CRHA501(c)(7) · MEDIUMNAICS 713910EIN 04-1169250

Charles River Country Club Inc

Newton Centre, MA · founded 1943
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$12.73M
▼ 4.7% YoY
FY23 Total Expenses
$11.72M
▲ 2.8% YoY
Operating Margin
7.9%
revenue minus expenses ÷ revenue
Employees
244
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$12.7M
▲ 27.3% / 5y
10.011.411.413.412.7
Expenses
$11.7M
▲ 12.6% / 5y
10.410.410.411.411.7
Total Assets
$22.6M
▲ 14.3% / 5y
19.820.420.421.622.6
Total Liabilities
$3.3M
▼ 39.1% / 5y
5.33.83.83.23.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$10.0M$11.4M$11.4M$13.4M$12.7M+27.3%
Expenses$10.4M$10.4M$10.4M$11.4M$11.7M+12.6%
Net surplus-$412K$926K$926K$1.9M$1.0M-344.3%
Total assets$19.8M$20.4M$20.4M$21.6M$22.6M+14.3%
Total liabilities$5.3M$3.8M$3.8M$3.2M$3.3M-39.1%
Net assets$14.4M$16.5M$16.5M$18.4M$19.3M+34.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
DANIEL O'CONNELL
General Manager· 60h/wk
$371,670$27,983
J KEVIN SHEPPLE
Chief Financial Officer· 60h/wk
$218,070$23,892
DAVID HUTTON
Executive Chef· 45h/wk
$201,170$22,835
PAUL BLANUSA
GROUNDS SUPER· 60h/wk
$201,100$22,480
DANIEL TAYLOR
Head Golf Professional· 60h/wk
$133,104$21,084
STEVE NORIS
HEAD OF MAINTENANCE· 45h/wk
$129,300$16,692
CHRISTIAN SCHULTZ
Director of Racquets· 60h/wk
$129,256
KIMBERLY BOWERS
CLUBHOUSE MANAGER· 60h/wk
$118,993$19,385

+ 13 unpaid officers/directors as reported (ANDREW WINTON, BRIAN CASEY, CHRIS JOHNSON, +10 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$6,028,539
INITIATION FEES$1,327,932
MEMBERSHIP CAPITAL FEE$1,135,300
MAINTENANCE FACILITY A$623,350

CFounded in 1943, Charles River Country Club Inc reported $12.73M of revenue for FY23, at an operating margin of 7.9%. Revenue moved down 4.7% 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 Tue Oct 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Oct 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sun Oct 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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