WOOD501(c)(7) · MEDIUMNAICS 713910EIN 52-0535740

Woodmont Country Club

Rockville, MD · founded 1951
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$25.39M
▲ 5.7% YoY
FY23 Total Expenses
$25.97M
▲ 12.7% YoY
Operating Margin
-2.3%
revenue minus expenses ÷ revenue
Employees
517
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$25.4M
▲ 13.1% / 5y
22.519.122.124.025.4
Expenses
$26.0M
▲ 19.4% / 5y
21.818.120.923.126.0
Total Assets
$64.3M
▲ 15.8% / 5y
55.555.356.258.564.3
Total Liabilities
$35.1M
▲ 16.9% / 5y
30.027.927.429.035.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$22.5M$19.1M$22.1M$24.0M$25.4M+13.1%
Expenses$21.8M$18.1M$20.9M$23.1M$26.0M+19.4%
Net surplus$701K$1.0M$1.2M$965K-$580K-182.7%
Total assets$55.5M$55.3M$56.2M$58.5M$64.3M+15.8%
Total liabilities$30.0M$27.9M$27.4M$29.0M$35.1M+16.9%
Net assets$25.5M$27.4M$28.8M$29.6M$29.2M+14.5%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
DAVID DORN
Director of Golf· 40h/wk
$394,835$11,927
BRUCE LIPKA
Director of Racquets· 40h/wk
$355,984$4,337
RYAN SEVERIDT
DIRECTOR OF GREENS & GROUNDS· 40h/wk
$339,022$29,583
JOE ROEDIGER
COO· 40h/wk
$337,095$16,742
JUAN CARLOS ESCUDERO
DIRECTOR FO JUNIOR TENNIS· 40h/wk
$277,396$31,086
MICHAEL SHEPPARD
Director of Finance· 40h/wk
$199,934$23,405

+ 26 unpaid officers/directors as reported (ADAM ROFFMAN, ALAN BUBES, ALAN LEVINE, +23 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
SAFE SHIELD CONSULTANTS DBA SIGNAL 88 SE
LAUREL, MD
SECURITY SERVICES$145,372

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$14,907,000
CAPITAL ASSESSMENT$2,166,428
INITIATION FEES$1,638,650
GOLF REVENUES$1,594,076
GUEST FEES$991,066

WFounded in 1951, Woodmont Country Club reported $25.39M of revenue for FY23, at an operating margin of -2.3%. Revenue moved up 5.7% 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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