FARM501(c)(7) · MEDIUMNAICS 713910EIN 54-0540028

Farmington Country Club Inc

Charlottesvle, VA · founded 1952
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$28.84M
▲ 7.1% YoY
FY23 Total Expenses
$26.10M
▲ 9.8% YoY
Operating Margin
9.5%
revenue minus expenses ÷ revenue
Employees
685
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$28.8M
▲ 41.5% / 5y
20.425.325.326.928.8
Expenses
$26.1M
▲ 43.6% / 5y
18.219.719.723.826.1
Total Assets
$57.3M
▲ 53.5% / 5y
37.352.452.455.057.3
Total Liabilities
$10.1M
▲ 203.3% / 5y
3.311.111.110.610.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$20.4M$25.3M$25.3M$26.9M$28.8M+41.5%
Expenses$18.2M$19.7M$19.7M$23.8M$26.1M+43.6%
Net surplus$2.2M$5.5M$5.5M$3.2M$2.7M+24.1%
Total assets$37.3M$52.4M$52.4M$55.0M$57.3M+53.5%
Total liabilities$3.3M$11.1M$11.1M$10.6M$10.1M+203.3%
Net assets$34.0M$41.3M$41.3M$44.5M$47.2M+38.9%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JOSEPH E KRENN
GENERAL MANAGER/COO· 50h/wk
$546,588$24,032
SCOTT G KINNAN
Golf Course Superintendent· 45h/wk
$289,139$24,557
RONALD B HASS
DIRECTOR OF RACQUET SPORTS· 45h/wk
$268,928$17,006
JULIEANNE B BROWN
Chief Financial Officer· 45h/wk
$245,494$19,179
BRANDON JOHNSON
General Manager· 50h/wk
$209,953$20,424
JONATHAN SAROSIEK
TENNIS ASST PRO· 60h/wk
$205,812$10,203
MICHAEL MATARAZZO
Executive Chef· 45h/wk
$195,421$17,210

+ 13 unpaid officers/directors as reported (ANNE LOGAN, ASHLEY MCCARON, BARKLEY LAING, +10 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
COOPER ROBERTSON
NEW YORK, NY
ARCHITECT$409,944
PROCUREMENT CONSORTIUM
FAIRFIELD, CT
INTERIOR DESIGNERS$345,044
MILLENIUM SECURITY
CHARLOTTESVILLE, VA
SECURITY SERVICE$142,625

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBER DUES/ INIT. FEES$17,180,756
CLUBHOUSE$2,142,523
GOLF$1,507,862
OTHER$1,126,358
TENNIS$1,002,579

FFounded in 1952, Farmington Country Club Inc reported $28.84M of revenue for FY23, at an operating margin of 9.5%. Revenue moved up 7.1% 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)
+ 10 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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