VNEN501(c)(7) · MEDIUMNAICS 713910EIN 65-0223681

Venice Golf And Country Club No 1 Inc

Venice, FL · founded 1999
12 filings on recordFY 20112022medium confidence
FY22 Total Revenue
$6.43M
▲ 10.1% YoY
FY22 Total Expenses
$8.35M
▲ 31.6% YoY
Operating Margin
-29.8%
revenue minus expenses ÷ revenue
Employees
136
headcount as reported on filing

The Five-Year Picture

FY2018 — FY2022 · as filed
Revenue
$6.4M
▲ 23.5% / 5y
5.25.55.85.86.4
Expenses
$8.3M
▲ 35.9% / 5y
6.16.46.36.38.3
Total Assets
$21.0M
▲ 64.4% / 5y
12.817.820.720.721.0
Total Liabilities
$3.5M
▲ 70.1% / 5y
2.11.22.92.93.5

Year-on-year detail

from IRS Form 990
LineFY18FY19FY20FY21FY22Δ total
Revenue$5.2M$5.5M$5.8M$5.8M$6.4M+23.5%
Expenses$6.1M$6.4M$6.3M$6.3M$8.3M+35.9%
Net surplus-$936K-$934K-$501K-$501K-$1.9M+105.0%
Total assets$12.8M$17.8M$20.7M$20.7M$21.0M+64.4%
Total liabilities$2.1M$1.2M$2.9M$2.9M$3.5M+70.1%
Net assets$10.7M$16.6M$17.8M$17.8M$17.5M+63.3%

Officer & staff compensation

FY22 · from IRS Form 990
Officer · EmployeeReportableOther
JIM SCHELL
General Manager· 40h/wk
$301,802$18,052
NICHOLAS KEARNS
EMPLOYEE· 40h/wk
$169,808$21,870
RUTHANNE SKOWRONSKI
Chief Financial Officer· 40h/wk
$134,678$16,377
MICHAEL PASILLA
EMPLOYEE· 40h/wk
$121,917$22,277

+ 9 unpaid officers/directors as reported (ANDREA CAMPBELL, CHARLIE FITZPATRICK, CHRISTINE MADIGAN, +6 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
MEMBERSHIP DUES$3,490,959
GOLF REVENUE$760,700

VFounded in 1999, Venice Golf And Country Club No 1 Inc reported $6.43M of revenue for FY22, at an operating margin of -29.8%. Revenue moved up 10.1% 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, 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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