COUN501(c)(7) · MEDIUMNAICS 713910EIN 87-0126150

Country Club

Slc, UT · founded 1943
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$6.63M
▲ 20.0% YoY
FY23 Total Expenses
$7.08M
▲ 21.8% YoY
Operating Margin
-6.8%
revenue minus expenses ÷ revenue
Employees
221
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$6.6M
▲ 43.0% / 5y
4.65.85.85.56.6
Expenses
$7.1M
▲ 49.4% / 5y
4.74.94.95.87.1
Total Assets
$18.3M
▲ 32.8% / 5y
13.814.314.317.818.3
Total Liabilities
$6.5M
▲ 88.1% / 5y
3.43.03.06.36.5

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$4.6M$5.8M$5.8M$5.5M$6.6M+43.0%
Expenses$4.7M$4.9M$4.9M$5.8M$7.1M+49.4%
Net surplus-$104K$942K$942K-$289K-$452K+334.9%
Total assets$13.8M$14.3M$14.3M$17.8M$18.3M+32.8%
Total liabilities$3.4M$3.0M$3.0M$6.3M$6.5M+88.1%
Net assets$10.3M$11.3M$11.3M$11.5M$11.8M+14.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
ERIC GIFFORD
GROUNDS SUPER· 45h/wk
$280,177
BILL BLACKETT
Head Golf Professional· 40h/wk
$141,830
GUY WOZNIAK
Executive Chef· 45h/wk
$121,624

+ 9 unpaid officers/directors as reported (CHRIS GOSE, DOUG SMITH, JOHN MILLER, +6 more)

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
end of year
Net land, buildings & equipment
$14.6M
book value, net of depreciation
Facility age
55%
accumulated depreciation ÷ cost — higher = older plant

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
Insurance$533,269
Depreciation & depletion$1,150,502
Accounting fees$101,690

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.

CFounded in 1943, Country Club reported $6.63M of revenue for FY23, at an operating margin of -6.8%. Revenue moved up 20.0% 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 Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 30 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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