STAN501(c)(7) · MEDIUMNAICS 713910EIN 61-0349225
Standard Country Club Inc
Louisville, KY · founded 1973
14 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$2.59M
▲ 15.6% YoY
FY23 Total Expenses
$2.26M
▲ 16.6% YoY
Operating Margin
12.8%
revenue minus expenses ÷ revenue
Employees
69
headcount as reported on filing
The Five-Year Picture
FY2020 — FY2023 · as filed
Revenue
$2.6M
▲ 43.9% / 5y
Expenses
$2.3M
▲ 48.2% / 5y
Total Assets
$2.0M
▲ 53.0% / 5y
Total Liabilities
$449K
▼ 0.3% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY20 | FY21 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $1.8M | $1.8M | $1.8M | $2.2M | $2.6M | +43.9% |
| Expenses | $1.5M | $1.5M | $1.5M | $1.9M | $2.3M | +48.2% |
| Net surplus | $276K | $276K | $276K | $303K | $331K | +20.3% |
| Total assets | $1.3M | $1.3M | $1.3M | $1.7M | $2.0M | +53.0% |
| Total liabilities | $450K | $450K | $450K | $485K | $449K | -0.3% |
| Net assets | $885K | $885K | $885K | $1.3M | $1.6M | +80.1% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
MIKE RILEY GM/GOLF PRO· 40h/wk | $181,553 | $24,652 |
AARON DISSELKAMP COURSE SUPER· 40h/wk | $113,983 | $14,208 |
+ 8 unpaid officers/directors as reported (BART GOLDMAN, CHESTER SMITH, CRADY DEGOLIAN, +5 more)
Top contractors
FY23 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| GOLF MEMBERSHIP DUES | $1,654,918 |
| POOL & TENNIS MEMBERSHIP DUES | $284,478 |
| GOLF CARTS-MEMBERS | $261,657 |
| GUEST FEES-MEMBERS | $118,301 |
| SPECIAL EVENTS | $41,735 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$914K
book value, net of depreciation
Facility age
47%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $56,342 |
| Occupancy | $176,499 |
| Depreciation & depletion | $98,115 |
| Information technology | $30,005 |
| Advertising & promotion | $19,986 |
| Office expenses | $12,185 |
| Other professional fees | $291,780 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
STANDARD COUNTRY CLUB CBS BENEFIT PLAN
welfare · 7 participants · $7K assets · FY2024
SFounded in 1973, Standard Country Club Inc reported $2.59M of revenue for FY23, at an operating margin of 12.8%. Revenue moved up 15.6% 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
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