| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $24.0M | $21.0M | $21.0M | $26.5M | $29.2M | +21.8% |
| Expenses | $21.7M | $19.8M | $19.8M | $25.5M | $27.0M | +24.7% |
| Net surplus | $2.3M | $1.1M | $1.1M | $1.0M | $2.2M | -5.9% |
| Total assets | $55.7M | $71.3M | $71.3M | $73.5M | $75.9M | +36.2% |
| Total liabilities | $5.5M | $4.9M | $4.9M | $6.4M | $6.7M | +22.1% |
| Net assets | $50.2M | $66.4M | $66.4M | $67.2M | $69.1M | +37.7% |
| Officer · Employee | Reportable | Other |
|---|---|---|
KEVIN VITALE General Manager· 40h/wk | $660,081 | $51,338 |
GREG BORING Director of Grounds· 40h/wk | $370,898 | $50,956 |
RYAN FOUNTAINE Director of Golf· 40h/wk | $363,770 | $51,912 |
PHIL WHEELER Director of Grounds· 40h/wk | $277,461 | $44,464 |
EDWARD STONE Executive Chef· 40h/wk | $261,469 | $37,971 |
JOSEPH SEMINERIO Controller· 40h/wk | $170,291 | $32,302 |
DIANE MONT HUMAN RESOURCES MANAGER· 40h/wk | $133,032 | $39,481 |
+ 18 unpaid officers/directors as reported (ALISON SALLY LEWIS, ANTHONY ORLANDO, BRIAN F AMERY, +15 more)
| Vendor | Service | Paid |
|---|---|---|
| Total Turf Golf Services Inc HUNTINGDON VALLEY, PA | Construction & renovation | $336,920 |
| Simplegrid Technology PARSIPPANY, NJ | Professional services | $179,996 |
| Accurate Electrical FAIRFIELD, NJ | ELECTRICIAN SERVICE | $142,346 |
| Savatree RANDOLPH, NJ | ARBOR SERVICES | $134,666 |
| Gmd Carpentry MAPLEWOOD, NJ | Construction & renovation | $117,520 |
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $12,215,082 |
| INITIATION FEES | $4,462,980 |
| Insurance | $566,068 |
| Occupancy | $1,243,345 |
| Depreciation & depletion | $5,554,639 |
| Information technology | $2,239 |
| Office expenses | $2,170,434 |
| Accounting fees | $41,838 |
| Other professional fees | $506,474 |
| Service provider | Paid |
|---|---|
| Merrill Lynch Pierce Fenner & Smith | $19,074 |
| Principal Life Insurance Company | $12,137 |
| Role | Wage floor (annualized) | Workers | Season |
|---|---|---|---|
Waiters and Waitresses Springfield, NJ | $51K | 8 | May 2025 → Oct 2025 |
Landscaping and Groundskeeping Workers Springfield, NJ | $45K | 8 | May 2025 → Oct 2025 |
Cooks, Restaurant Springfield, NJ | $42K | 6 | May 2025 → Oct 2025 |
Locker Room, Coatroom, and Dressing Room Attendants Springfield, NJ | $42K | 2 | May 2025 → Oct 2025 |
BFounded in 1943, Baltusrol Golf Club reported $29.25M of revenue for FY23, at an operating margin of 7.5%. Revenue moved up 10.3% 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.
We read every 990 so you don't have to — new filings, compensation moves, and the figures worth knowing, four times a year.