PORT501(c)(7) · MEDIUMNAICS 713910EIN 93-0256880

Portland Golf Club

Portland, OR · founded 1935
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$11.93M
▼ 3.4% YoY
FY23 Total Expenses
$10.56M
▲ 6.1% YoY
Operating Margin
11.4%
revenue minus expenses ÷ revenue
Employees
226
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$11.9M
▲ 22.5% / 5y
9.79.99.912.311.9
Expenses
$10.6M
▲ 43.1% / 5y
7.48.18.110.010.6
Total Assets
$18.5M
▲ 60.8% / 5y
11.513.613.615.818.5
Total Liabilities
$2.3M
▲ 25.7% / 5y
1.81.31.31.22.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$9.7M$9.9M$9.9M$12.3M$11.9M+22.5%
Expenses$7.4M$8.1M$8.1M$10.0M$10.6M+43.1%
Net surplus$2.4M$1.8M$1.8M$2.4M$1.4M-42.1%
Total assets$11.5M$13.6M$13.6M$15.8M$18.5M+60.8%
Total liabilities$1.8M$1.3M$1.3M$1.2M$2.3M+25.7%
Net assets$9.7M$12.3M$12.3M$14.6M$16.3M+67.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
LONNIE LISTER
General Manager· 40h/wk
$381,825$9,157
TIM HVAL
Head Golf Professional· 40h/wk
$188,760$11,695
JASON DORN
Golf Course Superintendent· 40h/wk
$169,508$14,366
DAVID LEBECK
ASSISTANT GOLF PRO· 40h/wk
$130,298$14,086
ELOY BARRAGAN
Executive Chef· 40h/wk
$112,950$19,912
MIKE CORTNER
GOLF COURSE ASST. SUPERINT· 40h/wk
$112,707$8,979

+ 9 unpaid officers/directors as reported (CAM JOHNSON, CRAIG EASTMAN, DAVID HACKETT, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
DUNN CARNEY ALLEN HIGGINS & TONGUE LLP
PORTLAND, OR
LEGAL AND CONSULTING SERVICES$110,066

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES AND ASSESSMENTS$9,026,013
POOL AND OTHER FUNCTION INCOME$449,383
GREENS FEES$339,117
CART RENTALS/LOCKER ROOMS$214,536

PFounded in 1935, Portland Golf Club reported $11.93M of revenue for FY23, at an operating margin of 11.4%. Revenue moved down 3.4% 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 Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Dec 31 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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