COLD SPRING COUNTRY CLUB INC

EIN: 111562881

COLD SPRING HARBOR, NY

Total Revenue
$9,504,424
Total Expenses
$7,918,971
Total Assets
$27,907,922
Net Assets
$15,082,919
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
NY
Principal Officer
DOUG SOLOW
Phone
6316926550
Tax Period
2023-10-01 to 2024-09-30

COLD SPRING COUNTRY CLUB INC, founded in 1946, is a community nonprofit that reported $9.5M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.6M, a strong 17% operating margin.

Mission

TO PROVIDE GOLF, SOCIAL & OTHER SPORTS & RECREATIONAL ACTIVITES FOR THE BENEFIT OF ITS MEMBERS. THE CLUB ALSO MAINTAINS A CLUBHOUSE FOR THE USE AND ENJOYMENT OF 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 $6,964,491
Investment Income $134,301
Other Revenue $2,405,632
TOTAL REVENUE $9,504,424

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,924,734
Fundraising Expenses $0
Other Expenses $2,994,237
TOTAL EXPENSES $7,918,971

Year-over-Year Comparison

2023 2022 Change
Revenue $9,504,424 $8,643,481 +0.1%
Expenses $7,918,971 $7,883,471 +0.0%
Net Income $1,585,453 $760,010 +1.1%
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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Governance

Voting Members
14
Independent Members
13
Employees
169
Volunteers
60

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
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT TUCKER GENERAL MANAGER 40.00
$247,177 $25,651 $272,828
JAMES WEISS DIRECTOR OF GOLF 40.00
$220,135 $20,800 $240,935
MICHAEL KREY EXECUTIVE CHIEF 40.00
$191,234 $14,865 $206,099
DONALD CERVANTES GOLF COURSE SUPERI 40.00
$172,448 $12,167 $184,615
GARRY M WEISS Trustee 3.00
Director
$0 $0 $0
ALEX JAMES Trustee 3.00
Director
$0 $0 $0
DENISE WOLFBISS Trustee 3.00
Director
$0 $0 $0
KERRI WEINGARD Trustee 3.00
Director
$0 $0 $0
DAVID BOLTON Trustee 3.00
Director
$0 $0 $0
DOUG SOLOW Trustee 3.00
Director
$0 $0 $0
JOSH DEITCH Trustee 3.00
Director
$0 $0 $0
STEVE MEMOLI Trustee 3.00
Director
$0 $0 $0
LESLEY SISKIND BRODY Trustee 3.00
Director
$0 $0 $0
LISA WALSH Trustee 3.00
Director
$0 $0 $0
STU CANTOR Secretary 3.00
Officer
$0 $0 $0
ANDY ROBBINS Vice President 3.00
Officer
$0 $0 $0
MICHAEL SABATINO Treasurer 3.00
Officer
$0 $0 $0
ROBERT GILMAN President 3.00
Officer
$0 $0 $0
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 $9,504,424 $7,918,971 $27,907,922 $1,585,453
2023 $8,643,481 $7,883,471 $23,979,260 $760,010
2022 $7,339,822 $7,264,237 $22,516,864 $75,585
2021 $6,484,679 $6,137,938 $21,922,000 $346,741
2020 $6,006,312 $4,889,732 $20,525,685 $1,116,580
2019 $6,413,354 $6,300,761 $19,406,676 $112,593
2018 $5,846,869 $5,884,262 $19,631,646 $-37,393
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