Marshfield Country Club
- Assets
- $3.7m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 42
- Location
- Marshfield, MA
- Founding
- 02/1955
- Data as of
- 12/2022
- EIN
- 04-1585740
Organization Overview
Marshfield Country Club is located in Marshfield, MA. The organization was established in 1955. 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 12/2022, Marshfield Country Club employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marshfield Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Marshfield Country Club generated $5.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $5.3m during the year ending 12/2022. While expenses have increased by 3.7% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NON PROFIT GOLFING AND DINING
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF AND DINING SERVICES FOR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Yanulis Membership Chair | Trustee | 3 | $0 |
Deb Sullivan Director | Trustee | 3 | $0 |
Fernando Guitart Vice President | OfficerTrustee | 7 | $0 |
Jim Cesarz Director | Trustee | 3 | $0 |
Ken Jacobson President | OfficerTrustee | 7 | $0 |
Mike Tufts Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Thomas Harrington Superintendent | 12/30/21 | $166,643 |
Steven Coe Executive Chef | 12/30/21 | $102,500 |
James Antonelli Director Of Operations | 12/30/21 | $135,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $50 |
| Membership dues | $2,494,948 |
| 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 | $2,494,998 |
| Total Program Service Revenue | $2,454,138 |
| Investment income | $18,184 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $399 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,968,407 |
| 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. | $161,964 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,810,183 |
| Pension plan accruals and contributions | $10,774 |
| Other employee benefits | $226,939 |
| Payroll taxes | $237,640 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $77,441 |
| Fees for services: Accounting | $31,347 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $23,857 |
| Advertising and promotion | $0 |
| Office expenses | $125,637 |
| Information technology | $200,332 |
| Royalties | $0 |
| Occupancy | $283,924 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $17,926 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $323,609 |
| Insurance | $117,654 |
| All other expenses | $151,852 |
| Total functional expenses | $5,305,413 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,878 |
| Savings and temporary cash investments | $1,385,293 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $502,721 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $32,212 |
| Prepaid expenses and deferred charges | $7,787 |
| Net Land, buildings, and equipment | $1,270,903 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $142,851 |
| Intangible assets | $0 |
| Other assets | $238,639 |
| Total assets | $3,662,284 |
| Accounts payable and accrued expenses | $263,371 |
| Grants payable | $0 |
| Deferred revenue | $1,832,605 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $601,889 |
| Total liabilities | $2,697,865 |
| Net assets without donor restrictions | $964,419 |
| 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 | $3,662,284 |