Castine Golf Club Inc
- Assets
- $1.6m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 31
- Location
- Castine, ME
- Founding
- Data as of
- 12/2023
- EIN
- 86-2141846
Organization Overview
Castine Golf Club Inc is located in Castine, ME. 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, Castine Golf Club Inc employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Castine 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 12/2023, Castine Golf Club Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $819.8k during the year ending 12/2023. 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
THE CASTINE GOLF CLUB WELCOMES MEMBERS TO ENJOY THE SALT WATER AND SEA AIR IN ONE OF OLDEST COMMUNITIES IN NORTH AMERICA. PERCHED AT THE MOUTH OF PENOBSCOT BAY, THE CLUB OFFERS MEMBERS ACCESS TO GOLF, TENNIS, AND YACHTING WITH PROGRAMS TAILORED FOR YOUTH AND ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CASTINE GOLF CLUB OFFERS A CHALLENGING ROUND AT A RELAXED PACE APPROPRIATE FOR ALL SKILL LEVELS. THE COURSE IS OPEN 7 DAYS A WEEK FROM MAY 1ST TO OCTOBER 31ST. LESSONS AND CLINICS ARE AVAILABLE DAILY. THE CLUB ALSO FEATURES FOUR TENNIS COURTS WITH JUNIOR AND ADULT CLINICS AND PRIVATE LESSONS. COURTS ARE AVAILABLE FROM MID-JUNE TO EARLY OCTOBER, AS WEATHER ALLOWS. THE CASTINE GOLF CLUB IS ALSO A HAVEN FOR BOATERS OF ALL KIND, DEDICATED TO THE ENCOURAGEMENT OF YACHTING IN OUR TOWN.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Zoller President | OfficerTrustee | 2 | $0 |
Bill Dudine Vice Preside | OfficerTrustee | 2 | $0 |
Marty Tenney Secretary Ja | OfficerTrustee | 2 | $0 |
Liz Schanker Membership/s | OfficerTrustee | 2 | $0 |
John D Curtin III Treasurer Ja | OfficerTrustee | 2 | $0 |
Tom Ashton Yachting/tre | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $521,991 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $678,246 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,200,237 |
| Total Program Service Revenue | $266,044 |
| Investment income | $4,678 |
| 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 | $3,827 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,474,786 |
| 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 | $286,044 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $34,006 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,789 |
| Fees for services: Accounting | $11,270 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,839 |
| Advertising and promotion | $1,775 |
| Office expenses | $303 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,831 |
| 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 | $37,450 |
| Insurance | $28,162 |
| All other expenses | $87,054 |
| Total functional expenses | $819,817 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $318,971 |
| Savings and temporary cash investments | $917,905 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,770 |
| 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 | $0 |
| Net Land, buildings, and equipment | $321,965 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,000 |
| Total assets | $1,633,611 |
| Accounts payable and accrued expenses | $0 |
| 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 | $19,956 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $19,956 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $145,200 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,468,455 |
| Total liabilities and net assets/fund balances | $1,633,611 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maine Golf House Inc Freeport, ME | $896,893 | $1,312,898 |
New Hampshire Golf Association Concord, NH | $862,868 | $1,190,295 |
Megunticook Golf Club Rockport, ME | $1,373,124 | $1,072,918 |
Castine Golf Club Inc Castine, ME | $1,633,611 | $1,474,786 |
New Hampshire Senior Golfers Associates Exeter, NH | $62,814 | $310,312 |
North Haven Golf Club North Haven, ME | $448,741 | $346,706 |
Fort Kent Golf Club Fort Kent, ME | $246,207 | $246,717 |
The First Tee Of New Hampshire Inc North Hampton, NH | $191,078 | $170,114 |
Maine Seniors Golf Association Yarmouth, ME | $49,216 | $0 |
Eastern Maine Seniors Golf Assn Bangor, ME | $48,348 | $0 |
Maine Golf Course Superintendents Association Cumberland, ME | $118,244 | $0 |