Club Index›CT›CONN

MoreRankings The Ledger Methodpublic IRS Form 990 records

The Annual Register

Country Club Intel

The Annual Register

Country Club Intel

Data from public IRS Form 990 · ProPublica Nonprofit Explorer

CONN501(c)(7) · MEDIUMNAICS 713910EIN 06-0842905

Connecticut Golf Club Inc

Easton, CT · founded 1968

13 filings on recordFY 2011–2023medium confidence

Compare to peers →

FY23 Total Revenue

$5.08M

▼ 6.4% YoY

FY23 Total Expenses

$4.81M

▲ 35.7% YoY

Operating Margin

5.2%

revenue minus expenses ÷ revenue

Employees

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$5.1M

▲ 25.1% / 5y

Expenses

$4.8M

▲ 31.2% / 5y

Total Assets

$12.4M

▲ 72.0% / 5y

Total Liabilities

$7.7M

▲ 108.5% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$4.1M	$4.1M	$4.8M	$5.4M	$5.1M	+25.1%
Expenses	$3.7M	$3.7M	$4.1M	$3.5M	$4.8M	+31.2%
Net surplus	$391K	$391K	$755K	$1.9M	$265K	-32.2%
Total assets	$7.2M	$7.2M	$8.7M	$14.5M	$12.4M	+72.0%
Total liabilities	$3.7M	$3.7M	$4.5M	$8.6M	$7.7M	+108.5%
Net assets	$3.5M	$3.5M	$4.2M	$5.9M	$4.7M	+33.8%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
JOHN DIPILATO Director of Golf· 55h/wk	$177,500	$4,884
JAMES WEILAND FMR DIRECTOR OF GROUNDS· 55h/wk	$161,520	—
DEBORAH WALLENTA DIRECTOR OF OPERATIONS· 55h/wk	$115,500	$12,186

+ 11 unpaid officers/directors as reported (ANDY LIPMAN, BILL CUSICK, BRIAN COVESE, +8 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

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

Line item	Amount
MEMBERSHIP DUES	$2,825,616
INITIATION FEES	$955,954
ASSESSMENTS FOR CAPITA	$404,520
PAVING ASSESSMENT	$285,269

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

—

end of year

Net land, buildings & equipment

$11.6M

book value, net of depreciation

Facility age

52%

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	$163,168
Occupancy	$237,614
Depreciation & depletion	$699,587
Information technology	$39,053
Office expenses	$249,057
Legal fees	$1,300
Accounting fees	$50,006
Other professional fees	$12,926

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

THE CONNECTICUT GOLF CLUB, INC. RETIREMENT PLAN

pension · 8 participants · $1.0M 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.

CFounded in 1968, Connecticut Golf Club Inc reported $5.08M of revenue for FY23, at an operating margin of 5.2%. Revenue moved down 6.4% 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)

+ 10 more · via ProPublica

The Quarterly · free