NAOR501(c)(7) · MEDIUMNAICS 713910EIN 23-7089810

North Andover Country Club

N Andover, MA · founded 1971
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$2.84M
▲ 15.1% YoY
FY23 Total Expenses
$2.78M
▲ 10.3% YoY
Operating Margin
2.0%
revenue minus expenses ÷ revenue
Employees
111
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$2.8M
▲ 19.5% / 5y
2.41.62.42.52.8
Expenses
$2.8M
▲ 28.8% / 5y
2.21.62.22.52.8
Total Assets
$6.7M
▲ 83.7% / 5y
3.76.37.36.96.7
Total Liabilities
$3.7M
▲ 256.6% / 5y
1.03.44.33.93.7

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.4M$1.6M$2.4M$2.5M$2.8M+19.5%
Expenses$2.2M$1.6M$2.2M$2.5M$2.8M+28.8%
Net surplus$215K$46K$157K-$58K$57K-73.5%
Total assets$3.7M$6.3M$7.3M$6.9M$6.7M+83.7%
Total liabilities$1.0M$3.4M$4.3M$3.9M$3.7M+256.6%
Net assets$2.6M$2.9M$3.0M$3.0M$3.0M+15.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
BOYD HOLK
General Manager· 45h/wk
$70,769
KARA REARDON
CHIEF FINANCIAL PERSON· 40h/wk
$60,657

+ 11 unpaid officers/directors as reported (COLLEEN DIAS, ERIC EGERTSON, GREGORY JOHNSON, +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 itemAmount
PROGRAM REVENUE$126,674

NFounded in 1971, North Andover Country Club reported $2.84M of revenue for FY23, at an operating margin of 2.0%. Revenue moved up 15.1% 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
Form 990, FY2023 · period ending Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 30 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
live feed
The Quarterly · delivered free

Read the filings
before the board does.

Every new 990, every shift in the compensation bands, every notable year-over-year swing — compiled into one briefing each edition, for the people who actually run these clubs.

4,200+
GMs · controllers · board members
4×
a year · never more
Subscribe
Quarterly only · no spam · unsubscribe in one click

“I read it before our finance committee meets.”
— GM, top-50 club

Privacy PolicyDisclaimerMethodology© 2026 Country Club Intel
The Quarterly · free
The filings, the comp, the movers — four times a year.
Quarterly only · no spam · unsubscribe in one click