MRAN501(c)(7) · MEDIUMNAICS 713910EIN 21-0506150
Manasquan River Golf Club
Brielle, NJ · founded 1947
14 filings on recordFY 2010–2023medium confidence
Compare to peers →FY23 Total Revenue
$9.35M
▲ 6.9% YoY
FY23 Total Expenses
$9.15M
▲ 5.5% YoY
Operating Margin
2.1%
revenue minus expenses ÷ revenue
Employees
209
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$9.3M
▲ 19.4% / 5y
Expenses
$9.2M
▲ 24.3% / 5y
Total Assets
$17.9M
▲ 4.1% / 5y
Total Liabilities
$5.1M
▼ 11.9% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $7.8M | $9.0M | $9.0M | $8.7M | $9.3M | +19.4% |
| Expenses | $7.4M | $8.1M | $8.1M | $8.7M | $9.2M | +24.3% |
| Net surplus | $465K | $928K | $928K | $71K | $197K | -57.7% |
| Total assets | $17.2M | $17.7M | $17.7M | $18.8M | $17.9M | +4.1% |
| Total liabilities | $5.8M | $5.0M | $5.0M | $6.2M | $5.1M | -11.9% |
| Net assets | $11.4M | $12.7M | $12.7M | $12.7M | $12.8M | +12.3% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
MICHAEL ZUSACK COO· 40h/wk | $359,085 | $61,556 |
MATTHEW MORROW Golf Course Superintendent· 40h/wk | $229,215 | $3,957 |
RYAN BRENNAN General Manager· 40h/wk | $201,769 | $68,219 |
CHRISTOPHER DYMEK Head Golf Professional· 40h/wk | $140,674 | $7,890 |
+ 13 unpaid officers/directors as reported (ALBERT DEL MAESTRO JR, DARA BROWN, FRANK BAIER JR, +10 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 | $3,721,980 |
| CAPITAL ASSESSMENT | $1,014,967 |
| INITIATION FEES | $704,500 |
| BUILDING FUND | $440,980 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$1.8M
▼ $578K paid down
Net land, buildings & equipment
$11.6M
book value, net of depreciation
Facility age
64%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $176,004 |
| Occupancy | $609,446 |
| Depreciation & depletion | $1,244,770 |
| Information technology | $6,336 |
| Office expenses | $138,610 |
| Accounting fees | $88,354 |
| Other professional fees | $47,136 |
MFounded in 1947, Manasquan River Golf Club reported $9.35M of revenue for FY23, at an operating margin of 2.1%. Revenue moved up 6.9% 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
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