DAEL501(c)(7) · MEDIUMNAICS 713910EIN 59-1856831

Del Aire Country Club Inc

Delray Beach, FL · founded 1980
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$14.71M
▲ 7.1% YoY
FY23 Total Expenses
$16.95M
▲ 14.7% YoY
Operating Margin
-15.2%
revenue minus expenses ÷ revenue
Employees
472
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$14.7M
▲ 39.1% / 5y
10.610.710.713.714.7
Expenses
$16.9M
▲ 35.5% / 5y
12.512.712.714.816.9
Total Assets
$0
▼ 100.0% / 5y
18.720.520.524.50
Total Liabilities
$0
▼ 100.0% / 5y
8.97.57.58.60

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$10.6M$10.7M$10.7M$13.7M$14.7M+39.1%
Expenses$12.5M$12.7M$12.7M$14.8M$16.9M+35.5%
Net surplus-$1.9M-$1.9M-$1.9M-$1.0M-$2.2M+16.0%
Total assets$18.7M$20.5M$20.5M$24.5M$0-100.0%
Total liabilities$8.9M$7.5M$7.5M$8.6M$0-100.0%
Net assets$9.8M$13.0M$13.0M$15.9M$0-100.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
ROBIN BLANKHORST
GENERAL MANAGER/COO· 52.5h/wk
$407,499$31,471
BRIAN BOWLES
Golf Course Superintendent· 57.5h/wk
$193,890$10,702
GLENN MATUSIK
Executive Chef· 57.5h/wk
$193,680$30,785
FERNANDO SANCHEZ ELIAS
Chief Financial Officer· 42.5h/wk
$166,102$22,355
ANDREW THORNTON
CLUBHOUSE MANAGER· 57.5h/wk
$152,653$22,680
PAUL CRESPO
Director of Golf· 57.5h/wk
$145,795$25,523
TRACY KRAKOWSKI
MAINT DIRECTOR· 57.5h/wk
$107,594$9,417

+ 11 unpaid officers/directors as reported (ANDY LAZAR, BENNETT MARKS, DAVID KAPLAN, +8 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
M&P SERVICES
DELRAY BEACH, FL
LANDSCAPING$846,085
LRS TENNIS
DELRAY BEACH, FL
TENNIS PRO$282,518

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBER DUES$13,303,775
GREENS AND CART FEES$161,034
LOCKER RENTAL FEES$39,750

DFounded in 1980, Del Aire Country Club Inc reported $14.71M of revenue for FY23, at an operating margin of -15.2%. Revenue moved up 7.1% 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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