| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $14.3M | $14.9M | $17.9M | $17.4M | $20.3M | +42.2% |
| Expenses | $12.0M | $11.8M | $13.5M | $14.6M | $17.1M | +42.5% |
| Net surplus | $2.3M | $3.1M | $4.4M | $2.8M | $3.2M | +40.9% |
| Total assets | $44.4M | $50.1M | $56.2M | $55.5M | $56.8M | +28.0% |
| Total liabilities | $16.4M | $19.2M | $21.1M | $17.8M | $16.0M | -2.3% |
| Net assets | $28.0M | $30.9M | $35.1M | $37.7M | $40.8M | +45.8% |
| 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)
| Vendor | Service | Paid |
|---|---|---|
H CHAMBERS & COMPANY BALTIMORE, MD | DESIGN CONSULTANTS | $374,834 |
BP CLEANING SERVICES NORTHBOROUGH, MA | FACILITY CLEANING SERVICES | $206,352 |
CE FLOYD BEDFORD, MA | CONTRUCTION SERVICES | $110,691 |
SOUTHWORTH MILTON INC BOSTON, MA | GENERATOR REPAIRS & RENTALS | $103,726 |
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $9,439,126 |
| ENTRANCE FEES | $1,983,686 |
| CLUBHOUSE ASSESSMENTS | $1,503,105 |
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.