DEAR501(c)(7) · MEDIUMNAICS 713910EIN 38-0468580
Dearborn Country Club
Dearborn, MI · founded 1943
14 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$4.11M
▲ 0.3% YoY
FY23 Total Expenses
$4.10M
▲ 7.6% YoY
Operating Margin
0.2%
revenue minus expenses ÷ revenue
Employees
218
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$4.1M
▲ 23.2% / 5y
Expenses
$4.1M
▲ 12.9% / 5y
Total Assets
$9.3M
▲ 23.5% / 5y
Total Liabilities
$1.9M
▲ 79.0% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.3M | $4.0M | $4.0M | $4.1M | $4.1M | +23.2% |
| Expenses | $3.6M | $3.5M | $3.5M | $3.8M | $4.1M | +12.9% |
| Net surplus | -$299K | $423K | $423K | $284K | $6K | -102.1% |
| Total assets | $7.5M | $8.4M | $8.4M | $9.1M | $9.3M | +23.5% |
| Total liabilities | $1.0M | $2.1M | $2.1M | $2.1M | $1.9M | +79.0% |
| Net assets | $6.5M | $6.3M | $6.3M | $7.0M | $7.4M | +14.5% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
TYLER YERBY GENERAL MANAGER (EFF. 03/2023)· 55h/wk | $119,882 | — |
BLAKE NIENHUIS GOLF PROF· 55h/wk | $112,651 | — |
MICHAEL BAGERIS GENERAL MANAGER (TO 02/2023)· 55h/wk | $31,511 | — |
+ 9 unpaid officers/directors as reported (CHARLIE LEFLER, EDWARD ABERNETHY, JEFF MAKELIM, +6 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 |
|---|---|
| MEMBERSHIP DUES | $1,798,104 |
| GREEN & CART FEES | $704,258 |
| SERVICE & OTHER CHARGES | $360,165 |
| LEGACY EVENT | $158,969 |
| PRO SHOP | $82,540 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$33K
▼ $43K paid down
Net land, buildings & equipment
$7.4M
book value, net of depreciation
Facility age
44%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $144,262 |
| Occupancy | $459,573 |
| Depreciation & depletion | $188,297 |
| Advertising & promotion | $25,175 |
| Office expenses | $80,173 |
| Legal fees | $24,000 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
DEARBORN COUNTRY CLUB 401(K) PROFIT SHARING PLAN
pension · 45 participants · $404K assets · FY2024
DFounded in 1943, Dearborn Country Club reported $4.11M of revenue for FY23, at an operating margin of 0.2%. Revenue moved up 0.3% 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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