BING501(c)(7) · MEDIUMNAICS 713910EIN 15-0246000

Binghamton Country Club

Endwell, NY · founded 1966
14 filings on recordFY 20112024medium confidence
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FY24 Total Revenue
$3.41M
▲ 5.5% YoY
FY24 Total Expenses
$3.46M
▲ 9.5% YoY
Operating Margin
-1.4%
revenue minus expenses ÷ revenue
Employees
141
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$3.4M
▲ 22.1% / 5y
2.83.23.23.23.4
Expenses
$3.5M
▲ 34.8% / 5y
2.62.92.93.23.5
Total Assets
$2.5M
▲ 15.0% / 5y
2.22.42.42.52.5
Total Liabilities
$321K
▲ 38.8% / 5y
231229229278321

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$2.8M$3.2M$3.2M$3.2M$3.4M+22.1%
Expenses$2.6M$2.9M$2.9M$3.2M$3.5M+34.8%
Net surplus$228K$295K$295K$73K-$47K-120.5%
Total assets$2.2M$2.4M$2.4M$2.5M$2.5M+15.0%
Total liabilities$231K$229K$229K$278K$321K+38.8%
Net assets$2.0M$2.2M$2.2M$2.2M$2.2M+12.1%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther

+ 8 unpaid officers/directors as reported (DAVE MAIONE, DAVID STELLA, ED SANTELLI, +5 more)

All 8 listed officers reported $0 compensation — volunteer board.

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
Membership Dues & Assessments$2,693,488
FEES & OTHER INCOME$39,837

Balance sheet & capital

FY24 · IRS Form 990, Part X
Mortgages & notes payable
$138K
$25K new borrowing
Net land, buildings & equipment
$2.1M
book value, net of depreciation
Facility age
68%
accumulated depreciation ÷ cost — higher = older plant
Tax-exempt bond liabilities
$60K
end of year
Debt over time
$0$35K$69K$104K$138KFY21 · $61KFY21FY22 · $61KFY22FY23 · $113KFY23FY24 · $138KFY24

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

FY24 · Form 990, Part IX
Management fees$0
Insurance$79,717
Occupancy$0
Depreciation & depletion$268,405
Information technology$0
Advertising & promotion$17,340
Office expenses$0
Legal fees$0
Accounting fees$15,839
Other professional fees$0

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.

BFounded in 1966, Binghamton Country Club reported $3.41M of revenue for FY24, at an operating margin of -1.4%. Revenue moved up 5.5% 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, FY2024 · period ending Sun Mar 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Fri Mar 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Thu Mar 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 11 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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