WCAL501(c)(7) · MEDIUMNAICS 713910EIN 38-1471254

Walnut Creek Country Club

South Lyon, MI · founded 1960
14 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$7.45M
▼ 3.9% YoY
FY23 Total Expenses
$6.64M
▲ 5.2% YoY
Operating Margin
10.9%
revenue minus expenses ÷ revenue
Employees
250
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$7.5M
▲ 6.4% / 5y
7.06.86.87.87.5
Expenses
$6.6M
▼ 5.7% / 5y
7.04.64.66.36.6
Total Assets
$21.8M
▲ 52.3% / 5y
14.317.717.719.721.8
Total Liabilities
$5.7M
▲ 52.4% / 5y
3.73.83.84.35.7

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$7.0M$6.8M$6.8M$7.8M$7.5M+6.4%
Expenses$7.0M$4.6M$4.6M$6.3M$6.6M-5.7%
Net surplus-$39K$2.2M$2.2M$1.4M$811K-2192.8%
Total assets$14.3M$17.7M$17.7M$19.7M$21.8M+52.3%
Total liabilities$3.7M$3.8M$3.8M$4.3M$5.7M+52.4%
Net assets$10.6M$13.8M$13.8M$15.3M$16.1M+52.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
SCOTT RETTMANN
Golf Course Superintendent· 40h/wk
$191,700$14,632
KEVIN FRANTZ
General Manager· 40h/wk
$190,934$17,675
SCOTT BROTEBECK
Head Golf Professional· 40h/wk
$124,714$2,108

+ 9 unpaid officers/directors as reported (BRIAN GRANDSTAFF, BRUCE D BERRY, CHARLES D CHAD MENTZER, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
SCOTT BROTEBECK
SOUTH LYON, MI
CONTRACTOR$1,110,204
COMMERICAL IRRIGATION
EAST PEORIA, IL
IRRIGATION INSTALLATION$990,668
FRONTIER GOLF
JONES MILLS, PA
GOLF COURSE CONTRACTOR$979,797

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES & ASSE$5,960,351
GREENS FEES AND CART R$1,125,842
MISCELLANEOUS$135,540
LOCKER RENTAL$80,875

WFounded in 1960, Walnut Creek Country Club reported $7.45M of revenue for FY23, at an operating margin of 10.9%. Revenue moved down 3.9% 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)
+ 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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