Belmont Hill Club Inc

Organization Overview

Belmont Hill Club Inc is located in Belmont, MA. The organization was established in 1968. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Belmont Hill Club Inc employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belmont Hill Club Inc 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, Belmont Hill Club Inc generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

A PRIVATE CLUB WHICH OFFERS SWIMMING, TENNIS AND OTHER RECREATIONAL ACTIVITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION OFFERED SWIMMING, TENNIS AND OTHER RECREATIONAL ACTIVITIES TO IT'S MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Ian Findlay
President/director
$0
Robert Rifkin
Treasurer/director
$0
Amanda Lubarsky
Clerk/director
$0
Brad Lewis
Vice President/director
$0
David Hamer
Director
$0
Rene Hudson
Director
$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$22,525
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$22,525
Total Program Service Revenue$1,477,271
Investment income $364
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $13,156
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 $0
Miscellaneous Revenue$0
Total Revenue $1,690,000

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