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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

SHHA501(c)(7) · MEDIUMNAICS 713910EIN 94-1528424

Sharon Heights Golf & Country Club

Menlo Park, CA · founded 1964

12 filings on recordFY 2012–2023medium confidence

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FY23 Total Revenue

$30.15M

▲ 56.9% YoY

FY23 Total Expenses

$18.95M

▲ 18.6% YoY

Operating Margin

37.2%

revenue minus expenses ÷ revenue

Employees

208

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$30.2M

▲ 78.3% / 5y

Expenses

$18.9M

▲ 15.0% / 5y

Total Assets

$62.2M

▲ 87.2% / 5y

Total Liabilities

$21.2M

▲ 237.2% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$16.9M	$15.8M	$15.8M	$19.2M	$30.2M	+78.3%
Expenses	$16.5M	$15.6M	$15.6M	$16.0M	$18.9M	+15.0%
Net surplus	$442K	$152K	$152K	$3.2M	$11.2M	+2437.4%
Total assets	$33.2M	$48.7M	$48.7M	$51.8M	$62.2M	+87.2%
Total liabilities	$6.3M	$22.1M	$22.1M	$22.0M	$21.2M	+237.2%
Net assets	$27.0M	$26.6M	$26.6M	$29.8M	$41.0M	+52.3%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
THORSTEN LOTH GENERAL MANAGER (THROUGH 12/22)· 40h/wk	$598,140	$38,901
STEFANIE LUNA Chief Financial Officer· 40h/wk	$282,933	$306
CHAD TWADDLE GOLF COURSE SUPERINTENDENT (AS OF 2/22)· 40h/wk	$213,820	$4,610
RONITA SANGANI DIRECTOR OF HUMAN RESOURCE· 40h/wk	$202,940	$7,280
MARK HOFF Director of Golf· 40h/wk	$187,108	—
RUBY BUCKLEY MEMBERSHIP & COMMUNICATION DIRECTOR· 40h/wk	$183,171	$1,661
EFRAIN SANCHEZ Food & Beverage Director· 40h/wk	$170,682	$16,106

+ 10 unpaid officers/directors as reported (JEFF EPSTEIN, JIM DILLER JR, JOSEPH DAVIS, +7 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
Lancon Construction STOCKTON, CA	DESIGN SERVICES	$111,312

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBERSHIP DUES	$10,879,042
GOLF ACTIVITIES	$972,786
SWIMMING AND TENNIS	$378,261
LOCKER ROOM	$116,190

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

—

end of year

Net land, buildings & equipment

$26.0M

book value, net of depreciation

Facility age

54%

accumulated depreciation ÷ cost — higher = older plant

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX

Depreciation & depletion

$2,597,001

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

SHARON HEIGHTS GOLF & COUNTRY CLUB 401K PROFIT SHARING PLAN & TRUST

pension · 80 participants · $3.5M assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

SFounded in 1964, Sharon Heights Golf & Country Club reported $30.15M of revenue for FY23, at an operating margin of 37.2%. Revenue moved up 56.9% 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 Fri Mar 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2022 · period ending Thu Mar 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2021 · period ending Wed Mar 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

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