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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

WELL501(c)(7) · MEDIUMNAICS 713910EIN 04-1956640

Wellesley Country Club

Wellesley, MA · founded 1938

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$20.31M

▲ 17.1% YoY

FY23 Total Expenses

$17.14M

▲ 17.4% YoY

Operating Margin

15.6%

revenue minus expenses ÷ revenue

Employees

385

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$20.3M

▲ 42.2% / 5y

Expenses

$17.1M

▲ 42.5% / 5y

Total Assets

$56.8M

▲ 28.0% / 5y

Total Liabilities

$16.0M

▼ 2.3% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$14.3M	$17.9M	$17.9M	$17.4M	$20.3M	+42.2%
Expenses	$12.0M	$13.5M	$13.5M	$14.6M	$17.1M	+42.5%
Net surplus	$2.3M	$4.4M	$4.4M	$2.8M	$3.2M	+40.9%
Total assets	$44.4M	$56.2M	$56.2M	$55.5M	$56.8M	+28.0%
Total liabilities	$16.4M	$21.1M	$21.1M	$17.8M	$16.0M	-2.3%
Net assets	$28.0M	$35.1M	$35.1M	$37.7M	$40.8M	+45.8%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
BRIAN LYNCH General Manager· 40h/wk	$372,680	$10,165
PAUL FAIRCHILD Director of Racquets· 40h/wk	$310,752	$2,727
WILLIAM SANSONE DIRECTOR OF GOLF COURSE OPERATIONS· 40h/wk	$241,188	$10,575
WILLIAM GUSTUS CFO/COO· 40h/wk	$235,950	$10,460
MATHEUS COELHO Executive Chef· 40h/wk	$193,833	$7,871
NICHOLAS CONSTANTINOU Assistant General Manager· 40h/wk	$172,361	$8,859
HAL JACOBS Director of Golf· 40h/wk	$165,994	$6,050
BURGESS HOUSTON GOLF ASSISTANT PRO· 40h/wk	$155,382	$706

+ 15 unpaid officers/directors as reported (ANN MARIE GROSS, ANNE HALL, ANTHONY ABATE, +12 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
H Chambers & Company BALTIMORE, MD	Management services	$374,834
Bp Cleaning Services NORTHBOROUGH, MA	Security & staffing	$206,352
Ce Floyd BEDFORD, MA	CONTRUCTION SERVICES	$110,691
Southworth Milton Inc BOSTON, MA	GENERATOR REPAIRS & RENTALS	$103,726

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBERSHIP DUES	$9,439,126
ENTRANCE FEES	$1,983,686
CLUBHOUSE ASSESSMENTS	$1,503,105

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$6.1M

▼ $1.0M paid down

Net land, buildings & equipment

$48.8M

book value, net of depreciation

Facility age

33%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX

Insurance	$281,628
Occupancy	$1,043,634
Depreciation & depletion	$2,291,663
Office expenses	$82,107
Accounting fees	$30,475
Other professional fees	$1,119,980

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

WELLESLEY COUNTRY CLUB 401(K) PLAN

pension · 105 participants · $7.6M assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

Seasonal labor

DOL OFLC · certified H-2B positions

Role	Wage floor (annualized)	Workers	Season
Waiters and Waitresses Wellesley, MA	$42K	4	May 2025 → Nov 2025

Positions the club certified through the U.S. Department of Labor’s H-2B program — an independent, government wage floor for rank-and-file roles the Form 990 never itemizes. Decision-maker contact available to members →

WFounded in 1938, Wellesley Country Club reported $20.31M of revenue for FY23, at an operating margin of 15.6%. 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)

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