Blind Brook Club Inc is located in Purchase, NY. The organization was established in 1934. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Blind Brook Club Inc employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blind Brook 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 12/2023, Blind Brook Club Inc generated $7.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $7.4m during the year ending 12/2023. While expenses have increased by 5.1% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE GOLF AND GENERAL SOCIAL ACTIVITIES AMONG THOSE OF MUTUAL INTERESTS AND COMPATIBILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAX EXEMPT CLUB ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Harold Mcgraw III President | OfficerTrustee | 3 | $0 |
R Sheldon Johnson Vice President | OfficerTrustee | 3 | $0 |
Richard Dudley Treasurer | OfficerTrustee | 3 | $0 |
William G Parrett Assistant Treasurer | OfficerTrustee | 3 | $0 |
Kevin J O'connor Secretary | OfficerTrustee | 3 | $0 |
Jonathan B Mills Assistant Secretary | OfficerTrustee | 3 | $0 |
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 | $5,615,200 |
Investment income | $84,572 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $4,998 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,418,366 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,123,136 |
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. | $620,916 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,026,447 |
Pension plan accruals and contributions | $50,403 |
Other employee benefits | $205,164 |
Payroll taxes | $288,285 |
Fees for services: Management | $0 |
Fees for services: Legal | $36,155 |
Fees for services: Accounting | $24,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $103,193 |
Advertising and promotion | $0 |
Office expenses | $436,973 |
Information technology | $70,734 |
Royalties | $0 |
Occupancy | $583,658 |
Travel | $12,000 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,481 |
Interest | $241,874 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,453,011 |
Insurance | $165,175 |
All other expenses | $30,608 |
Total functional expenses | $7,415,972 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,723,726 |
Savings and temporary cash investments | $123,567 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,506,986 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $262,516 |
Prepaid expenses and deferred charges | $190,598 |
Net Land, buildings, and equipment | $21,557,018 |
Investments—publicly traded securities | $1,689,160 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $423,679 |
Total assets | $28,477,250 |
Accounts payable and accrued expenses | $205,120 |
Grants payable | $0 |
Deferred revenue | $3,355,020 |
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 | $6,771,338 |
Total liabilities | $10,331,478 |
Net assets without donor restrictions | $18,145,772 |
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 | $28,477,250 |