INWO501(c)(7) · MEDIUMNAICS 713910EIN 11-0908748

Inwood Country Club

Inwood, NY · founded 1934
14 filings on recordFY 20102023medium confidence
FY23 Total Revenue
$7.80M
▼ 9.0% YoY
FY23 Total Expenses
$7.48M
▼ 3.1% YoY
Operating Margin
4.2%
revenue minus expenses ÷ revenue
Employees
116
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$7.8M
▲ 18.2% / 5y
6.67.67.68.67.8
Expenses
$7.5M
▲ 20.6% / 5y
6.26.96.97.77.5
Total Assets
$10.7M
▲ 5.9% / 5y
10.111.411.410.910.7
Total Liabilities
$11.1M
▼ 17.5% / 5y
13.413.013.011.611.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$6.6M$7.6M$7.6M$8.6M$7.8M+18.2%
Expenses$6.2M$6.9M$6.9M$7.7M$7.5M+20.6%
Net surplus$399K$693K$693K$863K$324K-18.8%
Total assets$10.1M$11.4M$11.4M$10.9M$10.7M+5.9%
Total liabilities$13.4M$13.0M$13.0M$11.6M$11.1M-17.5%
Net assets-$3.4M-$1.6M-$1.6M-$731K-$406K-87.9%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JAMES BUONAIUTO
General Manager· 40h/wk
$187,116
TIMOTHY FALVEY
Golf Course Superintendent· 40h/wk
$170,038$9,057
JOSEPH COMUNALE
Executive Chef· 40h/wk
$150,646$25,813
DEANN PARSONS-LOPEZ
Controller· 40h/wk
$135,908
KYLE HIGGINS
Head Golf Professional· 40h/wk
$126,787

+ 12 unpaid officers/directors as reported (BRIAN ZIEGLER, DAN FAIRCLOUGH, DANIEL FRIEDMAN, +9 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$4,473,977
CAPITAL ASSESSMENTS$427,840
INITIATION FEES$288,984
DEBT ASSESSMENT & SURC$148,143

IFounded in 1934, Inwood Country Club reported $7.80M of revenue for FY23, at an operating margin of 4.2%. Revenue moved down 9.0% 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)
+ 11 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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