WARW501(c)(7) · MEDIUMNAICS 713910EIN 05-0235015

Warwick Country Club

Warwick, RI · founded 1926
13 filings on recordFY 20122023medium confidence
FY23 Total Revenue
$4.71M
▼ 6.1% YoY
FY23 Total Expenses
$4.12M
▲ 10.2% YoY
Operating Margin
12.4%
revenue minus expenses ÷ revenue
Employees
186
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$4.7M
▲ 47.8% / 5y
3.23.25.45.04.7
Expenses
$4.1M
▲ 28.9% / 5y
3.23.13.53.74.1
Total Assets
$9.2M
▲ 65.9% / 5y
5.55.87.38.19.2
Total Liabilities
$3.2M
▼ 9.3% / 5y
3.53.73.22.83.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.2M$3.2M$5.4M$5.0M$4.7M+47.8%
Expenses$3.2M$3.1M$3.5M$3.7M$4.1M+28.9%
Net surplus-$12K$151K$1.9M$1.3M$586K-5151.4%
Total assets$5.5M$5.8M$7.3M$8.1M$9.2M+65.9%
Total liabilities$3.5M$3.7M$3.2M$2.8M$3.2M-9.3%
Net assets$2.0M$2.1M$4.0M$5.3M$6.0M+199.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
RICK SHAUNNESSY
GENERAL MANA· 40h/wk
$155,798$21,049
STEVE THYS
GOLF SUPERIN· 40h/wk
$134,964$22,394
MATTHEW WALSH
GOLF PROFESS· 40h/wk
$103,096$17,396
JULIE NAHAS
GENERAL MANA· 40h/wk
$100,577$8,568
ROBERT POULIN
Controller· 40h/wk
$91,615$10,913

+ 10 unpaid officers/directors as reported (ANGELLA FRANKLIN, JENNIFER TOMASSI, JOSEPH MCGAIR, +7 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$3,280,562
GOLF CART RENTALS$222,722
GREEN FEES$172,302
GREEN FEES - UNRELATED INCOME$125,715
GOLF CART RENTALS - UNRELATED$73,174

WFounded in 1926, Warwick Country Club reported $4.71M of revenue for FY23, at an operating margin of 12.4%. Revenue moved down 6.1% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.

Source documents
Form 990, FY2023 · period ending Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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