The information for Rockaway River Country Club is as of the organization's most recent filing in September 2020. This organization is located in Denville, NJ and has been in existence for 61 years, following its founding in 1959.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
Rockaway River Country Club's NTEE code is N60. The "N" tells us that the organization is classified along with Recreation & Sports. The "60" tells us that the organization is an Amateur Sports organization. The NTEE describes Amateur Sports organizations as those that provide opportunities for people of all ages to learn, become competitive in and enjoy the organized recreational activity, sport or game of their choice.
Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to be a 501(c)(7) organization. The IRS describes these organizations as Social and Recreational Clubs.
The mission of the Rockaway River Country Club is to provide golf, tennis, and swimming facilities for its members and to maintain a clubhouse in which dining facilities are available for the use and enjoyment of its members.
The program area of Tax Exempt Club Activities encompasses all activities funded by tax exempt organizations.
Rockaway River Country Club is run by Frank Mangiafico, who is the President. The organization has 123 employees, of whom only 5 are paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are 15 volunteers.
Rockaway River Country Club has an impressive governance structure, with a total of 15 voting members and an equal number of independent members. The organization does not have any potential conflicts of interest and has not delegated management to an outside firm. Board and committee meetings are documented, and the organization has a conflict of interest policy in place that requires disclosure of any potential conflicts. Furthermore, Rockaway River Country Club has a written whistleblower policy and substantiates and reviews leadership and officer salaries. Finally, the organization provides copies of the 990 to the board prior to filing. All in all, Rockaway River Country Club appears to have a well-structured and transparent governance system.
The Rockaway River Country Club has grown over the 2015 to 2019 time period, as evidenced by an increase in program service revenue, employee salaries, total revenue, and total employees. However, other revenue decreased over this time period, as did the number of volunteers.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Topakas Greens Superintendent | Officer | 60 | $243,853 |
Michael Ferguson Fmr. General Manager | Officer | 60 | $200,172 |
Gregory Baker Head Golf Pro | 60 | $166,627 | |
Francisco Mena Fmr. Executive Chef | 60 | $132,027 | |
Lisa Lamonica Controller | 60 | $131,299 | |
Andrew Gittle Treasurer | OfficerTrustee | 3 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Interiors On The Hudson Interior Design | 9/29/18 | $122,649 |
Fc Catering Llc Catering | 9/29/18 | $110,179 |
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 | $5,099,207 |
Investment income | $1,944 |
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 | $2,360,521 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,531,726 |
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. | $244,670 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,882,807 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $221,799 |
Payroll taxes | $460,025 |
Fees for services: Management | $0 |
Fees for services: Legal | $9,436 |
Fees for services: Accounting | $26,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $45,315 |
Advertising and promotion | $0 |
Office expenses | $379,702 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $463,609 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $54,512 |
Interest | $178,155 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $695,109 |
Insurance | $112,783 |
All other expenses | $0 |
Total functional expenses | $6,975,948 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,464,595 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $573,243 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $104,147 |
Prepaid expenses and deferred charges | $43,290 |
Net Land, buildings, and equipment | $9,580,883 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $15,766,158 |
Accounts payable and accrued expenses | $645,661 |
Grants payable | $0 |
Deferred revenue | $1,069,159 |
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 | $10,835,916 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $336,447 |
Total liabilities | $12,887,183 |
Net assets without donor restrictions | $2,878,975 |
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 | $15,766,158 |
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