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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

TALB501(c)(7) · MEDIUMNAICS 713910EIN 52-0504660

Talbot Country Club Inc

Easton, MD · founded 1954

13 filings on recordFY 2012–2023medium confidence

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FY23 Total Revenue

$6.26M

▲ 3.4% YoY

FY23 Total Expenses

$5.67M

▲ 8.7% YoY

Operating Margin

9.5%

revenue minus expenses ÷ revenue

Employees

184

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$6.3M

▲ 41.3% / 5y

Expenses

$5.7M

▲ 37.9% / 5y

Total Assets

$12.0M

▲ 86.3% / 5y

Total Liabilities

$3.2M

▲ 319.9% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$4.4M	$5.4M	$5.4M	$6.1M	$6.3M	+41.3%
Expenses	$4.1M	$4.6M	$4.6M	$5.2M	$5.7M	+37.9%
Net surplus	$321K	$747K	$747K	$839K	$594K	+85.1%
Total assets	$6.4M	$8.9M	$8.9M	$10.6M	$12.0M	+86.3%
Total liabilities	$753K	$1.5M	$1.5M	$2.4M	$3.2M	+319.9%
Net assets	$5.7M	$7.4M	$7.4M	$8.2M	$8.8M	+55.4%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
DEREK W HALEY EMPLOYEE· 40h/wk	$139,720	$1,397
DAVID HAYES EMPLOYEE· 40h/wk	$134,740	$975
ROBERT D MCWILLIAMS EMPLOYEE· 40h/wk	$121,834	—
KELLY HALL EMPLOYEE· 40h/wk	$105,726	$1,073

+ 12 unpaid officers/directors as reported (ALICE RYAN, BARBARA AYERS, COLIN MCHALE, +9 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
CART FEES	$239,896
GREEN FEES	$180,338
RANGE FEES	$63,075
POOL,TENNIS, CAMP	$58,165
CLUB SERVICE	$42,073

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

—

end of year

Net land, buildings & equipment

$10.4M

book value, net of depreciation

Facility age

39%

accumulated depreciation ÷ cost — higher = older plant

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	$106,360
Depreciation & depletion	$699,713
Advertising & promotion	$50,116
Accounting fees	$24,189
Other professional fees	$113,325

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

TALBOT COUNTRY CLUB 401(K) PROFIT SHARING PLAN

pension · 43 participants · $1.8M 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.

TFounded in 1954, Talbot Country Club Inc reported $6.26M of revenue for FY23, at an operating margin of 9.5%. Revenue moved up 3.4% 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)

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