MLED501(c)(7) · MEDIUMNAICS 713910EIN 21-0512300

Medford Lakes Country Club

Medford, NJ · founded 1959
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$3.36M
▲ 37.8% YoY
FY23 Total Expenses
$2.54M
▲ 42.8% YoY
Operating Margin
24.3%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$3.4M
▲ 119.6% / 5y
1.51.41.42.43.4
Expenses
$2.5M
▲ 59.2% / 5y
1.61.61.61.82.5
Total Assets
$2.8M
▲ 177.3% / 5y
1.01.41.42.62.8
Total Liabilities
$2.3M
▲ 3.7% / 5y
2.22.82.82.72.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.5M$1.4M$1.4M$2.4M$3.4M+119.6%
Expenses$1.6M$1.6M$1.6M$1.8M$2.5M+59.2%
Net surplus-$68K-$168K-$168K$654K$814K-1298.8%
Total assets$1.0M$1.4M$1.4M$2.6M$2.8M+177.3%
Total liabilities$2.2M$2.8M$2.8M$2.7M$2.3M+3.7%
Net assets-$1.2M-$1.4M-$1.4M-$131K$524K-143.2%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 8 unpaid officers/directors as reported (Biran Summerville, Donald Willer, James Fairbanks, +5 more)

All 8 listed officers reported $0 compensation — volunteer board.

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
Dues and Assessments$1,976,213
Other$258,378
Greens Fees$187,355
Golf Cart Rentals$151,722
Locker Rentals$12,750

MFounded in 1959, Medford Lakes Country Club reported $3.36M of revenue for FY23, at an operating margin of 24.3%. Revenue moved up 37.8% 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 Fri Mar 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Thu Mar 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Wed Mar 31 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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