KNIC501(c)(7) · MEDIUMNAICS 713910EIN 22-1042210

Knickerbocker Country Club

Tenafly, NJ · founded 1942
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$12.19M
▲ 22.0% YoY
FY23 Total Expenses
$10.71M
▲ 0.2% YoY
Operating Margin
12.1%
revenue minus expenses ÷ revenue
Employees
220
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$12.2M
▲ 47.5% / 5y
8.37.69.510.012.2
Expenses
$10.7M
▲ 33.8% / 5y
8.07.28.810.710.7
Total Assets
$15.2M
▲ 22.6% / 5y
12.412.814.414.615.2
Total Liabilities
$5.6M
▲ 18.8% / 5y
4.74.85.56.45.6

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$8.3M$7.6M$9.5M$10.0M$12.2M+47.5%
Expenses$8.0M$7.2M$8.8M$10.7M$10.7M+33.8%
Net surplus$258K$415K$729K-$700K$1.5M+472.0%
Total assets$12.4M$12.8M$14.4M$14.6M$15.2M+22.6%
Total liabilities$4.7M$4.8M$5.5M$6.4M$5.6M+18.8%
Net assets$7.6M$8.0M$8.9M$8.2M$9.5M+25.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
WILLIAM HOOK
GOLF PRO/INTERIM GM· 40h/wk
$276,289$21,248
KYLE HILLEGASS
Golf Course Superintendent· 40h/wk
$211,836$7,766
GUS NATIONS
Executive Chef· 40h/wk
$127,830

+ 12 unpaid officers/directors as reported (ARTHUR MATIN, BEHAR CAMI, CHRISTOPHER MINNETIAN, +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$6,229,046
CAPITAL IMPROVEMENT ASSESSMENT$1,303,514
MASTER PLAN ASSESSMENT$817,779
INITIATION FEES$733,575

KFounded in 1942, Knickerbocker Country Club reported $12.19M of revenue for FY23, at an operating margin of 12.1%. Revenue moved up 22.0% 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 Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Dec 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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