KINGS CREEK COUNTRY CLUB

EIN: 510318526

REHOBOTH BEACH, DE

Total Revenue
$7,545,558
Total Expenses
$6,678,650
Total Assets
$19,760,755
Net Assets
$12,344,712
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
DE
Principal Officer
SCOTT BOURDREAU
Phone
3022278954
Tax Period
2023-04-01 to 2024-03-31

KINGS CREEK COUNTRY CLUB, founded in 1989, is a community nonprofit that reported $7.5M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $6.7M left a modest 11% surplus.

Mission

KINGS CREEK COUNTRY CLUB IS DEDICATED TO PROVIDING SUPERIOR COUNTRY CLUB AMENITIES OF EXCEPTIONAL VALUE, INCLUDING GOLF, RACQUET SPORTS, FITNESS, AND SWIMMING FACILITIES AND PROGRAMS; A FIRST CLASS DINING EXPERIENCE AND CONSISTENT SERVICE EXCELLENCE, IN A WARM, RELAXED ATMOSPHERE FOR THE ENJOYMENT OF OUR MEMBERS AND THEIR GUESTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $8,000,090
Investment Income $16,768
Other Revenue $-471,300
TOTAL REVENUE $7,545,558

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,089,798
Fundraising Expenses $0
Other Expenses $3,588,852
TOTAL EXPENSES $6,678,650

Year-over-Year Comparison

2023 2022 Change
Revenue $7,545,558 $6,362,885 +0.2%
Expenses $6,678,650 $6,364,425 +0.0%
Net Income $866,908 $-1,540 -563.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
181
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DERRICK GERARD ASSISTANT GENERAL MANAGER 50.00
Highest
$110,578 $7,961 $118,539
MARK HASCHEMEYER GOLF COURSE SUPERINTENDENT 50.00
Highest
$170,039 $16,622 $186,661
PHILIP LAMBERT EXECUTIVE CHEF 50.00
Highest
$151,899 $16,094 $167,993
CYNTHIA SMITH WELLNESS DIRECTOR 50.00
Highest
$115,037 $11,067 $126,104
KEVIN WIEST HEAD GOLF PROFESSIONAL 50.00
Highest
$109,391 $24,812 $134,203
SEAN MERCER PRESIDENT 15.00
Officer
$0 $0 $0
LISA SCHOFIELD VICE PRESIDENT 10.00
Officer
$0 $0 $0
ED ENGLES SECRETARY 10.00
Officer
$0 $0 $0
SCOTT BOURDREAU TREASURER 10.00
Officer
$0 $0 $0
DAWN DUPRE MEMBER AT LARGE 10.00
Officer
$0 $0 $0
NICK DIBONA DIRECTOR 10.00
Director
$0 $0 $0
WINNIE SEWELL DIRECTOR 10.00
Director
$0 $0 $0
ROGER SIEMIONKO DIRECTOR 10.00
Director
$0 $0 $0
BRIAN SIMMONS DIRECTOR 10.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $7,545,558 $6,678,650 $19,760,755 $866,908
2023 $6,362,885 $6,364,425 $19,641,688 $-1,540
2022 $7,918,759 $5,515,217 $19,441,580 $2,403,542
2021 $4,791,665 $4,067,993 $17,374,000 $723,672
2020 $4,259,642 $4,001,302 $14,655,129 $258,340
2019 $4,508,939 $3,272,033 $12,283,538 $1,236,906
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