ACLP501(c)(7) · MEDIUMNAICS 713910EIN 22-1667688

Alpine Country Club Corp

Demarest, NJ · founded 1962
14 filings on recordFY 20102023medium confidence
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FY23 Total Revenue
$15.13M
▲ 14.3% YoY
FY23 Total Expenses
$16.89M
▲ 14.3% YoY
Operating Margin
-11.6%
revenue minus expenses ÷ revenue
Employees
229
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$15.1M
▲ 46.3% / 5y
10.312.712.713.215.1
Expenses
$16.9M
▲ 52.6% / 5y
11.114.314.314.816.9
Total Assets
$32.6M
▲ 47.4% / 5y
22.125.425.428.632.6
Total Liabilities
$24.0M
▲ 138.3% / 5y
10.114.914.917.724.0

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$10.3M$12.7M$12.7M$13.2M$15.1M+46.3%
Expenses$11.1M$14.3M$14.3M$14.8M$16.9M+52.6%
Net surplus-$724K-$1.6M-$1.6M-$1.5M-$1.8M+143.3%
Total assets$22.1M$25.4M$25.4M$28.6M$32.6M+47.4%
Total liabilities$10.1M$14.9M$14.9M$17.7M$24.0M+138.3%
Net assets$12.0M$10.5M$10.5M$10.8M$8.6M-28.5%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
ALEXANDER LEE
Executive Chef· 40h/wk
$326,000$26,826
RICHARD CAMAC
PREVIOUS GENERAL MANAGER· 40h/wk
$283,750$18,861
RYAN R PONNWITZ
Golf Course Superintendent· 40h/wk
$236,501$26,826
FRANCIS G JANNICELLI
Chief Financial Officer· 40h/wk
$192,496$26,826
ANDREAS PLAITIS
General Manager· 40h/wk
$181,716$13,812
JOHN MASCARI
Head Golf Professional· 40h/wk
$159,204$1,795
LAUREN M RABINOWITZ
DIRECTOR CATERING· 40h/wk
$157,337$26,826
JONATHAN YARWOOD
Head Golf Professional· 40h/wk
$155,831
JOSEPH J GALAN JR
Head Golf Professional· 40h/wk
$146,303$3,546

+ 11 unpaid officers/directors as reported (CORY HECHLER, DANIEL HERZ, DAVID FINKLESTEIN, +8 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
Mccarter Mccarter & English LLP
NEWARK, NJ
Professional services$367,747
Courtsense LLC
TENAFLY, NJ
Pool & racquet$272,309

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$7,084,668
ASSESSMENTS$2,218,066
INITIATION FEES$496,000

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$12.5M
$2.1M paid down
Net land, buildings & equipment
$23.9M
book value, net of depreciation
Facility age
50%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$3.7M$7.3M$11.0M$14.7MFY20 · $13.3MFY20FY21 · $13.3MFY21FY22 · $14.7MFY22FY23 · $12.5MFY23

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$284,574
Occupancy$1,189,022
Depreciation & depletion$2,219,838
Information technology$106,778
Office expenses$224,076
Legal fees$26,045
Accounting fees$28,800
Other professional fees$102,986

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
ALPINE COUNTRY CLUB CORP. 401(K) PROFIT SHARING PLAN & TRUST
pension · 27 participants · $1.7M assets · FY2024
ALPINE COUNTRY CLUB
welfare · 156 participants · 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.

Seasonal labor

DOL OFLC · certified H-2B positions
RoleWage floor (annualized)WorkersSeason
Waiters and Waitresses
Demarest, NJ
$51K14Apr 2025 → Nov 2025

Positions the club certified through the U.S. Department of Labor’s H-2B program — an independent, government wage floor for rank-and-file roles the Form 990 never itemizes. Decision-maker contact available to members →

AFounded in 1962, Alpine Country Club Corp reported $15.13M of revenue for FY23, at an operating margin of -11.6%. Revenue moved up 14.3% 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)
+ 11 more · via ProPublica
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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