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Filing year 2024

LAKE MERCED GOLF CLUB

Daly City, California·EIN 94-0615130·7
Total revenue
$14.7M
Total assets
$30.7M
Total expenses
$14M
Reported officers
15
Mission

THE ORGANIZATION IS AN EXEMPT SOCIAL CLUB UNDER IRC SECTION 501(C)(7) WHOSE PROGRAM SERVICE ACTIVITIES ARE ORGANIZED & OPERATED SUBSTANTIALLY FOR THE PLEASURE & RECREATION OF ITS MEMBERS. ALL PROGRAMS OF THE CLUB ARE RELATED TO THE PURPOSE OF PROVIDING SOCIAL & RECREATIONAL BENEFITS TO ITS MEMBERS.

Executive compensation, broken down

Form 990 · Schedule J · 6 reported individuals · Filing year 2024

General Manager
officer (unspecified)
$508k
$539k
Base
$317k
Bonus
$126k
Other
$23k
Benefits
$24k
Golf Course Superintendent
highest compensated employee
$396k
$420k
Base
$302k
Bonus
$33k
Other
$29k
Benefits
$20k
Head Golf Professional
highest compensated employee
$306k
$324k
Base
$236k
Bonus
$38k
Other
$14k
Benefits
$3k
Food and Beverage Manager
highest compensated employee
$173k
$183k
Base
$125k
Bonus
$23k
Other
$9k
Benefits
$8k
Membership Director
highest compensated employee
$151k
$160k
Base
$98k
Bonus
$23k
Other
$23k
Benefits
$255
Controller
highest compensated employee
$149k
$157k

Teal figures restate each filed amount in 2026 dollars.

Estimated with San Francisco-Oakland-Hayward, CA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 9 unpaid individuals.

Up 25%
from 2023

From $407k in 2023 to $508k in 2024.

$407k
2023
$508k
2024
In today's dollarsEst.
Up 22% in real terms$443k to $539k

Estimated with San Francisco-Oakland-Hayward, CA metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

LAKE MERCED GOLF CLUB reported revenue and expenses across 2 filing years.

RevenueExpenses
$15.4M
$14M
2023
$14.7M
$14M
2024
Total revenue and total expenses from IRS Form 990 filings.
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