Meadow Brook Golf Club Inc
- Assets
- $4.6m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 66
- Location
- Jericho, NY
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 81-0751816
Organization Overview
Meadow Brook Golf Club Inc is located in Jericho, NY. The organization was established in 2016. 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 12/2021, Meadow Brook Golf Club Inc employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meadow Brook Golf 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 12/2021, Meadow Brook Golf Club Inc generated $7.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $6.0m during the year ending 12/2021. While expenses have increased by 5.7% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAX EXEMPT CLUB ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Dobyns Head Golf Professional | 40 | $336,379 | |
Dennis Harrington Jr General Manager | Officer | 40 | $304,407 |
John D Carlone Golf Course Superintendent | Officer | 40 | $272,956 |
Daniel Gagnon Executive Chef | 40 | $123,539 | |
Eileen Krebs Controller | 40 | $104,865 | |
Steven Hawhurst Mechanic | 40 | $101,011 |
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 | $5,732,628 |
| Investment income | $1,233 |
| 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 | $1,640,364 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,717,854 |
| 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. | $630,857 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,197,738 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $279,140 |
| Payroll taxes | $250,777 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $19,509 |
| Fees for services: Accounting | $54,307 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,095 |
| Advertising and promotion | $0 |
| Office expenses | $60,027 |
| Information technology | $36,276 |
| Royalties | $0 |
| Occupancy | $826,567 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,491 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $464,331 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,012,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,299 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $48,860 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $60,144 |
| Prepaid expenses and deferred charges | $68,959 |
| Net Land, buildings, and equipment | $4,265,250 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,579,512 |
| Accounts payable and accrued expenses | $430,551 |
| Grants payable | $0 |
| Deferred revenue | $25,343 |
| 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 | $190,558 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,678 |
| Total liabilities | $657,130 |
| Net assets without donor restrictions | $3,922,382 |
| 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 | $4,579,512 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Old Westbury Golf & Country Club Inc Old Westbury, NY | $24,637,751 | $16,881,231 |
Innis Arden Golf Club Inc Old Greenwich, CT | $33,992,814 | $14,860,228 |
Hudson National Golf Club Inc Croton On Hudson, NY | $51,687,185 | $12,086,027 |
Nantucket Golf Club Inc Siasconset, MA | $41,080,926 | $8,761,983 |
Great Harbor Yacht Club Inc Nantucket, MA | $67,641,341 | $7,821,481 |
Lake Naomi Club Pocono Pines, PA | $31,181,948 | $14,377,164 |
Pine Valley Golf Club Pine Valley, NJ | $27,464,552 | $15,641,646 |
Plainfield Country Club Edison, NJ | $20,539,827 | $10,734,974 |
Glen Ridge Country Club Glen Ridge, NJ | $4,315,456 | $11,200,681 |
Overbrook Golf Club Bryn Mawr, PA | $25,446,093 | $10,373,823 |
Fisher Island Club Inc Fishers Island, NY | $26,382,427 | $9,842,592 |
Golf Club Of Marthas Vineyard Inc Edgartown, MA | $54,618,022 | $7,664,048 |