GIRO501(c)(7) · MEDIUMNAICS 713910EIN 38-0612690

Grosse Ile Golf And Country Club

Grosse Ile, MI · founded 1989
14 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$4.11M
▲ 15.3% YoY
FY23 Total Expenses
$3.35M
▲ 5.9% YoY
Operating Margin
18.4%
revenue minus expenses ÷ revenue
Employees
169
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$4.1M
▲ 27.5% / 5y
3.22.83.43.64.1
Expenses
$3.3M
▲ 12.0% / 5y
3.02.52.73.23.3
Total Assets
$4.5M
▲ 72.7% / 5y
2.62.73.53.94.5
Total Liabilities
$981K
▼ 22.8% / 5y
1.31.11.21.1981

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.2M$2.8M$3.4M$3.6M$4.1M+27.5%
Expenses$3.0M$2.5M$2.7M$3.2M$3.3M+12.0%
Net surplus$230K$309K$714K$399K$757K+228.9%
Total assets$2.6M$2.7M$3.5M$3.9M$4.5M+72.7%
Total liabilities$1.3M$1.1M$1.2M$1.1M$981K-22.8%
Net assets$1.3M$1.5M$2.4M$2.8M$3.5M+162.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JOHN PAUL
GENERAL MANA· 40h/wk
$113,848$16,010
CAROL MACHUGA
Controller· 40h/wk
$77,571$9,823

+ 10 unpaid officers/directors as reported (BRAD LAZORKA, BRIAN BARTHOLOMEW, DR NICK BOOKER, +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
DUES$2,218,550
GOLF SERVICES$320,983
CAPITAL PLAN FUND$263,059
CART RENTALS$221,685
INITIATION FEES$101,475

GFounded in 1989, Grosse Ile Golf And Country Club reported $4.11M of revenue for FY23, at an operating margin of 18.4%. Revenue moved up 15.3% 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
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)
+ 11 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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