OOLD501(c)(7) · MEDIUMNAICS 713910EIN 13-1723545

Old Oaks Country Club Inc

Purchase, NY · founded 1937
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$14.66M
▼ 6.1% YoY
FY23 Total Expenses
$17.70M
▲ 10.5% YoY
Operating Margin
-20.7%
revenue minus expenses ÷ revenue
Employees
175
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$14.7M
▲ 24.2% / 5y
11.814.014.015.614.7
Expenses
$17.7M
▲ 45.2% / 5y
12.212.612.616.017.7
Total Assets
$3.8M
▲ 36.8% / 5y
2.83.73.73.73.8
Total Liabilities
$11.5M
▲ 36.5% / 5y
8.48.08.08.411.5

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$11.8M$14.0M$14.0M$15.6M$14.7M+24.2%
Expenses$12.2M$12.6M$12.6M$16.0M$17.7M+45.2%
Net surplus-$381K$1.4M$1.4M-$401K-$3.0M+697.2%
Total assets$2.8M$3.7M$3.7M$3.7M$3.8M+36.8%
Total liabilities$8.4M$8.0M$8.0M$8.4M$11.5M+36.5%
Net assets-$5.7M-$4.3M-$4.3M-$4.7M-$7.8M+36.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
IWONA STERK
General Manager· 40h/wk
$371,560$60,025
DANIEL COCHRANE
Director of Racquets· 40h/wk
$278,994$7,459
NICHOLAS MASELLI
Head Golf Professional· 40h/wk
$251,604$36,032
JASON ANDERSON
Golf Course Superintendent· 40h/wk
$241,625$16,524
DEBRA MANUELE
Controller· 40h/wk
$167,099$40,851
ZSOFIA NAGY
HR DIRECTOR/ASST TO GM· 40h/wk
$130,411$28,067
JOHN MENZ
Executive Chef· 40h/wk
$125,705$7,278

+ 17 unpaid officers/directors as reported (ADAM SCHUR, ANDREW WEINBERG, CHARLES CALMLAN, +14 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$8,487,345
CAPITAL ASSESSMENTS$1,595,325
INITIATION FEES$654,567

OFounded in 1937, Old Oaks Country Club Inc reported $14.66M of revenue for FY23, at an operating margin of -20.7%. Revenue moved down 6.1% 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 Thu Nov 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Wed Nov 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Tue Nov 30 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 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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