Upper Montclair Country Club
- Assets
- $29.1m
- Revenue
- $15.7m
- Investments
- $0.0
- Employees
- 241
- Location
- Clifton, NJ
- Founding
- 10/1942
- Data as of
- 12/2023
- EIN
- 22-1349810
Organization Overview
Upper Montclair Country Club is located in Clifton, NJ. The organization was established in 1942. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Upper Montclair Country Club employed 241 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Upper Montclair Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Upper Montclair Country Club generated $15.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $14.8m during the year ending 12/2023. While expenses have increased by 5.9% per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRIVATE GOLF CLUB PROVIDING GOLF & DINING SERVICES TO THE MEMBERS & THEIR GUESTS
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 |
|---|---|---|---|
Brian T Reid President | OfficerTrustee | 3 | $0 |
Anthony Ciavaglia Vice President | OfficerTrustee | 3 | $0 |
Randal Robles Treasurer | OfficerTrustee | 3 | $0 |
Christopher Antonucci Secretary | OfficerTrustee | 3 | $0 |
Angelo Amitsis Trustee | Trustee | 3 | $0 |
Thomas Doherty Trustee | Trustee | 3 | $0 |
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 | $8,008,340 |
| Investment income | $69,417 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $6,944,287 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,739,347 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $740,709 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,104,219 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $680,878 |
| Payroll taxes | $735,747 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,000 |
| Fees for services: Accounting | $38,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $162,653 |
| Advertising and promotion | $0 |
| Office expenses | $714,826 |
| Information technology | $152,267 |
| Royalties | $0 |
| Occupancy | $1,313,893 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,657,396 |
| Insurance | $262,521 |
| All other expenses | $630,043 |
| Total functional expenses | $14,812,702 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,791,817 |
| Savings and temporary cash investments | $2,048,995 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,290,655 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $251,995 |
| Prepaid expenses and deferred charges | $15,297 |
| Net Land, buildings, and equipment | $17,725,649 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $988,142 |
| Total assets | $29,112,550 |
| Accounts payable and accrued expenses | $983,959 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $15,454,000 |
| Total liabilities | $16,437,959 |
| Net assets without donor restrictions | $12,674,591 |
| 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 | $29,112,550 |