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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

MARI501(c)(7) · MEDIUMNAICS 713910EIN 58-0336450

Marietta Country Club Inc

Kennesaw, GA · founded 1946

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$14.94M

▲ 6.9% YoY

FY23 Total Expenses

$13.19M

▲ 12.1% YoY

Operating Margin

11.7%

revenue minus expenses ÷ revenue

Employees

307

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$14.9M

▲ 39.7% / 5y

Expenses

$13.2M

▲ 28.7% / 5y

Total Assets

$21.8M

▲ 29.5% / 5y

Total Liabilities

$9.9M

▼ 7.2% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$10.7M	$11.8M	$11.8M	$14.0M	$14.9M	+39.7%
Expenses	$10.2M	$10.7M	$10.7M	$11.8M	$13.2M	+28.7%
Net surplus	$441K	$1.2M	$1.2M	$2.2M	$1.7M	+295.8%
Total assets	$16.9M	$18.0M	$18.0M	$19.9M	$21.8M	+29.5%
Total liabilities	$10.6M	$9.9M	$9.9M	$9.7M	$9.9M	-7.2%
Net assets	$6.2M	$8.0M	$8.0M	$10.2M	$12.0M	+92.0%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
DANIEL LATERZA General Manager· 40h/wk	$256,817	$11,518
MARK HAYES SUPERINTENDENT OF GOLF· 40h/wk	$203,879	$15,418
TROY SPENCER Director of Golf· 40h/wk	$184,829	$392
LORI GUIGGIO Director of Racquets· 40h/wk	$162,907	$13,521
KYLE BAXTER CLUBHOUSE MANAGER· 40h/wk	$128,308	$4,516

+ 11 unpaid officers/directors as reported (ALAN BRADFORD, ALAN MARTIN, BRIAN MOORE, +8 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
MEMBERSHIP DUES	$6,667,617
CAPITAL CHARGES	$1,204,160
INITIATION FEES	$1,177,910

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$7.5M

▼ $262K paid down

Net land, buildings & equipment

$13.5M

book value, net of depreciation

Facility age

69%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

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	$161,408
Occupancy	$568,864
Depreciation & depletion	$1,457,739
Information technology	$14,257
Office expenses	$222,479
Legal fees	$7,639
Accounting fees	$23,500
Other professional fees	$207,301

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

MARIETTA COUNTRY CLUB, INC. 401(K) PROFIT SHARING PLAN

pension · 304 participants · FY2024

MARIETTA COUNTRY CLUB, INC. GROUP MEDICAL PLAN (502)

welfare · 61 participants · FY2024

Service provider	Paid
Capstone Hire Benefits Consulting L	$28,320
The Benecon Group	$14,044
Meritain Health, An Aetna Company	$8,010

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.

MFounded in 1946, Marietta Country Club Inc reported $14.94M of revenue for FY23, at an operating margin of 11.7%. Revenue moved up 6.9% 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.

Source documents

▸ Form 990, FY2023 · period ending Thu Aug 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2022 · period ending Wed Aug 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2021 · period ending Tue Aug 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

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