OMLD501(c)(7) · MEDIUMNAICS 713910EIN 59-2746012

Old Marsh Golf Club Inc

West Palm Bch, FL · founded 2008
12 filings on recordFY 20112022medium confidence
FY22 Total Revenue
$7.35M
▲ 9.5% YoY
FY22 Total Expenses
$8.80M
▲ 10.4% YoY
Operating Margin
-19.7%
revenue minus expenses ÷ revenue
Employees
111
headcount as reported on filing

The Five-Year Picture

FY2018 — FY2022 · as filed
Revenue
$7.4M
▲ 11.6% / 5y
6.66.76.66.77.4
Expenses
$8.8M
▲ 13.1% / 5y
7.87.97.78.08.8
Total Assets
$33.6M
▲ 8.1% / 5y
31.029.930.532.233.6
Total Liabilities
$7.7M
▼ 19.3% / 5y
9.67.77.57.47.7

Year-on-year detail

from IRS Form 990
LineFY18FY19FY20FY21FY22Δ total
Revenue$6.6M$6.7M$6.6M$6.7M$7.4M+11.6%
Expenses$7.8M$7.9M$7.7M$8.0M$8.8M+13.1%
Net surplus-$1.2M-$1.2M-$1.1M-$1.3M-$1.4M+21.1%
Total assets$31.0M$29.9M$30.5M$32.2M$33.6M+8.1%
Total liabilities$9.6M$7.7M$7.5M$7.4M$7.7M-19.3%
Net assets$21.5M$22.3M$23.0M$24.8M$25.8M+20.3%

Officer & staff compensation

FY22 · from IRS Form 990
Officer · EmployeeReportableOther
MICHAEL MENERY
General Manager· 55h/wk
$325,370$6,812
TOM DYER
DIRECTOR OF INSTRUCTION· 55h/wk
$240,809$6,320
BRIAN BOUSHIE
Director of Golf· 55h/wk
$189,228$3,902
SPENCER COX
Golf Course Superintendent· 55h/wk
$154,669$3,902
JACQUELINE MOORE
Controller· 45h/wk
$125,102$5,127
MICHAEL CIMBREC
Executive Chef· 55h/wk
$108,487$4,917

+ 7 unpaid officers/directors as reported (ANTHONY SERRO, CHARLES TRUNZ, DALE CLIFT, +4 more)

Top contractors

FY22 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY22 · dues, greens fees, dining, and other sources
Line itemAmount
GOLF GREEN & CART FEES$915,163

OFounded in 2008, Old Marsh Golf Club Inc reported $7.35M of revenue for FY22, at an operating margin of -19.7%. Revenue moved up 9.5% 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, 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)
Form 990, FY2020 · period ending Thu Dec 31 2020 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 9 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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