HATH501(c)(7) · CONFIRMEDNAICS 713910EIN 04-2981443

Hatherly Golf Club Inc

N Scituate, MA · founded 1992
13 filings on recordFY 20112023high confidence
FY23 Total Revenue
$5.38M
▲ 2.6% YoY
FY23 Total Expenses
$4.95M
▲ 16.6% YoY
Operating Margin
8.0%
revenue minus expenses ÷ revenue
Employees
106
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$5.4M
▲ 22.6% / 5y
4.44.34.75.25.4
Expenses
$5.0M
▲ 30.0% / 5y
3.83.54.04.25.0
Total Assets
$9.6M
▲ 55.1% / 5y
6.27.27.88.79.6
Total Liabilities
$1.1M
▲ 130.6% / 5y
4817316656381.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$4.4M$4.3M$4.7M$5.2M$5.4M+22.6%
Expenses$3.8M$3.5M$4.0M$4.2M$5.0M+30.0%
Net surplus$586K$713K$626K$1.0M$432K-26.2%
Total assets$6.2M$7.2M$7.8M$8.7M$9.6M+55.1%
Total liabilities$481K$731K$665K$638K$1.1M+130.6%
Net assets$5.7M$6.5M$7.2M$8.1M$8.5M+48.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
KENNETH R JOHNSON JR
Head Golf Professional· 40h/wk
$141,132$27,615
RICHARD CAUGHEY
Golf Course Superintendent· 40h/wk
$135,664$10,799
JEFFREY HEYL
Executive Chef· 40h/wk
$114,570$28,099
JOSEPH FERRARI
CLUBHOUSE MANAGER· 1h/wk
$102,353$2,631

+ 11 unpaid officers/directors as reported (ANDREW BLANCHARD, DAN DEMMLER, DAVID PINKHAM, +8 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
TANTO IRRIGATION LLC
ELMSFORD, NY
CONSTRUCTION$226,000
DESALITECH INC
CHICAGO, IL
CONSTRUCTION$173,717

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBER DUES AND ASSESSMENTS$3,258,251
GOLF$534,712
TENNIS$130,602
TOURNAMENT REVENUE$100,930
MEMBER ASSESSMENTS$85,750

HFounded in 1992, Hatherly Golf Club Inc reported $5.38M of revenue for FY23, at an operating margin of 8.0%. Revenue moved up 2.6% 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 Tue Oct 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Oct 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sun Oct 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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