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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

RBEH501(c)(7) · MEDIUMNAICS 713910EIN 51-0042264

Rehoboth Beach Country Club Inc

Rehoboth Bch, DE · founded 1949

12 filings on recordFY 2012–2023medium confidence

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FY23 Total Revenue

$8.72M

▼ 2.0% YoY

FY23 Total Expenses

$7.85M

▲ 21.2% YoY

Operating Margin

9.9%

revenue minus expenses ÷ revenue

Employees

275

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$8.7M

▲ 88.3% / 5y

Expenses

$7.9M

▲ 61.4% / 5y

Total Assets

$25.6M

▲ 88.1% / 5y

Total Liabilities

$12.9M

▲ 234.7% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$4.6M	$6.5M	$6.5M	$8.9M	$8.7M	+88.3%
Expenses	$4.9M	$5.4M	$5.4M	$6.5M	$7.9M	+61.4%
Net surplus	-$237K	$1.1M	$1.1M	$2.4M	$864K	-464.3%
Total assets	$13.6M	$22.1M	$22.1M	$25.1M	$25.6M	+88.1%
Total liabilities	$3.9M	$14.1M	$14.1M	$13.9M	$12.9M	+234.7%
Net assets	$9.7M	$8.0M	$8.0M	$11.2M	$12.7M	+29.9%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
CARPIU CHERECHES General Manager· 40h/wk	$284,793	$3,145
PATRICK MASTRIAN Head Golf Professional· 40h/wk	$158,441	$6,751
MICHAEL MANEY Golf Course Superintendent· 40h/wk	$146,952	$21,522

+ 13 unpaid officers/directors as reported (CHADWICK MOORE, DENNIS RUNSTEN, DON WEBSTER, +10 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 AND AS	$6,288,812
INITIATION FEES	$1,609,447
GREENS AND CARTS	$539,823
GOLF & TOURNAMENTS	$333,354
POOL AND TENNIS	$112,746

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$10.5M

▼ $1.2M paid down

Net land, buildings & equipment

$18.2M

book value, net of depreciation

Facility age

38%

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	$287,698
Occupancy	$224,462
Depreciation & depletion	$1,287,754
Office expenses	$87,452
Legal fees	$8,834
Accounting fees	$48,305

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

REHOBOTH BEACH COUNTRY CLUB 401(K) RETIREMENT PLAN

pension · 93 participants · $1.0M 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
Bartenders Rehoboth Beach, DE	$37K	17	May 2025 → Oct 2025
Landscaping and Groundskeeping Workers Rehoboth Beach, DE	$37K	12	Mar 2025 → Oct 2025
Cooks, Short Order Rehoboth Beach, DE	$31K	3	May 2025 → Oct 2025

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 →

RFounded in 1949, Rehoboth Beach Country Club Inc reported $8.72M of revenue for FY23, at an operating margin of 9.9%. Revenue moved down 2.0% 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 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)

▸ Form 990, FY2021 · period ending Wed Mar 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

+ 9 more · via ProPublica

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