LARE501(c)(7) · MEDIUMNAICS 713910EIN 74-2176497

Laredo Country Club Inc

Laredo, TX · founded 1982
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$9.15M
▲ 14.6% YoY
FY23 Total Expenses
$10.13M
▲ 15.7% YoY
Operating Margin
-10.8%
revenue minus expenses ÷ revenue
Employees
229
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$9.1M
▲ 57.5% / 5y
5.84.95.68.09.1
Expenses
$10.1M
▲ 69.4% / 5y
6.05.96.58.810.1
Total Assets
$17.4M
▲ 14.9% / 5y
15.216.016.016.017.4
Total Liabilities
$7.0M
▲ 67.2% / 5y
4.25.75.95.77.0

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$5.8M$4.9M$5.6M$8.0M$9.1M+57.5%
Expenses$6.0M$5.9M$6.5M$8.8M$10.1M+69.4%
Net surplus-$171K-$1.0M-$897K-$769K-$984K+474.6%
Total assets$15.2M$16.0M$16.0M$16.0M$17.4M+14.9%
Total liabilities$4.2M$5.7M$5.9M$5.7M$7.0M+67.2%
Net assets$11.0M$10.3M$10.1M$10.3M$10.5M-4.9%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
CLEDSON CARVALHO
ASSISTANT TE
$167,479
MIKE WELNETZ
HEAD TENNIS
$162,929
MICHAEL E MAINHART
GENERAL MANA
$160,001
MATEUS CAMPOS
ASSISTANT TE
$141,150
MIGUEL RIOJAS
FOOD/BEVERAG
$108,489

+ 17 unpaid officers/directors as reported (ADRIANA MADDOX, ALICE BRITTINGHAM WERSTAK, ANNAIS RICHER, +14 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
SYSCO CORPORATION
HOUSTON, TX
SERVICES$667,143
PEOPLE'S BUSINESS SOLUTIONS LLC
LAREDO, TX
STAFFING$276,944
J ESCOTO PROPERTY TAX CONSULTANTS
LAREDO, TX
PROF SERVICE$117,883

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES & ASSESSM$4,374,837

LFounded in 1982, Laredo Country Club Inc reported $9.15M of revenue for FY23, at an operating margin of -10.8%. Revenue moved up 14.6% 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 Jun 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Thu Jun 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Wed Jun 30 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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