SERR501(c)(7) · MEDIUMNAICS 713910EIN 68-0369494

Serrano Country Club Inc

El Dorado Hls, CA · founded 2009
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$10.33M
▲ 9.0% YoY
FY23 Total Expenses
$11.62M
▲ 15.7% YoY
Operating Margin
-12.5%
revenue minus expenses ÷ revenue
Employees
207
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$10.3M
▲ 28.4% / 5y
8.09.69.69.510.3
Expenses
$11.6M
▲ 44.3% / 5y
8.18.98.910.011.6
Total Assets
$31.0M
▲ 77.8% / 5y
17.518.218.224.231.0
Total Liabilities
$8.4M
▲ 202.5% / 5y
2.82.22.28.68.4

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$8.0M$9.6M$9.6M$9.5M$10.3M+28.4%
Expenses$8.1M$8.9M$8.9M$10.0M$11.6M+44.3%
Net surplus-$11K$722K$722K-$564K-$1.3M+11572.2%
Total assets$17.5M$18.2M$18.2M$24.2M$31.0M+77.8%
Total liabilities$2.8M$2.2M$2.2M$8.6M$8.4M+202.5%
Net assets$14.7M$16.0M$16.0M$15.7M$22.6M+54.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JOSH RUMSEY
COO· 40h/wk
$396,420$23,491
MICHELLE DICKMAN
FITNESS DIRECTOR· 40h/wk
$198,170$31,634
STEVEN FACKLER
Golf Course Superintendent· 40h/wk
$129,645$15,742
JENNIFER GALLISATUS
CATERING/EVENTS MGR· 40h/wk
$112,835$28,149

+ 9 unpaid officers/directors as reported (BOB MARSEILLES, DIANE ROSS, GREG DURANTE, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$7,031,162
GOLF AND OTHER$1,048,013
INITIATION FEES$548,625
CAPITAL DUES$434,714
LOCKER ROOM$61,618

SFounded in 2009, Serrano Country Club Inc reported $10.33M of revenue for FY23, at an operating margin of -12.5%. Revenue moved up 9.0% 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 Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
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)
+ 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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