NEW LAUREL CREEK COUNTRY CLUB INC

EIN: 232838642

MOUNT LAUREL, NJ

Total Revenue
$10,013,551
Total Expenses
$9,874,584
Total Assets
$16,254,386
Net Assets
$9,610,519
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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
1995
Legal Domicile
NJ
Principal Officer
JOHN VENNE
Phone
8562347663
Tax Period
2023-01-01 to 2023-12-31

NEW LAUREL CREEK COUNTRY CLUB INC, founded in 1995, is a mid-sized nonprofit that reported $10.0M in total revenue in fiscal year 2023.

Mission

TO PROVIDE FACILITIES TO PLAY GOLF AND OTHER RECREATIONAL ACTIVITIES FOR ITS MEMBERS, THEIR FAMILY AND GUESTS.

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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 $8,430,023
Investment Income $48,263
Other Revenue $1,535,265
TOTAL REVENUE $10,013,551

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,618,973
Fundraising Expenses $0
Other Expenses $4,255,611
TOTAL EXPENSES $9,874,584

Year-over-Year Comparison

2023 2022 Change
Revenue $10,013,551 $9,438,466 +0.1%
Expenses $9,874,584 $8,923,398 +0.1%
Net Income $138,967 $515,068 -0.7%
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
307
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
11
$0
Key Employees
2
$510,687
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL BIANCO PRESIDENT 3.00
Officer Director
$0 $0 $0
MICHAEL HUGHEY VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
JOHN VENNE TREASURER 3.00
Officer Director
$0 $0 $0
DEAN KRAMER SECRETARY 3.00
Officer Director
$0 $0 $0
SEAN FOX BOARD MEMBER 3.00
Director
$0 $0 $0
SCOTT DUMAN BOARD MEMBER 3.00
Director
$0 $0 $0
KIEL GILLIAND BOARD MEMBER 3.00
Director
$0 $0 $0
ERICH HERKOLZ BOARD MEMBER 3.00
Director
$0 $0 $0
JOHN HIGGENS BOARD MEMBER 3.00
Director
$0 $0 $0
GREG MARKUS BOARD MEMBER 3.00
Director
$0 $0 $0
CHRIS NOYES BOARD MEMBER 3.00
Director
$0 $0 $0
JOEL INMAN GENERAL MANAGER 40.00
Key Emp
$263,535 $22,033 $285,568
JOHN SLADE SUPERINTENDENT 40.00
Key Emp
$182,039 $43,080 $225,119
ELISHA CARSON CONTROLLER 40.00
Highest
$161,231 $42,627 $203,858
PETER ROSENBLAT EXECUTIVE CHEF 40.00
Highest
$154,068 $5,890 $159,958
ROBERT HENNEFER GOLF PROFESSIONAL 40.00
Highest
$131,897 $16,473 $148,370
KAREN WRIGHT CLUBHOUSE MANAGER 40.00
Highest
$109,847 $14,400 $124,247
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 $10,013,551 $9,874,584 $16,254,386 $138,967
2022 $9,438,466 $8,923,398 $16,672,947 $515,068
2021 $8,547,597 $7,289,249 $14,710,768 $1,258,348
2020 $7,070,750 $6,338,623 $13,468,848 $732,127
2019 $6,945,781 $6,722,918 $13,409,334 $222,863
2018 $6,398,770 $6,102,205 $12,838,172 $296,565
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