Quaker Ridge Golf Club Inc
- Assets
- $45.6m
- Revenue
- $13.8m
- Investments
- $0.0
- Employees
- 123
- Location
- Scarsdale, NY
- Founding
- 08/1938
- Data as of
- 12/2021
- EIN
- 13-1726234
Organization Overview
Quaker Ridge Golf Club Inc is located in Scarsdale, NY. The organization was established in 1938. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Quaker Ridge Golf Club Inc employed 123 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quaker Ridge Golf Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Quaker Ridge Golf Club Inc generated $13.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $12.0m during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE GAME OF GOLF, AND OTHER OUTDOOR SPORTS, AND ALSO SOCIAL INTERCOURSE, AMONG ITS MEMBERS AND TO FURNISH SUITABLE FACILITIES THEREFORE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAX EXEMPT CLUB ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Musich General Manager/coo | Officer | 40 | $376,610 |
Mario Guerra Head Golf Pro | 40 | $335,503 | |
Thomas Ashfield Greens Superintedent | Officer | 40 | $301,609 |
Joseph Day Executive Chef | 40 | $181,478 | |
Ann Freeman Controller | 40 | $124,021 | |
Neil Sandler Vice President | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Douglas Graneto Design Clubhouse Decoration | 12/30/21 | $1,109,943 |
Kenneth Nadler Consulting Architect Fees | 12/30/21 | $557,364 |
Labar Golf Renovations Golf Course Renovations | 12/30/21 | $571,348 |
Adow Pools Pool Maintenance | 12/30/21 | $121,845 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $9,462,002 |
| Investment income | $17,539 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $119,800 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,959,946 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,797,158 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,295 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $750,560 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,600,232 |
| Pension plan accruals and contributions | $21,808 |
| Other employee benefits | $361,082 |
| Payroll taxes | $472,203 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $254,499 |
| Fees for services: Accounting | $33,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,057 |
| Advertising and promotion | $0 |
| Office expenses | $213,976 |
| Information technology | $53,818 |
| Royalties | $0 |
| Occupancy | $624,131 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $405,788 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $389,262 |
| All other expenses | $422,373 |
| Total functional expenses | $11,955,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $762,409 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $228,510 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $198,787 |
| Prepaid expenses and deferred charges | $399,151 |
| Net Land, buildings, and equipment | $41,705,169 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,261,196 |
| Total assets | $45,555,222 |
| Accounts payable and accrued expenses | $1,587,374 |
| Grants payable | $0 |
| Deferred revenue | $1,604,752 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $22,421,102 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,089,722 |
| Total liabilities | $29,702,950 |
| Net assets without donor restrictions | $15,852,272 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $45,555,222 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Quaker Ridge Golf Club Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Wendi And Joseph B Rose Foundation New York, NY PURPOSE: EXCLUSIVERLY CHARITABLE, RELIGIOUS, EDUCATIONAL LITERARY AND SCIENTIFICE PURPOSE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Quaker Ridge Golf Club Inc Scarsdale, NY | $45,555,222 | $13,797,158 |
Scarsdale Golf Club Inc Hartsdale, NY | $24,959,613 | $12,672,303 |
Hartford Golf Club West Hartford, CT | $10,526,252 | $10,110,374 |
Hempstead Golf Club Inc Hempstead, NY | $9,116,815 | $9,107,574 |
Spring Lake Golf Club Spring Lake, NJ | $38,282,352 | $9,016,811 |
Blind Brook Club Inc Purchase, NY | $28,184,694 | $8,355,363 |
Westchester Hills Golf Club White Plains, NY | $7,065,789 | $7,028,257 |
Golf Club Of Avon Inc Avon, CT | $12,352,994 | $6,540,190 |
Nissequogue Golf Club Inc St James, NY | $10,129,606 | $6,149,464 |
Smoke Rise Club Kinnelon, NJ | $2,441,144 | $4,889,227 |
Massachusetts Golf Association Inc Norton, MA | $15,590,916 | $5,132,097 |
Pittsburgh Golf Club Pittsburgh, PA | $8,344,017 | $4,467,667 |