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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

LCAL501(c)(7) · MEDIUMNAICS 713910EIN 95-1927084

La Cumbre Golf And Country Club

Santa Barbara, CA · founded 1959

14 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$22.92M

▲ 74.2% YoY

FY23 Total Expenses

$10.20M

▼ 17.9% YoY

Operating Margin

55.5%

revenue minus expenses ÷ revenue

Employees

215

headcount as reported on filing

The Five-Year Picture

FY2020 — FY2023 · as filed

Revenue

$22.9M

▲ 90.5% / 5y

Expenses

$10.2M

▲ 4.6% / 5y

Total Assets

$30.1M

▲ 82.6% / 5y

Total Liabilities

$2.6M

▲ 29.2% / 5y

Year-on-year detail

from IRS Form 990

Line	FY20	FY21	FY21	FY22	FY23	Δ total
Revenue	$12.0M	$12.0M	$12.0M	$13.2M	$22.9M	+90.5%
Expenses	$9.8M	$9.8M	$9.8M	$12.4M	$10.2M	+4.6%
Net surplus	$2.3M	$2.3M	$2.3M	$734K	$12.7M	+457.5%
Total assets	$16.5M	$16.5M	$16.5M	$17.2M	$30.1M	+82.6%
Total liabilities	$2.0M	$2.0M	$2.0M	$2.7M	$2.6M	+29.2%
Net assets	$14.4M	$14.4M	$14.4M	$14.5M	$27.4M	+90.1%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
WAYNE MILLS GREEN SUPERINTENDANT· 40h/wk	$253,655	$38,802
ADAM ZUBEK General Manager· 40h/wk	$223,579	$13,347
MATT BERRY Director of Racquets· 40h/wk	$207,926	$16,184
ERIC WIDMER Executive Chef· 40h/wk	$171,573	$31,541
EVAN COLAVINCENZO Head Golf Professional· 40h/wk	$154,701	$16,627
JEFF COWAN Controller· 40h/wk	$146,289	$45,536

+ 9 unpaid officers/directors as reported (ALAN HARDEN, ANNETTA PATRICK, CHIRS PORTNEY, +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
CAPITAL ASSESSMENT	$12,047,139
MEMBERSHIP DUES	$7,962,841
INITIATION FEES	$2,171,170
GOLF OPERATIONS	$731,709
SWIMMING, FIT. & TENNIS	$206,117

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

—

end of year

Net land, buildings & equipment

$13.0M

book value, net of depreciation

Facility age

64%

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

Insurance	$109,087
Depreciation & depletion	$1,782,432

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

LA CUMBRE COUNTRY CLUB 401(K) PROFIT SHARING PLAN

pension · 64 participants · $1.4M 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.

LFounded in 1959, La Cumbre Golf And Country Club reported $22.92M of revenue for FY23, at an operating margin of 55.5%. Revenue moved up 74.2% 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 Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

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

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

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