KCIN501(c)(7) · MEDIUMNAICS 713910EIN 51-0318526

Kings Creek Country Club Inc

Rehoboth, DE · founded 1991
14 filings on recordFY 20112024medium confidence
FY24 Total Revenue
$7.55M
▲ 18.6% YoY
FY24 Total Expenses
$6.68M
▲ 4.9% YoY
Operating Margin
11.5%
revenue minus expenses ÷ revenue
Employees
181
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$7.5M
▲ 57.5% / 5y
4.84.87.96.47.5
Expenses
$6.7M
▲ 64.2% / 5y
4.14.15.56.46.7
Total Assets
$19.8M
▲ 13.7% / 5y
17.417.419.419.619.8
Total Liabilities
$7.4M
▼ 7.4% / 5y
8.08.07.88.17.4

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$4.8M$4.8M$7.9M$6.4M$7.5M+57.5%
Expenses$4.1M$4.1M$5.5M$6.4M$6.7M+64.2%
Net surplus$724K$724K$2.4M-$2K$867K+19.8%
Total assets$17.4M$17.4M$19.4M$19.6M$19.8M+13.7%
Total liabilities$8.0M$8.0M$7.8M$8.1M$7.4M-7.4%
Net assets$9.4M$9.4M$11.7M$11.6M$12.3M+31.8%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther
MARK HASCHEMEYER
Golf Course Superintendent· 50h/wk
$170,039$16,622
PHILIP LAMBERT
Executive Chef· 50h/wk
$151,899$16,094
CYNTHIA SMITH
WELLNESS DIRECTOR· 50h/wk
$115,037$11,067
DERRICK GERARD
Assistant General Manager· 50h/wk
$110,578$7,961
KEVIN WIEST
Head Golf Professional· 50h/wk
$109,391$24,812

+ 9 unpaid officers/directors as reported (BRIAN SIMMONS, DAWN DUPRE, ED ENGLES, +6 more)

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES AND AS$5,873,112
INITIATION FEES$904,422
GREEN AND CARTS$891,092
LOCKER, BAG STORAGE, A$114,392
TRAIL FEES$97,100

KFounded in 1991, Kings Creek Country Club Inc reported $7.55M of revenue for FY24, at an operating margin of 11.5%. Revenue moved up 18.6% 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, FY2024 · period ending Sun Mar 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
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)
+ 11 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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