CENT501(c)(7) · MEDIUMNAICS 713910EIN 13-1701037
Century Country Club
Purchase, NY · founded 1946
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$15.42M
▲ 14.4% YoY
FY23 Total Expenses
$13.84M
▼ 14.8% YoY
Operating Margin
10.3%
revenue minus expenses ÷ revenue
Employees
144
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$15.4M
▲ 26.9% / 5y
Expenses
$13.8M
▲ 26.5% / 5y
Total Assets
$11.3M
▲ 9.0% / 5y
Total Liabilities
$10.5M
▲ 11.3% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $12.2M | $12.7M | $12.7M | $13.5M | $15.4M | +26.9% |
| Expenses | $10.9M | $12.7M | $12.7M | $16.2M | $13.8M | +26.5% |
| Net surplus | $1.2M | -$49K | -$49K | -$2.8M | $1.6M | +31.0% |
| Total assets | $10.4M | $11.9M | $11.9M | $11.8M | $11.3M | +9.0% |
| Total liabilities | $9.4M | $9.9M | $9.9M | $12.6M | $10.5M | +11.3% |
| Net assets | $902K | $2.0M | $2.0M | -$795K | $758K | -16.0% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
BURTON WARD CONSULTANT· 48h/wk | $437,500 | $46,425 |
KEVIN SEIBEL GREEN SUPERINTENDENT· 48h/wk | $315,269 | $42,252 |
JOHN TIENG General Manager· 48h/wk | $275,153 | $41,955 |
GERARD RESNICK Executive Chef· 48h/wk | $264,419 | $38,760 |
LOWELL MOUSTAKAS Controller· 48h/wk | $174,362 | $40,831 |
+ 18 unpaid officers/directors as reported (ADAM J COMAORA, ALAN KLEIN, BARBARA ISRAEL, +15 more)
Top contractors
FY23 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES & PRIVILEGES | $9,363,049 |
| INITIATION FEES | $1,637,348 |
| CAPITAL ASSESSMENTS | $1,513,436 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$5.7M
book value, net of depreciation
Facility age
6%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $294,858 |
| Occupancy | $720,932 |
| Information technology | $14,112 |
| Office expenses | $289,092 |
| Legal fees | $25,726 |
| Accounting fees | $35,549 |
| Other professional fees | $106,609 |
CFounded in 1946, Century Country Club reported $15.42M of revenue for FY23, at an operating margin of 10.3%. Revenue moved up 14.4% 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
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