GORE501(c)(7) · MEDIUMNAICS 713910EIN 38-2274018

Great Oaks Country Club Inc

Rochester, MI · founded 1980
12 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$7.44M
▲ 10.1% YoY
FY23 Total Expenses
$5.33M
▲ 10.7% YoY
Operating Margin
28.3%
revenue minus expenses ÷ revenue
Employees
283
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$7.4M
▲ 36.8% / 5y
5.44.94.96.87.4
Expenses
$5.3M
▲ 0.7% / 5y
5.33.73.74.85.3
Total Assets
$13.5M
▲ 63.3% / 5y
8.39.29.211.413.5
Total Liabilities
$4.3M
▼ 11.8% / 5y
4.83.83.84.24.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$5.4M$4.9M$4.9M$6.8M$7.4M+36.8%
Expenses$5.3M$3.7M$3.7M$4.8M$5.3M+0.7%
Net surplus$143K$1.2M$1.2M$1.9M$2.1M+1371.9%
Total assets$8.3M$9.2M$9.2M$11.4M$13.5M+63.3%
Total liabilities$4.8M$3.8M$3.8M$4.2M$4.3M-11.8%
Net assets$3.4M$5.4M$5.4M$7.2M$9.2M+169.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
SHAWN SCHROEDER
General Manager· 40h/wk
$177,747$17,319
DON KNOP
Golf Course Superintendent· 40h/wk
$158,703$22,458
NATHAN LEWIS
Executive Chef· 40h/wk
$135,566$18,545
MARK MARAS
Head Golf Professional· 40h/wk
$112,799$6,188

+ 12 unpaid officers/directors as reported (AARON HAGER, ANTHONY SANNA, DAN LAMBERT, +9 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
ALBAUGH MASONRY STONE & TILE INC
WATERFORD, MI
MASONRY$118,521

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$1,984,073
GOLF PRIVILEGE FEES$1,080,613
GREENS & CART FEES$1,014,014
INITIATION FEES$644,000
LOCKER FEES$89,990

GFounded in 1980, Great Oaks Country Club Inc reported $7.44M of revenue for FY23, at an operating margin of 28.3%. Revenue moved up 10.1% 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)
+ 9 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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