Mahopac Golf Club
- Assets
- $2.8m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 111
- Location
- Mahopac, NY
- Founding
- 12/1974
- Data as of
- 12/2022
- EIN
- 14-0855725
Organization Overview
Mahopac Golf Club is located in Mahopac, NY. The organization was established in 1974. 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, Mahopac Golf Club employed 111 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mahopac Golf 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, Mahopac Golf Club generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $2.7m during the year ending 12/2022. While expenses have increased by 4.3% 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
MEMBER OWNED GOLF CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF ACTIVITIES - FACILITIES ARE USED BY APPROXIMATELY 196 MEMBERS AND THEIR FAMILIES. COURSE IS NOT OPEN TO THE GENERAL PUBLIC AT ANY TIME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Malara President | OfficerTrustee | 4 | $0 |
Joseph Foley Director | Trustee | 1 | $0 |
Bud Hammer Director | Trustee | 1 | $0 |
Kevin Barletta Vice President | OfficerTrustee | 2 | $0 |
Julie Burton Secretary | OfficerTrustee | 4 | $0 |
Chad Burhance Treasurer | OfficerTrustee | 4 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,154,673 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | -$53,093 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,101,580 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,127,101 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $57,241 |
| Payroll taxes | $98,213 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,900 |
| Advertising and promotion | $430 |
| Office expenses | $222,597 |
| Information technology | $42,996 |
| Royalties | $0 |
| Occupancy | $190,347 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $77,660 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $169,015 |
| Insurance | $70,272 |
| All other expenses | $0 |
| Total functional expenses | $2,740,976 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $908,027 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $346,835 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $13,001 |
| Prepaid expenses and deferred charges | $114,504 |
| Net Land, buildings, and equipment | $1,370,124 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $53,159 |
| Total assets | $2,805,650 |
| Accounts payable and accrued expenses | $64,689 |
| Grants payable | $0 |
| Deferred revenue | $605,251 |
| 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 | $1,536,839 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $307,221 |
| Total liabilities | $2,514,000 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $140,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $166,093 |
| Retained earnings, endowment, accumulated income, or other funds | -$14,443 |
| Total liabilities and net assets/fund balances | $2,805,650 |