Mohawk Golf Club
- Assets
- $5.4m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 153
- Location
- Schenectady, NY
- Founding
- 01/1943
- Data as of
- 12/2018
- EIN
- 14-0895440
Organization Overview
Mohawk Golf Club is located in Schenectady, NY. The organization was established in 1943. 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 12/2018, Mohawk Golf Club employed 153 individuals. Mohawk Golf Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2018, Mohawk Golf Club generated $3.0m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 4 years. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
MEMBERSHIP GOLFING, SWIMMING, TENNIS, AND SOCIAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A PRIVATE COUNTRY CLUB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Frankel Vice President | OfficerTrustee | 2 | $0 |
Charlie Campione President | OfficerTrustee | 2 | $0 |
Robert P Coan Secretary | Officer | 3 | $0 |
Paul Cuda Treasurer | Officer | 5 | $0 |
Karl Fuerst Co-Ch. Member Retention & Events | Trustee | 2 | $0 |
Adam Bach Co-Ch. Finance & Audit | Trustee | 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 | $2,389,623 |
| Investment income | $8,456 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $615,790 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,016,869 |
| 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 | $1,320,514 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $64,284 |
| Payroll taxes | $166,246 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,148 |
| Fees for services: Accounting | $3,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,433 |
| Office expenses | $50,638 |
| Information technology | $24,980 |
| Royalties | $0 |
| Occupancy | $329,628 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $183,085 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $235,527 |
| Insurance | $115,419 |
| All other expenses | $183,341 |
| Total functional expenses | $3,220,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,037 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $567,668 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $24,238 |
| Prepaid expenses and deferred charges | $51,341 |
| Net Land, buildings, and equipment | $4,603,316 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,445,600 |
| Accounts payable and accrued expenses | $251,751 |
| Grants payable | $0 |
| Deferred revenue | $516,313 |
| 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 | $3,375,739 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,250,999 |
| Total liabilities | $5,394,802 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $50,798 |
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|---|---|---|
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Glen Oaks Club Inc Old Westbury, NY | $13,779,705 | $20,068,781 |
Saucon Valley Country Club Bethlehem, PA | $67,852,931 | $24,203,066 |
Sleepy Hollow Country Club Westchester Scarborough, NY | $36,824,085 | $23,136,850 |
Wee Burn Country Club Inc Darien, CT | $32,519,463 | $16,725,850 |
Piping Rock Club Locust Valley, NY | $31,334,038 | $17,059,500 |
Philadelphia Cricket Club Philadelphia, PA | $37,903,760 | $20,280,729 |
Rolling Rock Club Ligonier, PA | $40,965,761 | $18,300,601 |
Oak Hill Country Club Rochester, NY | $24,513,885 | $17,798,483 |
The Ridgewood Country Club Paramus, NJ | $31,275,344 | $17,956,980 |
Montclair Golf Club Montclair, NJ | $32,931,083 | $17,687,834 |
Greenwich Country Club Greenwich, CT | $48,407,804 | $23,136,592 |