LAKE501(c)(7) · MEDIUMNAICS 713910EIN 74-1170526

Lakeside Country Club

Houston, TX · founded 1957
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$18.40M
▼ 3.1% YoY
FY23 Total Expenses
$25.57M
▲ 6.3% YoY
Operating Margin
-39.0%
revenue minus expenses ÷ revenue
Employees
382
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$18.4M
▼ 23.0% / 5y
23.918.918.919.018.4
Expenses
$25.6M
▲ 92.0% / 5y
13.323.523.524.125.6
Total Assets
$82.8M
▲ 52.4% / 5y
54.369.269.271.482.8
Total Liabilities
$46.9M
▲ 87.1% / 5y
25.139.539.539.846.9

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$23.9M$18.9M$18.9M$19.0M$18.4M-23.0%
Expenses$13.3M$23.5M$23.5M$24.1M$25.6M+92.0%
Net surplus$10.6M-$4.6M-$4.6M-$5.1M-$7.2M-167.8%
Total assets$54.3M$69.2M$69.2M$71.4M$82.8M+52.4%
Total liabilities$25.1M$39.5M$39.5M$39.8M$46.9M+87.1%
Net assets$29.3M$29.7M$29.7M$31.7M$35.9M+22.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
CW CANFIELD
Director of Golf· 40h/wk
$364,885$20,097
CASEY NEWMAN
GENERAL MANANGER· 40h/wk
$347,638$7,614
KENNETH MESSIMER
ASST GOLF PRO· 40h/wk
$255,313$15,741
ROBERT GRAHAM
Executive Chef· 40h/wk
$239,165$10,921
MARK TORREY
Chief Financial Officer· 40h/wk
$228,372$15,956
OTIS SADLER
Director of Racquets· 40h/wk
$197,557$7,439
PAUL SMITH
FITNESS DIRECTOR· 40h/wk
$192,779$12,761
CHRISTOPHER ALEXANDER
Director of Golf· 40h/wk
$177,663$1,305

+ 17 unpaid officers/directors as reported (ALAN PATTON, ANDREW SMITH, BRET ALDRIDGE, +14 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
MEMBER DUES & ASSESSMENTS$10,379,526
TENNIS & POOL REVENUES$1,211,125
GOLF REVENUES$490,106
LOCKER RENTALS$360,135
CART & GUEST FEES$65,190

LFounded in 1957, Lakeside Country Club reported $18.40M of revenue for FY23, at an operating margin of -39.0%. Revenue moved down 3.1% 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, FY2023 · period ending Thu Aug 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Wed Aug 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Tue Aug 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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