MNET501(c)(7) · MEDIUMNAICS 713910EIN 22-3605325

Metedeconk National Golf Club Inc

Jackson, NJ · founded 2023
1 filings on recordFY 20232023medium confidence
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FY23 Total Revenue
$10.23M
no prior year
FY23 Total Expenses
$9.51M
no prior year
Operating Margin
7.1%
revenue minus expenses ÷ revenue
Employees
68
headcount as reported on filing

The Five-Year Picture

FY2023 — FY2023 · as filed
Revenue
$10.2M
▲ 0.0% / 1y
10.2
Expenses
$9.5M
▲ 0.0% / 1y
9.5
Total Assets
$39.7M
▲ 0.0% / 1y
39.7
Total Liabilities
$10.5M
▲ 0.0% / 1y
10.5

Year-on-year detail

from IRS Form 990
LineFY23Δ total
Revenue$10.2M+0.0%
Expenses$9.5M+0.0%
Net surplus$724K+0.0%
Total assets$39.7M+0.0%
Total liabilities$10.5M+0.0%
Net assets$29.1M+0.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
ANDREW MALLICK
Golf Course Superintendent· 40h/wk
$286,500$11,160
DEREK KOPP
General Manager· 40h/wk
$250,500$10,920
BRENT STUDER
GOLF SHOP MANAGER· 40h/wk
$159,000
JEFFREY BRUNO
F&B MANAGER· 40h/wk
$107,327$5,175

+ 11 unpaid officers/directors as reported (ALAN KRUPNICK, ANTHONY TORRINGTON, DOUG LOVELAND, +8 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$5,144,360
INITIATION FEES$1,208,988
CAPITAL ASSESSMENTS$132,400

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$2.5M
$460K new borrowing
Net land, buildings & equipment
$32.8M
book value, net of depreciation
Facility age
36%
accumulated depreciation ÷ cost — higher = older plant

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$177,753
Occupancy$492,408
Depreciation & depletion$1,080,149
Office expenses$415,761
Accounting fees$132,365
Other professional fees$30,135

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
METEDECONK NATIONAL GOLF CLUB 401K PLAN
pension · 49 participants · $1.7M 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.

MFounded in 2023, Metedeconk National Golf Club Inc reported $10.23M of revenue for FY23, at an operating margin of 7.1%. 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)
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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