RIDG501(c)(7) · MEDIUMNAICS 713910EIN 22-1232320

The Ridgewood Country Club

Paramus, NJ · founded 1934
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$18.04M
▼ 1.0% YoY
FY23 Total Expenses
$17.07M
▼ 5.8% YoY
Operating Margin
5.3%
revenue minus expenses ÷ revenue
Employees
379
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$18.0M
▲ 29.0% / 5y
14.012.718.018.218.0
Expenses
$17.1M
▲ 41.7% / 5y
12.010.815.218.117.1
Total Assets
$32.0M
▲ 54.9% / 5y
20.629.131.331.932.0
Total Liabilities
$9.1M
▲ 103.4% / 5y
4.511.910.710.09.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$14.0M$12.7M$18.0M$18.2M$18.0M+29.0%
Expenses$12.0M$10.8M$15.2M$18.1M$17.1M+41.7%
Net surplus$1.9M$1.9M$2.8M$94K$964K-50.1%
Total assets$20.6M$29.1M$31.3M$31.9M$32.0M+54.9%
Total liabilities$4.5M$11.9M$10.7M$10.0M$9.1M+103.4%
Net assets$16.1M$17.2M$20.6M$21.9M$22.8M+41.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
TODD RAISCH
GREENS & GROUNDS SUPERINTENDENT· 40h/wk
$396,475$54,329
ALDO CELA
General Manager· 40h/wk
$280,400$40,980
DAVID REASONER
Head Golf Professional· 40h/wk
$185,054$15,408
ALYSON LLERANDI
Controller· 40h/wk
$166,812$16,316
DAVID ZOLLINGER
IRRIGATION MANAGER· 40h/wk
$151,935$34,817
PETER ANGELAKOS
Executive Chef· 40h/wk
$150,365$34,913
THOMAS BULLOCK
TEACHING PRO· 40h/wk
$110,997$10,016

+ 10 unpaid officers/directors as reported (DAVID M REPETTO, DOUGLAS S YATES, EDWARD P MEYERS, +7 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$8,105,528
INITIATION FEES$1,578,812
MASTER PLAN ASSESSMENT$1,211,350

TFounded in 1934, The Ridgewood Country Club reported $18.04M of revenue for FY23, at an operating margin of 5.3%. Revenue moved down 1.0% 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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