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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

MONT501(c)(7) · MEDIUMNAICS 713910EIN 22-1124720

Montclair Golf Club

Montclair, NJ · founded 1935

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$20.81M

▲ 6.5% YoY

FY23 Total Expenses

$18.05M

▲ 2.7% YoY

Operating Margin

13.3%

revenue minus expenses ÷ revenue

Employees

316

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$20.8M

▲ 34.8% / 5y

Expenses

$18.0M

▲ 37.2% / 5y

Total Assets

$36.3M

▲ 40.7% / 5y

Total Liabilities

$9.8M

▲ 40.0% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$15.4M	$17.7M	$17.7M	$19.5M	$20.8M	+34.8%
Expenses	$13.2M	$15.0M	$15.0M	$17.6M	$18.0M	+37.2%
Net surplus	$2.3M	$2.6M	$2.6M	$2.0M	$2.8M	+21.0%
Total assets	$25.8M	$32.9M	$32.9M	$33.6M	$36.3M	+40.7%
Total liabilities	$7.0M	$10.6M	$10.6M	$9.7M	$9.8M	+40.0%
Net assets	$18.8M	$22.3M	$22.3M	$24.0M	$26.5M	+41.0%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
BACON ROGER GORDON General Manager· 60h/wk	$300,000	$13,337
CAMPBELL PATRICK DIRECTOR OF GOLF COURSE OP· 60h/wk	$289,275	$20,178
TRINIDAD EDMUND M Chief Financial Officer· 60h/wk	$234,300	$21,420
BOLTON TIMOTHY THOMPSON Director of Golf· 60h/wk	$214,500	$18,266
STELMACK KENNETH Executive Chef· 60h/wk	$209,000	$15,560
TOTH ZOLTAN ANDRAS CLUBHOUSE MANAGER· 60h/wk	$148,500	$23,219
FINNESEY REAGAN ANNE MEMBER RELATIONS DIRECTOR· 60h/wk	$142,780	$14,318
FIELD DAVID CHRISTOPHER EQUIPMENT MANAGER· 40h/wk	$125,750	$4,195

+ 12 unpaid officers/directors as reported (BARBARA KALEMKERIAN, CAELA INGGS, DAVID B STITH, +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 item	Amount
MEMBERSHIP DUES	$10,726,073
MASTER PLAN ASSESSMENT	$2,235,164
MONTHLY CAPITAL ASSESS	$1,336,745
ENTRANCE FEES	$1,166,162

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$6.0M

▲ $343K new borrowing

Net land, buildings & equipment

$31.1M

book value, net of depreciation

Facility age

45%

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	$458,552
Occupancy	$1,860,714
Depreciation & depletion	$2,797,198
Information technology	$46,396
Office expenses	$1,014,093
Legal fees	$374,743
Accounting fees	$33,700
Other professional fees	$107,711

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.

MFounded in 1935, Montclair Golf Club reported $20.81M of revenue for FY23, at an operating margin of 13.3%. Revenue moved up 6.5% 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)

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