PGIN501(c)(7) · MEDIUMNAICS 713910EIN 38-0930015

Pine Grove Country Club

Iron Mountain, MI · founded 1947
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$2.88M
▲ 40.5% YoY
FY23 Total Expenses
$2.34M
▲ 19.0% YoY
Operating Margin
18.7%
revenue minus expenses ÷ revenue
Employees
85
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$2.9M
▲ 47.4% / 5y
2.01.72.12.02.9
Expenses
$2.3M
▲ 17.0% / 5y
2.01.61.82.02.3
Total Assets
$4.9M
▲ 31.1% / 5y
3.83.84.04.24.9
Total Liabilities
$2.5M
▲ 12.3% / 5y
2.22.22.22.42.5

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.0M$1.7M$2.1M$2.0M$2.9M+47.4%
Expenses$2.0M$1.6M$1.8M$2.0M$2.3M+17.0%
Net surplus-$47K$106K$313K$82K$538K-1236.7%
Total assets$3.8M$3.8M$4.0M$4.2M$4.9M+31.1%
Total liabilities$2.2M$2.2M$2.2M$2.4M$2.5M+12.3%
Net assets$1.5M$1.6M$1.8M$1.9M$2.4M+58.9%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 6 unpaid officers/directors as reported (BRIAN WATT, JEFF CAMPBELL, MARK PICUCCI, +3 more)

All 6 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 itemAmount
FOOD AND BAR SALES-MEMBER$915,520
MEMBER DUES$764,510
PRO SHOP SALES-MEMBER$194,857
ASSESSMENTS AND MISC FEES$194,600
GREEN FEES/RENTALS-MEMBER$107,746

PFounded in 1947, Pine Grove Country Club reported $2.88M of revenue for FY23, at an operating margin of 18.7%. Revenue moved up 40.5% 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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