INTE501(c)(7) · MEDIUMNAICS 713910EIN 41-0328845

Interlachen Country Club

Minneapolis, MN · founded 1936
13 filings on recordFY 20122024medium confidence
FY24 Total Revenue
$20.90M
▲ 4.7% YoY
FY24 Total Expenses
$17.55M
▲ 8.2% YoY
Operating Margin
16.0%
revenue minus expenses ÷ revenue
Employees
424
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$20.9M
▲ 55.2% / 5y
13.512.919.920.020.9
Expenses
$17.5M
▲ 47.9% / 5y
11.910.714.716.217.5
Total Assets
$60.9M
▲ 96.7% / 5y
30.933.438.748.460.9
Total Liabilities
$26.5M
▲ 141.6% / 5y
11.011.111.317.326.5

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$13.5M$12.9M$19.9M$20.0M$20.9M+55.2%
Expenses$11.9M$10.7M$14.7M$16.2M$17.5M+47.9%
Net surplus$1.6M$2.2M$5.2M$3.7M$3.4M+108.6%
Total assets$30.9M$33.4M$38.7M$48.4M$60.9M+96.7%
Total liabilities$11.0M$11.1M$11.3M$17.3M$26.5M+141.6%
Net assets$20.0M$22.2M$27.3M$31.0M$34.4M+72.1%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther
Joel Livingood
General Manager/CEO· 40h/wk
$564,098$66,950
Nathan Ollhoff
Director of Golf· 40h/wk
$310,021$65,682
Carrie Eyler
Assistant General Manager· 40h/wk
$219,787$33,134
Sean Lawler
Chief Financial Officer· 40h/wk
$205,476$33,442
Brian Boll- Director of Golf
Course and Grounds· 40h/wk
$203,860$32,372
Aaron Anderson
Executive Chef· 40h/wk
$165,185$29,846
Shawn Bamhart
IT Manager· 40h/wk
$115,319
Jeff Keiser - Director of
Marketing and Communicatio· 40h/wk
$114,118$20,975
Ryan Sullivan
Locker Room Manager· 40h/wk
$108,449$25,062
Luke Benoit
Director of Golf Instruction· 40h/wk
$101,459$7,533

+ 9 unpaid officers/directors as reported (Brett Habstritt, Colby Lund, David Oxford, +6 more)

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
Membership dues$8,816,633
Assessment fees$6,042,675
Initiation fees$1,468,489
Club member services$1,179,775

IFounded in 1936, Interlachen Country Club reported $20.90M of revenue for FY24, at an operating margin of 16.0%. Revenue moved up 4.7% 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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