RROC501(c)(7) · MEDIUMNAICS 713910EIN 22-1667222

Rockaway River Country Club

Denville, NJ · founded 1959
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$8.65M
▲ 5.0% YoY
FY23 Total Expenses
$8.33M
▲ 3.9% YoY
Operating Margin
3.6%
revenue minus expenses ÷ revenue
Employees
159
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$8.6M
▲ 27.0% / 5y
6.86.87.58.28.6
Expenses
$8.3M
▲ 24.3% / 5y
6.76.37.08.08.3
Total Assets
$17.2M
▲ 141.4% / 5y
7.18.715.816.917.2
Total Liabilities
$11.9M
▲ 162.5% / 5y
4.55.712.912.111.9

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$6.8M$6.8M$7.5M$8.2M$8.6M+27.0%
Expenses$6.7M$6.3M$7.0M$8.0M$8.3M+24.3%
Net surplus$108K$489K$556K$219K$315K+192.1%
Total assets$7.1M$8.7M$15.8M$16.9M$17.2M+141.4%
Total liabilities$4.5M$5.7M$12.9M$12.1M$11.9M+162.5%
Net assets$2.6M$2.9M$2.9M$4.8M$5.3M+104.5%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JOHN TOPAKAS
Golf Course Superintendent· 40h/wk
$261,839
DAVID BACHMAN
General Manager· 40h/wk
$223,968$12,173
LISA LAMONICA
Controller· 40h/wk
$140,500$20,109
GREG BAKER
Head Golf Professional· 40h/wk
$121,916$22,485
LOWELL MILLER
ASSISTANT GOLF PRO· 40h/wk
$104,897$24,814

+ 15 unpaid officers/directors as reported (CHRIS RICHTER, DAN FARLEY, DENIS DRISCOL, +12 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$4,095,338
BUILDING ASSESSMENT$791,584
INITIATION FEES$362,461
DEBT ASSESSMENT$281,365
OPERATING ASSESSMENT$245,427

RFounded in 1959, Rockaway River Country Club reported $8.65M of revenue for FY23, at an operating margin of 3.6%. Revenue moved up 5.0% 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 Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 30 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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