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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

SHAR501(c)(7) · MEDIUMNAICS 713910EIN 06-0531925

Sharon Country Club Inc

Sharon, CT · founded 1944

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$3.23M

▲ 42.4% YoY

FY23 Total Expenses

$2.18M

▲ 3.5% YoY

Operating Margin

32.7%

revenue minus expenses ÷ revenue

Employees

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$3.2M

▲ 72.4% / 5y

Expenses

$2.2M

▲ 20.1% / 5y

Total Assets

$4.7M

▲ 58.4% / 5y

Total Liabilities

$239K

▲ 389.3% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$1.9M	$2.1M	$2.1M	$2.3M	$3.2M	+72.4%
Expenses	$1.8M	$1.9M	$1.9M	$2.1M	$2.2M	+20.1%
Net surplus	$66K	$187K	$187K	$168K	$1.1M	+1514.1%
Total assets	$3.0M	$3.3M	$3.3M	$3.6M	$4.7M	+58.4%
Total liabilities	$49K	$82K	$82K	$147K	$239K	+389.3%
Net assets	$2.9M	$3.2M	$3.2M	$3.4M	$4.5M	+52.9%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
DUNCAN MCGOWAN GROUND SUPERINTENDENT· 40h/wk	$106,831	—
THOMAS HALSTEAD GENERAL MANAGER & GOLF PROFESSIONAL· 40h/wk	$103,658	—
AMOS BIGLER Executive Chef· 40h/wk	$103,275	—

+ 9 unpaid officers/directors as reported (ALEXANDRA TART, BARRY GILL, IAN JOHN, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
Thomas Halsted WINSTED, CT	Management services	$161,070

Revenue by activity

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

Line item	Amount
DUES	$1,250,307
INITIATION FEES	$235,480
OTHER PROGRAM SERVICE	$232,663
CAPITAL IMPROVEMENT SU	$142,300
BONUS CONTRIBUTIONS	$88,025

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

—

end of year

Net land, buildings & equipment

$2.9M

book value, net of depreciation

Facility age

53%

accumulated depreciation ÷ cost — higher = older plant

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	$56,051
Occupancy	$123,027
Depreciation & depletion	$247,780
Information technology	$18,269
Advertising & promotion	$268
Office expenses	$6,699
Accounting fees	$19,080
Other professional fees	$42,082

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

SHARON COUNTRY CLUB 401(K) P/S PLAN

pension · 8 participants · $426K 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.

SFounded in 1944, Sharon Country Club Inc reported $3.23M of revenue for FY23, at an operating margin of 32.7%. Revenue moved up 42.4% 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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