LWRA501(c)(7) · MEDIUMNAICS 713910EIN 06-0420290

Lake Waramaug Country Club Inc Golf Links Rd

New Preston, CT · founded 1993
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$3.40M
▲ 14.5% YoY
FY23 Total Expenses
$3.43M
▲ 14.8% YoY
Operating Margin
-0.9%
revenue minus expenses ÷ revenue
Employees
71
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$3.4M
▲ 46.6% / 5y
2.33.03.03.03.4
Expenses
$3.4M
▲ 52.0% / 5y
2.32.72.73.03.4
Total Assets
$5.3M
▲ 9.2% / 5y
4.85.75.75.65.3
Total Liabilities
$2.2M
▼ 11.9% / 5y
2.52.52.52.42.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.3M$3.0M$3.0M$3.0M$3.4M+46.6%
Expenses$2.3M$2.7M$2.7M$3.0M$3.4M+52.0%
Net surplus$62K$284K$284K-$19K-$31K-150.2%
Total assets$4.8M$5.7M$5.7M$5.6M$5.3M+9.2%
Total liabilities$2.5M$2.5M$2.5M$2.4M$2.2M-11.9%
Net assets$2.4M$3.2M$3.2M$3.1M$3.1M+31.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MAURO R PICCININNI
General Manager· 40h/wk
$106,517

+ 12 unpaid officers/directors as reported (BRADEN NEFF, CAMILLE ORME, CAROLINE KLEIN, +9 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$1,626,200
RENOVATION ASSESSMENT$222,205
INITIATION FEE$197,401
SPECIAL ASSESSMENT$113,300

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$2.0M
$165K paid down
Net land, buildings & equipment
$4.2M
book value, net of depreciation
Facility age
40%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$577K$1.2M$1.7M$2.3MFY20 · $2.3MFY20FY21 · $2.3MFY21FY22 · $2.1MFY22FY23 · $2.0MFY23

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$95,707
Occupancy$80,707
Depreciation & depletion$338,761
Office expenses$102,474
Legal fees$2,010
Accounting fees$18,890
Other professional fees$46,528

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
LAKE WARAMAUG COUNTRY CLUB 401K PLAN
pension · 11 participants · $114K 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.

Seasonal labor

DOL OFLC · certified H-2B positions
RoleWage floor (annualized)WorkersSeason
Waiters and Waitresses
New Preston, CT
$39K3Apr 2025 → Nov 2025
Cooks, Restaurant
New Preston, CT
$38K3Apr 2025 → Nov 2025

Positions the club certified through the U.S. Department of Labor’s H-2B program — an independent, government wage floor for rank-and-file roles the Form 990 never itemizes. Decision-maker contact available to members →

LFounded in 1993, Lake Waramaug Country Club Inc Golf Links Rd reported $3.40M of revenue for FY23, at an operating margin of -0.9%. Revenue moved up 14.5% 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.

Source documents
Form 990, FY2023 · period ending Thu Nov 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Wed Nov 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Tue Nov 30 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 more · via ProPublica
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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