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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

SRUN501(c)(7) · MEDIUMNAICS 713910EIN 36-1841410

Sunset Ridge Country Club

Northfield, IL · founded 1925

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$14.65M

▲ 42.9% YoY

FY23 Total Expenses

$10.53M

▲ 12.3% YoY

Operating Margin

28.1%

revenue minus expenses ÷ revenue

Employees

219

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$14.6M

▲ 60.0% / 5y

Expenses

$10.5M

▲ 16.1% / 5y

Total Assets

$23.0M

▲ 17.0% / 5y

Total Liabilities

$5.4M

▼ 0.5% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$9.2M	$8.5M	$8.5M	$10.3M	$14.6M	+60.0%
Expenses	$9.1M	$8.0M	$8.0M	$9.4M	$10.5M	+16.1%
Net surplus	$88K	$509K	$509K	$879K	$4.1M	+4570.5%
Total assets	$19.7M	$17.2M	$17.2M	$17.3M	$23.0M	+17.0%
Total liabilities	$5.5M	$4.9M	$4.9M	$3.9M	$5.4M	-0.5%
Net assets	$14.2M	$12.3M	$12.3M	$13.3M	$17.6M	+23.7%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
PETER BERKA Head Tennis Professional· 40h/wk	$284,649	$9,800
JAMES PETERSEN GENERAL MANAGER/COO· 40h/wk	$173,533	$13,078
TAMER EL-ADAWY General Manager· 40h/wk	$171,691	$12,496
PETER KILLIAN Golf Course Superintendent· 40h/wk	$151,380	$26,051
SCOTT WEBSTER Executive Chef· 40h/wk	$150,386	$23,508
WILLIAM REID Head Golf Professional· 40h/wk	$139,204	$24,019
RICHARD MCKELVEY Controller· 40h/wk	$129,521	$5,181

+ 19 unpaid officers/directors as reported (BRENT FELITTO, BRIAN UHLIG, DELFO BIANCHINI, +16 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
INITIATION FEES AND CAPITAL ASSES	$4,856,288
MEMBERSHIP DUES	$4,551,776
VARIABLE AND DEBT ASSESSMENT	$1,184,097
GOLF OPERATIONS	$798,258
FOOD AND BEVERAGE DEPARTMENT	$741,661

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$3.9M

▲ $936K new borrowing

Net land, buildings & equipment

$19.6M

book value, net of depreciation

Facility age

59%

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

Insurance	$214,286
Occupancy	$747,787
Depreciation & depletion	$1,303,126
Information technology	$53,489
Office expenses	$81,479
Accounting fees	$79,214

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

SUNSET RIDGE COUNTRY CLUB 401(K) PLAN

pension · 72 participants · $4.0M 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.

SFounded in 1925, Sunset Ridge Country Club reported $14.65M of revenue for FY23, at an operating margin of 28.1%. Revenue moved up 42.9% 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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