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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

SHOR501(c)(7) · MEDIUMNAICS 713910EIN 06-0534515

Shore & Country Club Inc

Norwalk, CT · founded 1944

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$6.69M

▲ 15.0% YoY

FY23 Total Expenses

$5.68M

▲ 11.9% YoY

Operating Margin

15.1%

revenue minus expenses ÷ revenue

Employees

151

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$6.7M

▲ 43.1% / 5y

Expenses

$5.7M

▲ 19.3% / 5y

Total Assets

$16.6M

▲ 11.1% / 5y

Total Liabilities

$4.3M

▼ 26.1% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$4.7M	$5.8M	$5.8M	$5.8M	$6.7M	+43.1%
Expenses	$4.8M	$4.6M	$4.6M	$5.1M	$5.7M	+19.3%
Net surplus	-$81K	$1.2M	$1.2M	$743K	$1.0M	-1358.3%
Total assets	$15.0M	$15.7M	$15.7M	$16.1M	$16.6M	+11.1%
Total liabilities	$5.8M	$5.1M	$5.1M	$4.7M	$4.3M	-26.1%
Net assets	$9.1M	$10.6M	$10.6M	$11.3M	$12.3M	+34.7%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
GZOZEF NICAJ General Manager· 40h/wk	$270,000	$8,549
JAMES RAMIREZ Executive Chef· 40h/wk	$164,000	$3,000
JOHN LARSEN Assistant General Manager· 40h/wk	$160,000	$20,257
ROBERT LEE HAASE MAINTENANCE DIRECTOR· 40h/wk	$105,941	$8,900

+ 15 unpaid officers/directors as reported (CATHERINE EAST, DENNIS PAPASTATHIS, DOMINIC ANTONACCI, +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 item	Amount
MEMBERSHIP DUES	$2,933,920
INITIATION FEES	$841,000
ASSESSMENTS	$830,793
MARINA RESERVE ASSESSM	$146,060

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$4.0M

▲ $3K new borrowing

Net land, buildings & equipment

$10.3M

book value, net of depreciation

Facility age

38%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

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	$314,099
Occupancy	$425,900
Depreciation & depletion	$509,819
Advertising & promotion	$12,672
Office expenses	$170,018
Legal fees	$6,933
Accounting fees	$113,717
Other professional fees	$126,293

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 SHORE & COUNTRY CLUB INC. 401K PLAN

pension · 35 participants · $714K 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.

SFounded in 1944, Shore & Country Club Inc reported $6.69M of revenue for FY23, at an operating margin of 15.1%. Revenue moved up 15.0% 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 Thu Nov 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2022 · period ending Wed Nov 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2021 · period ending Tue Nov 30 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

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