BRAS501(c)(7) · MEDIUMNAICS 713910EIN 04-1066960

Bass Rocks Golf Club

Gloucester, MA · founded 1942
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$4.45M
▲ 3.4% YoY
FY23 Total Expenses
$3.89M
▲ 12.1% YoY
Operating Margin
12.6%
revenue minus expenses ÷ revenue
Employees
49
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$4.5M
▲ 35.6% / 5y
3.34.14.14.34.5
Expenses
$3.9M
▲ 28.0% / 5y
3.03.33.33.53.9
Total Assets
$12.0M
▲ 65.3% / 5y
7.29.19.111.112.0
Total Liabilities
$5.4M
▲ 38.4% / 5y
3.93.93.95.05.4

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.3M$4.1M$4.1M$4.3M$4.5M+35.6%
Expenses$3.0M$3.3M$3.3M$3.5M$3.9M+28.0%
Net surplus$244K$825K$825K$838K$562K+130.6%
Total assets$7.2M$9.1M$9.1M$11.1M$12.0M+65.3%
Total liabilities$3.9M$3.9M$3.9M$5.0M$5.4M+38.4%
Net assets$3.4M$5.2M$5.2M$6.0M$6.6M+96.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
PETER N HOOD JR
General Manager· 60h/wk
$234,856$37,128
CHRISTOPHER DONATO
GREEN SUPERINTENDENT· 60h/wk
$175,000$28,700
FRANK MUZIO
Board Vice President· 5h/wk
$4,650
FRANK SABLONE
Board President· 15h/wk
$4,650

+ 15 unpaid officers/directors as reported (BILL CUFF, CHET MARCUS, CHRIS HARTNETT, +12 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
GOODMAN HOSPITALITY LLC
GLOUCESTER, MA
CATERING/F&B SERVICES$822,097
TANTO IRRIGATION LLC
ELMSFORD, NY
IRRIGATION WORK$681,093
BIANCHINI CONSTRUCTION CORP
GLOUCESTER, MA
CONTRACTOR$283,566
EJ PAVING CO INC
METHUEN, MA
PAVERS$135,249

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$2,520,933
INITIATION FEES$275,303
CAPITAL ASSESSMENT$153,750

BFounded in 1942, Bass Rocks Golf Club reported $4.45M of revenue for FY23, at an operating margin of 12.6%. Revenue moved up 3.4% 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
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