Club Index›FL›TIMU

MoreRankings The Ledger Methodpublic IRS Form 990 records

The Annual Register

Country Club Intel

The Annual Register

Country Club Intel

Data from public IRS Form 990 · ProPublica Nonprofit Explorer

TIMU501(c)(7) · MEDIUMNAICS 713910EIN 59-0482540

Timuquana Country Club

Jacksonville, FL · founded 1926

13 filings on recordFY 2011–2023medium confidence

Compare to peers →

FY23 Total Revenue

$19.29M

▲ 16.9% YoY

FY23 Total Expenses

$15.49M

▲ 20.1% YoY

Operating Margin

19.7%

revenue minus expenses ÷ revenue

Employees

274

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$19.3M

▲ 88.5% / 5y

Expenses

$15.5M

▲ 57.6% / 5y

Total Assets

$30.5M

▲ 110.3% / 5y

Total Liabilities

$4.4M

▼ 62.8% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$10.2M	$14.9M	$14.9M	$16.5M	$19.3M	+88.5%
Expenses	$9.8M	$12.1M	$12.1M	$12.9M	$15.5M	+57.6%
Net surplus	$404K	$2.8M	$2.8M	$3.6M	$3.8M	+839.5%
Total assets	$14.5M	$21.3M	$21.3M	$25.6M	$30.5M	+110.3%
Total liabilities	$11.9M	$8.5M	$8.5M	$8.9M	$4.4M	-62.8%
Net assets	$2.6M	$12.8M	$12.8M	$16.8M	$26.0M	+916.0%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
GREG SHEARA GENERAL MANA· 45h/wk	$258,837	—
ALAN BROWN DIR OF COURS· 45h/wk	$244,308	—
JOSEPH MATTINGLY DIRECTOR OF· 45h/wk	$233,862	—
WILLIAM TESSIN DIRECTOR OF· 45h/wk	$192,643	—
MATTHEW HARRINGTON DIRECTOR OF· 45h/wk	$162,706	—
WALTER BARTMAN DIR. OF RECR· 45h/wk	$157,286	—
BARBARA PACELLA Controller· 45h/wk	$145,154	—

+ 10 unpaid officers/directors as reported (CELESTE GREEN, ERIC MANN, GEORGE EGAN, +7 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	$6,473,296
GOLF FEES	$1,216,609
TENNIS FEES	$551,431
GOLF FEES	$335,462
TOURNAMENT	$243,362

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$1.2M

▼ $559K paid down

Net land, buildings & equipment

$20.2M

book value, net of depreciation

Facility age

43%

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	$323,054
Depreciation & depletion	$2,447,852
Other professional fees	$16,129

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

TIMUQUANA COUNTRY CLUB 401(K) PLAN (001)

pension · 50 participants · $854K assets · FY2024

TIMUQUANA COUNTRY CLUB 401(K) PLAN (002)

pension · 60 participants · $2.1M assets · FY2024

TIMUQUANA COUNTRY CLUB WELFARE BENEFITS PLAN

welfare · 130 participants · 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.

TFounded in 1926, Timuquana Country Club reported $19.29M of revenue for FY23, at an operating margin of 19.7%. Revenue moved up 16.9% 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 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

The Quarterly · free