RSED501(c)(7) · MEDIUMNAICS 713910EIN 91-1941655

Red Stick Golf Club Inc

Vero Beach, FL · founded 2000
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$6.36M
▲ 8.6% YoY
FY23 Total Expenses
$5.02M
▲ 9.8% YoY
Operating Margin
21.1%
revenue minus expenses ÷ revenue
Employees
71
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$6.4M
▲ 13.4% / 5y
5.65.55.55.96.4
Expenses
$5.0M
▲ 20.4% / 5y
4.24.24.24.65.0
Total Assets
$28.8M
▲ 15.3% / 5y
25.027.527.527.328.8
Total Liabilities
$3.9M
▲ 1509.2% / 5y
2453.53.53.63.9

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$5.6M$5.5M$5.5M$5.9M$6.4M+13.4%
Expenses$4.2M$4.2M$4.2M$4.6M$5.0M+20.4%
Net surplus$1.4M$1.3M$1.3M$1.3M$1.3M-7.1%
Total assets$25.0M$27.5M$27.5M$27.3M$28.8M+15.3%
Total liabilities$245K$3.5M$3.5M$3.6M$3.9M+1509.2%
Net assets$24.7M$24.1M$24.1M$23.7M$24.8M+0.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
PETER MONTOLEONE
General Manager· 40h/wk
$239,066$28,732
KURT JENNINGS
Golf Course Superintendent· 40h/wk
$146,982$16,728
RYAN SHARP
Head Golf Professional· 40h/wk
$140,349$14,246
FRANCINE GRIFFIN
Controller· 40h/wk
$115,482$16,639
CORBY COGGINS
Golf Course Superintendent· 40h/wk
$102,511$16,317

+ 9 unpaid officers/directors as reported (DENNIS H FERRO, EDWARD W SCHICK, GEORGE WYPER, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
CADDIE SERVICES INC
SCOTTDALE, AZ
CADDIE SERVICES$983,327
TIDELINE STAFFING
PHILADELPHIA, PA
TEMP EMPLOYEE STAFFING$106,125
JAYSON JEFFRIES
EAST HAMPTON, NY
GOLF LESSONS$101,828

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
CLUB DUES$4,252,302
INITIATION FEES$1,307,916
GREEN FEES TAXABLE$162,555
TOURNAMENT REVENUE$103,142
CART FEES TAXABLE$26,220

RFounded in 2000, Red Stick Golf Club Inc reported $6.36M of revenue for FY23, at an operating margin of 21.1%. Revenue moved up 8.6% 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, FY2023 · period ending Fri Jun 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Thu Jun 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Wed Jun 30 2021 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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