ALMA501(c)(7) · MEDIUMNAICS 713910EIN 94-1687824
Almaden Golf & Country Club
San Jose, CA · founded 1972
12 filings on recordFY 2011–2023medium confidence
Compare to peers →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
Expenses
$8.5M
▲ 38.1% / 5y
Total Assets
$20.7M
▼ 3.5% / 5y
Total Liabilities
$3.8M
▼ 37.8% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $5.8M | $7.8M | $7.8M | $9.0M | $7.6M | +30.3% |
| Expenses | $6.1M | $6.4M | $6.4M | $7.9M | $8.5M | +38.1% |
| Net surplus | -$327K | $1.4M | $1.4M | $1.1M | -$904K | +176.0% |
| Total assets | $21.5M | $22.3M | $22.3M | $22.1M | $20.7M | -3.5% |
| Total liabilities | $6.1M | $5.5M | $5.5M | $4.3M | $3.8M | -37.8% |
| Net assets | $15.4M | $16.8M | $16.8M | $17.9M | $17.0M | +10.0% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
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 item | Amount |
|---|---|
| MEMBERSHIP DUES | $6,216,572 |
| MEMBERSHIP & TRANSFER FEE | $628,036 |
| GOLF COURSE | $537,846 |
| ASSESSMENTS & CAP DUES | $482,638 |
| MISCELLANEOUS INCOME | $343,473 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$2.0M
▼ $1.0M paid down
Net land, buildings & equipment
$16.3M
book value, net of depreciation
Facility age
41%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Management fees | $0 |
| Insurance | $177,173 |
| Occupancy | $0 |
| Depreciation & depletion | $947,526 |
| Information technology | $0 |
| Advertising & promotion | $23,591 |
| Office expenses | $0 |
| Legal fees | $0 |
| Accounting fees | $0 |
| Other professional fees | $0 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
AGCC 401(K) PLAN
pension · 63 participants · $400K assets · FY2024
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
The Quarterly · free
Get Almaden Golf & Country Club’s next filing — the day it posts.
We read every 990 so you don't have to — new filings, compensation moves, and the figures worth knowing, four times a year.
Quarterly only · no spam
Free · quarterly · unsubscribe in one click
Similar clubs
matched on revenue, geography & business mix
Same revenue band
LLANLlanerch Country Club
Revenue $7.6M — near your $7.6M
$7.6Mcompare →
IHNDIndian Hills Country Club Inc
Revenue $7.6M — near your $7.6M
$7.6Mcompare →
SATSSt Andrews Golf Club
Revenue $7.6M — near your $7.6M
$7.6Mcompare →
Same state · CA
NRORNorth Ridge Country Club
CA club · $7.5M
$7.5Mcompare →
VISAVisalia Country Club
CA club · $7.7M
$7.7Mcompare →
STOCStockdale Country Club
CA club · $7.4M
$7.4Mcompare →
Similar revenue mix
BHLOBloomfield Hills Country Club
100% similar revenue mix
$6.6Mcompare →
EXMOExmoor Country Club
100% similar revenue mix
$9.0Mcompare →
FWORFort Washington Golf & Country Club
100% similar revenue mix
$6.1Mcompare →
Same area · San Jose
SJANSan Jose Country Club
San Jose, CA
$7.3Mcompare →