CLRA501(c)(7) · MEDIUMNAICS 713910EIN 22-2896675
Crandon Lakes Country Club
Newton, NJ · founded 1990
13 filings on recordFY 2012–2024medium confidence
Compare to peers →FY24 Total Revenue
$190k
▼ 14.7% YoY
FY24 Total Expenses
$240k
▼ 7.4% YoY
Operating Margin
-26.8%
revenue minus expenses ÷ revenue
Employees
17
headcount as reported on filing
The Five-Year Picture
FY2020 — FY2024 · as filed
Revenue
$190K
▼ 11.3% / 5y
Expenses
$240K
▲ 14.1% / 5y
Total Assets
$512K
▼ 5.1% / 5y
Total Liabilities
$0
▼ 100.0% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY20 | FY21 | FY22 | FY23 | FY24 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $214K | $276K | $276K | $222K | $190K | -11.3% |
| Expenses | $210K | $220K | $220K | $260K | $240K | +14.1% |
| Net surplus | $3K | $56K | $56K | -$37K | -$51K | -1726.0% |
| Total assets | $540K | $595K | $595K | $556K | $512K | -5.1% |
| Total liabilities | $30K | $8K | $8K | $100 | $0 | -100.0% |
| Net assets | $510K | $587K | $587K | $556K | $512K | +0.4% |
Officer & staff compensation
FY24 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
JOHN NELSON Board Member· 1h/wk | $5,903 | — |
LORI CAMPBELL Board Member· 1h/wk | $437 | — |
+ 11 unpaid officers/directors as reported (BLAKE MORRIS, BOB WEHRENBERG, DENNIS JONES, +8 more)
Top contractors
FY24 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY24 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBER DUES AND ASSESSMENTS | $187,654 |
| MEMORIAL BRICK FUND | $1,119 |
Balance sheet & capital
FY24 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$321K
book value, net of depreciation
Facility age
52%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY24 · Form 990, Part IX
| Insurance | $54,266 |
| Depreciation & depletion | $25,420 |
| Information technology | $2,372 |
| Office expenses | $7,888 |
| Legal fees | $9,391 |
| Accounting fees | $3,700 |
| Other professional fees | $7,837 |
CFounded in 1990, Crandon Lakes Country Club reported $190k of revenue for FY24, at an operating margin of -26.8%. Revenue moved down 14.7% 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.
Source documents
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