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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

SFOU501(c)(7) · MEDIUMNAICS 713910EIN 11-1960057

South Fork Country Club Inc

Amagansett, NY · founded 1961

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$10.60M

▲ 56.4% YoY

FY23 Total Expenses

$6.89M

▲ 18.5% YoY

Operating Margin

35.0%

revenue minus expenses ÷ revenue

Employees

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$10.6M

▲ 83.9% / 5y

Expenses

$6.9M

▲ 50.4% / 5y

Total Assets

$27.6M

▲ 58.8% / 5y

Total Liabilities

$4.4M

▲ 1085.3% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$5.8M	$6.4M	$6.4M	$6.8M	$10.6M	+83.9%
Expenses	$4.6M	$5.4M	$5.4M	$5.8M	$6.9M	+50.4%
Net surplus	$1.2M	$1.1M	$1.1M	$966K	$3.7M	+213.3%
Total assets	$17.4M	$20.1M	$20.1M	$22.8M	$27.6M	+58.8%
Total liabilities	$368K	$1.2M	$1.2M	$3.2M	$4.4M	+1085.3%
Net assets	$17.0M	$19.0M	$19.0M	$19.6M	$23.3M	+36.6%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
TIMOTHY GARVIN DIRECTOR OF GOLF & CLUB OPERATIONS· 50h/wk	$300,084	$7,949
FRANK BELLUCCI IV Golf Course Superintendent· 50h/wk	$263,266	$42,463
MATTHEW ROSS Executive Chef· 50h/wk	$205,594	$5,460
SUSAN WILSON Controller· 40h/wk	$144,904	$16,267
CHRISTOPHER THOMAS CLUBHOUSE MANAGER· 50h/wk	$123,597	$15,664
JAMES CARTER ASSISTANT GOLF COURSE SUPERINTENDENT· 50h/wk	$114,137	$14,970
NICHOLAS MILOSCIA ASSISTANT GOLF COURSE SUPERINTENDENT· 50h/wk	$111,222	$29,757

+ 11 unpaid officers/directors as reported (ALEX ESPOSITO, ALEX FRANK, ALEX WALTER, +8 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
Storr Tractor Co RONKONKOMA, NY	COURSE EQUIPMENT AND MATERIALS	$264,221
Friends Irrigation Inc DEER PARK, NY	Turf & grounds	$129,517

Revenue by activity

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

Line item	Amount
INITIATION FEES	$4,485,300
MEMBERSHIP DUES	$3,614,061
CAPITAL MAINTENANCE CH	$359,715

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$4.1M

▲ $1.7M new borrowing

Net land, buildings & equipment

$20.2M

book value, net of depreciation

Facility age

31%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

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	$247,270
Occupancy	$249,404
Depreciation & depletion	$1,150,717
Office expenses	$672,161
Legal fees	$16,668
Accounting fees	$19,098

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.

SFounded in 1961, South Fork Country Club Inc reported $10.60M of revenue for FY23, at an operating margin of 35.0%. Revenue moved up 56.4% 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)

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