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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

NAAT501(c)(7) · MEDIUMNAICS 713910EIN 11-1116840

National Golf Links Of America

Southampton, NY · founded 1965

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$13.83M

▲ 14.2% YoY

FY23 Total Expenses

$12.47M

▲ 19.9% YoY

Operating Margin

9.8%

revenue minus expenses ÷ revenue

Employees

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$13.8M

▲ 38.8% / 5y

Expenses

$12.5M

▲ 17.1% / 5y

Total Assets

$12.2M

▲ 77.9% / 5y

Total Liabilities

$5.4M

▼ 38.1% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$10.0M	$12.6M	$12.6M	$12.1M	$13.8M	+38.8%
Expenses	$10.7M	$11.6M	$11.6M	$10.4M	$12.5M	+17.1%
Net surplus	-$683K	$989K	$989K	$1.7M	$1.4M	-298.9%
Total assets	$6.9M	$9.4M	$9.4M	$9.8M	$12.2M	+77.9%
Total liabilities	$8.8M	$7.5M	$7.5M	$4.4M	$5.4M	-38.1%
Net assets	-$1.9M	$1.9M	$1.9M	$5.3M	$6.8M	-451.2%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
WILLIAM B SALINETTI III Golf Course Superintendent· 60h/wk	$558,258	$140,971
ELLIOTT JOHNSON HEAD PRO· 40h/wk	$436,127	$34,161
GERARD GAGLIARDO MANAGER· 40h/wk	$277,640	$38,558
GEORGE KAST ASST MANAGER· 40h/wk	$249,029	$51,093
LORETA BUDRAITYTE Controller· 30h/wk	$199,446	$35,395
CHRISTOPHER MAYSON DIRECTOR OF INSTRUCTION· 40h/wk	$164,026	$110,586
ROBERT RENNER MECHANIC· 40h/wk	$151,380	$21,415

+ 15 unpaid officers/directors as reported (BART A JOHNSTON, GERARD L SMITH, HENRY A WILMERDING III, +12 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
Visions Designers-Builders Inc HUNTINGTON, NY	Construction & renovation	$1,045,605

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBERSHIP DUES	$4,958,050
INITIATION FEES	$2,420,000

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

—

end of year

Net land, buildings & equipment

$350K

book value, net of depreciation

Facility age

41%

accumulated depreciation ÷ cost — higher = older plant

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX

Insurance	$315,048
Occupancy	$461,382
Depreciation & depletion	$431,716
Office expenses	$674,149
Legal fees	$6,300
Accounting fees	$33,777
Other professional fees	$28,597

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

NATIONAL GOLF LINKS OF AMERICA 401(K) PROFIT SHARING PLAN AND TRUST PLAN

pension · 72 participants · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

NFounded in 1965, National Golf Links Of America reported $13.83M of revenue for FY23, at an operating margin of 9.8%. Revenue moved up 14.2% 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)

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