WIAT501(c)(7) · MEDIUMNAICS 713910EIN 06-1303559
Watertown Golf Club Incorporated
Watertown, CT
14 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$2.31M
▲ 11.1% YoY
FY23 Total Expenses
$2.33M
▲ 9.4% YoY
Operating Margin
-0.7%
revenue minus expenses ÷ revenue
Employees
109
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$2.3M
▲ 10.2% / 5y
Expenses
$2.3M
▲ 6.4% / 5y
Total Assets
$2.4M
▲ 2.9% / 5y
Total Liabilities
$2.0M
▼ 4.9% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $2.1M | $2.2M | $2.2M | $2.1M | $2.3M | +10.2% |
| Expenses | $2.2M | $2.0M | $2.0M | $2.1M | $2.3M | +6.4% |
| Net surplus | -$91K | $141K | $141K | -$49K | -$17K | -81.2% |
| Total assets | $2.3M | $2.1M | $2.1M | $2.3M | $2.4M | +2.9% |
| Total liabilities | $2.1M | $2.1M | $2.1M | $2.0M | $2.0M | -4.9% |
| Net assets | $155K | -$11K | -$11K | $345K | $328K | +111.3% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 9 unpaid officers/directors as reported (DAVID LONGO, JEFFREY SLAPIKAS, JOHN BOUCHER, +6 more)
All 9 listed officers reported $0 compensation — volunteer board.
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 |
|---|---|
| DUES & ASSESSMENTS | $1,492,706 |
| CART CHARGES | $274,179 |
| CART & GREEN FEES NONMEMBER | $73,026 |
| GREEN FEES | $71,274 |
| RANGE FEES | $41,042 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$1.7M
▲ $59K new borrowing
Net land, buildings & equipment
$1.8M
book value, net of depreciation
Facility age
81%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $87,149 |
| Occupancy | $76,425 |
| Depreciation & depletion | $157,821 |
| Advertising & promotion | $200 |
| Office expenses | $7,639 |
| Accounting fees | $7,731 |
| Other professional fees | $12,429 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
WATERTOWN GOLF CLUB, INC. RETIREMENT PLAN
pension · 47 participants · $2.2M assets · FY2024
WWatertown Golf Club Incorporated reported $2.31M of revenue for FY23, at an operating margin of -0.7%. Revenue moved up 11.1% 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
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