RIVE501(c)(7) · MEDIUMNAICS 713910EIN 21-0549040

Riverton Country Club

Cinnaminson, NJ · founded 1960
13 filings on recordFY 20122024medium confidence
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FY24 Total Revenue
$9.88M
▲ 9.9% YoY
FY24 Total Expenses
$8.88M
▲ 10.3% YoY
Operating Margin
10.2%
revenue minus expenses ÷ revenue
Employees
209
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$9.9M
▲ 58.7% / 5y
6.26.27.49.09.9
Expenses
$8.9M
▲ 59.3% / 5y
5.65.67.08.08.9
Total Assets
$18.0M
▲ 125.9% / 5y
8.08.09.911.618.0
Total Liabilities
$13.8M
▲ 112.5% / 5y
6.56.57.78.513.8

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$6.2M$6.2M$7.4M$9.0M$9.9M+58.7%
Expenses$5.6M$5.6M$7.0M$8.0M$8.9M+59.3%
Net surplus$653K$653K$450K$942K$1.0M+53.6%
Total assets$8.0M$8.0M$9.9M$11.6M$18.0M+125.9%
Total liabilities$6.5M$6.5M$7.7M$8.5M$13.8M+112.5%
Net assets$1.4M$1.4M$2.2M$3.1M$4.1M+186.1%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther
HANNAH LIBRIZZI
General Manager· 40h/wk
$153,412$9,845
ANDREW WHITE
GOLF SUPERINTENDENT· 40h/wk
$147,537$23,592
JUAN NUNEZ
Executive Chef· 40h/wk
$142,587

+ 12 unpaid officers/directors as reported (ADAM WATSON, CHARLIE HANNA, DAN GIANNETTO, +9 more)

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$3,476,244
CAPITAL ASSESSMENTS$1,124,912
SPECIAL ASSESMENTS$1,099,020
INITIATION FEES$332,992

Balance sheet & capital

FY24 · IRS Form 990, Part X
Mortgages & notes payable
$10.0M
$5.3M new borrowing
Net land, buildings & equipment
$15.2M
book value, net of depreciation
Facility age
46%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$2.5M$5.0M$7.5M$10.0MFY20 · $4.3MFY20FY21 · $4.3MFY21FY22 · $4.4MFY22FY23 · $4.7MFY23FY24 · $10.0MFY24

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

FY24 · Form 990, Part IX
Insurance$203,605
Occupancy$514,803
Depreciation & depletion$1,100,103
Information technology$44,796
Office expenses$240,701
Accounting fees$22,500
Other professional fees$38,594

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
THE RIVERTON COUNTRY CLUB 401(K) PLAN
pension · 72 participants · $723K 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.

RFounded in 1960, Riverton Country Club reported $9.88M of revenue for FY24, at an operating margin of 10.2%. Revenue moved up 9.9% 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, FY2024 · period ending Sun Mar 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
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)
+ 10 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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