RAIN501(c)(7) · MEDIUMNAICS 713910EIN 91-0378650
Rainier Golf And Country Club
Seattle, WA · founded 1951
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$7.08M
▲ 36.3% YoY
FY23 Total Expenses
$5.78M
▲ 14.1% YoY
Operating Margin
18.3%
revenue minus expenses ÷ revenue
Employees
135
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$7.1M
▲ 59.7% / 5y
Expenses
$5.8M
▲ 30.7% / 5y
Total Assets
$12.1M
▲ 134.8% / 5y
Total Liabilities
$2.4M
▲ 332.6% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $4.4M | $4.4M | $4.4M | $5.2M | $7.1M | +59.7% |
| Expenses | $4.4M | $4.5M | $4.5M | $5.1M | $5.8M | +30.7% |
| Net surplus | $10K | -$70K | -$70K | $124K | $1.3M | +13509.4% |
| Total assets | $5.2M | $8.0M | $8.0M | $10.7M | $12.1M | +134.8% |
| Total liabilities | $555K | $574K | $574K | $2.4M | $2.4M | +332.6% |
| Net assets | $4.6M | $7.4M | $7.4M | $8.3M | $9.7M | +111.0% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
JAMIESON PITRE GENERAL MANA· 40h/wk | $154,661 | $20,113 |
RICHARD CASSENS HEAD SUPERIN· 40h/wk | $128,332 | $4,629 |
MATT BRANSCUM EXECUTIVE CH· 40h/wk | $102,433 | $4,129 |
AUDREY PITRE Controller· 40h/wk | $100,745 | $3,456 |
+ 9 unpaid officers/directors as reported (BRIAN MANDELL-RICE, CHRIS GUISE, DAN KULLY, +6 more)
Top contractors
FY23 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $5,361,220 |
| GREEN FEES AND LESSONS | $455,312 |
| CART RENTAL INCOME | $144,447 |
| GREEN FEES - NON-MEMBER | $93,750 |
| LOCKER AND CLUB RENTAL | $62,237 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$1.2M
▼ $415K paid down
Net land, buildings & equipment
$8.3M
book value, net of depreciation
Facility age
50%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $59,440 |
| Depreciation & depletion | $547,521 |
| Information technology | $12,518 |
| Office expenses | $47,433 |
RFounded in 1951, Rainier Golf And Country Club reported $7.08M of revenue for FY23, at an operating margin of 18.3%. Revenue moved up 36.3% 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
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