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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

ICND501(c)(7) · MEDIUMNAICS 713910EIN 59-0302870

Indian Creek Country Club

Ind Crk Vlg, FL · founded 1963

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$10.89M

▲ 57.0% YoY

FY23 Total Expenses

$15.46M

▲ 31.2% YoY

Operating Margin

-42.0%

revenue minus expenses ÷ revenue

Employees

146

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$10.9M

▲ 11.5% / 5y

Expenses

$15.5M

▲ 39.9% / 5y

Total Assets

$39.6M

▲ 67.8% / 5y

Total Liabilities

$14.6M

▲ 46.5% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$9.8M	$8.7M	$8.7M	$6.9M	$10.9M	+11.5%
Expenses	$11.1M	$10.7M	$10.7M	$11.8M	$15.5M	+39.9%
Net surplus	-$1.3M	-$2.0M	-$2.0M	-$4.9M	-$4.6M	+255.1%
Total assets	$23.6M	$27.4M	$27.4M	$35.0M	$39.6M	+67.8%
Total liabilities	$9.9M	$11.2M	$11.2M	$14.8M	$14.6M	+46.5%
Net assets	$13.7M	$16.2M	$16.2M	$20.2M	$25.0M	+83.3%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
CLARECE R DEPKIN General Manager· 55h/wk	$349,344	$28,036
JOE COMPITELLO Director of Golf· 55h/wk	$326,456	$37,235
HELEN KARPEL Chief Financial Officer· 55h/wk	$277,674	$28,305
AARON C BARNETT DIRECTOR OF AGRONOMY· 55h/wk	$230,696	$17,011
LUKE LIVINGSTON Executive Chef· 55h/wk	$201,040	$32,746
BRETT HARRIS Golf Course Superintendent· 55h/wk	$171,901	$4,347

+ 15 unpaid officers/directors as reported (BEN F AYCOCK, DAVID P VIEAU, DAVID R PARKER, +12 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
Lucky 24 Transport LLC OKAHUMPKA, FL	FREIGHT HAULING SERVICES	$245,589
Angela'S Flower'S Miami MIAMI, FL	FLORIST	$109,034

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBER DUES	$8,586,289
GOLF AND RELATED	$533,593
LOCKER ROOMS	$157,202
TENNIS AND POOL	$38,909

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

—

end of year

Net land, buildings & equipment

$35.8M

book value, net of depreciation

Facility age

26%

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	$1,269,740
Depreciation & depletion	$1,256,730

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

INDIAN CREEK COUNTRY CLUB 401(K) PLAN

pension · 109 participants · $3.8M 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.

IFounded in 1963, Indian Creek Country Club reported $10.89M of revenue for FY23, at an operating margin of -42.0%. Revenue moved up 57.0% 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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