| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $2.5M | $3.4M | $3.4M | $3.7M | $6.0M | +143.5% |
| Expenses | $2.1M | $2.4M | $2.4M | $3.6M | $5.3M | +159.5% |
| Net surplus | $423K | $980K | $980K | $193K | $701K | +65.6% |
| Total assets | $4.0M | $6.6M | $6.6M | $6.6M | $6.8M | +67.3% |
| Total liabilities | $2.1M | $3.2M | $3.2M | $3.0M | $2.7M | +27.0% |
| Net assets | $1.9M | $3.4M | $3.4M | $3.6M | $4.1M | +111.7% |
| Officer · Employee | Reportable | Other |
|---|---|---|
BLANE HEZEL Golf Course Superintendent· 40h/wk | $111,287 | $6,000 |
JASON YOUNGSMAN General Manager· 40h/wk | $104,354 | $6,000 |
+ 11 unpaid officers/directors as reported (BOB MCCLAIN, CINDY MERRITT, DANA BOLLINGER, +8 more)
No contractors reported.
| Line item | Amount |
|---|---|
| FOOD AND BEVERAGE SALE | $1,751,984 |
| INITIATION FEES | $265,825 |
| COLONY REIMBURSEMENT O | $143,636 |
| GREENS FEES | $114,830 |
| CART RENTALS | $76,512 |
UFounded in 1986, Useless Bay Golf & Country Club Inc reported $6.03M of revenue for FY23, at an operating margin of 11.6%. Revenue moved up 61.0% 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.