Brooklawn Country Club Inc
- Assets
- $26.6m
- Revenue
- $10.2m
- Investments
- $0.0
- Employees
- 179
- Location
- Fairfield, CT
- Founding
- 05/1940
- Data as of
- 01/2024
- EIN
- 06-0274870
Organization Overview
Brooklawn Country Club Inc is located in Fairfield, CT. The organization was established in 1940. 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 01/2024, Brooklawn Country Club Inc employed 179 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooklawn 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 01/2024, Brooklawn Country Club Inc generated $10.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $9.9m during the year ending 01/2024. While expenses have increased by 6.8% per year over the past 6 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE USE OF A GOLF COURSE, TENNIS COURTS, A SWIMMING POOL AND CLUBHOUSE, WHICH OFFERS DINING FOR THE USE AND ENJOYMENT OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAX EXEMPT CLUB ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Hand President | OfficerTrustee | 3 | $0 |
William Wallace Former President | OfficerTrustee | 3 | $1,088 |
Scott Torello 1st Vice President | OfficerTrustee | 3 | $13,164 |
Susan Decarlo 2nd Vice President | OfficerTrustee | 3 | $0 |
John Brohel Treasurer | OfficerTrustee | 3 | $0 |
Catherine Birch Secretary | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jvf Golf Llc Contractor Runs The Pro Shop For Our Gol | 1/30/24 | $615,777 |
Ab Racquet Sports Contractor Runs Pro Shop For Our Racquet | 1/30/24 | $368,388 |
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 | $7,125,555 |
| Investment income | $89,735 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $16,128 |
| 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 | $2,989,141 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,220,559 |
| 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. | $575,668 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,997,442 |
| Pension plan accruals and contributions | $67,119 |
| Other employee benefits | $357,980 |
| Payroll taxes | $456,112 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,231 |
| Fees for services: Accounting | $29,154 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $149,221 |
| Advertising and promotion | $0 |
| Office expenses | $108,019 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $576,969 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $248,705 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,641,124 |
| Insurance | $225,879 |
| All other expenses | $156,652 |
| Total functional expenses | $9,889,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,000 |
| Savings and temporary cash investments | $3,988,168 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,084,980 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $339,024 |
| Prepaid expenses and deferred charges | $48,809 |
| Net Land, buildings, and equipment | $19,906,882 |
| Investments—publicly traded securities | $202,622 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,572,485 |
| Accounts payable and accrued expenses | $6,205,612 |
| Grants payable | $0 |
| Deferred revenue | $1,732,192 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $29,846 |
| Total liabilities | $7,967,650 |
| Net assets without donor restrictions | $18,359,861 |
| Net assets with donor restrictions | $244,974 |
| 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 | $26,572,485 |