Baltusrol Golf Club

The information for Baltusrol Golf Club is as of the organization's most recent filing in March 2020. This organization is located in Springfield, NJ and has been in existence for 77 years, following its founding in 1943.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Baltusrol Golf Club's NTEE code is N60. The "N" tells us that the organization is classified along with Recreation & Sports. The "60" tells us that the organization is an Amateur Sports organization. The NTEE describes Amateur Sports as organizations that provide opportunities for people of all ages to learn, become competitive in and enjoy the organized recreational activity, sport or game of their choice. These programs may be offered by local clubs devoted to a particular activity or sport and provide access to equipment and facilities, and uniforms, if necessary.

Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to be a 501(c)(7) organization. The IRS describes these organizations as Social and Recreational Clubs.

The mission of the Baltusrol Golf Club is to provide facilities to play golf and a clubhouse with dining facilities for the use and enjoyment of its members, their families and guests.

Program Areas

Program Area 1: Within the general fund the organization reports all revenues and expenses related to tax exempt club activities.

Program Area 2: Tax exempt club activities are reported separately within the organization in order to accurately track their associated revenues, support, and functional costs.

Organization Staffing

Baltusrol Golf Club is run by Richard W Shea Jr, who is the President. The organization has 275 employees, of whom only 7 are paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are 18 volunteers.

Board Governance

Baltusrol Golf Club is a well-governed non-profit organization. With 18 voting members and 18 independent members, there is no potential for conflicts of interest. The organization has not delegated its management to an outside firm, but board and committee meetings are documented. Baltusrol Golf Club also has a conflict of interest policy, a written whistleblower policy, a document retention policy, and provides copies of the 990 to the board prior to filing. Additionally, the organization substantiates and reviews leadership salaries. This demonstrates that Baltusrol Golf Club is committed to transparency and accountability.

Organization Growth

The Baltusrol Golf Club has seen growth in its program service revenue, investment income, other revenue, total revenue, employee salaries, and total employees over the past five years. Program service revenue increased from $12.3M in 2014 to $16.4M in 2019, investment income increased from $19.0K in 2014 to $296.2K in 2019, other revenue increased from $8.0M in 2014 to $22.7M in 2019, total revenue increased from $20.3M in 2014 to $39.5M in 2019, employee salaries increased from $9.3M in 2014 to $11.2M in 2019, and total employees increased from 266 in 2014 to 275 in 2019. However, the number of volunteers decreased from 55 in 2014 to 18 in 2019. Overall, the Baltusrol Golf Club has grown over the past five years.