EUGE501(c)(7) · MEDIUMNAICS 713910EIN 93-0163340
Eugene Country Club
Eugene, OR · founded 1949
14 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$8.92M
▲ 2.0% YoY
FY23 Total Expenses
$8.68M
▲ 3.8% YoY
Operating Margin
2.7%
revenue minus expenses ÷ revenue
Employees
221
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$8.9M
▲ 25.6% / 5y
Expenses
$8.7M
▲ 22.5% / 5y
Total Assets
$18.8M
▲ 18.9% / 5y
Total Liabilities
$8.4M
▼ 13.6% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $7.1M | $10.6M | $10.6M | $8.7M | $8.9M | +25.6% |
| Expenses | $7.1M | $7.2M | $7.2M | $8.4M | $8.7M | +22.5% |
| Net surplus | $18K | $3.4M | $3.4M | $380K | $239K | +1235.3% |
| Total assets | $15.8M | $18.8M | $18.8M | $18.9M | $18.8M | +18.9% |
| Total liabilities | $9.7M | $9.1M | $9.1M | $8.7M | $8.4M | -13.6% |
| Net assets | $6.1M | $9.8M | $9.8M | $10.2M | $10.4M | +71.0% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
RICHARD SPURLIN General Manager· 50h/wk | $255,518 | $19,497 |
PHILLIP LAGAO Golf Course Superintendent· 50h/wk | $205,800 | $19,497 |
WILLIAM MORACH Head Golf Professional· 50h/wk | $158,043 | $17,451 |
STEVE BADENOCH Controller· 50h/wk | $110,062 | $11,634 |
+ 13 unpaid officers/directors as reported (BILL INGE, CATHERINE YORK, DAVE MCMAHON, +10 more)
Top contractors
FY23 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES AND ASSESSMENTS | $5,361,455 |
| GOLF/SWIM/TENNIS FEES | $971,078 |
| INITIATION FEES | $399,775 |
| DINING/BANQUET FEES | $332,088 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$6.3M
▼ $413K paid down
Net land, buildings & equipment
$14.2M
book value, net of depreciation
Facility age
45%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $92,892 |
| Occupancy | $247,995 |
| Depreciation & depletion | $1,303,589 |
| Advertising & promotion | $74,245 |
| Office expenses | $47,551 |
| Other professional fees | $112,006 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
EUGENE COUNTRY CLUB 401(K) RETIREMENT PLAN
pension · 75 participants · $3.8M assets · FY2024
EFounded in 1949, Eugene Country Club reported $8.92M of revenue for FY23, at an operating margin of 2.7%. Revenue moved up 2.0% 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.
Source documents
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