Club Index›FL›QUAR

MoreRankings The Ledger Methodpublic IRS Form 990 records

The Annual Register

Country Club Intel

The Annual Register

Country Club Intel

Data from public IRS Form 990 · ProPublica Nonprofit Explorer

QUAR501(c)(7) · CONFIRMEDNAICS 713910EIN 47-4889313

Quarry Golf Club Inc

Naples, FL · founded 2016

9 filings on recordFY 2015–2023high confidence

Compare to peers →

FY23 Total Revenue

$7.64M

▲ 18.5% YoY

FY23 Total Expenses

$9.36M

▲ 9.1% YoY

Operating Margin

-22.5%

revenue minus expenses ÷ revenue

Employees

124

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$7.6M

▲ 45.6% / 5y

Expenses

$9.4M

▲ 65.2% / 5y

Total Assets

$24.7M

▲ 131.7% / 5y

Total Liabilities

$15.2M

▲ 240.3% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$5.2M	$6.0M	$6.0M	$6.4M	$7.6M	+45.6%
Expenses	$5.7M	$6.8M	$6.8M	$8.6M	$9.4M	+65.2%
Net surplus	-$422K	-$798K	-$798K	-$2.1M	-$1.7M	+308.5%
Total assets	$10.7M	$19.7M	$19.7M	$23.0M	$24.7M	+131.7%
Total liabilities	$4.5M	$11.0M	$11.0M	$14.4M	$15.2M	+240.3%
Net assets	$6.2M	$8.6M	$8.6M	$8.6M	$9.5M	+53.7%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
BOB RADUNZ General Manager· 40h/wk	$277,639	$73,169
ANNIE GARCIA DIRECTOR OF GOLF INSTRUCTION· 40h/wk	$200,380	$38,833
RODNEY WHISMAN Golf Course Superintendent· 40h/wk	$180,323	$56,630
BOB MEHMET Chief Financial Officer· 40h/wk	$149,827	$70,730
RICHARD BROWN Executive Chef· 40h/wk	$143,233	$15,995
JAMES MAGNUSSON Membership Director· 40h/wk	$123,690	$20,361
PAT DOYLE Director of Golf· 40h/wk	$121,274	$18,891

+ 9 unpaid officers/directors as reported (BARBARA AMAN, BOB NAUGLER, DAVID THOMAS, +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
MEMBERSHIP DUES	$4,955,386
GOLF OPERATIONS	$1,448,442
ASSOCIATE MEMBERSHIP REVENUE	$43,850

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$7.1M

▼ $702K paid down

Net land, buildings & equipment

$12.2M

book value, net of depreciation

Facility age

28%

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	$214,748
Depreciation & depletion	$1,270,317

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

THE QUARRY GOLF CLUB INC. 401(K) PLAN

pension · 77 participants · $1.2M 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.

Seasonal labor

DOL OFLC · certified H-2B positions

Role	Wage floor (annualized)	Workers	Season
Waiters and Waitresses Naples, FL	$41K	5	Oct 2025 → May 2026
Cooks, Restaurant Naples, FL	$38K	7	Oct 2025 → May 2026

Positions the club certified through the U.S. Department of Labor’s H-2B program — an independent, government wage floor for rank-and-file roles the Form 990 never itemizes. Decision-maker contact available to members →

QFounded in 2016, Quarry Golf Club Inc reported $7.64M of revenue for FY23, at an operating margin of -22.5%. Revenue moved up 18.5% 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)

+ 6 more · via ProPublica

The Quarterly · free