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

Indian Creek Country Club

Ind Crk Vlg, FL · founded 1963
13 filings on recordFY 20112023medium confidence
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
9.88.78.76.910.9
Expenses
$15.5M
▲ 39.9% / 5y
11.110.710.711.815.5
Total Assets
$39.6M
▲ 67.8% / 5y
23.627.427.435.039.6
Total Liabilities
$14.6M
▲ 46.5% / 5y
9.911.211.214.814.6

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ 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 · EmployeeReportableOther
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
VendorServicePaid
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 itemAmount
MEMBER DUES$8,586,289
GOLF AND RELATED$533,593
LOCKER ROOMS$157,202
TENNIS AND POOL$38,909

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)
+ 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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