| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $8.9M | $10.0M | $10.0M | $11.4M | $12.6M | +41.5% |
| Expenses | $8.3M | $7.5M | $7.5M | $10.3M | $11.5M | +38.2% |
| Net surplus | $552K | $2.5M | $2.5M | $1.1M | $1.1M | +91.0% |
| Total assets | $19.4M | $25.0M | $25.0M | $25.7M | $27.2M | +40.3% |
| Total liabilities | $1.7M | $3.0M | $3.0M | $2.6M | $3.0M | +77.7% |
| Net assets | $17.7M | $22.0M | $22.0M | $23.1M | $24.2M | +36.7% |
| Officer · Employee | Reportable | Other |
|---|---|---|
DAVID STOCKE General Manager· 40h/wk | $349,986 | $56,642 |
JAMES GORMLEY DIR. OF GOLF· 40h/wk | $233,891 | $30,198 |
STEVEN MANRIQUEZ GOLF SUPERINTENDEN· 40h/wk | $191,004 | $25,217 |
GARRETT YOKOYAMA Executive Chef· 40h/wk | $188,309 | $41,676 |
BRIANNA ACOSTA-BADEL Membership Director· 40h/wk | $157,771 | $14,749 |
DAVID SCHREINER Controller· 40h/wk | $156,939 | $23,873 |
+ 9 unpaid officers/directors as reported (CAROLBETH COZEN, CHAD TURNER, DAN FINNEGAN, +6 more)
No contractors reported.
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $6,760,110 |
| INITIATION FEES | $2,108,140 |
| GREEN FEES | $914,045 |
| CAPITAL FUNDING FEE | $799,135 |
| GOLF ACTIVITIES | $454,270 |
PFounded in 1960, Palos Verdes Golf Club Inc reported $12.57M of revenue for FY23, at an operating margin of 8.4%. Revenue moved up 10.3% 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.