BPEN501(c)(7) · MEDIUMNAICS 713910EIN 51-0198590

Bent Pine Golf Club Inc

Vero Beach, FL · founded 1976
12 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$6.06M
▲ 13.0% YoY
FY23 Total Expenses
$6.13M
▲ 18.5% YoY
Operating Margin
-1.2%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing

The Five-Year Picture

FY2018 — FY2023 · as filed
Revenue
$6.1M
▲ 45.1% / 5y
4.24.05.45.46.1
Expenses
$6.1M
▲ 45.1% / 5y
4.24.35.25.26.1
Total Assets
$8.9M
▼ 0.7% / 5y
8.98.58.48.48.9
Total Liabilities
$3.0M
▲ 23.7% / 5y
2.42.32.32.33.0

Year-on-year detail

from IRS Form 990
LineFY18FY19FY21FY22FY23Δ total
Revenue$4.2M$4.0M$5.4M$5.4M$6.1M+45.1%
Expenses$4.2M$4.3M$5.2M$5.2M$6.1M+45.1%
Net surplus-$50K-$289K$191K$191K-$72K+44.7%
Total assets$8.9M$8.5M$8.4M$8.4M$8.9M-0.7%
Total liabilities$2.4M$2.3M$2.3M$2.3M$3.0M+23.7%
Net assets$6.5M$6.2M$6.1M$6.1M$5.9M-9.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
ROBERT J MARKUT
GOLF COURSE· 40h/wk
$176,225
HUGH O'DONNELL
FORMER GENER· 40h/wk
$119,708

+ 14 unpaid officers/directors as reported (BARBARA RIGBY, BLAKE WILKES, BRUCE CARSON, +11 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
MEMBERSHIP DUES & ASSESSMENTS$3,589,365
INITIATION FEES$537,500
CAPITAL ASSESSMENTS$273,920
OTHER INCOME$82,358

BFounded in 1976, Bent Pine Golf Club Inc reported $6.06M of revenue for FY23, at an operating margin of -1.2%. Revenue moved up 13.0% 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 Tue Oct 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Oct 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sun Oct 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 9 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
live feed
The Quarterly · delivered free

Read the filings
before the board does.

Every new 990, every shift in the compensation bands, every notable year-over-year swing — compiled into one briefing each edition, for the people who actually run these clubs.

4,200+
GMs · controllers · board members
4×
a year · never more
Subscribe
Quarterly only · no spam · unsubscribe in one click

“I read it before our finance committee meets.”
— GM, top-50 club

Privacy PolicyDisclaimerMethodology© 2026 Country Club Intel
The Quarterly · free
The filings, the comp, the movers — four times a year.
Quarterly only · no spam · unsubscribe in one click