NOYA501(c)(7) · MEDIUMNAICS 713910EIN 11-6023340
Noyac Golf Club Inc
Sag Harbor, NY · founded 1981
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$12.92M
▲ 18.8% YoY
FY23 Total Expenses
$10.64M
▲ 13.7% YoY
Operating Margin
17.6%
revenue minus expenses ÷ revenue
Employees
91
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$12.9M
▲ 58.0% / 5y
Expenses
$10.6M
▲ 43.8% / 5y
Total Assets
$29.0M
▲ 32.1% / 5y
Total Liabilities
$2.3M
▼ 28.6% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $8.2M | $11.0M | $11.0M | $10.9M | $12.9M | +58.0% |
| Expenses | $7.4M | $8.6M | $8.6M | $9.4M | $10.6M | +43.8% |
| Net surplus | $778K | $2.4M | $2.4M | $1.5M | $2.3M | +193.0% |
| Total assets | $21.9M | $25.3M | $25.3M | $26.7M | $29.0M | +32.1% |
| Total liabilities | $3.3M | $2.5M | $2.5M | $2.4M | $2.3M | -28.6% |
| Net assets | $18.7M | $22.8M | $22.8M | $24.3M | $26.6M | +42.7% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
JESSE R SMITH General Manager· 60h/wk | $322,304 | $43,661 |
BRIAN GOLESKI Golf Course Superintendent· 60h/wk | $298,775 | $37,897 |
PATRICK GUNNING PRO· 60h/wk | $187,954 | $39,595 |
GARY WILSON JR HEAD MECHANIC· 60h/wk | $163,673 | $13,860 |
LAURA VAN BINSBERGEN Controller· 60h/wk | $150,226 | $5,806 |
+ 15 unpaid officers/directors as reported (BILL BELLOLI, GEOFFREY ARENS, JAMES FOLLO, +12 more)
Top contractors
FY23 · vendors paid $100k+ as reported
| Vendor | Service | Paid |
|---|---|---|
| J Carleton Contracting Inc MILLER PLACE, NY | INTERIOR REPAIRS | $548,078 |
| Storr Tractor Co BRANCHBURG, NJ | Management services | $344,906 |
| Southampton Excavation SOUTHAMPTON, NY | TOPSOIL, SAND, REMOVAL OF DEBRIS | $324,289 |
| Navitas Credit PONTE VEDRA, FL | EQUIPMENT LEASES | $319,960 |
| Xgd Systems LLC JENSEN BEACH, FL | Construction & renovation | $300,412 |
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $5,922,587 |
| INITIATION FEES | $5,171,500 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$2.1M
▲ $138K new borrowing
Net land, buildings & equipment
$19.6M
book value, net of depreciation
Facility age
54%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $194,135 |
| Occupancy | $438,428 |
| Depreciation & depletion | $2,505,688 |
| Information technology | $57,055 |
| Office expenses | $332,380 |
| Accounting fees | $7,000 |
| Other professional fees | $91,163 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
NOYAC GOLF CLUB 401(K) PROFIT SHARING PLAN & TRUST
pension · 57 participants · $3.9M assets · FY2024
NFounded in 1981, Noyac Golf Club Inc reported $12.92M of revenue for FY23, at an operating margin of 17.6%. Revenue moved up 18.8% 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
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