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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

OFLY501(c)(7) · MEDIUMNAICS 713910EIN 36-1580550

Olympia Fields Country Club

Olympia Flds, IL · founded 1941

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$14.64M

▼ 2.3% YoY

FY23 Total Expenses

$14.03M

▲ 14.7% YoY

Operating Margin

4.2%

revenue minus expenses ÷ revenue

Employees

384

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$14.6M

▲ 17.8% / 5y

Expenses

$14.0M

▲ 33.2% / 5y

Total Assets

$35.2M

▲ 41.1% / 5y

Total Liabilities

$13.6M

▲ 42.2% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$12.4M	$13.6M	$13.6M	$15.0M	$14.6M	+17.8%
Expenses	$10.5M	$10.8M	$10.8M	$12.2M	$14.0M	+33.2%
Net surplus	$1.9M	$2.8M	$2.8M	$2.8M	$612K	-67.9%
Total assets	$24.9M	$27.7M	$27.7M	$30.1M	$35.2M	+41.1%
Total liabilities	$9.6M	$10.0M	$10.0M	$9.3M	$13.6M	+42.2%
Net assets	$15.4M	$17.7M	$17.7M	$20.7M	$21.6M	+40.5%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
SAM MACKENZIE Director of Grounds· 40h/wk	$294,699	$16,247
ADAM NICKERSON General Manager· 40h/wk	$259,980	$16,398
JOSH MISKOWIEC MEMBERSHIP DIR· 40h/wk	$195,652	$7,820
SARAH DONOVAN Controller· 40h/wk	$159,045	$21,352
Chris Franco Racquet Pro· 40h/wk	$148,456	$11,460
DOUG FARRELL HEAD GOLF PROFESS· 40h/wk	$123,565	$20,376
Erica Wolfe Event Coordinator· 40h/wk	$116,635	$10,705

+ 9 unpaid officers/directors as reported (CHARLES NEWMAN, COLLEEN KRAMER, DARIN REID, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBERSHIP DUES & ASSESSM	$9,274,498
GREEN FEES & CARTS	$3,535,481
RENTALS	$542,166
LOCKERS	$262,080
ALL OTHER PROGRAM SER REV	$142,914

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$6.7M

▲ $2.4M new borrowing

Net land, buildings & equipment

$29.9M

book value, net of depreciation

Facility age

42%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX

Management fees	$0
Insurance	$396,180
Occupancy	$1,362,737
Depreciation & depletion	$1,373,681
Information technology	$176,113
Advertising & promotion	$11,973
Office expenses	$98,228
Legal fees	$101,389
Accounting fees	$13,950
Other professional fees	$68,919

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

OLYMPIA FIELDS COUNTRY CLUB 401(K) PROFIT SHARING PLAN

pension · 115 participants · $6.2M assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

OFounded in 1941, Olympia Fields Country Club reported $14.64M of revenue for FY23, at an operating margin of 4.2%. Revenue moved down 2.3% 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)

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