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

New Laurel Creek Country Club Inc

Mount Laurel, NJ · founded 1997
14 filings on recordFY 20102023medium confidence
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
6.97.18.59.410.0
Expenses
$9.9M
▲ 46.9% / 5y
6.76.37.38.99.9
Total Assets
$16.3M
▲ 21.2% / 5y
13.413.514.716.716.3
Total Liabilities
$6.6M
▲ 3.1% / 5y
6.45.85.87.26.6

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$6.9M$7.1M$8.5M$9.4M$10.0M+44.2%
Expenses$6.7M$6.3M$7.3M$8.9M$9.9M+46.9%
Net surplus$223K$732K$1.3M$515K$139K-37.6%
Total assets$13.4M$13.5M$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$7.7M$9.0M$9.5M$9.6M+38.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
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 itemAmount
MEMBERSHIP DUES$4,698,545
GOLF$1,648,238
CAPITAL ASSESSMENT$1,310,036
RENOVATION ASSESSMENT$477,178
TENNIS/POOL$161,807

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
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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