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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

ABTL501(c)(7) · MEDIUMNAICS 713910EIN 46-3449100

Atlantic Beach Country Club Inc

Atlantic Bch, FL · founded 2014

11 filings on recordFY 2013–2023medium confidence

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FY23 Total Revenue

$14.69M

▲ 11.1% YoY

FY23 Total Expenses

$9.98M

▲ 11.8% YoY

Operating Margin

32.0%

revenue minus expenses ÷ revenue

Employees

201

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$14.7M

▲ 124.6% / 5y

Expenses

$10.0M

▲ 57.0% / 5y

Total Assets

$23.7M

▲ 165.5% / 5y

Total Liabilities

$8.5M

▲ 118.8% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$6.5M	$8.2M	$8.2M	$13.2M	$14.7M	+124.6%
Expenses	$6.4M	$8.0M	$8.0M	$8.9M	$10.0M	+57.0%
Net surplus	$181K	$236K	$236K	$4.3M	$4.7M	+2503.2%
Total assets	$8.9M	$10.5M	$10.5M	$14.8M	$23.7M	+165.5%
Total liabilities	$3.9M	$4.3M	$4.3M	$4.3M	$8.5M	+118.8%
Net assets	$5.0M	$6.2M	$6.2M	$10.5M	$15.2M	+201.5%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
MICHAEL CHASE JR GENERAL MANA· 40h/wk	$348,880	$20,838
TOMAS GONZALEZ EMPLOYEE· 40h/wk	$218,347	$16,552
ELIZABETH DIAZ EMPLOYEE· 40h/wk	$198,655	$14,118
ALISON FREEDMAN Controller· 40h/wk	$182,855	$16,552
RICHARD PODWALSKI EMPLOYEE· 40h/wk	$178,045	$10,039
LAURA HAZELWOOD EMPLOYEE· 40h/wk	$159,956	$8,460
SUSAN HARRIS EMPLOYEE· 40h/wk	$152,078	$17,023

+ 9 unpaid officers/directors as reported (CHARLES BLOODWORTH, CHRIS EDMUNDS, JENNIFER KOWKABANY, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

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

Line item	Amount
DUES	$5,827,312
CAPITAL ASSESSMENT	$3,999,686
RENTALS, FEES & LESSONS	$1,452,412
INITIATION DUES	$1,420,376

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$6.2M

▲ $3.2M new borrowing

Net land, buildings & equipment

$14.3M

book value, net of depreciation

Facility age

20%

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	$513,083
Occupancy	$610,879
Depreciation & depletion	$623,534
Office expenses	$6,009
Accounting fees	$76,102

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

ATLANTIC BEACH COUNTRY CLUB RETIREMENT PLAN

pension · 96 participants · $1.9M 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.

AFounded in 2014, Atlantic Beach Country Club Inc reported $14.69M of revenue for FY23, at an operating margin of 32.0%. Revenue moved up 11.1% 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)

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