| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $4.2M | $4.6M | $5.8M | $5.4M | $5.8M | +38.0% |
| Expenses | $4.3M | $4.0M | $4.4M | $5.3M | $5.4M | +24.9% |
| Net surplus | -$150K | $588K | $1.3M | $195K | $362K | -341.2% |
| Total assets | $7.0M | $7.2M | $8.6M | $8.6M | $8.9M | +27.8% |
| Total liabilities | $4.8M | $4.5M | $4.6M | $4.3M | $4.3M | -10.9% |
| Net assets | $2.1M | $2.7M | $4.0M | $4.2M | $4.6M | +116.3% |
| Officer · Employee | Reportable | Other |
|---|---|---|
CRAIG BENSON Golf Course Superintendent· 40h/wk | $189,452 | $16,922 |
TC BAILEY General Manager· 40h/wk | $165,000 | $7,270 |
TYLER STONE Controller· 40h/wk | $115,324 | $9,572 |
CHRIS LUNGO DIRECTOR OF CLUB OPERATIONS· 40h/wk | $112,729 | $7,277 |
ADAM ENGLEHORN Head Golf Professional· 40h/wk | $107,709 | $9,059 |
+ 9 unpaid officers/directors as reported (BRAD GILMAN, DENNIS WALLICK, GARY KRANC, +6 more)
No contractors reported.
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES & ASSESSMENTS | $3,341,150 |
| GREEN/TOURNAMENT FEES | $446,976 |
| CART & PRO SHOP FEES | $370,077 |
| INITIATION FEES | $226,912 |
| DRIVING RANGE | $99,995 |
MFounded in 1968, Meridian Valley Country Club Inc reported $5.76M of revenue for FY23, at an operating margin of 6.3%. Revenue moved up 5.7% 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.