LOUI501(c)(7) · MEDIUMNAICS 713910EIN 61-0263930

Louisville Country Club

Louisville, KY · founded 1935
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$8.43M
▲ 46.1% YoY
FY23 Total Expenses
$6.61M
▲ 12.4% YoY
Operating Margin
21.6%
revenue minus expenses ÷ revenue
Employees
215
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$8.4M
▲ 57.3% / 5y
5.45.35.55.88.4
Expenses
$6.6M
▲ 24.0% / 5y
5.35.04.65.96.6
Total Assets
$18.2M
▲ 16.3% / 5y
15.715.716.616.618.2
Total Liabilities
$1.2M
▼ 23.2% / 5y
1.61.31.31.41.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$5.4M$5.3M$5.5M$5.8M$8.4M+57.3%
Expenses$5.3M$5.0M$4.6M$5.9M$6.6M+24.0%
Net surplus$29K$286K$923K-$110K$1.8M+6231.9%
Total assets$15.7M$15.7M$16.6M$16.6M$18.2M+16.3%
Total liabilities$1.6M$1.3M$1.3M$1.4M$1.2M-23.2%
Net assets$14.1M$14.4M$15.3M$15.2M$17.0M+20.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
RYAN RONAN
General Manager· 40h/wk
$226,182$8,225
R ERIC KEHRES
Golf Course Superintendent· 40h/wk
$209,626$9,343
MAGNUS GUSTAFSSON
Head Tennis Professional· 40h/wk
$188,884$8,996
SCOTT SEDGWICK
Head Golf Professional· 40h/wk
$146,336$9,456
JAMES D STAGE
Executive Chef· 40h/wk
$134,897$9,179
STEVE VOIGT
Controller· 40h/wk
$17,377$302

+ 15 unpaid officers/directors as reported (BRIAN A CROMER, CRAIG D GRANT, DOUGLAS H MADISON, +12 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
LOUISVILLE PAVING COMPANY
LOUISVILLE, KY
PAVING SERVICES$981,133
TRIPLE H SERVICES LLC
NEWLAND, NC
GROUND SERVICES$350,727
PHOENIX POOL LLC
LOUISVILLE, KY
POOL SERVICES$299,003
K NORMAN BERRY ASSOCIATES
LOUISVILLE, KY
ARCHITECT SERVICES$124,842

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$5,105,822
GOLF FEES$612,278
INITIATION FEES$563,231
LOCKER FEES$94,548
POOL/SWIM TEAM$17,030

LFounded in 1935, Louisville Country Club reported $8.43M of revenue for FY23, at an operating margin of 21.6%. Revenue moved up 46.1% 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 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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