VBER501(c)(7) · MEDIUMNAICS 713910EIN 59-0687396

Vero Beach Country Club Inc

Vero Beach, FL · founded 1941
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$6.72M
▲ 4.9% YoY
FY23 Total Expenses
$7.51M
▲ 5.3% YoY
Operating Margin
-11.8%
revenue minus expenses ÷ revenue
Employees
130
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$6.7M
▲ 13.5% / 5y
5.96.26.26.46.7
Expenses
$7.5M
▲ 33.6% / 5y
5.65.46.57.17.5
Total Assets
$12.0M
▲ 35.6% / 5y
8.911.311.611.412.0
Total Liabilities
$1.7M
▲ 9.0% / 5y
1.63.22.31.51.7

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$5.9M$6.2M$6.2M$6.4M$6.7M+13.5%
Expenses$5.6M$5.4M$6.5M$7.1M$7.5M+33.6%
Net surplus$295K$795K-$379K-$732K-$796K-370.1%
Total assets$8.9M$11.3M$11.6M$11.4M$12.0M+35.6%
Total liabilities$1.6M$3.2M$2.3M$1.5M$1.7M+9.0%
Net assets$7.3M$8.1M$9.3M$9.9M$10.3M+41.2%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
TIMOTHY STRALEY
General Manager· 50h/wk
$175,294$31,723
BRUCE MEIER
Executive Chef· 45h/wk
$145,488$13,477
R SHANE WRIGHT
Golf Course Superintendent· 45h/wk
$143,757$30,906
RANDY HEDGECOCK
Head Golf Professional· 50h/wk
$137,276$8,201
JUDY FOLCK
Controller· 45h/wk
$127,440$11,029

+ 11 unpaid officers/directors as reported (BILL LYNCH, DANE ULLIAN, JAMIE ABRAMS, +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 itemAmount
MEMBERSHIP DUES & ASSESSMENTS$4,382,256
CART RENTAL & GREEN FEES$747,545
PRO AM TOURNAMENT$91,620

VFounded in 1941, Vero Beach Country Club Inc reported $6.72M of revenue for FY23, at an operating margin of -11.8%. Revenue moved up 4.9% 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 Tue Oct 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Oct 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sun Oct 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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