Purpoodock Club

The information for Purpoodock Club is as of the organization's most recent filing in September '22. This organization is located in Cape Elizabeth, ME. It has been in existence for 80 years, following its founding in 1942.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Purpoodock Club's NTEE code is N60. The "N" tells us that the organization is classified under Recreation & Sports. The "60" tells us that the organization is focused on Amateur Sports. The NTEE describes Amateur Sports organizations as those that provide opportunities for people of all ages to learn, become competitive in, and enjoy organized recreational activities, sports, or games of their choice. These organizations may offer coaching assistance, access to equipment and facilities, and may sponsor athletes to participate in amateur competitions. The Purpoodock Club is governed by section 7 of the Internal Revenue Code, which categorizes it as a Social and Recreational Club.

Program Areas

The operation of a golf course with approximately 450 members falls within the general fund, where the organization reports all revenues, support, and functional expenses that are not specifically reported by another fund or program.

Organization Staffing

Purpoodock Club is run by Erik Joncas, who is the President. The organization has 74 employees, none of whom are paid over $100k per year. Supporting the paid staff are 9 volunteers.

Board Governance

Purpoodock Club, a non-profit organization, appears to be well-governed based on the information provided. The organization has a total of 9 voting members, all of whom are independent. This ensures that decisions are made in the best interest of the organization without any potential conflicts of interest. Furthermore, both board meetings and committee meetings are documented, indicating a level of transparency and accountability in the organization's governance. This documentation allows for a clear record of discussions, decisions, and actions taken during these meetings. Although the organization does not have specific policies in place regarding conflicts of interest, whistleblower protection, document retention, and review of leadership and officer salaries, it is important to note that the absence of these policies does not necessarily indicate poor governance. However, implementing these policies in the future could further enhance the organization's governance practices. Overall, based on the information provided, Purpoodock Club demonstrates a commitment to transparency and accountability through the documentation of meetings. While there are areas for improvement, such as implementing policies related to conflicts of interest and whistleblower protection, the organization appears to be well-governed.

Organization Growth

The Purpoodock Club nonprofit organization has experienced growth over the given time period. Program Service Revenue increased from $1.5M in 2014 to $2.1M in 2021, while Other Revenue increased from $95.9K to $259.7K. The Total Revenue also saw an increase from $1.6M to $2.4M. Additionally, Employee Salaries increased from $672.6K to $959.1K, and Total Expenses increased from $1.6M to $2.2M. However, the organization saw a decrease in Total Employees, from 89 in 2014 to 74 in 2021.

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Board, Officers & Key Employees

Name (title)Compensation
Andrew Piantidosi
Secretary
$0
Jake Brown
Treasurer
$0
Greg Woodworth
Vice President
$0
Erik Joncas
President
$0
Lindsey Berkowitz
Director
$0
Burr Duryee
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$2,103,047
Investment income $1,217
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $40,253
Net Gain/Loss on Asset Sales -$13,299
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $193,422
Miscellaneous Revenue$0
Total Revenue $2,350,676

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