Wawenock Country Club
- Assets
- $736.3k
- Revenue
- $442.9k
- Investments
- $0.0
- Employees
- 27
- Location
- Damariscotta, ME
- Founding
- 08/1983
- Data as of
- 12/2021
- EIN
- 01-0369722
Organization Overview
Wawenock Country Club is located in Damariscotta, ME. The organization was established in 1983. As of 12/2021, Wawenock Country Club employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wawenock Country Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Wawenock Country Club generated $442.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $403.4k during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE PHYSICAL, MENTAL AND EDUCATIONAL DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE PHYSICAL, MENTAL, AND EDUCATIONAL DEVELOPMENT AND REHABILITATION ON A NON-DISCRIMINATORY BASIS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Herbert Vice President | OfficerTrustee | 2 | $0 |
Jennifer Ireland Treasurer | OfficerTrustee | 2 | $0 |
Will Seider Secretary | OfficerTrustee | 2 | $0 |
Peter Christine President | OfficerTrustee | 2 | $0 |
Frazier Caner Trustee | Trustee | 2 | $0 |
Chuck Plummer Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $121,507 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,080 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,987 |
| Total Program Service Revenue | $249,523 |
| Investment income | $11 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,678 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $31,040 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $442,883 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $163,852 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,293 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,234 |
| Fees for services: Accounting | $4,861 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,622 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $66 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $234 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,994 |
| Insurance | $15,590 |
| All other expenses | $10,662 |
| Total functional expenses | $403,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $328,768 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $660 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,862 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $396,047 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $736,337 |
| Accounts payable and accrued expenses | $299 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $8,534 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,833 |
| Net assets without donor restrictions | $608,154 |
| Net assets with donor restrictions | $119,350 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $736,337 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wawenock Country Club has recieved totaling $16,500.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $16,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elderhostel Inc Boston, MA | $135,068,845 | $25,807,817 |
Country Club Chestnut Hill, MA | $75,043,157 | $30,549,304 |
Eastern States Exposition West Springfield, MA | $51,715,306 | $35,856,934 |
Wellesley Country Club Wellesley, MA | $55,523,277 | $17,353,733 |
Center For Responsive Schools Inc Turners Falls, MA | $25,338,958 | $15,592,654 |
American Hockey League Springfield, MA | $4,652,735 | $11,954,953 |
Pinebrook Country Club Inc Weston, MA | $32,646,318 | $13,203,918 |
Brae Burn Country Club West Newton, MA | $26,622,764 | $12,323,812 |
Nantucket Golf Club Inc Siasconset, MA | $41,080,926 | $8,761,983 |
Great Harbor Yacht Club Inc Nantucket, MA | $67,641,341 | $7,821,481 |
Belmont Country Club Inc Belmont, MA | $30,849,041 | $10,251,378 |
Charles River Country Club Inc Newton Centre, MA | $20,350,665 | $11,370,458 |