EHAS501(c)(7) · MEDIUMNAICS 713910EIN 04-1272400

Eastward Ho Country Club Inc

Chatham, MA · founded 1973
14 filings on recordFY 20102023medium confidence
FY23 Total Revenue
$11.33M
▲ 17.1% YoY
FY23 Total Expenses
$10.58M
▲ 10.8% YoY
Operating Margin
6.6%
revenue minus expenses ÷ revenue
Employees
172
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$11.3M
▲ 39.2% / 5y
8.18.58.59.711.3
Expenses
$10.6M
▲ 45.4% / 5y
7.38.18.19.610.6
Total Assets
$19.5M
▲ 29.1% / 5y
15.117.617.618.419.5
Total Liabilities
$3.3M
▲ 259.2% / 5y
9242.42.43.03.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$8.1M$8.5M$8.5M$9.7M$11.3M+39.2%
Expenses$7.3M$8.1M$8.1M$9.6M$10.6M+45.4%
Net surplus$859K$362K$362K$125K$748K-12.9%
Total assets$15.1M$17.6M$17.6M$18.4M$19.5M+29.1%
Total liabilities$924K$2.4M$2.4M$3.0M$3.3M+259.2%
Net assets$14.1M$15.3M$15.3M$15.4M$16.1M+14.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
GEORGE WHITE
General Manager· 45h/wk
$327,462$18,058
FRANK HANCOCK
Golf Course Superintendent· 45h/wk
$290,044$6,153
JASON WINSLOW
Head Golf Professional· 45h/wk
$230,236$27,095
EVELYN LIU
Assistant General Manager· 45h/wk
$192,346$25,958
ALAIN DI- TOMMASO
Executive Chef· 45h/wk
$175,000$12,849
EDMUND J MCGUIRE
FINANCE DIRECTOR· 45h/wk
$167,243$7,374

+ 16 unpaid officers/directors as reported (ANNE RANDLE, DAVID WHITLOCK, EDWARD BENZ, +13 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$5,853,205
INITIATION FEES$1,569,501
SHOREFRONT ASSESSMENT$326,640

EFounded in 1973, Eastward Ho Country Club Inc reported $11.33M of revenue for FY23, at an operating margin of 6.6%. Revenue moved up 17.1% 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)
+ 11 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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