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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

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

Rockaway River Country Club

Denville, NJ · founded 1959

13 filings on recordFY 2011–2023medium confidence

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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

Expenses

$8.3M

▲ 24.3% / 5y

Total Assets

$17.2M

▲ 141.4% / 5y

Total Liabilities

$11.9M

▲ 162.5% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$6.8M	$7.5M	$7.5M	$8.2M	$8.6M	+27.0%
Expenses	$6.7M	$7.0M	$7.0M	$8.0M	$8.3M	+24.3%
Net surplus	$108K	$556K	$556K	$219K	$315K	+192.1%
Total assets	$7.1M	$15.8M	$15.8M	$16.9M	$17.2M	+141.4%
Total liabilities	$4.5M	$12.9M	$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 · Employee	Reportable	Other
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 item	Amount
MEMBERSHIP DUES	$4,095,338
BUILDING ASSESSMENT	$791,584
INITIATION FEES	$362,461
DEBT ASSESSMENT	$281,365
OPERATING ASSESSMENT	$245,427

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$10.3M

▼ $277K paid down

Net land, buildings & equipment

$13.5M

book value, net of depreciation

Facility age

55%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX

Insurance	$125,261
Occupancy	$529,211
Depreciation & depletion	$942,301
Office expenses	$228,064
Legal fees	$355
Accounting fees	$27,700
Other professional fees	$92,302

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

ROCKAWAY RIVER COUNTRY CLUB 401(K) PLAN

pension · 51 participants · $69K assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

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)

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