| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $8.2M | $8.4M | $8.4M | $9.6M | $10.5M | +27.8% |
| Expenses | $8.4M | $7.8M | $7.8M | $9.4M | $10.2M | +22.0% |
| Net surplus | -$170K | $597K | $597K | $253K | $269K | -258.4% |
| Total assets | $14.8M | $14.6M | $14.6M | $14.6M | $14.4M | -2.7% |
| Total liabilities | $7.7M | $7.0M | $7.0M | $6.3M | $5.6M | -27.2% |
| Net assets | $7.1M | $7.6M | $7.6M | $8.2M | $8.8M | +23.6% |
| Officer · Employee | Reportable | Other |
|---|---|---|
NORMAN T FORSYTH General Manager· 60h/wk | $247,660 | $55,938 |
RICHARD B LANE GROUNDS KEEPER· 60h/wk | $198,064 | $27,613 |
LAWRENCE J KNAPP Executive Chef· 60h/wk | $151,325 | $23,928 |
GRAZIANO FAVRO MARTRIE"D· 60h/wk | $127,781 | $13,650 |
+ 14 unpaid officers/directors as reported (BRENT D EDMONDS, BRYAN J LYNCH, CHRISTOPHER A LAMA, +11 more)
| Vendor | Service | Paid |
|---|---|---|
GRASS ROOTS TURF PRODUCTS MOUNT FREEDOM, NJ | GOLF TURF COMPANY | $224,031 |
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $4,769,855 |
| CAPITAL ASSESSMENT & S | $964,452 |
| INITIATION FEES | $662,199 |
HFounded in 1931, Hackensack Golf Club reported $10.51M of revenue for FY23, at an operating margin of 2.6%. Revenue moved up 8.9% 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.