| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.3M | $3.7M | $4.4M | $6.2M | $6.7M | +101.2% |
| Expenses | $3.5M | $4.1M | $4.0M | $5.3M | $5.8M | +66.8% |
| Net surplus | -$188K | -$396K | $310K | $858K | $824K | -539.4% |
| Total assets | $4.9M | $6.9M | $7.3M | $7.5M | $7.8M | +59.8% |
| Total liabilities | $3.7M | $6.2M | $6.3M | $5.6M | $5.1M | +36.5% |
| Net assets | $1.1M | $723K | $1.0M | $1.9M | $2.7M | +136.1% |
| Officer · Employee | Reportable | Other |
|---|---|---|
DIANE VANDERVEEN General Manager· 40h/wk | $110,138 | — |
+ 9 unpaid officers/directors as reported (ARIC ARMBRUSTER, JIM MELLINGER, JOHN MCGEE, +6 more)
No contractors reported.
| Line item | Amount |
|---|---|
| DINING ROOM SALES | $1,784,989 |
| PRO SHOP SALES | $993,957 |
| INITIATION FEES | $651,400 |
| TOURNAMENT FEES | $134,215 |
| SOCIAL EVENT FEES | $54,571 |
TFounded in 1979, Traverse City Golf And Country Club reported $6.65M of revenue for FY23, at an operating margin of 12.4%. Revenue moved up 7.3% 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.