Country clubs aren’t as desirable as they once were (see: condos for sale for just $1). Golf is on the wane (try finding a new development built around a course).
And guess what: Palm Beach County’s five biggest country club communities seem to be doing just fine, thanks.
I count five country clubs in Florida that reported revenue of more than $20 million in 2015, all of them in Palm Beach County. At two of the clubs, the general managers’ salaries approached $1 million, according to freshly released tax returns (many country clubs are nonprofits that must make their finances public).
The top five:
- Boca West, still the biggest by far. Its 2015 revenue was $53 million, up 19 percent from 2014. Former general manager Jay DiPietro made $977,145 for the year.
- Broken Sound Club. Revenue at the Boca club was $28.6 million, up 8 percent from 2014. GM John Crean pulled down $706,817.
- BallenIsles. Revenue at the Palm Beach Gardens club totaled $26.8 million, up 5 percent from 2014. GM Derrick Barnett made $365,822.
- St. Andrew’s Country Club in Boca brought in $21.6 million. GM Craig Martin’s compensation of $930,639 rivaled DiPietro’s pay.
- Country Club at Woodfield in Boca reported revenue of $21.5 million. GM Eben Mollloy made $379,538.
The Everglades Club in Palm Beach finishes just outside the top five, with $19.7 million in revenue. GM Richard Lese made $569,579.