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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

NASH501(c)(7) · MEDIUMNAICS 713910EIN 04-2270653

Nashawtuc Country Club Inc

Concord, MA · founded 1962

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$13.42M

▲ 4.1% YoY

FY23 Total Expenses

$12.22M

▲ 7.6% YoY

Operating Margin

9.0%

revenue minus expenses ÷ revenue

Employees

276

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$13.4M

▲ 97.5% / 5y

Expenses

$12.2M

▲ 131.6% / 5y

Total Assets

$35.3M

▲ 21.1% / 5y

Total Liabilities

$20.1M

▼ 16.7% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$6.8M	$12.7M	$12.7M	$12.9M	$13.4M	+97.5%
Expenses	$5.3M	$10.0M	$10.0M	$11.4M	$12.2M	+131.6%
Net surplus	$1.5M	$2.6M	$2.6M	$1.5M	$1.2M	-20.9%
Total assets	$29.1M	$33.9M	$33.9M	$35.2M	$35.3M	+21.1%
Total liabilities	$24.1M	$24.3M	$24.3M	$21.0M	$20.1M	-16.7%
Net assets	$5.0M	$9.5M	$9.5M	$14.1M	$15.2M	+203.0%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
ROBERT CARPENTER GM/COO· 40h/wk	$347,455	$36,211
GEORGE LAFFEY DIRECTOR OF RACKETS· 40h/wk	$272,433	$29,107
TROY NOBLE Golf Course Superintendent· 40h/wk	$186,002	$30,812
CHRISTOPHER BULLOCK FITNESS DIRECTOR· 40h/wk	$166,734	$6,995
JAMES WACKELL Controller· 40h/wk	$165,047	$29,244
BRIAN SMITH Head Golf Professional· 40h/wk	$155,771	$22,720
PETER MALLOY Executive Chef· 1h/wk	$145,149	$23,470

+ 11 unpaid officers/directors as reported (ADAM PONTE, BILL SAMPLE, BRIAN MCGRORY, +8 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
Extreme Cleaning Service FRAMINGHAM, MA	Security & staffing	$186,175

Revenue by activity

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

Line item	Amount
MEMBERSHIP DUES	$6,381,261
INITIATION FEES	$2,098,902
RENOVATION ASSESSMENT	$1,032,782
RESTRICTED DUES	$753,565

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$18.4M

▼ $998K paid down

Net land, buildings & equipment

$25.2M

book value, net of depreciation

Facility age

32%

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	$223,674
Occupancy	$493,621
Depreciation & depletion	$1,568,531
Office expenses	$270,726
Legal fees	$5,714
Accounting fees	$28,000
Other professional fees	$314,481

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

NASHAWTUC COUNTRY CLUB, INC. 401(K) PLAN

pension · 33 participants · $3.1M 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.

NFounded in 1962, Nashawtuc Country Club Inc reported $13.42M of revenue for FY23, at an operating margin of 9.0%. Revenue moved up 4.1% 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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