| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $11.9M | $13.8M | $13.8M | $15.9M | $16.5M | +38.2% |
| Expenses | $12.3M | $12.0M | $12.0M | $13.1M | $14.9M | +21.0% |
| Net surplus | -$384K | $1.8M | $1.8M | $2.8M | $1.6M | -514.1% |
| Total assets | $25.4M | $45.6M | $45.6M | $48.2M | $48.0M | +88.8% |
| Total liabilities | $13.0M | $29.7M | $29.7M | $27.5M | $26.1M | +101.2% |
| Net assets | $12.4M | $15.9M | $15.9M | $20.7M | $21.9M | +75.8% |
| Officer · Employee | Reportable | Other |
|---|---|---|
ROBERT MUSICH GENERAL MANAGER/COO· 40h/wk | $477,306 | $36,826 |
MARIO GUERRA Head Golf Professional· 40h/wk | $386,046 | $30,658 |
THOMAS ASHFIELD Golf Course Superintendent· 40h/wk | $367,356 | $50,330 |
CHRIS GESUALDT Executive Chef· 40h/wk | $250,588 | $16,140 |
RICK BARDARI Assistant General Manager· 40h/wk | $185,000 | $13,163 |
ANN FREEMAN Controller· 40h/wk | $177,904 | $25,475 |
JORGE MUNGUIA CLUBHOUSE MANAGER· 40h/wk | $135,000 | $24,324 |
+ 15 unpaid officers/directors as reported (DAVID GROBAN, DEBRA MACK, EDWARD JACOBS, +12 more)
| Vendor | Service | Paid |
|---|---|---|
LABAR GOLF RENOVATIONS BERNARDSVILLE, NJ | GOLF COURSE RENOVATIONS | $493,948 |
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $8,276,356 |
| INITIATION FEES | $2,097,770 |
| CAPITAL ASSESSMENTS | $1,629,918 |
QFounded in 1938, Quaker Ridge Golf Club Inc reported $16.48M of revenue for FY23, at an operating margin of 9.6%. Revenue moved up 3.9% 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.