| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $32.4M | $33.7M | $33.1M | $43.0M | $45.3M | +39.9% |
| Expenses | $33.4M | $40.5M | $25.5M | $32.8M | $38.0M | +13.7% |
| Net surplus | -$1.1M | -$6.8M | $7.6M | $10.2M | $7.3M | -791.2% |
| Total assets | $87.1M | $85.5M | $88.4M | $99.4M | $113.4M | +30.1% |
| Total liabilities | $44.0M | $49.1M | $44.5M | $45.2M | $52.0M | +18.2% |
| Net assets | $43.2M | $36.3M | $44.0M | $54.1M | $61.4M | +42.3% |
| Officer · Employee | Reportable | Other |
|---|---|---|
Patrick S King General Manager/Chief Operating Officer· 40h/wk | $562,304 | $23,600 |
Joseph H F Wang Director of Racquet Sports· 40h/wk | $323,402 | $44,192 |
Bradley D Myers Head Golf Professional· 40h/wk | $244,142 | $15,156 |
Neil R Bennett Director of Adult Programs - Tennis· 40h/wk | $235,887 | $21,654 |
Michael A King Greens Superintendent-Arlington· 40h/wk | $218,484 | $41,421 |
Andrew R Welch Director of Clubhouse Operations-ARL· 40h/wk | $203,998 | $40,169 |
Donald D Nicholson Chief Financial Officer· 40h/wk | $202,227 | $19,161 |
Gregory J Paukstis Director of Junior Programs - Tennis· 40h/wk | $199,838 | $41,470 |
David A Dawson Director of Facilities· 20h/wk | $191,509 | $15,280 |
Diana C H Wang Director of Marketing & Communications· 40h/wk | $185,458 | $25,855 |
Joseph R Betcher Greens Superintendent-Fairfax· 40h/wk | $180,559 | $22,241 |
Douglas G Anderson Executive Chef-ARL· 40h/wk | $151,491 | $34,408 |
Jean Marc G Krone Tennis Instructor - Junior Program· 40h/wk | $145,926 | $17,237 |
Dennis T Williams Controller· 40h/wk | $133,770 | $19,897 |
Michael A Palamara Director of Clubhouse Operations-FFX· 40h/wk | $122,724 | $34,999 |
+ 40 unpaid officers/directors as reported (Abraham Melles, Beverly S Winston, CAPT David J Graff, +37 more)
| Vendor | Service | Paid |
|---|---|---|
Ashburn Asphalt LLC Broadlands, VA | Cart Path Repairs | $2,527,424 |
Usedo Park Services LLC Falls Church, VA | Valet Services & Laborers | $1,753,615 |
Building Maintenance Services LLC New York, NY | Engineer Services | $897,663 |
Intreegue Design Inc Baltimore, MD | Pool Furniture purchase | $731,628 |
David A Dawson PE Sterling, VA | Outsourced Engineer Mgmt | $193,200 |
| Line item | Amount |
|---|---|
| Membership Dues | $20,065,979 |
| Athletic & Junior Program Fees | $4,495,679 |
| Membership Assessments | $3,876,125 |
AFounded in 1941, Army Navy Country Club reported $45.28M of revenue for FY23, at an operating margin of 16.1%. Revenue moved up 5.4% 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.
We read every 990 so you don't have to — new filings, compensation moves, and the figures worth knowing, four times a year.