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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

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

Walnut Creek Country Club

South Lyon, MI · founded 1960

14 filings on recordFY 2011–2023medium confidence

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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

Expenses

$6.6M

▼ 5.7% / 5y

Total Assets

$21.8M

▲ 52.3% / 5y

Total Liabilities

$5.7M

▲ 52.4% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ 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 · Employee	Reportable	Other
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

Vendor	Service	Paid
Scott Brotebeck SOUTH LYON, MI	Construction & renovation	$1,110,204
Commerical Irrigation EAST PEORIA, IL	Turf & grounds	$990,668
Frontier Golf JONES MILLS, PA	Construction & renovation	$979,797

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBERSHIP DUES & ASSE	$5,960,351
GREENS FEES AND CART R	$1,125,842
MISCELLANEOUS	$135,540
LOCKER RENTAL	$80,875

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$4.8M

▲ $1.4M new borrowing

Net land, buildings & equipment

$18.8M

book value, net of depreciation

Facility age

52%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX

Insurance	$165,504
Depreciation & depletion	$1,047,407
Office expenses	$17,635

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

WALNUT CREEK COUNTRY CLUB 401(K) PLAN

pension · 143 participants · $1.7M assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

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)

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