GIRE501(c)(7) · MEDIUMNAICS 713910EIN 58-1608567
Green Island Country Club Inc
Columbus, GA · founded 1986
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$8.17M
▼ 1.4% YoY
FY23 Total Expenses
$7.52M
▲ 4.7% YoY
Operating Margin
7.9%
revenue minus expenses ÷ revenue
Employees
229
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$8.2M
▲ 18.4% / 5y
Expenses
$7.5M
▲ 10.9% / 5y
Total Assets
$10.0M
▲ 34.7% / 5y
Total Liabilities
$8.4M
▲ 3.4% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $6.9M | $6.7M | $6.7M | $8.3M | $8.2M | +18.4% |
| Expenses | $6.8M | $6.1M | $6.1M | $7.2M | $7.5M | +10.9% |
| Net surplus | $113K | $545K | $545K | $1.1M | $647K | +473.3% |
| Total assets | $7.4M | $9.5M | $9.5M | $9.5M | $10.0M | +34.7% |
| Total liabilities | $8.1M | $9.5M | $9.5M | $8.5M | $8.4M | +3.4% |
| Net assets | -$728K | $16K | $16K | $1.0M | $1.6M | -315.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
Susan Schenkel General Manager· 40h/wk | $180,401 | — |
+ 12 unpaid officers/directors as reported (Bill Turner, Boo Miller, Brett Helton, +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 |
|---|---|
| Membership dues and assessments | $4,537,300 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$5.6M
▼ $35K paid down
Net land, buildings & equipment
$7.5M
book value, net of depreciation
Facility age
59%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $211,171 |
| Occupancy | $390,801 |
| Depreciation & depletion | $673,039 |
| Legal fees | $1,045 |
| Accounting fees | $31,302 |
GFounded in 1986, Green Island Country Club Inc reported $8.17M of revenue for FY23, at an operating margin of 7.9%. Revenue moved down 1.4% 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
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