PNEL501(c)(7) · MEDIUMNAICS 713910EIN 65-0569727

Pelicans Nest Golf Club Inc

Bonita Spgs, FL · founded 2002
12 filings on recordFY 20122023medium confidence
FY23 Total Revenue
$10.37M
▼ 2.0% YoY
FY23 Total Expenses
$12.46M
▲ 9.2% YoY
Operating Margin
-20.2%
revenue minus expenses ÷ revenue
Employees
147
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$10.4M
▲ 23.3% / 5y
8.44.19.210.610.4
Expenses
$12.5M
▲ 25.4% / 5y
9.910.010.911.412.5
Total Assets
$38.2M
▲ 42.5% / 5y
26.830.331.434.038.2
Total Liabilities
$8.7M
▲ 67.0% / 5y
5.211.19.47.68.7

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$8.4M$4.1M$9.2M$10.6M$10.4M+23.3%
Expenses$9.9M$10.0M$10.9M$11.4M$12.5M+25.4%
Net surplus-$1.5M-$5.9M-$1.7M-$834K-$2.1M+36.4%
Total assets$26.8M$30.3M$31.4M$34.0M$38.2M+42.5%
Total liabilities$5.2M$11.1M$9.4M$7.6M$8.7M+67.0%
Net assets$21.6M$19.2M$22.0M$26.4M$29.5M+36.6%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
DAVID GILLESPIE
COO· 40h/wk
$279,742$18,953
JASON ZIMMERMAN
DIRECTOR OF GREENS & GROUN· 40h/wk
$176,932$10,546
TIM MAURAIS
Controller· 40h/wk
$173,280$26,321
DANIEL GAWRONSKI
Director of Golf· 40h/wk
$143,135$7,314
JOE SZLACHETKA
Executive Chef· 40h/wk
$128,381$9,239
CARMINE SPRIO
DIRECTOR OF FOOD & BEVERAG· 40h/wk
$110,509$10,218

+ 9 unpaid officers/directors as reported (ALAN SHEETS, DENNIS BURKE, GARY SCHWANDT, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
BLUE CROSS BLUE SHIELDS OF FLORIDA
DALLAS, TX
HEALTH INSURANCE PROVIDER$458,366
CHENEY BROTHERS INC
PUNTA GORDA, FL
FOOD VENDOR$453,376

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES & ASSESSMENTS$6,783,147
GREEN & GOLF CART FEES$1,881,828
OTHER GOLF REVENUE$249,883
UNUSED FOOD AND BEVERAGE MINIMUM$37,713

PFounded in 2002, Pelicans Nest Golf Club Inc reported $10.37M of revenue for FY23, at an operating margin of -20.2%. Revenue moved down 2.0% 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 Fri Mar 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Thu Mar 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Wed Mar 31 2021 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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