Longmeadow Golf Club
- Assets
- $3.8m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 45
- Location
- Lowell, MA
- Founding
- 06/1972
- Data as of
- 09/2022
- EIN
- 04-1554115
Organization Overview
Longmeadow Golf Club is located in Lowell, MA. The organization was established in 1972. 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 09/2022, Longmeadow Golf Club employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Longmeadow Golf Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2022, Longmeadow Golf Club generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.8m during the year ending 09/2022. While expenses have increased by 1.6% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL AND RECREATIONAL CLUB.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF COURSE
CLUBHOUSE
BAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Allison President | OfficerTrustee | 4 | $0 |
Leo Sheridan Treasurer | OfficerTrustee | 1 | $0 |
David Flanagan Jr Vice Preside | OfficerTrustee | 4 | $0 |
Bruce Brown Director | Trustee | 1 | $0 |
Geno Kelly Director | Trustee | 1 | $0 |
John Sheehian Director | Trustee | 1 | $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 | $1,361,066 |
| Investment income | $477 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,853 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $276,588 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,873,805 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $547,334 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $6,588 |
| Payroll taxes | $72,807 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,355 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $18,516 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $120,373 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $107,164 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $246,110 |
| Insurance | $80,877 |
| All other expenses | $229,151 |
| Total functional expenses | $1,760,028 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $959,340 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,545 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $26,221 |
| Prepaid expenses and deferred charges | $41,816 |
| Net Land, buildings, and equipment | $2,760,069 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,823,991 |
| Accounts payable and accrued expenses | $41,525 |
| Grants payable | $0 |
| Deferred revenue | $13,411 |
| 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 | $2,348,724 |
| Unsecured mortgages and notes payable | $36,144 |
| Other liabilities | $0 |
| Total liabilities | $2,439,804 |
| Net assets without donor restrictions | $1,384,187 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,823,991 |
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Wellesley Country Club Wellesley, MA | $55,523,277 | $17,353,733 |
Colony Club New York, NY | $19,784,366 | $16,065,896 |
Creek Inc Locust Valley, NY | $5,369,299 | $13,749,282 |
Woodway Country Club Incorporated Darien, CT | $32,570,201 | $14,880,536 |
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