HUNTINGTON CRESCENT CLUB INC

EIN: 110899778 Recreation & Sports

HUNTINGTON, NY

Total Revenue
$12,057,346
Total Expenses
$10,015,569
Total Assets
$19,807,164
Net Assets
$12,540,397
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1939
Legal Domicile
NY
Principal Officer
JAMES WEBER
Phone
6314273400
Tax Period
2023-01-01 to 2023-12-31

HUNTINGTON CRESCENT CLUB INC, founded in 1939, is a mid-sized nonprofit in the Recreation & Sports sector that reported $12.1M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 17% operating margin.

Mission

A PRIVATE OWNED CLUB. FOR THE PURPOSE OF THE PROMOTION AND CULTIVATION OF SOCIAL ACTIVITIES AND ATHLETIC GAMES AMONG ITS 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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $7,979,612
Investment Income $158,388
Other Revenue $3,919,346
TOTAL REVENUE $12,057,346

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,586,836
Fundraising Expenses $0
Other Expenses $4,428,733
TOTAL EXPENSES $10,015,569

Year-over-Year Comparison

2023 2022 Change
Revenue $12,057,346 $9,637,296 +0.3%
Expenses $10,015,569 $9,534,554 +0.1%
Net Income $2,041,777 $102,742 +18.9%
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
13
Independent Members
13
Employees
210
Volunteers
13

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
13
$0
Key Employees
2
$730,460
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE DEBELLIS PRESIDENT 3.00
Officer Director
$0 $0 $0
BERNARD LONDON VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
ANTHONY ORICOLI TREASURER 3.00
Officer Director
$0 $0 $0
TERRY WALKER SECRETARY 3.00
Officer Director
$0 $0 $0
ROBERT BOURKE BOARD MEMBER 3.00
Director
$0 $0 $0
NICHOLAS LIBERATOSCIOLI BOARD MEMBER 3.00
Director
$0 $0 $0
JOSEPH CARILLO BOARD MEMBER 3.00
Director
$0 $0 $0
DR RICHARD HENRY BOARD MEMBER 3.00
Director
$0 $0 $0
PETER PASTORELLI BOARD MEMBER 3.00
Director
$0 $0 $0
ADAM LEON BOARD MEMBER 3.00
Director
$0 $0 $0
PAUL PATERNOSTER BOARD MEMBER 3.00
Director
$0 $0 $0
GREGG STANZIONE BOARD MEMBER 3.00
Director
$0 $0 $0
VINCENT LUMIA BOARD MEMBER 3.00
Director
$0 $0 $0
HAGEN FRIEHOFF GENERAL MANAGER 40.00
Key Emp
$355,201 $20,618 $375,819
PETER CASH GOLF COURSE SUPERINTENDENT 40.00
Key Emp
$313,640 $41,001 $354,641
JOHN BOOTH CONTROLLER 40.00
Highest
$194,727 $31,408 $226,135
PATRICK MCCARTHY GOLF PRO 40.00
Highest
$133,218 $31,401 $164,619
MICHAEL CHANG HEAD CHEF 40.00
Highest
$162,973 $11,018 $173,991
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 $12,057,346 $10,015,569 $19,807,164 $2,041,777
2022 $9,637,296 $9,534,554 $18,384,099 $102,742
2021 $9,571,803 $8,440,416 $18,101,805 $1,131,387
2020 $6,941,074 $7,271,803 $17,192,653 $-330,729
2019 $9,035,828 $7,733,454 $18,293,030 $1,302,374
2018 $6,700,257 $6,788,665 $16,973,947 $-88,408
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