| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $9.2M | $9.0M | $10.8M | $10.4M | $11.9M | +28.5% |
| Expenses | $7.7M | $7.1M | $8.0M | $10.1M | $10.6M | +38.1% |
| Net surplus | $1.5M | $1.9M | $2.7M | $267K | $1.2M | -19.4% |
| Total assets | $18.7M | $19.9M | $22.1M | $21.9M | $21.3M | +14.2% |
| Total liabilities | $2.3M | $2.3M | $2.5M | $2.7M | $2.6M | +14.9% |
| Net assets | $16.4M | $17.6M | $19.6M | $19.1M | $18.7M | +14.1% |
| Officer · Employee | Reportable | Other |
|---|---|---|
DANIEL MARCO Golf Course Superintendent· 60h/wk | $297,693 | $43,717 |
KEVIN S KENNEBECK General Manager· 50h/wk | $282,756 | $50,445 |
THOMAS BIRMINGHAM Executive Chef· 50h/wk | $189,550 | $26,254 |
MIKE FRANCO PADDLE PRO· 50h/wk | $125,797 | $15,959 |
BRIAN PAGE Head Tennis Professional· 60h/wk | $123,416 | $16,030 |
MARK LABIAK Head Golf Professional· 60h/wk | $123,055 | $28,711 |
PATRICK BAUDHUIN Controller· 50h/wk | $117,305 | $23,745 |
+ 16 unpaid officers/directors as reported (BARRY SCHWARTZ, BLAKE BONYKO, CHARLES BUSH-JOSEPH, +13 more)
No contractors reported.
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES & ASSESSMENTS | $4,196,642 |
| INITIATION FEES | $2,299,642 |
| GOLF OPERATIONS | $1,190,554 |
| FOOD DEPARTMENT | $528,817 |
| CAPITAL ASSESSMENTS | $380,163 |
RFounded in 1941, Ruth Lake Country Club reported $11.87M of revenue for FY23, at an operating margin of 10.5%. Revenue moved up 14.4% 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.