HCUN501(c)(7) · MEDIUMNAICS 713910EIN 61-0725336
Hunting Creek Country Club Inc
Prospect, KY · founded 1972
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$5.37M
▲ 1.3% YoY
FY23 Total Expenses
$5.69M
▲ 5.8% YoY
Operating Margin
-6.1%
revenue minus expenses ÷ revenue
Employees
132
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$5.4M
▲ 33.2% / 5y
Expenses
$5.7M
▲ 77.3% / 5y
Total Assets
$7.9M
▲ 52.0% / 5y
Total Liabilities
$6.2M
▲ 82.4% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $4.0M | $4.7M | $4.7M | $5.3M | $5.4M | +33.2% |
| Expenses | $3.2M | $4.5M | $4.5M | $5.4M | $5.7M | +77.3% |
| Net surplus | $819K | $185K | $185K | -$84K | -$326K | -139.8% |
| Total assets | $5.2M | $7.5M | $7.5M | $7.4M | $7.9M | +52.0% |
| Total liabilities | $3.4M | $5.4M | $5.4M | $5.3M | $6.2M | +82.4% |
| Net assets | $1.8M | $2.1M | $2.1M | $2.1M | $1.7M | -4.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
ZEKE LARSON COO· 40h/wk | $128,147 | $8,629 |
RYAN SANDERS Director of Golf· 40h/wk | $115,253 | $8,569 |
JASON ANBER Golf Course Superintendent· 40h/wk | $114,042 | $8,561 |
+ 9 unpaid officers/directors as reported (BARBARA BITTER, BRIAN ARENDS, BRIAN CLARE, +6 more)
Top contractors
FY23 · vendors paid $100k+ as reported
| Vendor | Service | Paid |
|---|---|---|
| Realm Construction LOUISVILLE, KY | Construction & renovation | $411,819 |
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| CLUB MEMBER DUES | $3,473,214 |
| GOLF CART RENTALS | $372,923 |
| GREENS FEES & OUTINGS | $262,577 |
| GOLF TOURNAMENT INCOME | $204,508 |
| MISCELLANEOUS | $35,096 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$4.7M
▼ $33K paid down
Net land, buildings & equipment
$6.8M
book value, net of depreciation
Facility age
46%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
Professionally managedFY23 · Form 990, Part IX
| Management fees | $150,777 |
| Insurance | $86,206 |
| Occupancy | $350,720 |
| Depreciation & depletion | $858,534 |
| Information technology | $33,111 |
| Advertising & promotion | $4,106 |
| Office expenses | $77,449 |
| Accounting fees | $9,027 |
| Other professional fees | $85,849 |
HFounded in 1972, Hunting Creek Country Club Inc reported $5.37M of revenue for FY23, at an operating margin of -6.1%. Revenue moved up 1.3% 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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