INTE501(c)(7) · MEDIUMNAICS 713910EIN 59-2256487

Interlachen Country Club Inc

Winter Park, FL · founded 1984
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$14.59M
▲ 6.6% YoY
FY23 Total Expenses
$15.95M
▲ 6.4% YoY
Operating Margin
-9.3%
revenue minus expenses ÷ revenue
Employees
317
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$14.6M
▲ 31.7% / 5y
11.112.912.913.714.6
Expenses
$15.9M
▲ 25.5% / 5y
12.713.313.315.015.9
Total Assets
$25.8M
▼ 5.7% / 5y
27.429.929.930.125.8
Total Liabilities
$8.2M
▼ 41.0% / 5y
13.913.513.513.18.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$11.1M$12.9M$12.9M$13.7M$14.6M+31.7%
Expenses$12.7M$13.3M$13.3M$15.0M$15.9M+25.5%
Net surplus-$1.6M-$398K-$398K-$1.3M-$1.4M-16.8%
Total assets$27.4M$29.9M$29.9M$30.1M$25.8M-5.7%
Total liabilities$13.9M$13.5M$13.5M$13.1M$8.2M-41.0%
Net assets$13.5M$16.5M$16.5M$17.0M$17.6M+30.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
BARRY HERMAN
General Manager· 45h/wk
$553,085$45,379
JEREMY JACK
Director of Racquets· 40h/wk
$341,194$37,584
MICHAEL JAY KENNEDY
Head Golf Professional· 40h/wk
$187,317$22,271
WENDY THOMAS
Director of Finance· 45h/wk
$157,337$25,953
BRYCE GIBSON
GOLF SUPERINTENDENT· 40h/wk
$156,948$20,260
BRENDAN CLARK
ASSTISTANT GENERAL MANAGER· 45h/wk
$146,575$24,895
ROBERT VERZAAL
Head Tennis Professional· 40h/wk
$126,005$11,795

+ 11 unpaid officers/directors as reported (ANNE KELLEY, CHRIS GARDNER, HERBERT MILNER, +8 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
HUMANA MEDICAL PLAN INC
LOUISVILLE, KY
EMPLOYEE HEALTH INSURANCE$638,162
DUKE ENERGY
LONGWOOD, FL
ELECTRICAL SERVICES$391,339
PETER BUILT FENCE
SUMMERFIELD, FL
FENCING CONTRACTOR$390,900
HUB INTERNATIONAL
WINTER PARK, FL
GENERAL BUSINESS INSURANCE$308,002
FISHER KOPPENHAFER PA
JACKSONVILLE, FL
ARCHITECTURE & INTERIOR DESIGN$247,033

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBER DUES$9,781,955
GOLF & RELATED$1,162,046
TENNIS FEES$863,597
TOURNAMENTS$230,730
FITNESS & SWIMMING$126,591

IFounded in 1984, Interlachen Country Club Inc reported $14.59M of revenue for FY23, at an operating margin of -9.3%. Revenue moved up 6.6% 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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