GREE501(c)(7) · MEDIUMNAICS 713910EIN 06-0374900

Greenwich Country Club

Greenwich, CT · founded 1968
12 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$20.52M
▲ 13.7% YoY
FY23 Total Expenses
$17.15M
▲ 4.6% YoY
Operating Margin
16.4%
revenue minus expenses ÷ revenue
Employees
304
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$20.5M
▲ 43.5% / 5y
14.323.123.118.020.5
Expenses
$17.2M
▲ 29.2% / 5y
13.314.914.916.417.2
Total Assets
$47.4M
▲ 39.0% / 5y
34.148.448.448.147.4
Total Liabilities
$14.2M
▼ 2.1% / 5y
14.519.519.518.214.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$14.3M$23.1M$23.1M$18.0M$20.5M+43.5%
Expenses$13.3M$14.9M$14.9M$16.4M$17.2M+29.2%
Net surplus$1.0M$8.3M$8.3M$1.6M$3.4M+230.4%
Total assets$34.1M$48.4M$48.4M$48.1M$47.4M+39.0%
Total liabilities$14.5M$19.5M$19.5M$18.2M$14.2M-2.1%
Net assets$19.6M$28.9M$28.9M$29.8M$33.2M+69.5%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
DARRELL ARMSTRONG
GENERAL MANAGER & COO· 50h/wk
$501,386$23,805
JUAN PABLO MARTINEZ-ARRAYA
DIRECTOR OF RAQUETS· 40h/wk
$356,353$16,837
RODNEY EYLES
DIRECTOR OF SQUASH· 40h/wk
$289,017$8,742
KARIE TORROLL
Chief Financial Officer· 50h/wk
$257,529$9,577
FRED DOHENY
Golf Course Superintendent· 50h/wk
$255,113$19,753
ANDREW GRUSS
Head Golf Professional· 40h/wk
$228,364$23,598
JOSE ABAD-GONZALEZ
Executive Chef· 50h/wk
$189,680$19,838
JOSEPH MAGYARI
CHIEF ENGINEER· 40h/wk
$184,285$1,177
JESSICA CALLA
Assistant General Manager· 50h/wk
$152,765$8,889
BEVERLEY DAVIS
GOLF TEACHING PRO· 40h/wk
$144,671$539
MICHAEL MANCZ
ASSISTANT GOLF PRO· 40h/wk
$137,287$8,350
MICHAEL BOLES
CHIEF MECHANIC· 40h/wk
$115,768$8,598
GRACE KEEGAN
MEMBERSHIP & COMMUNICATIONS DIRECTOR· 40h/wk
$109,108$17,008
MARTINA ONDREJKOVA
ASSISTANT RACQUETS PRO· 40h/wk
$109,087$6,810
ANDREW LEAROYD
ASSISTANT SQUASH PRO· 40h/wk
$107,844$266
DANIEL JOHNSTON
ASSISTANT GOLF PRO· 40h/wk
$107,288$8,311
PETER BASSO
ASSISTANT GOLF PRO· 40h/wk
$103,514$16,973
HENRY CARDENAS
FOOD & BEVERAGE MANAGER· 40h/wk
$102,337$8,691

+ 17 unpaid officers/directors as reported (ALLAN MURPHY, CECILIE JEDLICKA, CYNTHIA DIPRETA, +14 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
PECORA BROTHERS
GREENWICH, CT
CONSTRUCTION SERVICES$2,418,060
TANTO IRRIGATION
ELMSFORD, NY
IRRIGATION SYSTEM CONTRACTOR$257,670
MCDONALD & SONS
JESSUP, MD
GOLF COURSE CONTRACTOR$239,173
THE SALUS GROUP INC
RYE, NY
FITNESS TRAINER$217,983
PASSERELLI CONTRACTING GROUP LLC (DBA Q
STAMFORD, CT
LANDSCAPING COMPANY$192,363

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBER DUES$8,503,199
INITIATION FEES$3,981,824
SPORTS ACTIVITIES$2,223,504
SPECIAL CAPITAL PROJECT ASSESSTME$2,062,073
ROOM RENTALS$920,378

GFounded in 1968, Greenwich Country Club reported $20.52M of revenue for FY23, at an operating margin of 16.4%. Revenue moved up 13.7% 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)
+ 9 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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