NBEW501(c)(7) · MEDIUMNAICS 713910EIN 56-0581092

New Bern Golf & Country Club

Trent Woods, NC · founded 1945
12 filings on recordFY 20122023medium confidence
FY23 Total Revenue
$4.15M
▼ 1.9% YoY
FY23 Total Expenses
$4.21M
▲ 11.6% YoY
Operating Margin
-1.5%
revenue minus expenses ÷ revenue
Employees
160
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$4.1M
▲ 22.3% / 5y
3.43.73.74.24.1
Expenses
$4.2M
▲ 21.9% / 5y
3.53.43.43.84.2
Total Assets
$7.6M
▲ 28.0% / 5y
5.97.97.97.77.6
Total Liabilities
$3.0M
▲ 28.2% / 5y
2.33.73.73.03.0

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.4M$3.7M$3.7M$4.2M$4.1M+22.3%
Expenses$3.5M$3.4M$3.4M$3.8M$4.2M+21.9%
Net surplus-$64K$247K$247K$457K-$63K-1.7%
Total assets$5.9M$7.9M$7.9M$7.7M$7.6M+28.0%
Total liabilities$2.3M$3.7M$3.7M$3.0M$3.0M+28.2%
Net assets$3.6M$4.2M$4.2M$4.7M$4.6M+27.9%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
DAN ARGENTIERI
General Manager· 40h/wk
$115,000$18,690

+ 9 unpaid officers/directors as reported (CRAIG HOLTON, DAVID WANG, JOHN MITCHELL JR, +6 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
DUES AND ASSESSMENTS$3,163,884
PRO SHOP$242,572
TENNIS, POOL & FITNESS$52,422

NFounded in 1945, New Bern Golf & Country Club reported $4.15M of revenue for FY23, at an operating margin of -1.5%. Revenue moved down 1.9% 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 Wed May 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Tue May 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Mon May 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 9 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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