Newton Country Club

Organization Overview

Newton Country Club is located in Newton, NJ. The organization was established in 1974. 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 12/2022, Newton Country Club employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Newton Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 12/2022, Newton Country Club generated $2.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $2.1m during the year ending 12/2022. While expenses have increased by 2.5% per year over the past 8 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

ORGANIZATION OPERATES GOLF COURSE FOR USE BY MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEMBERSHIP FEES ARE COLLECTED FROM MEMBERS IN ACCORDANCE WITH THE BY-LAWS. THE CLUB THEN PROVIDES ACCESS TO THE GOLF COURSE AND DINING ACCOMMODATIONS TO THE MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
David Rome
Vice President
$0
Marie Callahan
President
$0
Bruce Murphy
Trustee
$0
Tom Ayres
Trustee
$0
Paul Tracy
Trustee
$0
Joan Gould
Trustee
$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$1,832,297
Investment income $13,340
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 $330,176
Miscellaneous Revenue$0
Total Revenue $2,265,012

Peer Organizations

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