OLLD501(c)(7) · MEDIUMNAICS 713910EIN 06-0478680

Old Lyme Country Club Inc

Old Lyme, CT · founded 1959
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$2.33M
▲ 12.3% YoY
FY23 Total Expenses
$1.88M
▲ 1.8% YoY
Operating Margin
19.5%
revenue minus expenses ÷ revenue
Employees
26
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$2.3M
▲ 41.4% / 5y
1.61.61.82.12.3
Expenses
$1.9M
▲ 18.9% / 5y
1.61.51.71.81.9
Total Assets
$2.5M
▲ 35.8% / 5y
1.81.71.71.92.5
Total Liabilities
$1.5M
▼ 13.7% / 5y
1.81.61.51.41.5

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.6M$1.6M$1.8M$2.1M$2.3M+41.4%
Expenses$1.6M$1.5M$1.7M$1.8M$1.9M+18.9%
Net surplus$70K$38K$175K$232K$453K+551.3%
Total assets$1.8M$1.7M$1.7M$1.9M$2.5M+35.8%
Total liabilities$1.8M$1.6M$1.5M$1.4M$1.5M-13.7%
Net assets$34K$72K$247K$479K$932K+2640.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MIKE IWANICKI
General Manager· 40h/wk
$109,630
ROB BARBEAU
Head Golf Professional· 40h/wk
$108,301

+ 13 unpaid officers/directors as reported (ANNE HEFTER, ANNE MULHOLLAND, BILL BELLUZZI, +10 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$2,045,871
SPECIAL ASSESMENT$173,403
INITIATION FEES$125,013
GOLF$61,076
TENNIS$36,009

OFounded in 1959, Old Lyme Country Club Inc reported $2.33M of revenue for FY23, at an operating margin of 19.5%. Revenue moved up 12.3% 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)
+ 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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