ATLA501(c)(7) · MEDIUMNAICS 713910EIN 13-3491367

Atlantic Golf Club Inc

Bridgehampton, NY · founded 1989
14 filings on recordFY 20102023medium confidence
FY23 Total Revenue
$15.09M
▲ 24.1% YoY
FY23 Total Expenses
$11.29M
▲ 5.3% YoY
Operating Margin
25.2%
revenue minus expenses ÷ revenue
Employees
104
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$15.1M
▲ 60.0% / 5y
9.49.49.412.215.1
Expenses
$11.3M
▲ 27.1% / 5y
8.99.39.310.711.3
Total Assets
$43.3M
▲ 15.9% / 5y
37.437.437.439.843.3
Total Liabilities
$6.5M
▲ 64.1% / 5y
4.04.34.35.76.5

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$9.4M$9.4M$9.4M$12.2M$15.1M+60.0%
Expenses$8.9M$9.3M$9.3M$10.7M$11.3M+27.1%
Net surplus$552K$10K$10K$1.4M$3.8M+589.5%
Total assets$37.4M$37.4M$37.4M$39.8M$43.3M+15.9%
Total liabilities$4.0M$4.3M$4.3M$5.7M$6.5M+64.1%
Net assets$33.4M$33.1M$33.1M$34.1M$36.8M+10.2%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
RICHARD E HARTMANN
Head Golf Professional· 40h/wk
$645,445$37,380
SCOTT KLOSTER
General Manager· 40h/wk
$399,502$55,297
ANTHONY J STALTERS
Golf Course Superintendent· 40h/wk
$264,402$24,163
VERONIKA SEMSAKOVA
Controller· 40h/wk
$156,189$38,998
DARRYL FORD
Executive Chef· 40h/wk
$153,363$46,125
COREY LAYTON
ASST. GOLF PROFESSIONAL· 40h/wk
$141,711$27,538
KAREN KOOI
Assistant General Manager· 40h/wk
$136,751$31,139

+ 11 unpaid officers/directors as reported (ADAM SHAPIRO, CAMILLA LOCKER, COREY METZ, +8 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
PAUL DICKINSON
MONTAUK, NY
TEACHING PROFESSIONAL$152,105
RENEE SKIDMORE LLC
W PALM BEACH GARDENS, FL
TEACHING PROFESSIONAL$132,815
JOSE ANDRADE PAINTING
HAMPTON BAYS, NY
PAINTING$128,347
WJM CONSULTING LLC
SAG HARBOR, NY
CONSULTING$125,000
R&A CONSULTING SERVICES LLC
MURRLLES INLET, SC
CONSULTING$125,000

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$7,449,450
INITIATION FEES$5,075,000

AFounded in 1989, Atlantic Golf Club Inc reported $15.09M of revenue for FY23, at an operating margin of 25.2%. Revenue moved up 24.1% 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 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
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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