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

La Cumbre Golf And Country Club

Santa Barbara, CA · founded 1959
14 filings on recordFY 20112023medium confidence
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
▲ 138.1% / 5y
9.612.012.013.222.9
Expenses
$10.2M
▲ 11.5% / 5y
9.19.89.812.410.2
Total Assets
$30.1M
▲ 107.1% / 5y
14.516.516.517.230.1
Total Liabilities
$2.6M
▲ 11.0% / 5y
2.42.02.02.72.6

Year-on-year detail

from IRS Form 990
LineFY20FY21FY21FY22FY23Δ total
Revenue$9.6M$12.0M$12.0M$13.2M$22.9M+138.1%
Expenses$9.1M$9.8M$9.8M$12.4M$10.2M+11.5%
Net surplus$486K$2.3M$2.3M$734K$12.7M+2519.8%
Total assets$14.5M$16.5M$16.5M$17.2M$30.1M+107.1%
Total liabilities$2.4M$2.0M$2.0M$2.7M$2.6M+11.0%
Net assets$12.1M$14.4M$14.4M$14.5M$27.4M+125.8%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
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 itemAmount
CAPITAL ASSESSMENT$12,047,139
MEMBERSHIP DUES$7,962,841
INITIATION FEES$2,171,170
GOLF OPERATIONS$731,709
SWIMMING, FIT. & TENNIS$206,117

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)
+ 11 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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