RVAR501(c)(7) · MEDIUMNAICS 713910EIN 22-1220580

Raritan Valley Country Club

Bridgewater, NJ · founded 1924
14 filings on recordFY 20102023medium confidence
FY23 Total Revenue
$5.34M
▲ 0.1% YoY
FY23 Total Expenses
$5.82M
▲ 6.5% YoY
Operating Margin
-9.1%
revenue minus expenses ÷ revenue
Employees
137
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$5.3M
▲ 32.4% / 5y
4.05.25.25.35.3
Expenses
$5.8M
▲ 28.1% / 5y
4.55.05.05.55.8
Total Assets
$12.1M
▲ 14.2% / 5y
10.611.911.911.712.1
Total Liabilities
$7.1M
▲ 51.1% / 5y
4.75.85.86.27.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$4.0M$5.2M$5.2M$5.3M$5.3M+32.4%
Expenses$4.5M$5.0M$5.0M$5.5M$5.8M+28.1%
Net surplus-$518K$226K$226K-$138K-$488K-5.9%
Total assets$10.6M$11.9M$11.9M$11.7M$12.1M+14.2%
Total liabilities$4.7M$5.8M$5.8M$6.2M$7.1M+51.1%
Net assets$6.0M$6.0M$6.0M$5.5M$5.1M-14.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
PATRICK J BOUCHER
General Manager· 50h/wk
$214,761$23,526
JAMES RUSNIC
Golf Course Superintendent· 60h/wk
$156,265$7,605
FILOMENA LOMBADI
Executive Chef· 60h/wk
$121,305$15,000

+ 12 unpaid officers/directors as reported (CATHY KITCHEN, JAMES J HANNAN, JOHN DEAMORIN, +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$3,688,605
INITIATION FEES$93,500

RFounded in 1924, Raritan Valley Country Club reported $5.34M of revenue for FY23, at an operating margin of -9.1%. Revenue moved up 0.1% 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)
+ 11 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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