RUMS501(c)(7) · MEDIUMNAICS 713910EIN 21-0553100

Rumson Country Club

Rumson, NJ · founded 1934
14 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$15.10M
▲ 27.2% YoY
FY23 Total Expenses
$12.18M
▲ 12.5% YoY
Operating Margin
19.3%
revenue minus expenses ÷ revenue
Employees
266
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2023 · as filed
Revenue
$15.1M
▲ 28.9% / 5y
11.77.611.711.915.1
Expenses
$12.2M
▲ 22.2% / 5y
10.06.810.010.812.2
Total Assets
$30.8M
▲ 42.6% / 5y
21.621.721.625.930.8
Total Liabilities
$6.4M
▲ 428.5% / 5y
1.23.11.24.46.4

Year-on-year detail

from IRS Form 990
LineFY20FY20FY21FY22FY23Δ total
Revenue$11.7M$7.6M$11.7M$11.9M$15.1M+28.9%
Expenses$10.0M$6.8M$10.0M$10.8M$12.2M+22.2%
Net surplus$1.8M$793K$1.8M$1.0M$2.9M+66.9%
Total assets$21.6M$21.7M$21.6M$25.9M$30.8M+42.6%
Total liabilities$1.2M$3.1M$1.2M$4.4M$6.4M+428.5%
Net assets$20.4M$18.6M$20.4M$21.5M$24.4M+19.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
BEN STOVER
DIRECTOR OF GROUNDS & FACILITIES· 40h/wk
$287,211$27,279
RAFAEL COUTINHO
RACQUETS DIRECTOR· 40h/wk
$211,269$14,233
SUSAN PINTO
Chief Financial Officer· 40h/wk
$204,412$13,864
CINDY WILLIAMS
DIRECTOR OF CLUB OPERATIOS· 40h/wk
$174,211$12,900
ROB ALBANESE
Food & Beverage Director· 40h/wk
$143,923$522
DAN BENJAMIN
Executive Chef· 40h/wk
$141,323$22,800
KELLY LADOW
Head Golf Professional· 40h/wk
$132,190$22,621

+ 14 unpaid officers/directors as reported (ART TILDELY, DAVID TIERNEY, DENIS DEVINE, +11 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$6,175,894
BUILDING ASSESSMENT$2,862,837
INITIATION FEES$714,953
CAPITAL ASSESSMENTS$634,164
PROPERTY TAX ASSESSMEN$134,804

RFounded in 1934, Rumson Country Club reported $15.10M of revenue for FY23, at an operating margin of 19.3%. Revenue moved up 27.2% 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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