| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $4.6M | $5.4M | $6.5M | $8.9M | $8.7M | +88.3% |
| Expenses | $4.9M | $8.1M | $5.4M | $6.5M | $7.9M | +61.4% |
| Net surplus | -$237K | -$2.6M | $1.1M | $2.4M | $864K | -464.3% |
| Total assets | $13.6M | $15.6M | $22.1M | $25.1M | $25.6M | +88.1% |
| Total liabilities | $3.9M | $8.5M | $14.1M | $13.9M | $12.9M | +234.7% |
| Net assets | $9.7M | $7.1M | $8.0M | $11.2M | $12.7M | +29.9% |
| 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)
No contractors reported.
| 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 |
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.