RRED501(c)(7) · MEDIUMNAICS 713910EIN 38-0958820

Red Run Golf Club

Royal Oak, MI · founded 1953
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$7.39M
▲ 14.3% YoY
FY23 Total Expenses
$7.42M
▲ 19.3% YoY
Operating Margin
-0.4%
revenue minus expenses ÷ revenue
Employees
335
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$7.4M
▲ 9.6% / 5y
6.77.67.66.57.4
Expenses
$7.4M
▲ 11.8% / 5y
6.64.74.76.27.4
Total Assets
$13.6M
▲ 136.4% / 5y
5.710.010.013.413.6
Total Liabilities
$5.3M
▲ 178.1% / 5y
1.91.91.95.05.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$6.7M$7.6M$7.6M$6.5M$7.4M+9.6%
Expenses$6.6M$4.7M$4.7M$6.2M$7.4M+11.8%
Net surplus$105K$2.9M$2.9M$247K-$30K-128.9%
Total assets$5.7M$10.0M$10.0M$13.4M$13.6M+136.4%
Total liabilities$1.9M$1.9M$1.9M$5.0M$5.3M+178.1%
Net assets$3.8M$8.1M$8.1M$8.3M$8.3M+115.8%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JOSEPH MARINI
General Manager· 40h/wk
$281,544$19,523
WALTER F SIERAKOWSKI III
Head Golf Professional· 40h/wk
$175,750$2,084
KRISTI KAHL
Controller· 40h/wk
$171,136$7,859
ROBERT STEGER
GOLF COURSE SUPERINTENDANT· 40h/wk
$151,382$19,091
JOSEPH NIXON
Executive Chef· 40h/wk
$134,108$7,185

+ 9 unpaid officers/directors as reported (BROOK M KRESS, BRYAN K PROCTOR, DANIEL R TAYLOR, +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 itemAmount
MEMBERSHIP DUES$3,989,283
CART RENTALS$769,441
GREEN FEES, BAG STORAGE, RANGE FE$632,938
ASSESSMENT INCOME$492,408
TRANSFER AND INITIATION DUES$443,500

RFounded in 1953, Red Run Golf Club reported $7.39M of revenue for FY23, at an operating margin of -0.4%. Revenue moved up 14.3% 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 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)
Form 990, FY2021 · period ending Thu Sep 30 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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