BHAK501(c)(7) · MEDIUMNAICS 713910EIN 02-0503267

Baker Hill Golf Club

Newbury, NH · founded 2000
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$3.60M
▲ 34.4% YoY
FY23 Total Expenses
$3.30M
▲ 27.4% YoY
Operating Margin
8.4%
revenue minus expenses ÷ revenue
Employees
71
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$3.6M
▲ 94.2% / 5y
1.92.52.52.73.6
Expenses
$3.3M
▲ 75.2% / 5y
1.92.22.22.63.3
Total Assets
$11.4M
▼ 28.7% / 5y
16.015.815.817.011.4
Total Liabilities
$3.3M
▲ 79.9% / 5y
1.81.11.12.43.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.9M$2.5M$2.5M$2.7M$3.6M+94.2%
Expenses$1.9M$2.2M$2.2M$2.6M$3.3M+75.2%
Net surplus-$30K$327K$327K$90K$301K-1099.4%
Total assets$16.0M$15.8M$15.8M$17.0M$11.4M-28.7%
Total liabilities$1.8M$1.1M$1.1M$2.4M$3.3M+79.9%
Net assets$14.2M$14.7M$14.7M$14.6M$8.1M-42.8%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MARK ASHTON
General Manager· 40h/wk
$225,695$32,823
ANDREW UPDEGROVE
Golf Course Superintendent· 40h/wk
$181,000$2,300

+ 9 unpaid officers/directors as reported (DAVID CASEY, HERB MAGID, JOHN GILBERT, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$2,295,003
INITIATION FEES$448,100
CAPITAL ASSESSMENT$296,872

BFounded in 2000, Baker Hill Golf Club reported $3.60M of revenue for FY23, at an operating margin of 8.4%. Revenue moved up 34.4% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.

Source documents
Form 990, FY2023 · period ending Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
live feed
The Quarterly · delivered free

Read the filings
before the board does.

Every new 990, every shift in the compensation bands, every notable year-over-year swing — compiled into one briefing each edition, for the people who actually run these clubs.

4,200+
GMs · controllers · board members
4×
a year · never more
Subscribe
Quarterly only · no spam · unsubscribe in one click

“I read it before our finance committee meets.”
— GM, top-50 club

Privacy PolicyDisclaimerMethodology© 2026 Country Club Intel
The Quarterly · free
The filings, the comp, the movers — four times a year.
Quarterly only · no spam · unsubscribe in one click