Dublin Lake Club

The information for Dublin Lake Club is as of the organization's most recent filing in December 2018. This organization is located in Dublin, NH and has been in existence for 73 years, following its founding in 1945.

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 Dublin Lake Club's NTEE code is N50. The "N" tells us that the organization is classified along with Recreation & Sports. The "50" tells us that the organization is a Recreational Club. The NTEE describes Recreational Clubs as organizations that make available to members and their guests facilities for recreational activities, sports and games, as well as social clubs that provide opportunities for people to meet and socialize, and special interest clubs which enable people to share hobbies or other interests. These organizations are typically 501(c)(7) organizations, as classified by the Internal Revenue Code, which describes them as Social and Recreational Clubs.

Program Areas

The Club was established to provide recreational and social activities for its members, such as golf, sailing, and tennis, in order to promote meaningful interaction and connection.

Organization Staffing

Dublin Lake Club is run by Bruce Keough, who is the President. The organization has 45 employees, none of whom are paid more than $100k per year (according to the organization's most recent 990 tax filing). There are no volunteers supporting the paid staff.

Board Governance

The Dublin Lake Club is an exemplary example of good governance. With 18 voting members and 18 independent members, there is a clear balance of interests, and the potential for conflicts of interest is nonexistent. The organization has not delegated management to an outside firm, and all board and committee meetings are documented, which helps ensure transparency and accountability. The Dublin Lake Club also has a conflict of interest policy and a requirement for disclosure of conflicts, which further guarantees that the organization is well-governed. Furthermore, the organization provides copies of the 990 to the board prior to filing, ensuring that the board is aware of any financial implications of their decisions. While the Dublin Lake Club does not have a written whistleblower policy or a document retention policy, and does not substantiate and review leadership or officer salaries, the organization still demonstrates a commitment to good governance.

Organization Growth

Overall, the Dublin Lake Club has experienced a mixed trend of growth and decrease over the past two years. Grants and contributions received have increased, while program service revenue, investment income, and total revenue have decreased. Employee salaries and total expenses have also increased, while the number of employees has seen an uptick.