ARCO501(c)(7) · MEDIUMNAICS 713910EIN 22-0740670

Arcola Country Club

Paramus, NJ · founded 1946
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$10.29M
▲ 28.0% YoY
FY23 Total Expenses
$7.73M
▲ 4.5% YoY
Operating Margin
24.8%
revenue minus expenses ÷ revenue
Employees
165
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$10.3M
▲ 48.4% / 5y
6.97.67.68.010.3
Expenses
$7.7M
▲ 12.6% / 5y
6.96.36.37.47.7
Total Assets
$16.1M
▲ 41.7% / 5y
11.412.912.913.616.1
Total Liabilities
$6.9M
▲ 1.9% / 5y
6.86.86.87.06.9

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$6.9M$7.6M$7.6M$8.0M$10.3M+48.4%
Expenses$6.9M$6.3M$6.3M$7.4M$7.7M+12.6%
Net surplus$68K$1.3M$1.3M$639K$2.6M+3684.6%
Total assets$11.4M$12.9M$12.9M$13.6M$16.1M+41.7%
Total liabilities$6.8M$6.8M$6.8M$7.0M$6.9M+1.9%
Net assets$4.6M$6.0M$6.0M$6.7M$9.2M+100.8%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
PAUL DOTTI
GC SUPRINTENDENT· 75h/wk
$242,737$12,830
CHAD CHADWELL
General Manager· 45h/wk
$196,428$9,529
PAUL WALSTAD
FMR CONTROLLER/BUSINESS MANAGER· 45h/wk
$150,443$4,498
ANGEL CAMACHO
EXCEUTIVE CHEF· 45h/wk
$144,353$6,813
GRANT STURGEON
Head Golf Professional· 45h/wk
$113,698$6,342

+ 12 unpaid officers/directors as reported (ALEX VON SUMMER, ANTHONY LABOZZETTA, CHRIS LACK, +9 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$3,981,844
CAPITAL ASSESSMENTS$2,752,614
INITATION FEE$938,827

AFounded in 1946, Arcola Country Club reported $10.29M of revenue for FY23, at an operating margin of 24.8%. Revenue moved up 28.0% 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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