WIOO501(c)(7) · MEDIUMNAICS 713910EIN 06-0595440

Woodway Country Club Incorporated

Darien, CT · founded 1949
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$18.17M
▲ 8.3% YoY
FY23 Total Expenses
$19.32M
▲ 12.1% YoY
Operating Margin
-6.3%
revenue minus expenses ÷ revenue
Employees
362
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$18.2M
▲ 19.5% / 5y
15.214.916.016.818.2
Expenses
$19.3M
▲ 35.7% / 5y
14.213.815.417.219.3
Total Assets
$34.3M
▲ 15.9% / 5y
29.632.631.134.234.3
Total Liabilities
$12.6M
▲ 69.8% / 5y
7.49.37.911.412.6

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$15.2M$14.9M$16.0M$16.8M$18.2M+19.5%
Expenses$14.2M$13.8M$15.4M$17.2M$19.3M+35.7%
Net surplus$963K$1.1M$624K-$470K-$1.2M-219.7%
Total assets$29.6M$32.6M$31.1M$34.2M$34.3M+15.9%
Total liabilities$7.4M$9.3M$7.9M$11.4M$12.6M+69.8%
Net assets$22.1M$23.3M$23.3M$22.8M$21.6M-2.2%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MICHAEL CRAWFORD
Head Golf Professional· 40h/wk
$294,529$9,533
JEFFREY RAIDER
DIRECTOR OF F&B· 40h/wk
$261,135$11,631
STEPHEN MCVEY
GENERAL MANAGER (ENDED)· 40h/wk
$249,034$10,063
CHARLES MILOT JR
Head Tennis Professional· 40h/wk
$214,581$10,488
ANTHONY GARZIA
PROPERTY SUPERINTENDENT· 40h/wk
$212,884$17,207
PATRICK PREMDAS
Chief Financial Officer· 40h/wk
$169,769$17,479
AMY SHAY
PADDLE TENNIS PRO· 40h/wk
$108,309
MICHAEL MCHUGH
HEAD MECHANIC· 40h/wk
$103,301$14,418

+ 15 unpaid officers/directors as reported (ALLISON MCDERMOTT, ANDREW NELSON, CLAIRE TISCORNIA, +12 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
N&J PAINTING CONSTRUCTORS
STAMFORD, CT
PAINTING SERVICE$152,409

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
COUNTRY CLUB DUES$8,292,511
INITIATION FEES$2,230,260
CAPITAL ASSESSMENTS$918,734
SUMMER ASSOCIATE DUES$475,000

WFounded in 1949, Woodway Country Club Incorporated reported $18.17M of revenue for FY23, at an operating margin of -6.3%. Revenue moved up 8.3% 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 Tue Oct 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Oct 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sun Oct 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 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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