| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $7.3M | $6.7M | $8.3M | $6.9M | $8.1M | +10.7% |
| Expenses | $5.7M | $5.7M | $6.1M | $6.9M | $8.0M | +41.1% |
| Net surplus | $1.6M | $1.0M | $2.1M | $87K | $76K | -95.4% |
| Total assets | $10.7M | $10.7M | $12.6M | $12.9M | $13.5M | +25.5% |
| Total liabilities | $6.6M | $5.5M | $5.3M | $5.6M | $6.1M | -6.9% |
| Net assets | $4.2M | $5.3M | $7.3M | $7.3M | $7.3M | +76.8% |
| Officer · Employee | Reportable | Other |
|---|---|---|
JIM CAPEK General Manager· 40h/wk | $215,432 | $5,772 |
KARIM MADATALI Head Tennis Professional· 40h/wk | $141,879 | — |
ALEJANDRO ANGULO Executive Chef· 40h/wk | $136,439 | — |
JEFFREY FIELD Head Golf Professional· 40h/wk | $133,574 | $1,180 |
TIMOTHY ALLEN SUPERINTENDENT - UNTIL 03/2023· 40h/wk | $125,283 | $2,889 |
+ 14 unpaid officers/directors as reported (CHRISTOPHER BURTON, HANK MURPHY, JEFF ELDRED, +11 more)
No contractors reported.
| Line item | Amount |
|---|---|
| DUES & ASSESSMENTS | $4,765,747 |
| SERVICE CHARGES | $607,189 |
| GOLF | $559,883 |
| INITIATION FEES | $338,290 |
| FITNESS CENTER FEES | $191,601 |
WFounded in 1950, Westborough Country Club reported $8.12M of revenue for FY23, at an operating margin of 0.9%. Revenue moved up 16.8% 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.