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

Glen Ridge Country Club

Glen Ridge, NJ · founded 1926
13 filings on recordFY 20112023medium confidence
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
0
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$11.5M
▲ 23.5% / 5y
9.39.68.011.211.5
Expenses
$12.0M
▲ 39.0% / 5y
8.68.86.99.512.0
Total Assets
$6.8M
▲ 175.6% / 5y
2.52.63.24.36.8
Total Liabilities
$13.7M
▲ 9.1% / 5y
12.511.811.410.813.7

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$9.3M$9.6M$8.0M$11.2M$11.5M+23.5%
Expenses$8.6M$8.8M$6.9M$9.5M$12.0M+39.0%
Net surplus$707K$830K$1.1M$1.7M-$457K-164.6%
Total assets$2.5M$2.6M$3.2M$4.3M$6.8M+175.6%
Total liabilities$12.5M$11.8M$11.4M$10.8M$13.7M+9.1%
Net assets-$10.1M-$9.3M-$8.2M-$6.5M-$6.9M-31.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
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 itemAmount
MEMBERSHIP DUES$4,881,181
CAPITAL IMPROVEMENT ASSESSMENT$1,137,950
INITIATION FEES$1,016,333

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)
+ 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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