OPAK501(c)(7) · MEDIUMNAICS 713910EIN 36-1569160

Oak Park Country Club

River Grove, IL · founded 1941
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$12.92M
▲ 51.1% YoY
FY23 Total Expenses
$9.48M
▲ 44.0% YoY
Operating Margin
26.7%
revenue minus expenses ÷ revenue
Employees
272
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$12.9M
▲ 74.6% / 5y
7.46.26.28.612.9
Expenses
$9.5M
▲ 68.9% / 5y
5.66.05.46.69.5
Total Assets
$19.3M
▲ 42.0% / 5y
13.613.714.916.419.3
Total Liabilities
$3.8M
▼ 2.8% / 5y
3.93.94.33.93.8

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$7.4M$6.2M$6.2M$8.6M$12.9M+74.6%
Expenses$5.6M$6.0M$5.4M$6.6M$9.5M+68.9%
Net surplus$1.8M$174K$740K$2.0M$3.4M+92.6%
Total assets$13.6M$13.7M$14.9M$16.4M$19.3M+42.0%
Total liabilities$3.9M$3.9M$4.3M$3.9M$3.8M-2.8%
Net assets$9.7M$9.8M$10.6M$12.5M$15.5M+60.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
TOM WALBERG
GM/COO· 40h/wk
$292,203$27,094
CARSON SOLIEN
HEAD PRO· 40h/wk
$179,955$24,413
TAYLOR GRAY
Golf Course Superintendent· 40h/wk
$170,888$13,374
TIM EDSTROM
Executive Chef· 40h/wk
$135,873$23,107
COLIN RONAYNE
ASSITANT GM· 40h/wk
$100,992$10,520

+ 11 unpaid officers/directors as reported (DANIEL COLLINS, DONNA SPAGNOLA, JIM LYNCH, +8 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
TRINITY H LTD
ELBURN, IL
CONSTRUCTION$1,709,412
GENSLER
CHICAGO, IL
DESIGN$149,806
STRAIGHT FORWARD ADVISORS
OAK BROOK, IL
IT$134,639

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
ADMISSION FEES AND ASSESSMENTS$4,914,635
MEMBERSHIP DUES$4,033,205
GOLF OPERATIONS$819,254
FOOD AND BEVERAGE$486,946
OTHER SPORTS$126,083

OFounded in 1941, Oak Park Country Club reported $12.92M of revenue for FY23, at an operating margin of 26.7%. Revenue moved up 51.1% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.

Source documents
Form 990, FY2023 · period ending Fri Mar 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Thu Mar 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Wed Mar 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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