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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

NLCE501(c)(7) · MEDIUMNAICS 713910EIN 23-2838642

New Laurel Creek Country Club Inc

Mount Laurel, NJ · founded 1997

14 filings on recordFY 2010–2023medium confidence

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FY23 Total Revenue

$10.01M

▲ 6.1% YoY

FY23 Total Expenses

$9.87M

▲ 10.7% YoY

Operating Margin

1.4%

revenue minus expenses ÷ revenue

Employees

307

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$10.0M

▲ 44.2% / 5y

Expenses

$9.9M

▲ 46.9% / 5y

Total Assets

$16.3M

▲ 21.2% / 5y

Total Liabilities

$6.6M

▲ 3.1% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$6.9M	$8.5M	$8.5M	$9.4M	$10.0M	+44.2%
Expenses	$6.7M	$7.3M	$7.3M	$8.9M	$9.9M	+46.9%
Net surplus	$223K	$1.3M	$1.3M	$515K	$139K	-37.6%
Total assets	$13.4M	$14.7M	$14.7M	$16.7M	$16.3M	+21.2%
Total liabilities	$6.4M	$5.8M	$5.8M	$7.2M	$6.6M	+3.1%
Net assets	$7.0M	$9.0M	$9.0M	$9.5M	$9.6M	+38.0%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
JOEL INMAN General Manager· 40h/wk	$263,535	$22,033
JOHN SLADE Golf Course Superintendent· 40h/wk	$182,039	$43,080
ELISHA CARSON Controller· 40h/wk	$161,231	$42,627
PETER ROSENBLAT Executive Chef· 40h/wk	$154,068	$5,890
ROBERT HENNEFER Head Golf Professional· 40h/wk	$131,897	$16,473
KAREN WRIGHT CLUBHOUSE MANAGER· 40h/wk	$109,847	$14,400

+ 11 unpaid officers/directors as reported (CHRIS NOYES, DANIEL BIANCO, DEAN KRAMER, +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 item	Amount
MEMBERSHIP DUES	$4,698,545
GOLF	$1,648,238
CAPITAL ASSESSMENT	$1,310,036
RENOVATION ASSESSMENT	$477,178
TENNIS/POOL	$161,807

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$4.4M

▼ $605K paid down

Net land, buildings & equipment

$12.4M

book value, net of depreciation

Facility age

45%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

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	$168,695
Occupancy	$324,486
Depreciation & depletion	$1,306,599
Advertising & promotion	$112,263
Office expenses	$73,588
Accounting fees	$13,136
Other professional fees	$26,567

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

LAUREL CREEK COUNTRY CLUB 401(K) PLAN

pension · 72 participants · $3.6M 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.

Seasonal labor

DOL OFLC · certified H-2B positions

Role	Wage floor (annualized)	Workers	Season
Landscaping and Groundskeeping Workers Moorestown, NJ	$41K	6	Apr 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 →

NFounded in 1997, New Laurel Creek Country Club Inc reported $10.01M of revenue for FY23, at an operating margin of 1.4%. Revenue moved up 6.1% 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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