FAIR501(c)(7) · MEDIUMNAICS 713910EIN 06-0309230

Country Club Of Fairfield Inc

Fairfield, CT · founded 1945
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$8.79M
▲ 7.5% YoY
FY23 Total Expenses
$8.87M
▲ 5.2% YoY
Operating Margin
-0.9%
revenue minus expenses ÷ revenue
Employees
193
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$8.8M
▲ 29.2% / 5y
6.87.97.98.28.8
Expenses
$8.9M
▲ 57.4% / 5y
5.67.77.78.48.9
Total Assets
$29.8M
▲ 125.1% / 5y
13.229.229.229.329.8
Total Liabilities
$16.6M
▲ 1090.7% / 5y
1.415.815.816.016.6

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$6.8M$7.9M$7.9M$8.2M$8.8M+29.2%
Expenses$5.6M$7.7M$7.7M$8.4M$8.9M+57.4%
Net surplus$1.2M$213K$213K-$260K-$81K-106.9%
Total assets$13.2M$29.2M$29.2M$29.3M$29.8M+125.1%
Total liabilities$1.4M$15.8M$15.8M$16.0M$16.6M+1090.7%
Net assets$11.8M$13.4M$13.4M$13.2M$13.1M+11.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
TIMOTHY MINAHAN
General Manager· 40h/wk
$418,047$41,585
ERIC STEINDEL
Director of Golf· 40h/wk
$212,820$22,461
DAVE KOZIOL
Golf Course Superintendent· 40h/wk
$202,515$39,934
ZACHARY TALLARICO
Executive Chef· 40h/wk
$169,437$9,325
RICH BINETTI
Controller· 40h/wk
$119,445$15,666
ERIC BRADLEY
Assistant General Manager· 40h/wk
$115,076$14,449
JOSUE ALBAN
CLUBHOUSE MANAGER· 40h/wk
$100,538$10,806

+ 16 unpaid officers/directors as reported (ANDREW V RANKOWITZ, BRADFORD R ORBEN, BRIAN J MCGRATH, +13 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
Pablo Bellagamba
SOUTHPORT, CT
Pool & racquet$157,924

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$4,454,274
ASSESSMENT FOR CLUBHOU$1,190,015
ENTRANCE AND TRANSFER$683,046

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$14.5M
$168K paid down
Net land, buildings & equipment
$27.3M
book value, net of depreciation
Facility age
32%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$3.7M$7.3M$11.0M$14.7MFY20 · $14.2MFY20FY21 · $14.2MFY21FY22 · $14.7MFY22FY23 · $14.5MFY23

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX
Insurance$246,093
Occupancy$594,977
Depreciation & depletion$1,264,058
Office expenses$327,123
Legal fees$6,420
Accounting fees$30,301
Other professional fees$171,048

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors
COUNTRY CLUB OF FAIRFIELD SAVINGS & RETIREMENT PLAN
pension · 45 participants · $3.7M assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

CFounded in 1945, Country Club Of Fairfield Inc reported $8.79M of revenue for FY23, at an operating margin of -0.9%. Revenue moved up 7.5% 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
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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