Oyster Harbors Club Inc

Organization Overview

Oyster Harbors Club Inc is located in Osterville, MA. The organization was established in 1948. 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 12/2021, Oyster Harbors Club Inc employed 227 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oyster Harbors Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2021, Oyster Harbors Club Inc generated $6.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $6.2m during the year ending 12/2021. While expenses have increased by 3.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OYSTER HARBORS CLUB IS A CLUB THAT HAS ATHLETIC, RECREATIONAL AND SOCIAL ACTIVITIES. THE FACILITY INCLUDES AN 18 HOLE GOLF COURSE, 5 TENNIS COURTS AND A BEACH AREA. THE CLUB HOLDS NUMEROUS SOCIAL FUNCTIONS FOR ITS 440 (AT 12/31/21) MEMBERS, INCLUDING DINNER DANCES, SPEAKERS, BRIDGE, A 4TH OF JULY PICNIC AND GOLF/TENNIS RELATED FUNCTIONS. THE CLUB ALSO PROVIDES RECREATIONAL PROGRAMS FOR MEMBER'S CHILDREN AND GRANDCHILDREN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE DINING, GOLF, DAY CAMP, AND OTHER SPORTS ACTIVITIES FOR APPROX. 440 MEMBERS AND THEIR FAMILIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Colony Rug
Carpet Installation
$103,677
Bayside Building
Construction
$570,428
Bayside Building
Construction
$570,428
Universal Tennis
Professional Tennis Lessons
$270,701
Bayside Building
Construction
$570,428
Colony Rug
Carpet Installation
$103,677
View All Vendors

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$6,691,955
Investment income $850
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $18,800
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$483,880
Miscellaneous Revenue$0
Total Revenue $6,227,725

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Oyster Harbors Club Inc has recieved totaling $250.

Awarding OrganizationAmount
Moran Fam Foundation

Tequesta, FL

PURPOSE: TO EXEMPT DONEE ORGANIZATION IN THEIR EXEMPT FUNCTION

$250
View Grant Recipient Profile

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Wellesley Country Club
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$17,353,733
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Creek Inc
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Woodway Country Club Incorporated
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$14,880,536
Round Hill Club Incorporated
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$13,385,000

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