Bald Peak Colony Club
- Assets
- $11.3m
- Revenue
- $8.0m
- Investments
- $719.2k
- Employees
- 137
- Location
- Melvin Village, NH
- Founding
- 02/1996
- Data as of
- 10/2022
- EIN
- 02-0210407
Organization Overview
Bald Peak Colony Club is located in Melvin Village, NH. The organization was established in 1996. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 10/2022, Bald Peak Colony Club employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bald Peak Colony Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2022, Bald Peak Colony Club generated $8.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $7.8m during the year ending 10/2022. While expenses have increased by 5.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE & MAINTAIN FACILITIES FOR SPORTING, CULTURAL & EDUCATIONAL ACTIVITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE PURPOSE OF PROVIDING SUITABLE GROUNDS AND FACILITIES FOR ITS MEMBERS TO ENJOY SPORTING, CULTURAL, AND EDUCATIONAL ACTIVITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Wyles General Manager | 40 | $296,818 | |
Caleb Rudolph Golf Course Superintendent | 40 | $162,691 | |
Meighan Garnsey Controller | 40 | $158,025 | |
Paul Tessier Golf Professional | 40 | $122,540 | |
Mark Brown Executive Chef | 40 | $117,668 | |
Jeffrey Bennett President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,953,932 |
| Investment income | $20,501 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,005,657 |
| 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 | $3,504,082 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $714,785 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $240,856 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $56,864 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $955,761 |
| Insurance | $0 |
| All other expenses | $441,686 |
| Total functional expenses | $7,787,887 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,152,692 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $464,362 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $41,975 |
| Prepaid expenses and deferred charges | $142,292 |
| Net Land, buildings, and equipment | $8,755,954 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $719,176 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,276,451 |
| Accounts payable and accrued expenses | $622,672 |
| Grants payable | $0 |
| Deferred revenue | $40,004 |
| 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 | $1,340,222 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $182,113 |
| Total liabilities | $2,185,011 |
| Net assets without donor restrictions | $9,091,440 |
| Net assets with donor restrictions | $0 |
| 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 | $11,276,451 |
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