CRES501(c)(7) · MEDIUMNAICS 713910EIN 22-1545020
Crestmont Country Club
West Orange, NJ · founded 1958
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$11.19M
▲ 6.1% YoY
FY23 Total Expenses
$10.73M
▲ 8.3% YoY
Operating Margin
4.0%
revenue minus expenses ÷ revenue
Employees
185
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$11.2M
▲ 35.4% / 5y
Expenses
$10.7M
▲ 27.4% / 5y
Total Assets
$25.6M
▲ 11.4% / 5y
Total Liabilities
$16.2M
▼ 4.9% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $8.3M | $12.8M | $12.8M | $10.5M | $11.2M | +35.4% |
| Expenses | $8.4M | $9.4M | $9.4M | $9.9M | $10.7M | +27.4% |
| Net surplus | -$165K | $3.4M | $3.4M | $627K | $451K | -373.7% |
| Total assets | $22.9M | $25.3M | $25.3M | $25.7M | $25.6M | +11.4% |
| Total liabilities | $17.1M | $16.5M | $16.5M | $16.8M | $16.2M | -4.9% |
| Net assets | $5.9M | $8.8M | $8.8M | $8.9M | $9.3M | +58.5% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
DANA CANCELLARO General Manager· 50h/wk | $242,692 | $7,411 |
JAMES ALCIDE Controller· 50h/wk | $175,500 | $29,263 |
MARK DELAURA Head Golf Professional· 55h/wk | $165,248 | $465,908 |
PATRICK HICKEY Golf Course Superintendent· 50h/wk | $160,687 | $2,519 |
JOE JOHNSON DIRECTOR OF MAINTENANCE· 50h/wk | $142,310 | $13,062 |
JENNIFER SCHWINDEL DIRECTOR OF CATERING· 45h/wk | $138,236 | $4,364 |
ANGEL ACOSTA ASSISTANT GM· 50h/wk | $134,652 | $10,530 |
+ 12 unpaid officers/directors as reported (ANDREW RABINOWITZ, BRUCE CERTNER, BRYCE FACKTOR, +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 | $6,507,080 |
| RENOVATION ASSESSMENT | $1,042,241 |
| CAPITAL ASSESSMENT | $520,613 |
| INITIATION FEES | $513,091 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$19.3M
book value, net of depreciation
Facility age
50%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $208,872 |
| Occupancy | $877,927 |
| Depreciation & depletion | $1,121,001 |
| Advertising & promotion | $14,199 |
| Office expenses | $616,893 |
| Legal fees | $25,093 |
| Accounting fees | $40,336 |
| Other professional fees | $49,862 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
CRESTMONT COUNTRY CLUB 401(K) RETIREMENT PLAN
pension · 23 participants · $571K assets · FY2024
Seasonal labor
DOL OFLC · certified H-2B positions
| Role | Wage floor (annualized) | Workers | Season |
|---|---|---|---|
Bartenders West Orange, NJ | $58K | 1 | May 2025 → Oct 2025 |
Waiters and Waitresses West Orange, NJ | $52K | 7 | May 2025 → Oct 2025 |
Cooks, Restaurant West Orange, NJ | $44K | 2 | May 2025 → Oct 2025 |
CFounded in 1958, Crestmont Country Club reported $11.19M of revenue for FY23, at an operating margin of 4.0%. Revenue moved up 6.1% 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
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