MIDL501(c)(7) · MEDIUMNAICS 713910EIN 75-0436942

Midland Country Club

Midland, TX · founded 1934
14 filings on recordFY 20102023medium confidence
FY23 Total Revenue
$15.61M
▼ 2.3% YoY
FY23 Total Expenses
$14.06M
▲ 6.6% YoY
Operating Margin
9.9%
revenue minus expenses ÷ revenue
Employees
235
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$15.6M
▲ 24.1% / 5y
12.611.613.316.015.6
Expenses
$14.1M
▲ 26.0% / 5y
11.210.911.013.214.1
Total Assets
$29.1M
▲ 27.0% / 5y
22.922.924.828.229.1
Total Liabilities
$6.2M
▼ 16.5% / 5y
7.46.76.26.86.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$12.6M$11.6M$13.3M$16.0M$15.6M+24.1%
Expenses$11.2M$10.9M$11.0M$13.2M$14.1M+26.0%
Net surplus$1.4M$723K$2.3M$2.8M$1.5M+9.7%
Total assets$22.9M$22.9M$24.8M$28.2M$29.1M+27.0%
Total liabilities$7.4M$6.7M$6.2M$6.8M$6.2M-16.5%
Net assets$15.5M$16.3M$18.6M$21.4M$22.9M+47.8%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
EVAN JOHANSEN
GENERAL MANAGER/COO· 40h/wk
$355,163$23,374
THOMAS BROWN
Golf Course Superintendent· 40h/wk
$205,780$15,531
MICHAEL DOTY
Director of Racquets· 40h/wk
$204,384$21,790
EVAN DUNKERSON
Head Golf Professional· 40h/wk
$190,766$15,225
CHRIS COOK
CLUBHOUSE MANAGER· 40h/wk
$181,064$5,424
JENNI RIVAS
Membership Director· 40h/wk
$160,777$16,613

+ 12 unpaid officers/directors as reported (BRETT DOUGLAS, BRUCE SHARP, CHRIS BOEHLER, +9 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$10,259,718
CLUB & CART RENTALS$402,213
GREEN FEES$356,810
LOCKER RENTALS$75,913
SWIMMING GUEST FEES/COURT FEES$29,093

MFounded in 1934, Midland Country Club reported $15.61M of revenue for FY23, at an operating margin of 9.9%. Revenue moved down 2.3% 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)
+ 11 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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