Foxborough Country Club Inc

Organization Overview

Foxborough Country Club Inc is located in Foxboro, MA. The organization was established in 1961. 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 09/2022, Foxborough Country Club Inc employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foxborough Country 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 09/2022, Foxborough Country Club Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $2.6m during the year ending 09/2022. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO OPERATE A SEMI-PRIVATE, RECREATIONAL AND SOCIAL CLUB WITH GOLF COURSE, CLUBHOUSE AND OTHER RECREATIONAL FACILITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATE A SEMI-PRIVATE, RECREATIONAL AND SOCIAL CLUB WITH GOLF COURSE, CLUBHOUSE AND OTHER RECREATIONAL FACILITIES.


DEPRECIATION ASSOCIATED WITH ORGANIZATION'S EXEMPT PURPOSE AS A RECREATIONAL SOCIAL CLUB WITH GOLF COURSE.


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Board, Officers & Key Employees

Name (title)Compensation
Lou Carangelo
President
$0
Norman Choiniere
Clerk
$0
Sean Tierney
Vice Preside
$0
Robert Truitt
Treasurer
$0
Iain Baird
Director
$0
Thomas Buckley
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $177,852
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$177,852
Total Program Service Revenue$2,736,518
Investment income $25,037
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $42,800
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $207,664
Miscellaneous Revenue$0
Total Revenue $3,189,871

Peer Organizations

Organization NameAssets
Glen Oaks Club Inc
Old Westbury, NY
$20,068,781
Sleepy Hollow Country Club Westchester
Scarborough, NY
$23,136,850
Wee Burn Country Club Inc
Darien, CT
$16,725,850
Piping Rock Club
Locust Valley, NY
$17,059,500
Oak Hill Country Club
Rochester, NY
$17,798,483
Greenwich Country Club
Greenwich, CT
$23,136,592
Harvard Club Of New York City
New York, NY
$14,784,742
Wellesley Country Club
Wellesley, MA
$17,353,733
Colony Club
New York, NY
$16,065,896
Creek Inc
Locust Valley, NY
$13,749,282
Woodway Country Club Incorporated
Darien, CT
$14,880,536
Round Hill Club Incorporated
Greenwich, CT
$13,385,000

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