PLIN501(c)(7) · MEDIUMNAICS 713910EIN 38-0930080

Pine Lake Country Club

Orchard Lake, MI · founded 1942
14 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$8.28M
▲ 0.0% YoY
FY23 Total Expenses
$6.52M
▲ 0.0% YoY
Operating Margin
21.3%
revenue minus expenses ÷ revenue
Employees
305
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2023 · as filed
Revenue
$8.3M
▲ 46.4% / 5y
5.78.67.38.38.3
Expenses
$6.5M
▲ 22.5% / 5y
5.35.66.66.56.5
Total Assets
$25.2M
▲ 113.4% / 5y
11.814.915.625.225.2
Total Liabilities
$13.1M
▲ 131.1% / 5y
5.75.65.313.113.1

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY23Δ total
Revenue$5.7M$8.6M$7.3M$8.3M$8.3M+46.4%
Expenses$5.3M$5.6M$6.6M$6.5M$6.5M+22.5%
Net surplus$332K$3.0M$715K$1.8M$1.8M+430.7%
Total assets$11.8M$14.9M$15.6M$25.2M$25.2M+113.4%
Total liabilities$5.7M$5.6M$5.3M$13.1M$13.1M+131.1%
Net assets$6.2M$9.3M$10.4M$12.1M$12.1M+97.2%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
GREGORY J COLOMBO
FORMER COO· 50h/wk
$262,465$15,686
TERRY POLEY
Golf Course Superintendent· 40h/wk
$198,567$10,373
MARK NOWOSIELSKI
Head Golf Professional· 40h/wk
$194,922$3,917
PJOTRS NECAJEVS
Director of Racquets· 40h/wk
$165,411$18,777
SCOTT SHAPIN
ASSISTANT GOLF PROFESSIONAL· 40h/wk
$142,152$6,594

+ 10 unpaid officers/directors as reported (ELLEN N CHASE, GARY J GLORIO, JIM FRIEL, +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
MEMBERSHIP DUES$3,994,598
ASSESSMENTS$2,196,033
SUSTAINABILITY FEE$1,246,347
GREEN & CART FEES$374,312
INDOOR/OUTDOOR TENNIS INCOME$263,192

PFounded in 1942, Pine Lake Country Club reported $8.28M of revenue for FY23, at an operating margin of 21.3%. Revenue moved up 0.0% 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.

Source documents
Form 990, FY2023 · period ending Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 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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