INWOOD COUNTRY CLUB

EIN: 110908748

INWOOD, NY

Total Revenue
$7,803,730
Total Expenses
$7,479,480
Total Assets
$10,669,817
Net Assets
$-406,466
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1901
Legal Domicile
NY
Principal Officer
JERROLD WEINSTEIN
Phone
5162392800
Tax Period
2023-01-01 to 2023-12-31

INWOOD COUNTRY CLUB, founded in 1901, is a community nonprofit that reported $7.8M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $7.5M left a modest 4% surplus.

Mission

TO PROMOTE SOCIAL INTERACTION AMONG ITS MEMBERS, TO ENCOURAGE AND STIMULATE AN INTEREST IN OUTDOOR SPORTS AND PERFORM SUCH THINGS AS THEY MAY PERTAIN TO SUCH PURPOSES.

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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 $5,338,944
Investment Income $13,344
Other Revenue $2,451,442
TOTAL REVENUE $7,803,730

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,506,976
Fundraising Expenses $0
Other Expenses $3,972,504
TOTAL EXPENSES $7,479,480

Year-over-Year Comparison

2023 2022 Change
Revenue $7,803,730 $8,577,789 -0.1%
Expenses $7,479,480 $7,714,815 0.0%
Net Income $324,250 $862,974 -0.6%
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
12
Independent Members
12
Employees
116
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
2
$366,211
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOUIS RUSINOWITZ PRESIDENT 3.00
Officer Director
$0 $0 $0
LELAND ROTH CFO 3.00
Officer Director
$0 $0 $0
DAVID BERNSTEIN SECRETARY 3.00
Officer Director
$0 $0 $0
JERROLD WEINSTEIN TREASURER 3.00
Officer Director
$0 $0 $0
MICHAEL HUTTENLOCHER BOARD MEMBER 3.00
Director
$0 $0 $0
LINDA SCHULMAN BOARD MEMBER 3.00
Director
$0 $0 $0
BRIAN ZIEGLER BOARD MEMBER 3.00
Director
$0 $0 $0
DANIEL FRIEDMAN BOARD MEMBER 3.00
Director
$0 $0 $0
JUDITH WEINSTEIN BOARD MEMBER 3.00
Director
$0 $0 $0
KEITH HARPER BOARD MEMBER 3.00
Director
$0 $0 $0
RICHARD BEGUN BOARD MEMBER 3.00
Director
$0 $0 $0
DAN FAIRCLOUGH BOARD MEMBER 3.00
Director
$0 $0 $0
JAMES BUONAIUTO GENERAL MANAGER 40.00
Key Emp
$187,116 $0 $187,116
TIMOTHY FALVEY GREENS SUPERINTENDENT 40.00
Key Emp
$170,038 $9,057 $179,095
JOSEPH COMUNALE EXECUTIVE CHEF 40.00
Highest
$150,646 $25,813 $176,459
DEANN PARSONS-LOPEZ CONTROLLER 40.00
Highest
$135,908 $0 $135,908
KYLE HIGGINS GOLF PRO 40.00
Highest
$126,787 $0 $126,787
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 $7,803,730 $7,479,480 $10,669,817 $324,250
2022 $8,577,789 $7,714,815 $10,850,265 $862,974
2021 $7,566,256 $6,872,803 $11,369,464 $693,453
2020 $6,590,227 $5,522,802 $10,617,428 $1,067,425
2019 $6,601,178 $6,201,726 $10,076,234 $399,452
2018 $6,072,106 $5,835,284 $10,023,232 $236,822
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