SSII501(c)(7) · MEDIUMNAICS 713910EIN 06-0536020

Silver Spring Country Club Incorporated

Ridgefield, CT · founded 1954
12 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$10.69M
▲ 8.6% YoY
FY23 Total Expenses
$10.15M
▲ 7.3% YoY
Operating Margin
5.1%
revenue minus expenses ÷ revenue
Employees
258
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$10.7M
▲ 41.3% / 5y
7.68.69.69.810.7
Expenses
$10.1M
▲ 40.9% / 5y
7.27.68.79.510.1
Total Assets
$17.8M
▲ 31.8% / 5y
13.516.817.416.817.8
Total Liabilities
$2.2M
▲ 228.3% / 5y
6622.92.71.72.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$7.6M$8.6M$9.6M$9.8M$10.7M+41.3%
Expenses$7.2M$7.6M$8.7M$9.5M$10.1M+40.9%
Net surplus$363K$1.0M$846K$381K$540K+48.6%
Total assets$13.5M$16.8M$17.4M$16.8M$17.8M+31.8%
Total liabilities$662K$2.9M$2.7M$1.7M$2.2M+228.3%
Net assets$12.9M$13.9M$14.7M$15.1M$15.7M+21.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
KARL HABIB
General Manager· 40h/wk
$299,387$11,954
WILLIAM CYGAN
Golf Course Superintendent· 40h/wk
$260,525$9,186
ROBERTO BIANCO
RACQUETS PRO· 40h/wk
$185,956$1,451
PATRICK LANGAN
Head Golf Professional· 40h/wk
$179,543$1,451
KEVIN AQUINO
Executive Chef· 40h/wk
$152,053$3,092
JAMIE SANTACROCE
Controller· 40h/wk
$149,808$3,557
KEVIN DUFFY
CLUBHOUSE MANAGER· 40h/wk
$108,423

+ 13 unpaid officers/directors as reported (ALISON LOMBARDI, BOB JONES, CARL KLEIN, +10 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
ROGERS MCCAGG
NORWALK, CT
ARCHITECTS$478,595
DOYLE COFFIN ARCHITECTURE
RIDGEFIELD, CT
ARCHITECTS$184,106
CLARK CONSTRUCTION
NEW MILFORD, CT
CONSTRUCTION$179,407

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$5,246,415
INITIATION FEES$1,264,989
SPECIAL ASSESSMENT$688,459
CAPITAL ASSESSMENT$604,798

SFounded in 1954, Silver Spring Country Club Incorporated reported $10.69M of revenue for FY23, at an operating margin of 5.1%. Revenue moved up 8.6% 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
live feed
The Quarterly · delivered free

Read the filings
before the board does.

Every new 990, every shift in the compensation bands, every notable year-over-year swing — compiled into one briefing each edition, for the people who actually run these clubs.

4,200+
GMs · controllers · board members
4×
a year · never more
Subscribe
Quarterly only · no spam · unsubscribe in one click

“I read it before our finance committee meets.”
— GM, top-50 club

Privacy PolicyDisclaimerMethodology© 2026 Country Club Intel
The Quarterly · free
The filings, the comp, the movers — four times a year.
Quarterly only · no spam · unsubscribe in one click