Winchester Country Club
- Assets
- $23.2m
- Revenue
- $9.2m
- Investments
- $0.0
- Employees
- 237
- Location
- Winchester, MA
- Founding
- 10/1935
- Data as of
- 12/2021
- EIN
- 04-1978080
Organization Overview
Winchester Country Club is located in Winchester, MA. The organization was established in 1935. As of 12/2021, Winchester Country Club employed 237 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Winchester 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 12/2021, Winchester Country Club generated $9.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $8.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
A PRIVATE CLUB FOCUSED ON ESTABLISHING A SOCIAL ENVIRONMENT TO ENCOURAGE PARTICIPATION IN AND ENJOYMENT OF VARIOUS PHYSICAL EXERCISES AND ATHLETIC ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF OPERATION - GOLF FACILITIES ARE AVAILABLE FOR USE BY GOLFING MEMBERS AND THEIR GUESTS WITHOUT RESTRICTION AND TO SOCIAL MEMBERS SUBJECT TO SOME RESTRICTIONS. GOLF TOURNAMENTS ARE SPECIAL TOURNAMENTS HELD BY PARTICIPANTS BASED ON THE TYPE OF TOURNAMENT.
FOOD AND BEVERAGE OPERATION - TO PROVIDE MEMBERS AND THEIR GUESTS WITH AN OPPORTUNITY FOR DINING AND SOCIALIZING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James P Simmons General Manager | Officer | 40 | $235,522 |
Dennis Houle Course Superintendent | Officer | 40 | $200,760 |
James D Salinetti Golf Professional | Officer | 40 | $182,965 |
David Soares Controller | 40 | $133,477 | |
David G Leathers Vice President | OfficerTrustee | 5 | $0 |
John W Peer Treasurer | OfficerTrustee | 7 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Country Club Enterprises Golf Carts | 12/30/21 | $198,981 |
Groundsmaster Corporation Masonry And Landscaping | 12/30/21 | $126,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $842,777 |
| 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 | $842,777 |
| Total Program Service Revenue | $8,749,453 |
| Investment income | $918 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $36,875 |
| Net Gain/Loss on Asset Sales | $8,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$529,843 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,172,951 |
| 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. | $619,247 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,568,330 |
| Pension plan accruals and contributions | $142,235 |
| Other employee benefits | $542,711 |
| Payroll taxes | $462,021 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,190 |
| Advertising and promotion | $0 |
| Office expenses | $145,664 |
| Information technology | $115,136 |
| Royalties | $0 |
| Occupancy | $874,084 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,640 |
| Interest | $136,020 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,327,225 |
| Insurance | $98,222 |
| All other expenses | $189,998 |
| Total functional expenses | $8,095,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,235,068 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $585,218 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,455 |
| Inventories for sale or use | $301,874 |
| Prepaid expenses and deferred charges | $1,457,541 |
| Net Land, buildings, and equipment | $18,588,526 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,172,682 |
| Accounts payable and accrued expenses | $664,828 |
| Grants payable | $0 |
| Deferred revenue | $985,225 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $100,000 |
| Secured mortgages and notes payable | $5,079,279 |
| Unsecured mortgages and notes payable | $3,827,000 |
| Other liabilities | $245,431 |
| Total liabilities | $10,901,763 |
| Net assets without donor restrictions | $12,270,919 |
| 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 | $23,172,682 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Belmont Country Club Inc Belmont, MA | $30,849,041 | $10,251,378 |
Westhampton Country Club Inc Westhampton Beach, NY | $23,462,713 | $10,560,693 |
Pelham Country Club Pelham Manor, NY | $41,819,106 | $10,163,055 |
Winchester Country Club Winchester, MA | $23,172,682 | $9,172,951 |
Country Club Of Buffalo Williamsville, NY | $18,336,233 | $6,990,234 |
Oswego Country Club Oswego, NY | $1,701,518 | $1,153,967 |
Lincoln Country Club Inc Lincoln, RI | $958,936 | $813,673 |
Wadawanuck Club Inc Stonington, CT | $2,001,918 | $784,680 |
Fort Schuyler Club Utica, NY | $916,187 | $572,292 |
Minisceongo Yacht Club Inc Stony Point, NY | $4,113,169 | $563,706 |
City Island Yacht Club Inc City Island, NY | $426,353 | $470,217 |
Community Assisted Tenant Controlled Housing Inc New York, NY | $1,052,154 | $548,328 |