| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $7.8M | $11.4M | $11.4M | $9.7M | $15.4M | +96.7% |
| Expenses | $8.4M | $9.5M | $9.5M | $12.6M | $14.0M | +65.7% |
| Net surplus | -$612K | $1.8M | $1.8M | -$2.9M | $1.4M | -330.9% |
| Total assets | $14.5M | $22.0M | $22.0M | $32.2M | $32.0M | +120.4% |
| Total liabilities | $1.5M | $6.0M | $6.0M | $19.1M | $17.4M | +1099.1% |
| Net assets | $13.0M | $16.0M | $16.0M | $13.1M | $14.5M | +11.4% |
| Officer · Employee | Reportable | Other |
|---|---|---|
NICK BAILEY General Manager· 40h/wk | $382,459 | $24,197 |
MATTHEW DACHOWSKI Golf Course Superintendent· 40h/wk | $286,893 | $15,147 |
PATRICK STEFFES Head Golf Professional· 40h/wk | $261,478 | $13,074 |
KIMBERLY WILCOX Controller· 40h/wk | $166,334 | $2,938 |
JOSHUA POKORNEY Executive Chef· 40h/wk | $150,514 | $7,396 |
ROBERT MAZER Food & Beverage Director· 40h/wk | $138,110 | $8,154 |
+ 9 unpaid officers/directors as reported (BILL MAZZETTI, CLIFFORD LAI, JARED POTTER, +6 more)
No contractors reported.
| Line item | Amount |
|---|---|
| MEMBER DUES & ASSESSMENTS | $6,439,042 |
| CAPITAL DUES | $2,635,034 |
| INITIATION AND TRANSFER FEES | $2,623,000 |
| GOLF OPERATION | $1,118,525 |
| CLUBHOUSE RENOVATION | $625,000 |
LFounded in 1945, Lake Merced Golf & Country Club reported $15.41M of revenue for FY23, at an operating margin of 9.2%. Revenue moved up 59.3% 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.