| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $8.1M | $8.8M | $8.8M | $9.1M | $10.4M | +28.0% |
| Expenses | $10.4M | $11.6M | $11.6M | $12.6M | $13.1M | +26.2% |
| Net surplus | -$2.3M | -$2.8M | -$2.8M | -$3.5M | -$2.8M | +20.0% |
| Total assets | $37.9M | $41.1M | $41.1M | $42.2M | $46.7M | +23.3% |
| Total liabilities | $2.8M | $4.8M | $4.8M | $7.1M | $7.9M | +186.8% |
| Net assets | $35.1M | $36.3M | $36.3M | $35.1M | $38.8M | +10.4% |
| Officer · Employee | Reportable | Other |
|---|---|---|
THOMAS BRESETTE CLUB MANAGERTREASURER· 40h/wk | $564,199 | $69,384 |
MARK LUCAS GOLF COURSE MANAGER· 40h/wk | $309,838 | $63,145 |
MIKE DEMAKOS Head Golf Professional· 40h/wk | $294,838 | $72,197 |
REBECCA BARTLETT CONTROLLERASST CLERK· 40h/wk | $215,622 | $40,953 |
KENNETH J MARCHETTI ASSISTANT TREASURERCFO· 4h/wk | $40,082 | — |
+ 6 unpaid officers/directors as reported (ALASTAIR BORTHWICK, DOUGLAS D GRIP, EDMUND A HAJIM, +3 more)
No contractors reported.
| Line item | Amount |
|---|---|
| COTTAGES INCOME | $509,350 |
| GOLF AND CART INCOME | $448,465 |
| LOCKER RENTAL | $57,600 |
| OTHER INCOME | $8,515 |
NFounded in 1999, Nantucket Golf Club Inc reported $10.37M of revenue for FY23, at an operating margin of -26.6%. Revenue moved up 13.5% 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.