LAOS501(c)(7) · MEDIUMNAICS 713910EIN 94-0639250

Los Altos Golf & Country Club

Los Altos, CA · founded 1956
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$17.75M
▲ 3.7% YoY
FY23 Total Expenses
$18.19M
▲ 11.7% YoY
Operating Margin
-2.5%
revenue minus expenses ÷ revenue
Employees
243
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$17.7M
▲ 13.2% / 5y
15.715.715.717.117.7
Expenses
$18.2M
▲ 20.1% / 5y
15.112.912.916.318.2
Total Assets
$30.1M
▲ 12.0% / 5y
26.930.930.931.030.1
Total Liabilities
$4.7M
▼ 30.5% / 5y
6.75.85.85.24.7

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$15.7M$15.7M$15.7M$17.1M$17.7M+13.2%
Expenses$15.1M$12.9M$12.9M$16.3M$18.2M+20.1%
Net surplus$530K$2.8M$2.8M$831K-$440K-183.0%
Total assets$26.9M$30.9M$30.9M$31.0M$30.1M+12.0%
Total liabilities$6.7M$5.8M$5.8M$5.2M$4.7M-30.5%
Net assets$20.1M$25.0M$25.0M$25.9M$25.4M+26.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
RANDALL BERTAO
General Manager· 40h/wk
$410,533$50,368
MICHAEL SIMPSON
Golf Course Superintendent· 40h/wk
$343,701$35,775
MIKE STEVENSON
Director of Golf· 40h/wk
$286,726$10,609
SUSAN BLACKMORE
CFO/SECRETARY· 40h/wk
$258,055$31,402
TRUMAN JONES
Executive Chef· 40h/wk
$209,761$36,683
JASON MARTIN
DIRECTOR OF AQUATICS· 40h/wk
$199,778$47,760
GAYLE JAN
SPECIAL EVENTS DIRECTOR· 40h/wk
$189,029$35,764
KAREN AASEN
Human Resources Director· 40h/wk
$189,029$16,526

+ 9 unpaid officers/directors as reported (BARBARA WILBUR, BRAD DINSMORE, DIANA RUSSELL, +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
MEMBER DUES$11,226,840
GOLF COURSE$699,644
SWIMMING AND TENNIS$580,685
FITNESS$104,922
LOCKER ROOMS$88,920

LFounded in 1956, Los Altos Golf & Country Club reported $17.75M of revenue for FY23, at an operating margin of -2.5%. Revenue moved up 3.7% 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 Tue Oct 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Oct 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sun Oct 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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