| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $9.4M | $8.8M | $9.0M | $10.2M | $11.4M | +22.4% |
| Expenses | $7.2M | $6.7M | $7.9M | $9.4M | $10.3M | +42.4% |
| Net surplus | $2.1M | $2.2M | $1.1M | $798K | $1.2M | -45.8% |
| Total assets | $27.0M | $28.5M | $38.3M | $38.1M | $39.1M | +45.0% |
| Total liabilities | $6.6M | $6.0M | $14.7M | $13.7M | $13.6M | +105.7% |
| Net assets | $20.4M | $22.5M | $23.6M | $24.4M | $25.6M | +25.4% |
| Officer · Employee | Reportable | Other |
|---|---|---|
ROBERT ANEN General Manager· 40h/wk | $270,970 | $15,820 |
THOMAS HAVELKA Golf Course Superintendent· 40h/wk | $180,300 | $15,820 |
BRENDAN ARENTH Executive Chef· 40h/wk | $162,425 | $15,820 |
DANIEL INGENBRANDT Controller· 40h/wk | $155,525 | $8,840 |
JACQUELINE BARBER DIRECTOR OF EVENTS· 40h/wk | $155,264 | $7,002 |
MATTHEW MCKEON Head Golf Professional· 40h/wk | $118,035 | — |
CORY MELROY DIRECTOR OF FOOD AND BEVERAGE· 40h/wk | $114,214 | $15,820 |
+ 13 unpaid officers/directors as reported (BRIAN DUGAN JR, CLIFF CLARK, DENNIS ROGERS, +10 more)
| Vendor | Service | Paid |
|---|---|---|
MATTHEW J MCKEON LLC SPRING LAKE, NJ | SLGC PRO SHOP | $823,048 |
COLLIERS CONSTRUCTION HOLMDEL, NJ | CONSTRUCTION | $132,796 |
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $4,705,377 |
| INITIATION FEES | $756,000 |
| BUILDING ASSESSMENTS | $690,150 |
| CAPITAL ASSESSMENTS | $534,520 |
SFounded in 1974, Spring Lake Golf Club reported $11.45M of revenue for FY23, at an operating margin of 10.1%. Revenue moved up 11.7% 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.