ALMA501(c)(7) · MEDIUMNAICS 713910EIN 94-1687824

Almaden Golf & Country Club

San Jose, CA · founded 1972
12 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$7.56M
▼ 16.3% YoY
FY23 Total Expenses
$8.47M
▲ 6.8% YoY
Operating Margin
-11.9%
revenue minus expenses ÷ revenue
Employees
164
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$7.6M
▲ 30.3% / 5y
5.86.17.89.07.6
Expenses
$8.5M
▲ 38.1% / 5y
6.16.16.47.98.5
Total Assets
$20.7M
▼ 3.5% / 5y
21.521.122.322.120.7
Total Liabilities
$3.8M
▼ 37.8% / 5y
6.15.75.54.33.8

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$5.8M$6.1M$7.8M$9.0M$7.6M+30.3%
Expenses$6.1M$6.1M$6.4M$7.9M$8.5M+38.1%
Net surplus-$327K-$49K$1.4M$1.1M-$904K+176.0%
Total assets$21.5M$21.1M$22.3M$22.1M$20.7M-3.5%
Total liabilities$6.1M$5.7M$5.5M$4.3M$3.8M-37.8%
Net assets$15.4M$15.4M$16.8M$17.9M$17.0M+10.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
RIGO HEADLEY
General Manager· 40h/wk
$274,331$7,986
MIKE KROUSE
Golf Course Superintendent· 40h/wk
$172,747$7,609
CHRIS MITCHELL
Director of Golf· 40h/wk
$163,899$29,028
PHIL MURRAY
Controller· 40h/wk
$153,384$29,028
ANDREW PALMYRA
SALES DIRECTOR· 40h/wk
$138,375$6,402

+ 9 unpaid officers/directors as reported (Brandon Merlino, Dennis Billings, Frank Lisowki, +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$6,216,572
MEMBERSHIP & TRANSFER FEE$628,036
GOLF COURSE$537,846
ASSESSMENTS & CAP DUES$482,638
MISCELLANEOUS INCOME$343,473

AFounded in 1972, Almaden Golf & Country Club reported $7.56M of revenue for FY23, at an operating margin of -11.9%. Revenue moved down 16.3% 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.

Source documents
Form 990, FY2023 · period ending Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 30 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 9 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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