| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $7.6M | $6.5M | $7.8M | $8.5M | $9.6M | +26.9% |
| Expenses | $7.5M | $7.6M | $9.1M | $8.8M | $8.9M | +19.0% |
| Net surplus | $67K | -$1.1M | -$1.2M | -$208K | $680K | +917.4% |
| Total assets | $12.2M | $12.9M | $11.9M | $12.4M | $12.7M | +4.1% |
| Total liabilities | $5.3M | $7.2M | $7.5M | $8.2M | $7.8M | +45.2% |
| Net assets | $6.8M | $5.7M | $4.4M | $4.2M | $4.9M | -28.1% |
| Officer · Employee | Reportable | Other |
|---|---|---|
RACHEL KRAMER General Manager· 40h/wk | $231,346 | $28,922 |
CHRISTOPHER PASSARO Executive Chef· 40h/wk | $213,400 | $32,130 |
JOHN O'KEEFE Golf Course Superintendent· 40h/wk | $203,339 | $19,322 |
+ 15 unpaid officers/directors as reported (ALICE BROSER, ANDREW SILVERMAN, BRIAN MANDLER, +12 more)
| Vendor | Service | Paid |
|---|---|---|
URBANO EARTH LLC NEW PROVIDENCE, NJ | GOLF COURSE RENOVATION | $352,720 |
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $3,929,792 |
| CAPITAL ASSESSMENTS | $1,576,135 |
| OPERATING ASSESSMENT | $513,063 |
| INITIATION FEES | $366,950 |
PFounded in 1945, Preakness Hills Country Club reported $9.61M of revenue for FY23, at an operating margin of 7.1%. Revenue moved up 12.5% 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.