Forces Shaping Your Club’s Operations
Recorded On: 10/02/2018
While every private club is unique, larger forces can play a significant role in how individual clubs and the industry as a whole perform. Based on data from approximately 340 private clubs, this session discusses these trends and will provide expert insights and benchmarks in critical club areas for their leaders to analyze at their own operations. These topics include:
- The state of the economy for private clubs
- Current membership trends
- Revenue trends
- Capital projects – How are they being paid for?
- Club operations trends – Restaurants, rooms and golf course maintenance
- Internal controls/cyber-crime and risks
James J. Hankowski, CPA
Partner, Condon O’Meara McGinty & Donnelly LLP
James J. Hankowski CPA is a partner of Condon O’Meara McGinty & Donnelly LLP. The firm specializes in the auditing and accounting for over 325 private clubs in 16 states. Jim predominantly handles the New Jersey Club practice. He was a past board member of the Hospitality Financial and Technology Professionals Association. He has presented seminars on Club operations to the Club Managers Association of America and The National Club Association. Jim has written articles published in industry magazines and has over 30 years of experience in servicing Clubs. Jim served on the sub-committee for the revision of the Uniform System of Financial Reporting for Clubs.
Matthew P. O’Dell, CPA
Audit Partner, Condon O’Meara McGinty & Donnelly LLP
Matthew P. O’Dell, CPA, is an audit partner with the accounting firm of Condon O’Meara McGinty & Donnelly LLP. Matt has worked with private clubs for approximately 23 years. His prime responsibilities and area of expertise include accounting, auditing and internal control review. Matt has authored and contributed to various articles in leading club national publications and has spoken at annual conferences throughout the country and local chapter meetings regarding club operations.