CRES501(c)(7) · MEDIUMNAICS 713910EIN 22-1545020

Crestmont Country Club

West Orange, NJ · founded 1958
13 filings on recordFY 20112023medium confidence
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
8.312.812.810.511.2
Expenses
$10.7M
▲ 27.4% / 5y
8.49.49.49.910.7
Total Assets
$25.6M
▲ 11.4% / 5y
22.925.325.325.725.6
Total Liabilities
$16.2M
▼ 4.9% / 5y
17.116.516.516.816.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ 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 · EmployeeReportableOther
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 itemAmount
MEMBERSHIP DUES$6,507,080
RENOVATION ASSESSMENT$1,042,241
CAPITAL ASSESSMENT$520,613
INITIATION FEES$513,091

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
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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