Black Hall Club Inc is located in Old Lyme, CT. The organization was established in 1983. 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 09/2022, Black Hall Club Inc employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Hall 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 09/2022, Black Hall Club Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $2.5m during the year ending 09/2022. While expenses have increased by 3.2% 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
PRIVATE GOLF CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BLACK HALL CLUB, INC. OWNS AND OPERATES A PRIVATE GOLF COURSE IN OLD LYME, CT. THE COURSE IS OPEN TO ITS APPROXIMATELY 300 MEMBERS AND THEIR GUESTS. ONLY LIMITED NONMEMBER USE IS ALLOWED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nancy Tiffany Asst Secretary | OfficerTrustee | 40 | $47,269 |
Anthony Stratidis President | OfficerTrustee | 4 | $0 |
Lee Ann Palladino Treasurer | OfficerTrustee | 4 | $0 |
Thomas Degnan Secretary | OfficerTrustee | 4 | $0 |
Michael Sheehan Vp/asst Treas | OfficerTrustee | 4 | $0 |
Rich Bacci Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $10,000 |
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 | $10,000 |
Total Program Service Revenue | $2,623,957 |
Investment income | $2,131 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$30,650 |
Net Gain/Loss on Asset Sales | -$61,314 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,544,124 |
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. | $47,269 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,038,175 |
Pension plan accruals and contributions | $13,995 |
Other employee benefits | $182,988 |
Payroll taxes | $105,660 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,850 |
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 | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $288,216 |
Insurance | $74,222 |
All other expenses | $345,333 |
Total functional expenses | $2,465,870 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $350 |
Savings and temporary cash investments | $842,908 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $147,452 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $68,360 |
Net Land, buildings, and equipment | $5,038,368 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $5,160 |
Other assets | $0 |
Total assets | $6,102,598 |
Accounts payable and accrued expenses | $141,403 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $125,292 |
Total liabilities | $266,695 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $4,414,917 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $1,420,986 |
Total liabilities and net assets/fund balances | $6,102,598 |
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Mill River Club Inc Oyster Bay, NY | $11,730,867 | $8,340,769 |
Oakley Country Club Watertown, MA | $19,643,392 | $9,027,669 |