FRESH MEADOW COUNTRY CLUB INC

EIN: 110774640

LAKE SUCCESS, NY

Total Revenue
$16,392,063
Total Expenses
$13,678,574
Total Assets
$25,548,157
Net Assets
$9,966,667
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1921
Legal Domicile
NY
Principal Officer
STEVEN MITCHELL
Phone
5164827300
Tax Period
2023-01-01 to 2023-12-31

FRESH MEADOW COUNTRY CLUB INC, founded in 1921, is a mid-sized nonprofit that reported $16.4M in total revenue in fiscal year 2023. The organization ran a surplus of $2.7M, a strong 17% operating margin.

Mission

A PRIVATE CLUB OFFERING ITS MEMBERS EXCEPTIONAL GOLF & FIVE STAR FOOD & BEVERAGE SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $11,868,812
Investment Income $69,893
Other Revenue $4,453,358
TOTAL REVENUE $16,392,063

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,625,878
Fundraising Expenses $0
Other Expenses $6,052,696
TOTAL EXPENSES $13,678,574

Year-over-Year Comparison

2023 2022 Change
Revenue $16,392,063 $16,352,767 +0.0%
Expenses $13,678,574 $15,154,433 -0.1%
Net Income $2,713,489 $1,198,334 +1.3%
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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
23
Independent Members
23
Employees
155
Volunteers
23

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
$0
Total Directors
23
$0
Key Employees
2
$944,808
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOWARD HERSHENHORN PRESIDENT 3.00
Officer Director
$0 $0 $0
STEVE MARVIN VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
STEVEN MITCHELL TREASURER 3.00
Officer Director
$0 $0 $0
STEVE KLEINBERG SECRETARY 3.00
Officer Director
$0 $0 $0
MARK CLASTER BOARD MEMBER 3.00
Director
$0 $0 $0
MITCHELL DRUCKER BOARD MEMBER 3.00
Director
$0 $0 $0
NEIL GARFINKEL BOARD MEMBER 3.00
Director
$0 $0 $0
VICTOR GANY BOARD MEMBER 3.00
Director
$0 $0 $0
MICHAEL HELLER BOARD MEMBER 3.00
Director
$0 $0 $0
ANDREW HOINE BOARD MEMBER 3.00
Director
$0 $0 $0
BARRY JUPITER BOARD MEMBER 3.00
Director
$0 $0 $0
JILL LAMORETTI BOARD MEMBER 3.00
Director
$0 $0 $0
NANCY LANE BOARD MEMBER 3.00
Director
$0 $0 $0
PAUL LEVY BOARD MEMBER 3.00
Director
$0 $0 $0
PHIL MALAKOFF BOARD MEMBER 3.00
Director
$0 $0 $0
CHRIS MONGELUZO BOARD MEMBER 3.00
Director
$0 $0 $0
RODNEY NATHAN BOARD MEMBER 3.00
Director
$0 $0 $0
ANDREW STEIN BOARD MEMBER 3.00
Director
$0 $0 $0
JARED WASSERMAN BOARD MEMBER 3.00
Director
$0 $0 $0
ANDREW WEINSTOCK BOARD MEMBER 3.00
Director
$0 $0 $0
MICHAEL ZIMMERMAN BOARD MEMBER 3.00
Director
$0 $0 $0
STACEY BENNETT BOARD MEMBER 3.00
Director
$0 $0 $0
JANE ZIMMERMAN BOARD MEMBER 3.00
Director
$0 $0 $0
JOSEPH GARDNER GREENS SUPERINTENDENT 50.00
Key Emp
$415,510 $56,956 $472,466
EDWARD LEONARD GENERAL MANAGER 50.00
Key Emp
$425,000 $47,342 $472,342
PHILLIP CASTRO EXECUTIVE CHEF 50.00
Highest
$172,980 $22,500 $195,480
DANY BALIN GOLF PRO 50.00
Highest
$286,077 $58,156 $344,233
LESLIE YOUNG-ZEOLI CONTROLLER 40.00
Highest
$186,836 $20,374 $207,210
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
2024 No data No data No data No data
2023 $16,392,063 $13,678,574 $25,548,157 $2,713,489
2022 $16,352,767 $15,154,433 $21,928,305 $1,198,334
2021 $12,798,116 $13,346,748 $19,513,475 $-548,632
2020 $10,739,478 $9,369,772 $19,136,759 $1,369,706
2019 $13,253,937 $12,194,123 $17,621,875 $1,059,814
2018 $12,200,468 $12,186,186 $17,212,748 $14,282
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