WILM501(c)(7) · MEDIUMNAICS 713910EIN 51-0054440

Wilmington Country Club

Wilmington, DE · founded 1948
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$19.42M
▲ 4.8% YoY
FY23 Total Expenses
$19.54M
▲ 10.1% YoY
Operating Margin
-0.6%
revenue minus expenses ÷ revenue
Employees
428
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$19.4M
▲ 18.1% / 5y
16.416.916.918.519.4
Expenses
$19.5M
▲ 18.4% / 5y
16.514.414.417.819.5
Total Assets
$36.6M
▲ 17.7% / 5y
31.136.636.637.636.6
Total Liabilities
$6.8M
▲ 76.3% / 5y
3.97.57.57.76.8

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$16.4M$16.9M$16.9M$18.5M$19.4M+18.1%
Expenses$16.5M$14.4M$14.4M$17.8M$19.5M+18.4%
Net surplus-$65K$2.5M$2.5M$782K-$121K+87.5%
Total assets$31.1M$36.6M$36.6M$37.6M$36.6M+17.7%
Total liabilities$3.9M$7.5M$7.5M$7.7M$6.8M+76.3%
Net assets$27.2M$29.1M$29.1M$29.9M$29.8M+9.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
PHILIP IANNELLI
General Manager· 50h/wk
$467,790$76,039
LIEZEL HUBER
Director of Racquets· 50h/wk
$305,037$24,900
MICHAEL K SHANK
Director of Golf· 50h/wk
$304,742$43,234
JONATHAN J URBANSKI
DIRECTOR OF GOLF COURSES A· 50h/wk
$252,983$68,680
SHERMAN W TRIBBITT
Executive Chef· 50h/wk
$190,407$40,184
EDMUND CHILTON
ASSISTANT DIRECTOR OF RACQ· 50h/wk
$166,336$19,454
MELINDA BLUMETTI
Controller· 50h/wk
$143,813$39,971
CESAR A LEON
RACQUETS PRO· 50h/wk
$133,990$17,169
CLARK VERCHICK
CHIEF ENGINEER· 50h/wk
$123,124$31,042
CHRISTINE JORDAN
CLUBHOUSE MANAGER· 50h/wk
$113,231$15,944

+ 22 unpaid officers/directors as reported (ADAM G LANDIS, ALLEN M TERRELL JR, ANDREW J PODOLSKY, +19 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
FOOD & BEVERAGE MEMBERS$3,489,718
GOLF SHOP OPERATIONS$2,462,607
PERSONAL TRAINING, POOL, LOCKERS$834,529
FOOD & BEV - NONMEMBERS$606,699
TENNIS AND SQUASH$303,711

WFounded in 1948, Wilmington Country Club reported $19.42M of revenue for FY23, at an operating margin of -0.6%. Revenue moved up 4.8% 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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