WEQU501(c)(7) · MEDIUMNAICS 713910EIN 38-1159135

Wequetonsing Golf Club

Harbor Springs, MI · founded 1991
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$1.48M
▲ 42.3% YoY
FY23 Total Expenses
$1.78M
▲ 4.1% YoY
Operating Margin
-20.5%
revenue minus expenses ÷ revenue
Employees
49
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$1.5M
▲ 37.2% / 5y
1.11.11.01.01.5
Expenses
$1.8M
▲ 47.4% / 5y
1.21.11.31.71.8
Total Assets
$4.9M
▲ 34.1% / 5y
3.63.85.14.94.9
Total Liabilities
$103K
▲ 97.6% / 5y
525129146103

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.1M$1.1M$1.0M$1.0M$1.5M+37.2%
Expenses$1.2M$1.1M$1.3M$1.7M$1.8M+47.4%
Net surplus-$131K-$76K-$246K-$674K-$304K+131.8%
Total assets$3.6M$3.8M$5.1M$4.9M$4.9M+34.1%
Total liabilities$52K$51K$29K$146K$103K+97.6%
Net assets$3.6M$3.8M$5.0M$4.8M$4.8M+33.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
DEBBIE ESPOSITO
Controller· 40h/wk
$23,077$692

+ 9 unpaid officers/directors as reported (FRITZ SOUDER, GREGORY W FISHER, GUNBY GARRARD, +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$1,009,000
GOLF COURSE$324,130
RESTAURANT$93,192
NONMEMBER GOLF ACTIVIT$33,180

WFounded in 1991, Wequetonsing Golf Club reported $1.48M of revenue for FY23, at an operating margin of -20.5%. Revenue moved up 42.3% 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)
+ 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
live feed
The Quarterly · delivered free

Read the filings
before the board does.

Every new 990, every shift in the compensation bands, every notable year-over-year swing — compiled into one briefing each edition, for the people who actually run these clubs.

4,200+
GMs · controllers · board members
4×
a year · never more
Subscribe
Quarterly only · no spam · unsubscribe in one click

“I read it before our finance committee meets.”
— GM, top-50 club

Privacy PolicyDisclaimerMethodology© 2026 Country Club Intel
The Quarterly · free
The filings, the comp, the movers — four times a year.
Quarterly only · no spam · unsubscribe in one click