NANE501(c)(7) · MEDIUMNAICS 713910EIN 99-0347826
Nanea Golf Club Inc
Kailua Kona, HI · founded 2001
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$4.89M
▲ 11.9% YoY
FY23 Total Expenses
$8.23M
▲ 10.9% YoY
Operating Margin
-68.4%
revenue minus expenses ÷ revenue
Employees
87
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$4.9M
▲ 34.1% / 5y
Expenses
$8.2M
▲ 17.4% / 5y
Total Assets
$39.7M
▼ 0.9% / 5y
Total Liabilities
$1.2M
▲ 42.8% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.6M | $4.0M | $4.0M | $4.4M | $4.9M | +34.1% |
| Expenses | $7.0M | $6.9M | $6.9M | $7.4M | $8.2M | +17.4% |
| Net surplus | -$3.4M | -$2.9M | -$2.9M | -$3.1M | -$3.3M | -0.7% |
| Total assets | $40.1M | $40.0M | $40.0M | $40.8M | $39.7M | -0.9% |
| Total liabilities | $821K | $817K | $817K | $1.2M | $1.2M | +42.8% |
| Net assets | $39.2M | $39.2M | $39.2M | $39.6M | $38.5M | -1.8% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
SCOTT MAIN Golf Course Superintendent· 48h/wk | $216,387 | $25,101 |
TYLER KIRKENDOLL Head Golf Professional· 48h/wk | $185,584 | $13,624 |
STACIE KAIWI-MACHEN Board Treasurer· 48h/wk | $170,175 | $22,350 |
CHRISTOPHER KEITER Director of Golf· 48h/wk | $167,136 | $18,325 |
KRISTOPHER FELTE General Manager· 48h/wk | $163,439 | $25,440 |
+ 10 unpaid officers/directors as reported (ABBY DURBAN, BOB MOMSEN, CHARLES R SCHWAB, +7 more)
Top contractors
FY23 · vendors paid $100k+ as reported
| Vendor | Service | Paid |
|---|---|---|
| Sj Communication Inc KAMUELA, HI | Professional services | $237,753 |
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $7,224,250 |
| GOLFING REVENUE | $1,593,949 |
| SERVICE CHARGE | $266,793 |
| GET | $145,940 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$26.8M
book value, net of depreciation
Facility age
64%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Depreciation & depletion | $2,571,819 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
NANEA GOLF CLUB, INC. 401(K) PLAN
pension · 54 participants · $4.7M assets · FY2024
NFounded in 2001, Nanea Golf Club Inc reported $4.89M of revenue for FY23, at an operating margin of -68.4%. Revenue moved up 11.9% 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 Nanea Golf Club Inc’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
WHESWestern Hills Country Club Co
Revenue $4.9M — near your $4.9M
$4.9Mcompare →
POCAPocasset Golf Club Inc
Revenue $4.9M — near your $4.9M
$4.9Mcompare →
BELMBelmont Country Club
Revenue $4.9M — near your $4.9M
$4.9Mcompare →
Same state · HI
MLAUMaui Country Club Ltd
HI club · $6.8M
$6.8Mcompare →
MPIDMid Pacific Country Club
HI club · $11.4M
$11.4Mcompare →
OAHUOahu Country Club
HI club · $13.6M
$13.6Mcompare →
Similar revenue mix
HPIGHigh Point Country Club Inc
100% similar revenue mix
$6.1Mcompare →
HIGHHighland Country Club Inc
100% similar revenue mix
$3.0Mcompare →
COHACohasset Golf Club
100% similar revenue mix
$8.0Mcompare →
Similar payroll intensity
ATHEAthens Country Club Inc
Payroll intensity 52.3% · near your 52.3%
$9.3Mcompare →
SGUNSunset Grove Country Club Inc
Payroll intensity 52.3% · near your 52.3%
$922Kcompare →
GBREGreen Bay Country Club Inc
Payroll intensity 52.3% · near your 52.3%
$6.1Mcompare →