SHPR501(c)(7) · MEDIUMNAICS 713910EIN 41-1865981

Spring Hill Golf Club

Wayzata, MN · founded 1998
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$7.01M
▲ 6.2% YoY
FY23 Total Expenses
$5.79M
▲ 17.2% YoY
Operating Margin
17.5%
revenue minus expenses ÷ revenue
Employees
135
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$7.0M
▲ 85.4% / 5y
3.84.35.26.67.0
Expenses
$5.8M
▲ 48.0% / 5y
3.94.04.24.95.8
Total Assets
$18.3M
▲ 32.4% / 5y
13.814.215.317.118.3
Total Liabilities
$395K
▲ 87.7% / 5y
210217290447395

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.8M$4.3M$5.2M$6.6M$7.0M+85.4%
Expenses$3.9M$4.0M$4.2M$4.9M$5.8M+48.0%
Net surplus-$126K$380K$1.0M$1.7M$1.2M-1069.9%
Total assets$13.8M$14.2M$15.3M$17.1M$18.3M+32.4%
Total liabilities$210K$217K$290K$447K$395K+87.7%
Net assets$13.6M$14.0M$15.0M$16.6M$17.9M+31.6%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JEFF KRINGEN
DIRECTOR OF· 40h/wk
$278,100$9,072
TIM JOHNSON
SUPERINTENDE· 40h/wk
$266,769$8,460

+ 10 unpaid officers/directors as reported (ANDREW TURNER, DAVID MILLER, DAVID OXFORD, +7 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$4,162,747
INITIATION FEES$2,065,000
MISCELLANEOUS REVENUE$14,596

SFounded in 1998, Spring Hill Golf Club reported $7.01M of revenue for FY23, at an operating margin of 17.5%. Revenue moved up 6.2% 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)
+ 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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