WAVE501(c)(7) · MEDIUMNAICS 713910EIN 93-0307250

Waverley Country Club

Portland, OR · founded 1944
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$10.31M
▼ 15.0% YoY
FY23 Total Expenses
$12.03M
▲ 5.7% YoY
Operating Margin
-16.7%
revenue minus expenses ÷ revenue
Employees
276
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$10.3M
▼ 1.5% / 5y
10.59.010.512.110.3
Expenses
$12.0M
▲ 31.1% / 5y
9.29.19.811.412.0
Total Assets
$15.3M
▲ 0.7% / 5y
15.215.316.116.515.3
Total Liabilities
$2.0M
▲ 30.2% / 5y
1.61.71.81.52.0

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$10.5M$9.0M$10.5M$12.1M$10.3M-1.5%
Expenses$9.2M$9.1M$9.8M$11.4M$12.0M+31.1%
Net surplus$1.3M-$46K$659K$736K-$1.7M-234.4%
Total assets$15.2M$15.3M$16.1M$16.5M$15.3M+0.7%
Total liabilities$1.6M$1.7M$1.8M$1.5M$2.0M+30.2%
Net assets$13.6M$13.6M$14.2M$15.0M$13.3M-2.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
CHRISTIAN THON
General Manager· 40h/wk
$288,755$67,679
JIM SCHAEFFER
Head Golf Professional· 40h/wk
$221,325$64,767
BRIAN KOFFLER
GREEN SUPERINTENDENT· 40h/wk
$203,363$48,684
LORI HENNESSY
Membership Director· 40h/wk
$135,001$50,427
JUAN ZARAGOZA
Executive Chef· 40h/wk
$134,955$38,969

+ 10 unpaid officers/directors as reported (DAN HARMON, FRED BUCKMAN JR, JIM CARTER, +7 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES & ASSESSMENTS$6,626,857
GREEN FEES$349,338
OTHER INCOME$109,632
LOCKER ROOMS$106,813
CART RENTALS$91,095

WFounded in 1944, Waverley Country Club reported $10.31M of revenue for FY23, at an operating margin of -16.7%. Revenue moved down 15.0% 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
Form 990, FY2023 · period ending Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 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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