| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $5.7M | $7.0M | $8.7M | $9.7M | $10.2M | +79.7% |
| Expenses | $5.3M | $6.8M | $8.1M | $9.4M | $10.4M | +95.8% |
| Net surplus | $337K | $180K | $648K | $281K | -$250K | -174.0% |
| Total assets | $19.2M | $18.7M | $19.1M | $19.6M | $20.5M | +7.1% |
| Total liabilities | $11.1M | $10.5M | $10.2M | $10.5M | $11.6M | +4.5% |
| Net assets | $8.1M | $8.3M | $8.9M | $9.2M | $8.9M | +10.6% |
| Officer · Employee | Reportable | Other |
|---|---|---|
Ryan Wells General Manager· 40h/wk | $209,371 | $8,540 |
Andrew Gianino Golf Course Superintendent· 40h/wk | $155,146 | — |
Adrian Jolliffe Head Golf Professional· 40h/wk | $149,550 | $5,579 |
Erik Pohl Sommelier· 40h/wk | $124,651 | $6,135 |
Roel Smith Executive Chef· 40h/wk | $115,512 | $4,278 |
+ 9 unpaid officers/directors as reported (Chris VerMeulen, Dan Hurwitz, Dan Meyering, +6 more)
| Vendor | Service | Paid |
|---|---|---|
Erhardt Construction Ada, MI | Construction | $689,883 |
Gordon Food Service Chicago, IL | Supplies | $680,542 |
Superior Foods Company Grand Rapids, MI | Supplies | $321,846 |
Integrated Architecture Grand Rapids, MI | Architecture | $246,268 |
Valley City Linen Grand Rapids, MI | Supplies | $212,160 |
| Line item | Amount |
|---|---|
| Membership dues | $6,793,533 |
| Cart fees | $274,539 |
| Other golf revenue | $175,729 |
| Greens fees | $161,098 |
| Locker Rental | $129,150 |
CFounded in 1941, Cascade Hills Country Club reported $10.17M of revenue for FY23, at an operating margin of -2.5%. Revenue moved up 5.0% 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.