THE HEIGHTS CASINO INC

EIN: 110868220

BROOKLYN, NY

Total Revenue
$7,330,122
Total Expenses
$7,088,706
Total Assets
$8,949,087
Net Assets
$4,512,996
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Financial Trends

Organization Details

Formation Year
1904
Legal Domicile
NY
Principal Officer
JUSTIN LUNGSTRUM
Phone
7186240810
Tax Period
2023-09-01 to 2024-08-31

THE HEIGHTS CASINO INC is a tax-exempt nonprofit with EIN 110868220, based in BROOKLYN, NY. Founded in 1904, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $7,330,122 in total revenue and $7,088,706 in total expenses, with net assets of $4,512,996.

Mission

THE CLUB PROVIDES TENNIS AND SQUASH FACILITIES FOR THE MEMBERS. IN ADDITION, THE CLUB MAINTAINS A CLUBHOUSE IN WHICH DINING FACILITIES ARE AVAILABLE FOR THE MEMBERSHIP.

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Trantor Score

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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 $2,608,916
Investment Income $56,855
Other Revenue $4,664,351
TOTAL REVENUE $7,330,122

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,259,880
Fundraising Expenses $0
Other Expenses $3,828,826
TOTAL EXPENSES $7,088,706

Year-over-Year Comparison

2023 2022 Change
Revenue $7,330,122 $6,630,812 +0.1%
Expenses $7,088,706 $6,687,247 +0.1%
Net Income $241,416 $-56,435 -5.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
55
Volunteers
12

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
12
$0
Key Employees
1
$374,097
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN LUNGSTRUM PRESIDENT 3.00
Officer Director
$0 $0 $0
NADINE KIM VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
ADRIAN BUZZ DOHERTY TREASURER 3.00
Officer Director
$0 $0 $0
MELISSA BARNETT SECRETARY 3.00
Officer Director
$0 $0 $0
ALI HILL GOVERNOR 3.00
Director
$0 $0 $0
ROBERT BOB WHITEFORD GOVERNOR 3.00
Director
$0 $0 $0
JONATHAN INSULL GOVERNOR 3.00
Director
$0 $0 $0
WILLIAM BILL RIFKIN GOVERNOR 3.00
Director
$0 $0 $0
ERIN DOCKERY MACDERMOTT GOVERNOR 3.00
Director
$0 $0 $0
MEREDETH QUICK BARBER GOVERNOR 3.00
Director
$0 $0 $0
SYBIL POOL GOVERNOR 3.00
Director
$0 $0 $0
PATRICK SWEENEY GOVERNOR 3.00
Director
$0 $0 $0
CRISTIAN PETRINA GENERAL MANAGER 40.00
Key Emp
$346,633 $27,464 $374,097
CLINTON ALFORD DIRECTOR OF TENNIS DEPT. 40.00
Highest
$293,156 $34,847 $328,003
JAMES BAMBER FMR DIRECTOR OF SQUASH DEP 40.00
Highest
$190,737 $11,719 $202,456
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 $7,330,122 $7,088,706 $8,949,087 $241,416
2023 $6,630,812 $6,687,247 $8,389,999 $-56,435
2022 $5,747,844 $6,263,582 $6,568,035 $-515,738
2021 $5,587,085 $4,888,939 $6,822,073 $698,146
2020 $5,502,357 $5,669,854 $6,279,639 $-167,497
2019 $6,306,973 $6,595,109 $6,511,015 $-288,136
2018 $6,059,255 $6,134,153 $6,928,850 $-74,898
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