META501(c)(7) · MEDIUMNAICS 713910EIN 72-0366297

Metairie Country Club

Metairie, LA · founded 1946
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$14.85M
▲ 28.4% YoY
FY23 Total Expenses
$13.02M
▲ 12.1% YoY
Operating Margin
12.4%
revenue minus expenses ÷ revenue
Employees
229
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$14.9M
▲ 78.6% / 5y
8.39.99.911.614.9
Expenses
$13.0M
▲ 52.2% / 5y
8.69.69.611.613.0
Total Assets
$34.4M
▲ 70.6% / 5y
20.131.031.032.634.4
Total Liabilities
$25.2M
▲ 94.2% / 5y
13.023.623.625.325.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$8.3M$9.9M$9.9M$11.6M$14.9M+78.6%
Expenses$8.6M$9.6M$9.6M$11.6M$13.0M+52.2%
Net surplus-$237K$372K$372K-$42K$1.8M-875.0%
Total assets$20.1M$31.0M$31.0M$32.6M$34.4M+70.6%
Total liabilities$13.0M$23.6M$23.6M$25.3M$25.2M+94.2%
Net assets$7.2M$7.4M$7.4M$7.3M$9.2M+28.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
SHANNON RICHARD
General Manager· 40h/wk
$185,035$5,154
BRANDON STOOKSBURY
Head Golf Professional· 40h/wk
$141,685$4,730
BOBBY JOHNS
Chief Financial Officer· 40h/wk
$126,929$1,168
JOHN FLANAGAN
Executive Chef· 40h/wk
$120,383$4,030
ANDREW STREET
DIRECTOR OF AGRONOMY· 40h/wk
$108,156$3,672

+ 12 unpaid officers/directors as reported (BRADLEY R REESE, BRIAN ROTOLO, CHRIS LAICHE, +9 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
Ramelli Janitorial
NEW ORLEANS, LA
Management services$861,743
Mcc 10s
METAIRIE, LA
Pool & racquet$365,632
Quality Court Industries LLC
BATON ROUGE, LA
Construction & renovation$286,000
DBA Gibbens Dupuy Decoration
METAIRIE, LA
Construction & renovation$252,289
Df Construction Services LLC
CHALMETTE, LA
Construction & renovation$232,489

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
GOLF OPERATIONS$850,919
TENNIS, SWIMMING, FITNESS$204,486

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$22.9M
$666K paid down
Net land, buildings & equipment
$26.4M
book value, net of depreciation
Facility age
34%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$5.9M$11.8M$17.7M$23.6MFY20 · $21.9MFY20FY21 · $21.9MFY21FY22 · $23.6MFY22FY23 · $22.9MFY23

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX
Occupancy$880,398
Depreciation & depletion$1,750,553
Advertising & promotion$79,644
Office expenses$12,726
Accounting fees$51,791
Other professional fees$13,272

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors
METAIRIE COUNTRY CLUB EMPLOYEES' 401(K) PLAN
pension · 156 participants · $1.7M assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

MFounded in 1946, Metairie Country Club reported $14.85M of revenue for FY23, at an operating margin of 12.4%. Revenue moved up 28.4% 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
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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