| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $8.8M | $7.8M | $7.8M | $8.9M | $12.3M | +38.7% |
| Expenses | $9.1M | $9.0M | $9.2M | $10.5M | $14.4M | +57.6% |
| Net surplus | -$290K | -$1.2M | -$1.4M | -$1.5M | -$2.1M | +633.9% |
| Total assets | $22.6M | $25.0M | $29.2M | $38.9M | $45.0M | +99.6% |
| Total liabilities | $5.1M | $3.0M | $3.9M | $12.3M | $17.2M | +236.3% |
| Net assets | $17.4M | $21.9M | $25.3M | $26.6M | $27.8M | +59.5% |
| Officer · Employee | Reportable | Other |
|---|---|---|
BID BAKKAR General Manager· 40h/wk | $307,032 | $31,709 |
MICHAEL SLACK Golf Course Superintendent· 40h/wk | $181,905 | $26,300 |
ANNETTE SCUTERI Controller· 40h/wk | $164,074 | $28,302 |
NINA LANE FITNESS DIRECTOR· 40h/wk | $111,658 | $18,679 |
LOREN COGSWELL Executive Chef· 40h/wk | $102,303 | $29,855 |
+ 9 unpaid officers/directors as reported (DONNA GLANZMAN, GERARD SHANNON, HARRY RUBASH, +6 more)
No contractors reported.
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $6,734,711 |
| HURRICANE IAN ASSESSMENTS | $2,209,400 |
| GREENS AND CART RENTAL FEES | $1,028,751 |
| JOINING FEES | $506,000 |
| TENNIS AND FITNESS REVENUES | $91,250 |
IFounded in 1987, Island Country Club Inc reported $12.26M of revenue for FY23, at an operating margin of -17.4%. Revenue moved up 37.1% 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.