MBEA501(c)(7) · MEDIUMNAICS 713910EIN 81-0751816
Meadow Brook Golf Club Inc
Jericho, NY · founded 2016
8 filings on recordFY 2016–2023medium confidence
Compare to peers →FY23 Total Revenue
$7.84M
▲ 21.0% YoY
FY23 Total Expenses
$7.07M
▲ 6.3% YoY
Operating Margin
9.8%
revenue minus expenses ÷ revenue
Employees
74
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$7.8M
▲ 32.2% / 5y
Expenses
$7.1M
▲ 25.9% / 5y
Total Assets
$6.2M
▲ 35.7% / 5y
Total Liabilities
$1.7M
▼ 42.9% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $5.9M | $7.7M | $7.7M | $6.5M | $7.8M | +32.2% |
| Expenses | $5.6M | $6.0M | $6.0M | $6.6M | $7.1M | +25.9% |
| Net surplus | $316K | $1.7M | $1.7M | -$172K | $772K | +144.3% |
| Total assets | $4.5M | $4.6M | $4.6M | $5.1M | $6.2M | +35.7% |
| Total liabilities | $2.9M | $657K | $657K | $1.4M | $1.7M | -42.9% |
| Net assets | $1.7M | $3.9M | $3.9M | $3.8M | $4.5M | +172.9% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
MATTHEW DOBYNS Head Golf Professional· 40h/wk | $373,554 | $29,049 |
DENNIS HARRINGTON JR General Manager· 40h/wk | $320,241 | $31,944 |
JOHN D CARLONE Golf Course Superintendent· 40h/wk | $300,241 | $32,655 |
DANIEL GAGNON Executive Chef· 40h/wk | $138,458 | $29,027 |
EILEEN KREBS Controller· 40h/wk | $121,249 | $10,634 |
STEVEN HAWHURST MECHANIC· 40h/wk | $104,204 | $484 |
+ 16 unpaid officers/directors as reported (ADAM P GODFREY, ANDREW F NEVIN, BROOKE H COOPER, +13 more)
Top contractors
FY23 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $4,262,800 |
| INITIATION FEES | $1,312,812 |
| CAPITAL CHARGE | $298,800 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$0
▼ $95K paid down
Net land, buildings & equipment
$4.4M
book value, net of depreciation
Facility age
37%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Occupancy | $785,358 |
| Depreciation & depletion | $464,741 |
| Information technology | $44,781 |
| Office expenses | $74,691 |
| Legal fees | $9,718 |
| Accounting fees | $54,721 |
| Other professional fees | $23,777 |
MFounded in 2016, Meadow Brook Golf Club Inc reported $7.84M of revenue for FY23, at an operating margin of 9.8%. Revenue moved up 21.0% 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.
Source documents
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