AVSP501(c)(7) · MEDIUMNAICS 713910EIN 06-0841479

Aspetuck Valley Country Club Inc

Weston, CT · founded 1968
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$10.99M
▲ 13.0% YoY
FY23 Total Expenses
$9.21M
▲ 1.4% YoY
Operating Margin
16.2%
revenue minus expenses ÷ revenue
Employees
26
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$11.0M
▲ 45.0% / 5y
7.67.69.29.711.0
Expenses
$9.2M
▲ 15.5% / 5y
8.07.68.89.19.2
Total Assets
$19.3M
▲ 36.8% / 5y
14.114.313.915.819.3
Total Liabilities
$8.5M
▲ 43.8% / 5y
5.96.35.46.78.5

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$7.6M$7.6M$9.2M$9.7M$11.0M+45.0%
Expenses$8.0M$7.6M$8.8M$9.1M$9.2M+15.5%
Net surplus-$388K-$13K$450K$641K$1.8M-559.2%
Total assets$14.1M$14.3M$13.9M$15.8M$19.3M+36.8%
Total liabilities$5.9M$6.3M$5.4M$6.7M$8.5M+43.8%
Net assets$8.2M$8.1M$8.5M$9.1M$10.8M+31.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
LUCA LOWNES
Golf Course Superintendent· 40h/wk
$263,285$16,882
RENAUD AMMON
General Manager· 40h/wk
$256,279$17,557
GERARD CLINTON
Executive Chef· 40h/wk
$220,598$10,583
MICHAEL HEALY
Controller· 40h/wk
$163,102$12,192
JACK POWERS
Head Golf Professional· 40h/wk
$147,312
DIANA NAVROTSKS
Head Tennis Professional· 40h/wk
$106,777$5,755

+ 11 unpaid officers/directors as reported (ADAM KLIMEK, ALEZANDER CHRISTON, BOB RAHILLY, +8 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
MEMBERS DUES$5,111,350
CAPITAL IMPROVEMENT AS$2,150,524
INITIATION FEES$979,668

AFounded in 1968, Aspetuck Valley Country Club Inc reported $10.99M of revenue for FY23, at an operating margin of 16.2%. Revenue moved up 13.0% 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 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)
+ 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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