QRUA501(c)(7) · CONFIRMEDNAICS 713910EIN 13-1726234

Quaker Ridge Golf Club Inc

Scarsdale, NY · founded 1938
14 filings on recordFY 20102023high confidence
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FY23 Total Revenue
$16.48M
▲ 3.9% YoY
FY23 Total Expenses
$14.89M
▲ 13.5% YoY
Operating Margin
9.6%
revenue minus expenses ÷ revenue
Employees
158
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$16.5M
▲ 38.2% / 5y
11.913.813.815.916.5
Expenses
$14.9M
▲ 21.0% / 5y
12.312.012.013.114.9
Total Assets
$48.0M
▲ 88.8% / 5y
25.445.645.648.248.0
Total Liabilities
$26.1M
▲ 101.2% / 5y
13.029.729.727.526.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ 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 & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
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)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
Labar Golf Renovations
BERNARDSVILLE, NJ
Construction & renovation$493,948

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$8,276,356
INITIATION FEES$2,097,770
CAPITAL ASSESSMENTS$1,629,918

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$19.1M
$1.9M paid down
Net land, buildings & equipment
$42.1M
book value, net of depreciation
Facility age
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$5.6M$11.2M$16.8M$22.4MFY20 · $22.4MFY20FY21 · $22.4MFY21FY22 · $21.0MFY22FY23 · $19.1MFY23

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$628,328
Occupancy$670,499
Information technology$58,350
Office expenses$271,614
Legal fees$1,127
Accounting fees$33,000
Other professional fees$29,963

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.

Retirement & benefit plans

DOL Form 5500 · plan sponsors
QUAKER RIDGE GOLF CLUB 401(K) RETIREMENT PLAN
pension · 26 participants · $3.4M assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

Seasonal labor

DOL OFLC · certified H-2B positions
RoleWage floor (annualized)WorkersSeason
Waiters and Waitresses
Scarsdale, NY
$51K13Apr 2025 → Oct 2025

Positions the club certified through the U.S. Department of Labor’s H-2B program — an independent, government wage floor for rank-and-file roles the Form 990 never itemizes. Decision-maker contact available to members →

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.

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)
+ 11 more · via ProPublica
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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