MADI501(c)(7) · MEDIUMNAICS 713910EIN 06-0436540

Madison Country Club Inc

Madison, CT
14 filings on recordFY 20102023medium confidence
FY23 Total Revenue
$4.80M
▲ 4.1% YoY
FY23 Total Expenses
$3.43M
▲ 4.4% YoY
Operating Margin
28.6%
revenue minus expenses ÷ revenue
Employees
47
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$4.8M
▲ 79.5% / 5y
2.73.23.44.64.8
Expenses
$3.4M
▲ 26.4% / 5y
2.72.83.03.33.4
Total Assets
$9.9M
▲ 61.3% / 5y
6.26.56.88.59.9
Total Liabilities
$2.9M
▲ 6.0% / 5y
2.82.92.72.82.9

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.7M$3.2M$3.4M$4.6M$4.8M+79.5%
Expenses$2.7M$2.8M$3.0M$3.3M$3.4M+26.4%
Net surplus-$37K$329K$388K$1.3M$1.4M-3778.7%
Total assets$6.2M$6.5M$6.8M$8.5M$9.9M+61.3%
Total liabilities$2.8M$2.9M$2.7M$2.8M$2.9M+6.0%
Net assets$3.4M$3.6M$4.1M$5.7M$7.0M+106.6%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MIKE CHRZANOWSKI
Golf Course Superintendent· 40h/wk
$179,657$39,160
FRANK CARTA
Head Golf Professional· 40h/wk
$142,052$31,875

+ 15 unpaid officers/directors as reported (DAN SKELLY, DAVE LABANARA, DAWN HUDSON BEACH, +12 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$2,245,288
MEMBERSHIP ASSESSMENTS$1,411,321
INITIATION FEES$181,288

MMadison Country Club Inc reported $4.80M of revenue for FY23, at an operating margin of 28.6%. Revenue moved up 4.1% 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)
+ 11 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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