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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

SPAN501(c)(7) · MEDIUMNAICS 713910EIN 91-0397491

Sand Point Country Club Inc

Seattle, WA · founded 1940

13 filings on recordFY 2012–2024medium confidence

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FY24 Total Revenue

$13.81M

▲ 27.2% YoY

FY24 Total Expenses

$12.03M

▲ 10.9% YoY

Operating Margin

12.9%

revenue minus expenses ÷ revenue

Employees

305

headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed

Revenue

$13.8M

▲ 69.0% / 5y

Expenses

$12.0M

▲ 41.0% / 5y

Total Assets

$25.1M

▲ 14.1% / 5y

Total Liabilities

$5.3M

▼ 5.3% / 5y

Year-on-year detail

from IRS Form 990

Line	FY20	FY21	FY22	FY23	FY24	Δ total
Revenue	$8.2M	$8.2M	$10.0M	$10.9M	$13.8M	+69.0%
Expenses	$8.5M	$8.5M	$9.7M	$10.8M	$12.0M	+41.0%
Net surplus	-$359K	-$359K	$372K	$17K	$1.8M	-597.6%
Total assets	$22.0M	$22.0M	$22.5M	$22.0M	$25.1M	+14.1%
Total liabilities	$5.5M	$5.5M	$5.6M	$5.2M	$5.3M	-5.3%
Net assets	$16.5M	$16.5M	$16.8M	$16.8M	$19.9M	+20.7%

Officer & staff compensation

FY24 · from IRS Form 990

Officer · Employee	Reportable	Other
OWEN WESTERVELT GENERAL MANA· 45h/wk	$241,668	$30,039
MARCUS HARNESS GOLF SUPERIN· 45h/wk	$182,714	$7,309
CRAIG HUNTER HEAD GOLF PR· 45h/wk	$152,010	$27,541
SANDEEP MEHTA Controller· 45h/wk	$101,091	$4,822
HELENE JOHANSON MEMBERSHIP D· 45h/wk	$101,089	$4,085

+ 9 unpaid officers/directors as reported (COLIN GODECKE, DR BRIAN WONG, ERIN BREYMAN, +6 more)

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources

Line item	Amount
DUES FROM MEMBERS	$10,746,374
FITNESS, TENNIS, AND SWIMMING	$327,955
GREENS FEES	$273,254
PRIVATE LESSONS/CLINICS	$176,425
OUTSIDE GUEST GOLF FEES	$99,076

Balance sheet & capital

FY24 · IRS Form 990, Part X

Mortgages & notes payable

$2.9M

▼ $405K paid down

Net land, buildings & equipment

$17.0M

book value, net of depreciation

Facility age

57%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

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

FY24 · Form 990, Part IX

Insurance	$80,336
Occupancy	$743,601
Depreciation & depletion	$2,077,127
Information technology	$79,204
Office expenses	$57,802
Legal fees	$31,422
Other professional fees	$109,836

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.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

SAND POINT COUNTRY CLUB 401(K) PROFIT SHARING PLAN

pension · 62 participants · $4.0M assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

SFounded in 1940, Sand Point Country Club Inc reported $13.81M of revenue for FY24, at an operating margin of 12.9%. Revenue moved up 27.2% 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, FY2024 · period ending Sun Mar 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2023 · period ending Fri Mar 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2022 · period ending Thu Mar 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

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