EAGLE CREEK GOLF & COUNTRY CLUB INC

EIN: 650372357 Recreation & Sports

NAPLES, FL

Total Revenue
$7,322,767
Total Expenses
$11,228,343
Total Assets
$35,915,390
Net Assets
$21,390,503
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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
1991
Legal Domicile
FL
Principal Officer
MICHAEL MCFADDEN
Phone
2397930500
Tax Period
2023-11-01 to 2024-10-31

EAGLE CREEK GOLF & COUNTRY CLUB INC, founded in 1991, is a community nonprofit in the Recreation & Sports sector that reported $7.3M in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $11.2M exceeded revenue, resulting in a 53% operating deficit.

Mission

TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION.

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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 $7,312,419
Investment Income $-1,106,107
Other Revenue $1,116,455
TOTAL REVENUE $7,322,767

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,071,515
Fundraising Expenses $0
Other Expenses $6,156,828
TOTAL EXPENSES $11,228,343

Year-over-Year Comparison

2023 2022 Change
Revenue $7,322,767 $8,459,171 -0.1%
Expenses $11,228,343 $10,155,190 +0.1%
Net Income $-3,905,576 $-1,696,019 +1.3%
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
157
Volunteers
75

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
6
$466,440
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL MCFADDEN PRESIDENT 8.00
Officer Director
$0 $0 $0
FRANK BRUNO VICE PRESIDENT 8.00
Officer Director
$0 $0 $0
JON CLAPPER TREASURER 8.00
Officer Director
$0 $0 $0
ARLENE FLORJANCIC SECRETARY 8.00
Officer Director
$0 $0 $0
MICHAEL MALDEGEN BOARD MEMBER 8.00
Director
$0 $0 $0
CINDY ROBINSON BOARD MEMBER 8.00
Director
$0 $0 $0
ANTHONY MARKEN BOARD MEMBER 8.00
Director
$0 $0 $0
ERIC WALBERT BOARD MEMBER 8.00
Director
$0 $0 $0
REED HALVORSEN BOARD MEMBER 8.00
Director
$0 $0 $0
DONALD MADALINSKI GENERAL MANAGER 40.00
Officer
$283,501 $32,270 $315,771
SUE MYERS CONTROLLER 40.00
Officer
$124,798 $25,871 $150,669
JAMES ALSTON DIRECTOR OF AGRONOMY 40.00
Highest
$220,563 $20,030 $240,593
JEFFREY JACKSON DIRECTOR OF GOLF 40.00
Highest
$182,000 $27,489 $209,489
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
2024 $7,322,767 $11,228,343 $35,915,390 $-3,905,576
2023 $8,459,171 $10,155,190 $28,802,862 $-1,696,019
2022 $7,698,274 $9,259,261 $25,871,602 $-1,560,987
2021 $6,511,577 $7,648,259 $23,667,889 $-1,136,682
2020 $6,219,223 $7,387,918 $20,413,284 $-1,168,695
2019 $6,518,280 $7,555,943 $20,184,610 $-1,037,663
2018 $8,076,898 $8,629,743 $18,793,133 $-552,845
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