GLEN501(c)(7) · MEDIUMNAICS 713910EIN 91-0234910

Glendale Country Club

Bellevue, WA · founded 1946
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$7.75M
▲ 15.1% YoY
FY23 Total Expenses
$7.56M
▲ 11.2% YoY
Operating Margin
2.5%
revenue minus expenses ÷ revenue
Employees
136
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$7.8M
▲ 32.2% / 5y
5.95.66.56.77.8
Expenses
$7.6M
▲ 31.6% / 5y
5.75.35.96.87.6
Total Assets
$11.5M
▲ 18.1% / 5y
9.710.311.011.211.5
Total Liabilities
$1.2M
▲ 43.7% / 5y
8538369111.11.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$5.9M$5.6M$6.5M$6.7M$7.8M+32.2%
Expenses$5.7M$5.3M$5.9M$6.8M$7.6M+31.6%
Net surplus$121K$325K$601K-$63K$192K+58.7%
Total assets$9.7M$10.3M$11.0M$11.2M$11.5M+18.1%
Total liabilities$853K$836K$911K$1.1M$1.2M+43.7%
Net assets$8.9M$9.5M$10.1M$10.0M$10.2M+15.6%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
Clint Whitney
General Manager· 40h/wk
$244,087$28,470
Steve Kealy
Greens Superintend· 40h/wk
$190,151$21,582
Michael Montgomery
Head Golf Professional· 40h/wk
$144,244$6,360
Michael Salgado
Executive Chef· 40h/wk
$130,322$20,606

+ 11 unpaid officers/directors as reported (ANAND VADAPALLI, Cindy Lohmann, Dan Hay, +8 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 & Assessments$5,906,677
Green Fees$377,335
Cart Revenue/cart storage$139,970
Pro service fee$75,140
Cart path access fee$8,220

GFounded in 1946, Glendale Country Club reported $7.75M of revenue for FY23, at an operating margin of 2.5%. Revenue moved up 15.1% 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 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)
+ 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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