FRAM501(c)(7) · MEDIUMNAICS 713910EIN 04-1339830

Framingham Country Club

Framingham, MA · founded 1935
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$7.08M
▼ 11.9% YoY
FY23 Total Expenses
$7.02M
▲ 5.0% YoY
Operating Margin
0.9%
revenue minus expenses ÷ revenue
Employees
158
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$7.1M
▲ 50.7% / 5y
4.76.56.58.07.1
Expenses
$7.0M
▲ 37.7% / 5y
5.15.55.56.77.0
Total Assets
$9.7M
▲ 19.0% / 5y
8.18.58.59.19.7
Total Liabilities
$6.4M
▼ 15.1% / 5y
7.66.66.65.96.4

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$4.7M$6.5M$6.5M$8.0M$7.1M+50.7%
Expenses$5.1M$5.5M$5.5M$6.7M$7.0M+37.7%
Net surplus-$396K$1.1M$1.1M$1.4M$67K-116.9%
Total assets$8.1M$8.5M$8.5M$9.1M$9.7M+19.0%
Total liabilities$7.6M$6.6M$6.6M$5.9M$6.4M-15.1%
Net assets$572K$1.8M$1.8M$3.2M$3.3M+469.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
PATRICK DAL
Golf Course Superintendent· 55h/wk
$224,303$31,576
MICHAEL METHOT
General Manager· 50h/wk
$203,250$7,313
RICHARD A KUNSCH
Executive Chef· 55h/wk
$156,809$18,248
GRAHAM M CUNNINGHAM
Head Golf Professional· 50h/wk
$135,195$31,576
PETER CAMPANARIO
Beverage Manager· 50h/wk
$124,884$10,987
JO-ANN M JOHNSON
Controller· 50h/wk
$123,493$22,158
MYAT S AW
CLUBHOUSE MANAGER· 50h/wk
$111,810

+ 9 unpaid officers/directors as reported (ANDREW J GALLINARO, CHRISTOPHER S COX, DAVID SCOTT LEHMAN, +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$3,929,499
CAPITAL ASSESSMENTS$423,022
INITIATION FEES$229,875

FFounded in 1935, Framingham Country Club reported $7.08M of revenue for FY23, at an operating margin of 0.9%. Revenue moved down 11.9% 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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