Burlington Country Club Corp
- Assets
- $9.0m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 154
- Location
- Burlington, VT
- Founding
- 05/1934
- Data as of
- 12/2023
- EIN
- 03-0171220
Organization Overview
Burlington Country Club Corp is located in Burlington, VT. The organization was established in 1934. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Burlington Country Club Corp employed 154 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burlington Country Club Corp is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Burlington Country Club Corp generated $5.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $4.6m during the year ending 12/2023. While expenses have increased by 2.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BURLINGTON COUNTRY CLUB HAS A PROUD HERITAGE AND TRADITION AS A PRIVATE, FAMILY-ORIENTED COUNTRY CLUB. WE ARE COMMITTED TO PROVIDING EXCEPTIONAL SERVICE, OUTSTANDING GOLF, RECREATION, AND SOCIAL EXPERIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE GOLF COURSE AND SOCIAL ACTIVITIES FOR MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Shattie Ceo/general | Officer | 40 | $158,861 |
Steve Hosack Director Of | 40 | $117,277 | |
Joseph Martaniuk Course Supt | 40 | $101,830 | |
Israel Maynard President | OfficerTrustee | 2 | $0 |
Tom Stretton Treasurer | OfficerTrustee | 2 | $0 |
Catherine Dingle Secretary | OfficerTrustee | 2 | $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 | $82,754 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,754 |
| Total Program Service Revenue | $2,935,583 |
| Investment income | $35,658 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,400 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $818,794 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,381,740 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $174,810 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,120,793 |
| Pension plan accruals and contributions | $44,988 |
| Other employee benefits | $101,666 |
| Payroll taxes | $243,701 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,678 |
| Fees for services: Accounting | $20,992 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,576 |
| Advertising and promotion | $0 |
| Office expenses | $33,275 |
| Information technology | $109,297 |
| Royalties | $0 |
| Occupancy | $493,841 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,369 |
| Interest | $58,044 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $538,687 |
| Insurance | $114,965 |
| All other expenses | $5,160 |
| Total functional expenses | $4,635,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,835 |
| Savings and temporary cash investments | $5,728 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $213,882 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $314,708 |
| Prepaid expenses and deferred charges | $74,336 |
| Net Land, buildings, and equipment | $8,186,102 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $173,360 |
| Total assets | $9,018,951 |
| Accounts payable and accrued expenses | $420,023 |
| Grants payable | $0 |
| Deferred revenue | $73,472 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,864,925 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,358,420 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $116,150 |
| Paid-in or capital surplus, or land, building, or equipment fund | $14,435 |
| Retained earnings, endowment, accumulated income, or other funds | $6,529,946 |
| Total liabilities and net assets/fund balances | $9,018,951 |