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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

GRLE501(c)(7) · MEDIUMNAICS 713910EIN 22-0942740

Glen Ridge Country Club

Glen Ridge, NJ · founded 1926

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$11.51M

▲ 2.8% YoY

FY23 Total Expenses

$11.97M

▲ 26.2% YoY

Operating Margin

-4.0%

revenue minus expenses ÷ revenue

Employees

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$11.5M

▲ 23.5% / 5y

Expenses

$12.0M

▲ 39.0% / 5y

Total Assets

$6.8M

▲ 175.6% / 5y

Total Liabilities

$13.7M

▲ 9.1% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$9.3M	$8.0M	$8.0M	$11.2M	$11.5M	+23.5%
Expenses	$8.6M	$6.9M	$6.9M	$9.5M	$12.0M	+39.0%
Net surplus	$707K	$1.1M	$1.1M	$1.7M	-$457K	-164.6%
Total assets	$2.5M	$3.2M	$3.2M	$4.3M	$6.8M	+175.6%
Total liabilities	$12.5M	$11.4M	$11.4M	$10.8M	$13.7M	+9.1%
Net assets	-$10.1M	-$8.2M	-$8.2M	-$6.5M	-$6.9M	-31.4%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
GEORGE GOLUB Chief Financial Officer· 50h/wk	$220,404	$23,859
GABRIEL WOCHLEY Golf Course Superintendent· 50h/wk	$184,480	$18,520
TOMMY MONTEVERDI Head Golf Professional· 50h/wk	$140,000	$18,001
ROSE BAEZ-MABLI GENERAL MANAGER / COO· 50h/wk	$136,529	$10,448
CHRISTOPHER SELSER FORMER GENERAL MANAGER/COO· 50h/wk	$135,385	—
HOWARD GREENBLATT CLUBHOUSE MANAGER· 50h/wk	$105,766	$8,603

+ 9 unpaid officers/directors as reported (BART CICCOLINI, CHRISTINE SAMUELS, DENNIS LINDSAY, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBERSHIP DUES	$4,881,181
CAPITAL IMPROVEMENT ASSESSMENT	$1,137,950
INITIATION FEES	$1,016,333

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$9.6M

▼ $504K paid down

Net land, buildings & equipment

$1.1M

book value, net of depreciation

Facility age

88%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

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

FY23 · Form 990, Part IX

Insurance	$280,702
Occupancy	$965,753
Depreciation & depletion	$465,330
Information technology	$138,090
Office expenses	$576,543
Legal fees	$87,461
Accounting fees	$22,000
Other professional fees	$93,251

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

GLEN RIDGE COUNTRY CLUB 401K SAVINGS PLAN

pension · 75 participants · $2.1M 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.

GFounded in 1926, Glen Ridge Country Club reported $11.51M of revenue for FY23, at an operating margin of -4.0%. Revenue moved up 2.8% 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 Tue Feb 28 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2022 · period ending Mon Feb 28 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2021 · period ending Sun Feb 28 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

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