| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $8.8M | $13.4M | $13.4M | $14.2M | $13.9M | +58.4% |
| Expenses | $8.9M | $9.9M | $9.9M | $11.1M | $12.5M | +39.9% |
| Net surplus | -$114K | $3.5M | $3.5M | $3.1M | $1.5M | -1395.2% |
| Total assets | $29.1M | $30.3M | $30.3M | $30.3M | $30.9M | +6.4% |
| Total liabilities | $17.2M | $15.2M | $15.2M | $12.2M | $11.3M | -34.3% |
| Net assets | $11.9M | $15.1M | $15.1M | $18.1M | $19.6M | +65.0% |
| Officer · Employee | Reportable | Other |
|---|---|---|
LEE DOUGLAS GENERAL MANAGER/COO· 50h/wk | $280,399 | $17,682 |
NATHANIEL GULDSETH Golf Course Superintendent· 60h/wk | $194,938 | $20,886 |
THOMAS MELIDEO Head Golf Professional· 60h/wk | $163,050 | $29,663 |
GURMUKH GARCHA BUILDING MANAGER/F&B DIRECTOR· 60h/wk | $139,410 | $6,750 |
CRAIG HARDENBERGH Director of Racquets· 60h/wk | $123,368 | $22,408 |
+ 13 unpaid officers/directors as reported (ANNE KRIZ, CHRIS TACINELLI, CHRISTY COLE, +10 more)
| Vendor | Service | Paid |
|---|---|---|
COLLINS WHARF SOD EDEN, MD | GOLF COURSE RENOVATION | $142,534 |
MCDONALD & SONS JESSUP, MD | GOLF COURSE RENOVATION | $121,866 |
| Line item | Amount |
|---|---|
| MEMBER DUES | $4,970,023 |
| INITIATION FEES | $2,365,885 |
| GOLF OPERATIONS | $998,598 |
| LESSONS | $478,851 |
| OTHER SPORTS INCOME | $167,152 |
IFounded in 1962, International Town Country Club Inc reported $13.92M of revenue for FY23, at an operating margin of 10.6%. Revenue moved down 1.9% 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.