4
Jul
Colorado's nonprofit country clubs saw revenue surge in the pandemic. Here's where they stand.
Country club revenue has soared nationally throughout the pandemic, and many Colorado nonprofit country clubs are seeing similar gains.
Glenmoor Country Club, located in Englewood near the Denver Tech Center, recorded the highest revenue in 2022 at $15.7 million, rising from $11.6 million in 2019 –– a 35% jump, according to tax filings.
A review by The Business Journals of more than 2,000 nonprofit country clubs and the Form 990 documents submitted by those organizations showed a median 24%…
Source: Arizona Business Journal
