FAIR501(c)(7) · MEDIUMNAICS 713910EIN 22-1672297

Fairmount Country Club

Chatham, NJ · founded 1963
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$10.84M
▼ 2.6% YoY
FY23 Total Expenses
$10.80M
▲ 9.4% YoY
Operating Margin
0.3%
revenue minus expenses ÷ revenue
Employees
214
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$10.8M
▲ 30.0% / 5y
8.38.810.611.110.8
Expenses
$10.8M
▲ 32.0% / 5y
8.29.08.59.910.8
Total Assets
$19.9M
▲ 4.6% / 5y
19.017.919.919.019.9
Total Liabilities
$10.7M
▼ 13.2% / 5y
12.311.511.69.610.7

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$8.3M$8.8M$10.6M$11.1M$10.8M+30.0%
Expenses$8.2M$9.0M$8.5M$9.9M$10.8M+32.0%
Net surplus$150K-$222K$2.2M$1.3M$35K-76.8%
Total assets$19.0M$17.9M$19.9M$19.0M$19.9M+4.6%
Total liabilities$12.3M$11.5M$11.6M$9.6M$10.7M-13.2%
Net assets$6.7M$6.4M$8.3M$9.4M$9.2M+37.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
BLAKE ANDERSON
Head Tennis Professional· 40h/wk
$258,502$31,252
ALEX MCDONALD
General Manager· 40h/wk
$176,462
PATRICK QUINLAN
Golf Course Superintendent· 40h/wk
$172,500$30,566
TROY GOLDBERG
Assistant General Manager· 40h/wk
$160,646$29,144
DAVID DECKER
Executive Chef· 40h/wk
$151,800$28,749
MARK GIULIANO
Head Golf Professional· 40h/wk
$133,250$26,149
VINCENT MADONIA
FACILITY· 40h/wk
$101,000

+ 12 unpaid officers/directors as reported (ANDY DINNHAUPT, BRADY SCHUCK, GARY STROMBERG, +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$5,175,468
INITIATION FEES$1,327,917
CAPITAL IMPROV. PROGRAM MORTGAGE$1,118,230

FFounded in 1963, Fairmount Country Club reported $10.84M of revenue for FY23, at an operating margin of 0.3%. Revenue moved down 2.6% 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 Fri Mar 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Thu Mar 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Wed Mar 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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