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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

NCEW501(c)(7) · MEDIUMNAICS 713910EIN 06-0309270

Country Club Of New Canaan

New Canaan, CT · founded 1938

14 filings on recordFY 2010–2023medium confidence

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FY23 Total Revenue

$17.51M

▲ 6.9% YoY

FY23 Total Expenses

$14.49M

▲ 3.5% YoY

Operating Margin

17.2%

revenue minus expenses ÷ revenue

Employees

328

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$17.5M

▲ 77.8% / 5y

Expenses

$14.5M

▲ 93.5% / 5y

Total Assets

$38.9M

▲ 18.8% / 5y

Total Liabilities

$16.3M

▼ 28.5% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$9.8M	$15.8M	$15.8M	$16.4M	$17.5M	+77.8%
Expenses	$7.5M	$13.7M	$13.7M	$14.0M	$14.5M	+93.5%
Net surplus	$2.4M	$2.1M	$2.1M	$2.4M	$3.0M	+28.0%
Total assets	$32.8M	$36.4M	$36.4M	$35.7M	$38.9M	+18.8%
Total liabilities	$22.8M	$22.5M	$22.5M	$19.4M	$16.3M	-28.5%
Net assets	$9.9M	$13.9M	$13.9M	$16.3M	$22.6M	+127.7%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
ANA ZUBORI HEAD OUTSIDE RACQUETS PRO· 40h/wk	$571,148	$6,950
KEVIN LALUMIERE General Manager· 40h/wk	$397,000	$35,147
MICHAEL ROE Golf Course Superintendent· 40h/wk	$258,405	$29,017
ZAC ALEXANDER HEAD SQUASH PROFESSIONAL· 40h/wk	$241,987	$14,632
ADAM RAINAUD Head Golf Professional· 40h/wk	$238,956	$21,000
ALEJANDRO ABAD FMR EXECUTIVE CHEF· 40h/wk	$101,538	$3,227

+ 16 unpaid officers/directors as reported (AUDREY CHASTAIN-CHAPMAN, BRIAN OTERO, ERIN GRAVES HABERSTROH, +13 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBERSHIP DUES	$7,769,456
INITIATION FEES	$2,574,200
DEBT SERVICE ASSESSMENT	$904,712
MONTHLY CAPITAL ASSESSMENT	$835,544

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

—

end of year

Net land, buildings & equipment

$29.2M

book value, net of depreciation

Facility age

15%

accumulated depreciation ÷ cost — higher = older plant

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	$269,584
Occupancy	$876,495
Depreciation & depletion	$1,704,165
Information technology	$80,413
Office expenses	$200,734
Legal fees	$42,758
Accounting fees	$32,675
Other professional fees	$93,224

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

THE RETIREMENT SAVINGS PLAN FOR EMPLOYEES OF THE COUNTRY CLUB OF NEW CANAAN

pension · 74 participants · 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 1938, Country Club Of New Canaan reported $17.51M of revenue for FY23, at an operating margin of 17.2%. Revenue moved up 6.9% 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)

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