New Boston Golf Club Inc
- Assets
- $11.8m
- Revenue
- $8.9m
- Investments
- $579.3k
- Employees
- 82
- Location
- Hingham, MA
- Founding
- Data as of
- 12/2022
- EIN
- 45-4237268
Organization Overview
New Boston Golf Club Inc is located in Hingham, MA. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, New Boston Golf Club Inc employed 82 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Boston Golf Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A PRIVATE 18 HOLE GOLF COURSE, WITH A GRILL ROOM AND PRACTICE AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW BOSTON GOLF CLUB (NBGC) WAS CREATED OUT OF A DEEP RESPECT FOR THE TRADITIONS OF THE GAME OF GOLF IN ITS PUREST FORM. TO WALK A ROUTING THAT FEELS LIKE IT'S BEEN HERE FOR HUNDREDS OF YEARS. TO DEVELOP A SENSE OF PRIDE AS YOU COME TO LEARN YOUR COURSE. TO TAKE A CADIE AND SHARE A BOND WITH FELLOW MEMBERS. TO SUPPORT CLUB TOURNAMENTS AND THE MEMBERS GOLF SHOP.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Coffey President/treasurer | OfficerTrustee | 1 | $0 |
Daniel Cappucci Vice President | OfficerTrustee | 1 | $0 |
Susan Curtin Secretary/clerk | OfficerTrustee | 1 | $0 |
Matthew Brophy Director | Trustee | 1 | $0 |
Andrew Newman Director | Trustee | 1 | $0 |
Richard Miller Jr Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $219,638 |
| 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 | $219,638 |
| Total Program Service Revenue | $7,756,995 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $49,500 |
| Net Gain/Loss on Asset Sales | -$16,728 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $851,785 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,861,190 |
| 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 | $2,216,217 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $296,453 |
| Payroll taxes | $233,040 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $53,293 |
| Fees for services: Accounting | $26,861 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $405,744 |
| Advertising and promotion | $15,322 |
| Office expenses | $329,890 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $24,045 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,220 |
| Interest | $53,862 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $611,039 |
| Insurance | $127,183 |
| All other expenses | $191,196 |
| Total functional expenses | $5,601,747 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,554 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,104 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $144,448 |
| Prepaid expenses and deferred charges | $17,802 |
| Net Land, buildings, and equipment | $10,931,296 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $579,349 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,827,553 |
| Accounts payable and accrued expenses | $218,820 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,172,119 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $528,097 |
| Total liabilities | $1,919,036 |
| Net assets without donor restrictions | $9,908,517 |
| Net assets with donor restrictions | $0 |
| 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 | $11,827,553 |