WLHI501(c)(7) · MEDIUMNAICS 713910EIN 36-2307693
White Lake Golf Club
Whitehall, MI
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$952k
▲ 1.2% YoY
FY23 Total Expenses
$949k
▲ 14.6% YoY
Operating Margin
0.3%
revenue minus expenses ÷ revenue
Employees
24
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$952K
▲ 46.2% / 5y
Expenses
$949K
▲ 46.8% / 5y
Total Assets
$1.0M
▲ 46.8% / 5y
Total Liabilities
$107K
▲ 134.1% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $651K | $794K | $794K | $940K | $952K | +46.2% |
| Expenses | $646K | $738K | $738K | $828K | $949K | +46.8% |
| Net surplus | $5K | $56K | $56K | $113K | $3K | -33.5% |
| Total assets | $686K | $844K | $844K | $939K | $1.0M | +46.8% |
| Total liabilities | $46K | $60K | $60K | $42K | $107K | +134.1% |
| Net assets | $640K | $784K | $784K | $897K | $900K | +40.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 11 unpaid officers/directors as reported (BILL DAVIS, CHARLIE DEUPREE, DON NELLIS, +8 more)
All 11 listed officers reported $0 compensation — volunteer board.
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/ASSESSMENTS | $597,329 |
| GOLF CART RENTALS | $144,599 |
| GREEN FEES BY MEMBERS | $88,938 |
| TOURNAMENTS | $41,702 |
| VARIOUS OTHER INCOME | $26,821 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$842K
book value, net of depreciation
Facility age
62%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $14,415 |
| Depreciation & depletion | $71,237 |
| Advertising & promotion | $1,505 |
| Accounting fees | $15,216 |
WWhite Lake Golf Club reported $952k of revenue for FY23, at an operating margin of 0.3%. Revenue moved up 1.2% 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
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