GCAR501(c)(7) · MEDIUMNAICS 713910EIN 11-1122750

Garden City Country Club Inc

Garden City, NY · founded 1945
14 filings on recordFY 20102023medium confidence
FY23 Total Revenue
$10.59M
▲ 11.6% YoY
FY23 Total Expenses
$8.79M
▲ 4.6% YoY
Operating Margin
17.0%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$10.6M
▲ 38.9% / 5y
7.66.98.59.510.6
Expenses
$8.8M
▲ 23.4% / 5y
7.15.87.38.48.8
Total Assets
$17.6M
▲ 22.1% / 5y
14.414.515.616.417.6
Total Liabilities
$3.2M
▼ 37.5% / 5y
5.24.24.13.83.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$7.6M$6.9M$8.5M$9.5M$10.6M+38.9%
Expenses$7.1M$5.8M$7.3M$8.4M$8.8M+23.4%
Net surplus$500K$1.1M$1.2M$1.1M$1.8M+259.8%
Total assets$14.4M$14.5M$15.6M$16.4M$17.6M+22.1%
Total liabilities$5.2M$4.2M$4.1M$3.8M$3.2M-37.5%
Net assets$9.2M$10.3M$11.5M$12.6M$14.3M+55.6%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
AZ-DINE BOUCETTA
General Manager· 40h/wk
$253,060$50,115
RUSSELL MAC PHAIL
Golf Course Superintendent· 40h/wk
$206,130$8,637
JOHN KUNTZ
Head Golf Professional· 40h/wk
$198,874$174
ANDREW T KRUG
Executive Chef· 40h/wk
$168,423$9,370
CHRISTOPHER EDMONDS
ASSISTANT GREENS SUPERINTEDENT· 40h/wk
$107,440$1,831
BERNADETTE MARTIN
MEMBER/SERVICES BANQUETS· 40h/wk
$102,490$174

+ 15 unpaid officers/directors as reported (ANDREW DTORTO, ANTHONY J SARKIS, CHRISTOPHER M DOWD, +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$4,687,636
INITIATION FEES$606,171
MONTHLY RENOV. ASSESS.$508,290
MORTGAGE ASSESS.$311,049
CAPITAL IMP. ASSESS.$247,479

GFounded in 1945, Garden City Country Club Inc reported $10.59M of revenue for FY23, at an operating margin of 17.0%. Revenue moved up 11.6% 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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