PENI501(c)(7) · MEDIUMNAICS 713910EIN 94-0318810

Peninsula Golf & Country Club

San Mateo, CA · founded 1950
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$17.06M
▲ 0.6% YoY
FY23 Total Expenses
$17.56M
▲ 11.1% YoY
Operating Margin
-2.9%
revenue minus expenses ÷ revenue
Employees
248
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$17.1M
▲ 2.2% / 5y
16.713.817.217.017.1
Expenses
$17.6M
▲ 17.2% / 5y
15.013.814.415.817.6
Total Assets
$35.1M
▼ 1.8% / 5y
35.835.137.032.535.1
Total Liabilities
$13.0M
▼ 23.9% / 5y
17.116.415.59.813.0

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$16.7M$13.8M$17.2M$17.0M$17.1M+2.2%
Expenses$15.0M$13.8M$14.4M$15.8M$17.6M+17.2%
Net surplus$1.7M$27K$2.8M$1.2M-$496K-128.8%
Total assets$35.8M$35.1M$37.0M$32.5M$35.1M-1.8%
Total liabilities$17.1M$16.4M$15.5M$9.8M$13.0M-23.9%
Net assets$18.7M$18.7M$21.5M$22.6M$22.1M+18.5%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
RYAN O'NEIL
General Manager· 40h/wk
$279,223$43,223
CORY MCQUIDDY
Director of Golf· 40h/wk
$262,610$56,224
JOE BUDINICH
Golf Course Superintendent· 40h/wk
$257,523$42,742
CHRISTIN RENNER
DIRECTOR OF WELLNESS· 40h/wk
$169,685$23,770
JASON SIMS
GOLF 1ST ASSISSTANT· 40h/wk
$165,291$23,798
NIMROD SALUDO
Director of Racquets· 40h/wk
$164,751$9,688
DAVID SIDOTI
Executive Chef· 40h/wk
$158,299$24,187
JOANNA KIM
Chief Financial Officer· 32h/wk
$155,638$51,534

+ 9 unpaid officers/directors as reported (ALBERT CHANG, CAROLINE SERRATO, DAN COOPERMAN, +6 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$10,758,978
GOLF REVENUE$818,750
SWIM & TENNIS$524,146
LOCKER RENTALS$233,655
FITNESS CENTER$187,667

PFounded in 1950, Peninsula Golf & Country Club reported $17.06M of revenue for FY23, at an operating margin of -2.9%. Revenue moved up 0.6% 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 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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