GREENWICH COUNTRY CLUB

EIN: 060374900

GREENWICH, CT

Total Revenue
$25,624,387
Total Expenses
$19,404,719
Total Assets
$53,086,167
Net Assets
$40,708,980
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1892
Legal Domicile
CT
Principal Officer
LOUIS PAGLIA
Phone
2038691000
Tax Period
2025-01-01 to 2025-12-31

GREENWICH COUNTRY CLUB, founded in 1892, is a mid-sized nonprofit that reported $25.6M in total revenue in fiscal year 2025. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.2M, a strong 24% operating margin.

Mission

TO MAINTAIN A CLUBHOUSE AND GOLF GROUNDS; TO CULTIVATE A SOCIAL SPIRIT AMONG ITS MEMBERS; TO PROVIDE THEM WITH LAWFUL RECREATION TO DO GENERALLY WHATEVER MAY SERVE FOR THE ADVANCEMENT, BENEFIT, DIVERSION OR PLEASURE OF THE MEMBERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $24,041,490
Investment Income $155,111
Other Revenue $1,427,786
TOTAL REVENUE $25,624,387

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,412,638
Fundraising Expenses $0
Other Expenses $7,992,081
TOTAL EXPENSES $19,404,719

Year-over-Year Comparison

2025 2024 Change
Revenue $25,624,387 $19,579,417 +0.3%
Expenses $19,404,719 $18,259,664 +0.1%
Net Income $6,219,668 $1,319,753 +3.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
321
Volunteers
65

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$573,972
Total Directors
15
$0
Key Employees
2
$476,879
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FORBES HOPPER PRESIDENT 2.00
Officer Director
$0 $0 $0
LOUIS PAGLIA BOARD MEMBER/TREASURER & VP 2.00
Officer Director
$0 $0 $0
RHIANNON FORLINI BOARD MEMBER / SECRETARY/H 2.00
Officer Director
$0 $0 $0
JAMES BERGER BOARD MEMBER/GOLF CHAIR 1.00
Director
$0 $0 $0
MATTHEW PETERSEN BOARD MEMBER/ADMISSIONS CHAIR 1.00
Director
$0 $0 $0
CAROLINE MCNALLY BOARD MEMBER/ ASSOCIATES C 1.00
Director
$0 $0 $0
ANDREW MILGRAM STRATEGIC INITIATIVES 1.00
Director
$0 $0 $0
CYNTHIA DIPRETA SEASONAL CO-CHAIR 1.00
Director
$0 $0 $0
BILL RIDENOUR BOARD MEMBER / RACQUETS CHAIR 1.00
Director
$0 $0 $0
HANK MINCHIN BOARD MEMBER /ASSISTANT TREASURER 1.00
Director
$0 $0 $0
TRICIA KAPP BOARD MEMBER/HOUSE CHAIR 1.00
Director
$0 $0 $0
JAMES CLARK LEGAL CO-CHAIR 1.00
Director
$0 $0 $0
MARC ZELINA LEGAL CO- CHAIR 1.00
Director
$0 $0 $0
KELLY WANG BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK WIND STRATEGIC INITIATIVES 1.00
Director
$0 $0 $0
DARRELL ARMSTRONG GENERAL MANAGER & COO 50.00
Officer
$573,972 $0 $573,972
MIKE KINCAID SUPERINTENDENT 50.00
Key Emp
$289,462 $2,600 $292,062
MICHAEL DEGNAN DIRECTOR OF FINANCE 50.00
Key Emp
$184,817 $0 $184,817
ROXANA ENICA DIRECTOR OF RACQUETS 40.00
Highest
$628,341 $0 $628,341
ANDREW GRUSS GOLF PRO 40.00
Highest
$265,530 $0 $265,530
RODNEY EYLES DIRECTOR OF SQUASH 40.00
Highest
$252,256 $1,300 $253,556
DANIELE HUMPHREYS ASSISTANT GENERAL MANAGER 50.00
Highest
$193,468 $0 $193,468
MICHAEL MANCZ ASST GOLF PRO 40.00
Highest
$192,698 $325 $193,023
JOHN JOHNSON FORMER EXECUTIVE CHEF 50.00
$171,999 $1,650 $173,649
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $25,624,387 $19,404,719 $53,086,167 $6,219,668
2024 $19,579,417 $18,259,664 $48,032,592 $1,319,753
2023 $20,516,217 $17,154,780 $47,358,875 $3,361,437
2022 $18,038,123 $16,397,389 $48,052,431 $1,640,734
2021 $23,136,592 $14,859,034 $48,407,804 $8,277,558
2020 $14,130,878 $13,036,522 $34,959,571 $1,094,356
2019 $14,299,776 $13,282,404 $34,059,566 $1,017,372
2018 $14,952,330 $12,784,741 $30,706,896 $2,167,589
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