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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

NHOR501(c)(7) · MEDIUMNAICS 713910EIN 11-1139700

North Hills Country Club Inc

Manhasset, NY · founded 1941

13 filings on recordFY 2010–2023medium confidence

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FY23 Total Revenue

$12.29M

▲ 21.2% YoY

FY23 Total Expenses

$10.89M

▲ 9.1% YoY

Operating Margin

11.4%

revenue minus expenses ÷ revenue

Employees

226

headcount as reported on filing

The Five-Year Picture

FY2018 — FY2023 · as filed

Revenue

$12.3M

▲ 58.0% / 5y

Expenses

$10.9M

▲ 35.8% / 5y

Total Assets

$13.2M

▲ 61.4% / 5y

Total Liabilities

$5.6M

▲ 85.8% / 5y

Year-on-year detail

from IRS Form 990

Line	FY18	FY19	FY20	FY21	FY23	Δ total
Revenue	$7.8M	$7.5M	$10.1M	$10.1M	$12.3M	+58.0%
Expenses	$8.0M	$7.7M	$10.0M	$10.0M	$10.9M	+35.8%
Net surplus	-$237K	-$247K	$162K	$162K	$1.4M	-692.4%
Total assets	$8.2M	$7.3M	$8.7M	$8.7M	$13.2M	+61.4%
Total liabilities	$3.0M	$2.4M	$3.6M	$3.6M	$5.6M	+85.8%
Net assets	$5.2M	$4.9M	$5.1M	$5.1M	$7.6M	+47.3%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
JOHN VENEZIANO General Manager· 60h/wk	$265,008	$31,723
CHRIS NYLON Executive Chef· 60h/wk	$210,000	$31,014
TIM BENEDICT Golf Course Superintendent· 60h/wk	$173,999	$31,064

+ 9 unpaid officers/directors as reported (ANTHONY GIARDINA, ANTHONY LOPRESTI, FRANCIS KORZEKWINSKI, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
National Lawn Sprinklers WHITE PLAINS, NY	Turf & grounds	$1,898,484
Michael Caporale MANHASSET, NY	Management services	$520,978

Revenue by activity

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

Line item	Amount
MEMBERSHIP DUES	$5,477,238
CAPITAL IMPROV. ASSESS	$1,254,562
INTIATION FEES	$186,500

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$2.7M

▲ $2.1M new borrowing

Net land, buildings & equipment

$9.9M

book value, net of depreciation

Facility age

63%

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	$289,148
Occupancy	$790,644
Depreciation & depletion	$914,663
Office expenses	$509,747
Legal fees	$16,462
Accounting fees	$34,514
Other professional fees	$108,075

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

NORTH HILLS COUNTRY CLUB 401(K) PLAN

pension · 80 participants · $2.9M assets · 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 1941, North Hills Country Club Inc reported $12.29M of revenue for FY23, at an operating margin of 11.4%. Revenue moved up 21.2% 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 Sun Dec 31 2023 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)

▸ Form 990, FY2020 · period ending Thu Dec 31 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

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