AIRI501(c)(7) · MEDIUMNAICS 713910EIN 86-0076993

Arizona Country Club Inc Ingleside Golf Course

Phoenix, AZ · founded 1950
12 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$18.12M
▲ 12.1% YoY
FY23 Total Expenses
$17.88M
▲ 9.2% YoY
Operating Margin
1.4%
revenue minus expenses ÷ revenue
Employees
351
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$18.1M
▲ 22.2% / 5y
14.814.614.616.218.1
Expenses
$17.9M
▲ 30.6% / 5y
13.712.912.916.417.9
Total Assets
$28.4M
▲ 3.0% / 5y
27.529.829.828.528.4
Total Liabilities
$13.8M
▼ 3.8% / 5y
14.317.217.215.013.8

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$14.8M$14.6M$14.6M$16.2M$18.1M+22.2%
Expenses$13.7M$12.9M$12.9M$16.4M$17.9M+30.6%
Net surplus$1.1M$1.7M$1.7M-$204K$247K-78.4%
Total assets$27.5M$29.8M$29.8M$28.5M$28.4M+3.0%
Total liabilities$14.3M$17.2M$17.2M$15.0M$13.8M-3.8%
Net assets$13.2M$12.7M$12.7M$13.5M$14.6M+10.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
KIRBY PUTT
DIRECTOR OF AGRONOMY· 45h/wk
$212,753$9,200
NIGEL SPENCE
Director of Golf· 45h/wk
$196,621$10,600
HEIMO BRANDSTATTER
ASSISTANT GEN. MGR. AS OF 10/1/22· 45h/wk
$154,794$9,618
PAUL O'CONNOR
EXECUTIVE CHEF THRU 1/15/23· 45h/wk
$137,541$7,700
PARRISH DESI SPEH
FORMER COO/GENERAL MANAGER· 45h/wk
$109,147$6,900
RYAN OLDROYD
Chief Financial Officer· 45h/wk
$101,383$2,000
WILLIAM JAMES BELITZ
COO/GEN MGR. AS OF 10/1/22· 45h/wk
$68,554

+ 10 unpaid officers/directors as reported (BRIAN SCOTT, CHUCK HEIMERDINGER, GEOFF JENKINS, +7 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
PARADISE VALLEY PROPERTY MAINTENANCE
SCOTTSDALE, AZ
PROPERTY MAINTENANCE$290,220
JR CLEANING SERVICES LLC
PHOENIX, AZ
JANITORIAL SERVICES$270,350

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$11,040,863
GOLF OPERATIONS$1,755,354
OTHER SPORT ACTIVITIES$984,786
INITIATION FEES$713,734
SPA REVENUE$400,142

AFounded in 1950, Arizona Country Club Inc Ingleside Golf Course reported $18.12M of revenue for FY23, at an operating margin of 1.4%. Revenue moved up 12.1% 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 Mon Jul 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sun Jul 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sat Jul 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 9 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
live feed
The Quarterly · delivered free

Read the filings
before the board does.

Every new 990, every shift in the compensation bands, every notable year-over-year swing — compiled into one briefing each edition, for the people who actually run these clubs.

4,200+
GMs · controllers · board members
4×
a year · never more
Subscribe
Quarterly only · no spam · unsubscribe in one click

“I read it before our finance committee meets.”
— GM, top-50 club

Privacy PolicyDisclaimerMethodology© 2026 Country Club Intel
The Quarterly · free
The filings, the comp, the movers — four times a year.
Quarterly only · no spam · unsubscribe in one click