| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $2.5M | $2.6M | $6.3M | $6.3M | $2.9M | +12.5% |
| Expenses | $2.6M | $2.4M | $2.3M | $2.3M | $2.7M | +1.1% |
| Net surplus | -$97K | $180K | $4.0M | $4.0M | $192K | -298.9% |
| Total assets | $3.1M | $6.0M | $11.3M | $11.3M | $11.2M | +260.7% |
| Total liabilities | $1.3M | $1.5M | $1.8M | $1.8M | $2.0M | +52.2% |
| Net assets | $1.8M | $4.4M | $9.4M | $9.4M | $9.2M | +416.5% |
| Officer · Employee | Reportable | Other |
|---|---|---|
RONALD RICE General Manager· 40h/wk | $155,456 | — |
RICHARD GAGNON Golf Course Superintendent· 40h/wk | $134,353 | — |
+ 12 unpaid officers/directors as reported (BRIAN PAULSEN, CHARLES JOHNSON, CHRIS CARUSO, +9 more)
No contractors reported.
| Line item | Amount |
|---|---|
| GOLF FEES | $1,414,170 |
| MEMBERSHIP DUES | $1,097,729 |
| POOL & TENNIS FEES | $226,099 |
| OTHER INCOME | $9,440 |
MFounded in 1982, Meadow Brook Golf Club Corp Of Reading Massachusetts reported $2.85M of revenue for FY23, at an operating margin of 6.7%. Revenue moved down 54.8% 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.