SHEB501(c)(7) · MEDIUMNAICS 713910EIN 39-0610580

Sheboygan Country Club

Sheboygan, WI · founded 1942
13 filings on recordFY 20122024medium confidence
FY24 Total Revenue
$4.27M
▲ 9.7% YoY
FY24 Total Expenses
$3.72M
▲ 8.4% YoY
Operating Margin
12.7%
revenue minus expenses ÷ revenue
Employees
130
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$4.3M
▲ 50.9% / 5y
2.82.83.43.94.3
Expenses
$3.7M
▲ 28.5% / 5y
2.92.93.63.43.7
Total Assets
$9.8M
▲ 31.2% / 5y
7.57.58.79.39.8
Total Liabilities
$3.6M
▲ 60.0% / 5y
2.32.33.53.63.6

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$2.8M$2.8M$3.4M$3.9M$4.3M+50.9%
Expenses$2.9M$2.9M$3.6M$3.4M$3.7M+28.5%
Net surplus-$72K-$72K-$124K$455K$542K-851.9%
Total assets$7.5M$7.5M$8.7M$9.3M$9.8M+31.2%
Total liabilities$2.3M$2.3M$3.5M$3.6M$3.6M+60.0%
Net assets$5.2M$5.2M$5.3M$5.6M$6.2M+18.7%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther
TED OSMUNDSON
PGA GENERAL MANAGER· 40h/wk
$134,654$24,254
THOMAS SPELTZ
Golf Course Superintendent· 40h/wk
$108,192

+ 12 unpaid officers/directors as reported (ANDY RINDT, JEREMY UDOVICH, KENDALL KANE, +9 more)

Top contractors

FY24 · vendors paid $100k+ as reported
VendorServicePaid
A CHAPPA CONSTRUCTION
SHEBOYGAN FALLS, WI
CONSTRUCTION SERVICES$2,090,968

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$2,034,229
CAPITAL ASSESSMENTS$514,019
GREEN FEES$216,007
CART RENTALS$203,547
SPECIAL EVENTS$67,568

SFounded in 1942, Sheboygan Country Club reported $4.27M of revenue for FY24, at an operating margin of 12.7%. Revenue moved up 9.7% 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, FY2024 · period ending Sun Mar 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Fri Mar 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Thu Mar 31 2022 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
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