HEMP501(c)(7) · CONFIRMEDNAICS 713910EIN 11-0871370

Hempstead Golf Club Inc

Hempstead, NY · founded 1937
13 filings on recordFY 20112023high confidence
FY23 Total Revenue
$9.20M
▲ 1.0% YoY
FY23 Total Expenses
$9.42M
▲ 8.6% YoY
Operating Margin
-2.3%
revenue minus expenses ÷ revenue
Employees
220
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$9.2M
▲ 14.5% / 5y
8.08.38.39.19.2
Expenses
$9.4M
▲ 15.0% / 5y
8.28.08.08.79.4
Total Assets
$9.4M
▲ 1.0% / 5y
9.39.59.59.19.4
Total Liabilities
$4.1M
▼ 16.7% / 5y
4.94.44.43.64.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$8.0M$8.3M$8.3M$9.1M$9.2M+14.5%
Expenses$8.2M$8.0M$8.0M$8.7M$9.4M+15.0%
Net surplus-$150K$360K$360K$433K-$215K+43.3%
Total assets$9.3M$9.5M$9.5M$9.1M$9.4M+1.0%
Total liabilities$4.9M$4.4M$4.4M$3.6M$4.1M-16.7%
Net assets$4.4M$5.1M$5.1M$5.5M$5.3M+20.5%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JOSEPH TAMBORSKI
Golf Course Superintendent· 40h/wk
$260,926$17,833
JOHN BRISSON
General Manager· 40h/wk
$227,239$22,848
PETER NOTO
Executive Chef· 40h/wk
$186,402$22,848
LAURA MASSONI
Controller· 40h/wk
$156,139
COLIN MCCONHIE
Head Golf Professional· 40h/wk
$143,894$13,755

+ 15 unpaid officers/directors as reported (ANTHONY CAPONE, DAVID DEMILT, FRED FINLEY IV, +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$4,902,395
CAPITAL IMPROVEMENT ASSESSMENT$727,608
INITIATION FEES$129,340

HFounded in 1937, Hempstead Golf Club Inc reported $9.20M of revenue for FY23, at an operating margin of -2.3%. Revenue moved up 1.0% 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 Apr 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Apr 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Apr 30 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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