CLRY501(c)(7) · MEDIUMNAICS 713910EIN 36-2052014

Crystal Lake Country Club

Crystal Lake, IL · founded 1947
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$4.23M
▲ 10.1% YoY
FY23 Total Expenses
$3.95M
▲ 5.1% YoY
Operating Margin
6.5%
revenue minus expenses ÷ revenue
Employees
175
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$4.2M
▲ 60.2% / 5y
2.63.73.73.84.2
Expenses
$4.0M
▲ 28.5% / 5y
3.13.53.53.84.0
Total Assets
$7.6M
▲ 122.8% / 5y
3.44.04.05.57.6
Total Liabilities
$6.8M
▲ 125.8% / 5y
3.03.63.65.16.8

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.6M$3.7M$3.7M$3.8M$4.2M+60.2%
Expenses$3.1M$3.5M$3.5M$3.8M$4.0M+28.5%
Net surplus-$436K$207K$207K$80K$276K-163.4%
Total assets$3.4M$4.0M$4.0M$5.5M$7.6M+122.8%
Total liabilities$3.0M$3.6M$3.6M$5.1M$6.8M+125.8%
Net assets$363K$363K$363K$443K$719K+97.9%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
STEVE VANACKER
GROUNDSKEEPER· 40h/wk
$171,395$7,905
Mike Nedeau
General Manager· 40h/wk
$144,282$24,526
Ryan Keortgen
Food & bev. Mgr· 40h/wk
$116,236$7,359
Eric Feldbusch
Executive Chef· 40h/wk
$105,681

+ 10 unpaid officers/directors as reported (AL NIETZEL, CHARLIE COLLINS, GUY KERSHNER, +7 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES & ASSESSM$3,065,069
GOLF OPERATIONS$779,129
OTHER SPORTS$80,965
LOCKERS$44,588
CLUB EVENTS/ROOM CHARGES$26,034

CFounded in 1947, Crystal Lake Country Club reported $4.23M of revenue for FY23, at an operating margin of 6.5%. Revenue moved up 10.1% 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 Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Dec 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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