BELM501(c)(7) · MEDIUMNAICS 713910EIN 94-1361731
Belmont Country Club
Fresno, CA · founded 1959
14 filings on recordFY 2011–2024medium confidence
Compare to peers →FY24 Total Revenue
$4.88M
▲ 22.8% YoY
FY24 Total Expenses
$3.66M
▲ 9.1% YoY
Operating Margin
24.9%
revenue minus expenses ÷ revenue
Employees
71
headcount as reported on filing
The Five-Year Picture
FY2020 — FY2024 · as filed
Revenue
$4.9M
▲ 62.2% / 5y
Expenses
$3.7M
▲ 44.6% / 5y
Total Assets
$4.3M
▲ 161.6% / 5y
Total Liabilities
$1.9M
▲ 3.2% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY20 | FY21 | FY22 | FY23 | FY24 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.0M | $3.0M | $3.7M | $4.0M | $4.9M | +62.2% |
| Expenses | $2.5M | $2.5M | $2.9M | $3.4M | $3.7M | +44.6% |
| Net surplus | $472K | $472K | $753K | $611K | $1.2M | +156.9% |
| Total assets | $1.6M | $1.6M | $2.4M | $3.1M | $4.3M | +161.6% |
| Total liabilities | $1.9M | $1.9M | $1.9M | $1.9M | $1.9M | +3.2% |
| Net assets | -$245K | -$245K | $508K | $1.1M | $2.3M | -1051.1% |
Officer & staff compensation
FY24 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 9 unpaid officers/directors as reported (BILL GRIGSBY, DAVE CAMERON, DAVE GUZMAN, +6 more)
All 9 listed officers reported $0 compensation — volunteer board.
Top contractors
FY24 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY24 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $2,258,958 |
| MISCELLANEOUS - RELATED | $854,123 |
| PRO SHOP CARTS, CLUBS, RANGE | $352,774 |
| GREEN FEES | $189,400 |
| GREEN FEES O/S | $160,666 |
Balance sheet & capital
FY24 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$2.4M
book value, net of depreciation
Facility age
65%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY24 · Form 990, Part IX
| Insurance | $236,510 |
| Depreciation & depletion | $236,460 |
| Advertising & promotion | $5,796 |
| Office expenses | $11,372 |
| Accounting fees | $15,915 |
BFounded in 1959, Belmont Country Club reported $4.88M of revenue for FY24, at an operating margin of 24.9%. Revenue moved up 22.8% 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
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