IMPE501(c)(7) · MEDIUMNAICS 713910EIN 59-1425712

Imperial Golf Club Inc

Naples, FL · founded 1987
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$10.19M
▲ 3.4% YoY
FY23 Total Expenses
$11.80M
▲ 7.6% YoY
Operating Margin
-15.8%
revenue minus expenses ÷ revenue
Employees
197
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$10.2M
▲ 27.5% / 5y
8.08.58.59.910.2
Expenses
$11.8M
▲ 30.2% / 5y
9.19.89.811.011.8
Total Assets
$31.3M
▲ 56.7% / 5y
20.026.526.528.831.3
Total Liabilities
$10.9M
▲ 79.1% / 5y
6.19.19.19.510.9

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$8.0M$8.5M$8.5M$9.9M$10.2M+27.5%
Expenses$9.1M$9.8M$9.8M$11.0M$11.8M+30.2%
Net surplus-$1.1M-$1.3M-$1.3M-$1.1M-$1.6M+50.5%
Total assets$20.0M$26.5M$26.5M$28.8M$31.3M+56.7%
Total liabilities$6.1M$9.1M$9.1M$9.5M$10.9M+79.1%
Net assets$13.9M$17.3M$17.3M$19.3M$20.4M+47.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MICHAEL HENDRICKS
Golf Course Superintendent· 40h/wk
$268,665$38,147
JOHN LEE
General Manager· 40h/wk
$255,355$40,331
THOMAS SMITH
Controller· 40h/wk
$180,938$30,442
JEFFREY BOWLES
Executive Chef· 40h/wk
$162,888$27,154
JOSEPH ALLINDER
Head Golf Professional· 40h/wk
$134,345$13,319

+ 9 unpaid officers/directors as reported (DALE MYER, DENNIS DEEB, JOHN BILLINGSLEY, +6 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$6,677,411
CART RENTALS & GREEN FEES$1,914,236
FOOD AND BEVERAGE MINIMUM$32,434

IFounded in 1987, Imperial Golf Club Inc reported $10.19M of revenue for FY23, at an operating margin of -15.8%. Revenue moved up 3.4% 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
Form 990, FY2023 · period ending Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 30 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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