Burning Tree Club Inc
- Assets
- $58.8m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 93
- Location
- Bethesda, MD
- Founding
- 10/1972
- Data as of
- 12/2022
- EIN
- 52-0259894
Organization Overview
Burning Tree Club Inc is located in Bethesda, MD. The organization was established in 1972. 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, Burning Tree Club Inc employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burning Tree 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 12/2022, Burning Tree Club Inc generated $8.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $8.4m during the year ending 12/2022. While expenses have increased by 6.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A COUNTRY CLUB FOR THE BENEFIT OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMPANY OPERATES A COUNTRY CLUB FOR THE BENEFIT OFMEMBERS, PROVIDING A FACILITY SUCH AS A GOLF COURSE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terrence O'donnell President | OfficerTrustee | 1 | $0 |
James B Graham Vice President | OfficerTrustee | 1 | $0 |
John D Rauth Secretary | OfficerTrustee | 1 | $0 |
Steven J Quamme Treasurer | OfficerTrustee | 1 | $0 |
Charles B Molster Director | Trustee | 1 | $0 |
John C Lee Director | Trustee | 1 | $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 | $6,922,305 |
| Investment income | $618,982 |
| 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 | $730,535 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,271,822 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,500 |
| 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 | $3,366,208 |
| Pension plan accruals and contributions | $462,108 |
| Other employee benefits | $479,248 |
| Payroll taxes | $216,228 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $106,683 |
| Advertising and promotion | $0 |
| Office expenses | $37,575 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $285,108 |
| Travel | $3,454 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $550 |
| Interest | $279,373 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,027,227 |
| Insurance | $118,280 |
| All other expenses | $791,783 |
| Total functional expenses | $8,430,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,580 |
| Savings and temporary cash investments | $4,721,734 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,495,492 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $162,905 |
| Prepaid expenses and deferred charges | $122,903 |
| Net Land, buildings, and equipment | $15,229,947 |
| Investments—publicly traded securities | $35,984,835 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $69,233 |
| Total assets | $58,792,629 |
| Accounts payable and accrued expenses | $36,491 |
| Grants payable | $0 |
| Deferred revenue | $4,666,050 |
| 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 | $9,121,051 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $305,242 |
| Total liabilities | $14,128,834 |
| Net assets without donor restrictions | $11,371,863 |
| Net assets with donor restrictions | $33,291,932 |
| 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 | $58,792,629 |