| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $11.6M | $11.6M | $11.6M | $13.3M | $16.5M | +42.1% |
| Expenses | $14.4M | $14.5M | $14.5M | $17.3M | $19.3M | +34.3% |
| Net surplus | -$2.7M | -$2.9M | -$2.9M | -$4.0M | -$2.8M | +1.3% |
| Total assets | $49.7M | $48.7M | $48.7M | $49.7M | $52.2M | +5.0% |
| Total liabilities | $12.4M | $11.7M | $11.7M | $13.5M | $15.5M | +24.7% |
| Net assets | $37.3M | $37.0M | $37.0M | $36.2M | $36.7M | -1.5% |
| Officer · Employee | Reportable | Other |
|---|---|---|
MICHAEL SALERNO General Manager· 50h/wk | $454,068 | $38,627 |
TIM CANN DIRECTOR OF GOLF MAINTENANCE· 50h/wk | $253,494 | $4,516 |
JEFFREY S BELAU Chief Financial Officer· 50h/wk | $209,619 | $13,674 |
JOE BEEZUP Director of Golf· 50h/wk | $200,104 | $4,516 |
TERESA SALVAGGIO Food & Beverage Director· 50h/wk | $116,405 | $4,516 |
NIKI PLAITIS Human Resources Director· 50h/wk | $111,751 | $4,516 |
+ 14 unpaid officers/directors as reported (ANDREW TURLEY, ANDY HARRIS, CHARLES WHITE, +11 more)
| Vendor | Service | Paid |
|---|---|---|
BARNETT MANAGEMENT - AP FBO SOURCE MANAG PHILADELPHIA, PA | STAFFING CONTRACTOR | $777,473 |
CLIFF DRYSDALE MANAGEMENT LLC SCOTTSDALE, AZ | RACQUET PRO CONTRACTOR | $210,311 |
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES & ASSESSMENTS | $10,916,968 |
| TRAIL & LOCKER FEE | $919,859 |
| GOLF GUEST FEES | $454,582 |
| TENNIS FEES | $292,401 |
| TOURNAMENT FEES | $164,669 |
HFounded in 1996, Harbour Ridge Country Club reported $16.53M of revenue for FY23, at an operating margin of -16.8%. Revenue moved up 24.0% 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.