NHOR501(c)(7) · MEDIUMNAICS 713910EIN 04-2164794
North Haven Golf Club
North Haven, ME · founded 1971
14 filings on recordFY 2010–2023medium confidence
Compare to peers →FY23 Total Revenue
$229k
▼ 33.9% YoY
FY23 Total Expenses
$249k
▼ 2.5% YoY
Operating Margin
-8.7%
revenue minus expenses ÷ revenue
Employees
3
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$229K
▲ 22.1% / 5y
Expenses
$249K
▲ 27.4% / 5y
Total Assets
$435K
▲ 72.7% / 5y
Total Liabilities
$16K
▼ 52.8% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $188K | $219K | $283K | $347K | $229K | +22.1% |
| Expenses | $196K | $177K | $195K | $256K | $249K | +27.4% |
| Net surplus | -$8K | $42K | $88K | $91K | -$20K | +156.9% |
| Total assets | $252K | $288K | $373K | $449K | $435K | +72.7% |
| Total liabilities | $35K | $29K | $26K | $11K | $16K | -52.8% |
| Net assets | — | $259K | $347K | $438K | $418K | +61.5% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 15 unpaid officers/directors as reported (ARNOLD A ADAMS JR, CAROLINE B SHAW, CHRIS HOLM, +12 more)
All 15 listed officers reported $0 compensation — volunteer board.
Top contractors
FY23 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $157,300 |
| GREENS FEES | $41,873 |
| OTHER REVENUE | $1,160 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$144K
book value, net of depreciation
Facility age
64%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $12,802 |
| Occupancy | $47,333 |
| Depreciation & depletion | $27,686 |
| Office expenses | $4,801 |
| Accounting fees | $12,250 |
| Other professional fees | $7,054 |
NFounded in 1971, North Haven Golf Club reported $229k of revenue for FY23, at an operating margin of -8.7%. Revenue moved down 33.9% 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
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