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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

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

Portland Golf Club

Portland, OR · founded 1935

13 filings on recordFY 2011–2023medium confidence

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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

Expenses

$10.6M

▲ 43.1% / 5y

Total Assets

$18.5M

▲ 60.8% / 5y

Total Liabilities

$2.3M

▲ 25.7% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ 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 · Employee	Reportable	Other
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

Vendor	Service	Paid
Dunn Carney Allen Higgins & Tongue LLP PORTLAND, OR	Professional services	$110,066

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBERSHIP DUES AND ASSESSMENTS	$9,026,013
POOL AND OTHER FUNCTION INCOME	$449,383
GREENS FEES	$339,117
CART RENTALS/LOCKER ROOMS	$214,536

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$469K

▲ $421K new borrowing

Net land, buildings & equipment

$16.0M

book value, net of depreciation

Facility age

47%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX

Insurance	$121,057
Occupancy	$347,659
Depreciation & depletion	$998,574
Office expenses	$131,877
Other professional fees	$366,275

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

PORTLAND GOLF CLUB PENSION PLAN

pension · 90 participants · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

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)

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