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

Sand Point Country Club Inc

Seattle, WA · founded 1940
13 filings on recordFY 20122024medium confidence
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
▲ 64.2% / 5y
8.48.210.010.913.8
Expenses
$12.0M
▲ 44.0% / 5y
8.48.59.710.812.0
Total Assets
$25.1M
▲ 23.4% / 5y
20.322.022.522.025.1
Total Liabilities
$5.3M
▲ 48.4% / 5y
3.55.55.65.25.3

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$8.4M$8.2M$10.0M$10.9M$13.8M+64.2%
Expenses$8.4M$8.5M$9.7M$10.8M$12.0M+44.0%
Net surplus$59K-$359K$372K$17K$1.8M+2927.3%
Total assets$20.3M$22.0M$22.5M$22.0M$25.1M+23.4%
Total liabilities$3.5M$5.5M$5.6M$5.2M$5.3M+48.4%
Net assets$16.8M$16.5M$16.8M$16.8M$19.9M+18.1%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther
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 itemAmount
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

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)
+ 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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