THE NASHAWTUC COUNTRY CLUB INC

EIN: 042270653

CONCORD, MA

Total Revenue
$13,419,226
Total Expenses
$12,217,773
Total Assets
$35,277,121
Net Assets
$15,185,799
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
MA
Principal Officer
MICHAEL TIMMERMANS
Phone
9786102713
Tax Period
2023-01-01 to 2023-12-31

THE NASHAWTUC COUNTRY CLUB INC, founded in 1960, is a mid-sized nonprofit that reported $13.4M in total revenue in fiscal year 2023. Expenses of $12.2M left a modest 9% surplus.

Mission

OPERATE & MAINTAIN GOLF COURSE, POOL, AND CLUBHOUSE FOR USE & ENJOYMENT OF MEMBERS & GUESTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $10,266,510
Investment Income $558
Other Revenue $3,152,158
TOTAL REVENUE $13,419,226

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,600,365
Fundraising Expenses $0
Other Expenses $5,617,408
TOTAL EXPENSES $12,217,773

Year-over-Year Comparison

2023 2022 Change
Revenue $13,419,226 $12,891,679 +0.0%
Expenses $12,217,773 $11,359,725 +0.1%
Net Income $1,201,453 $1,531,954 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
276
Volunteers
11

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
11
$0
Key Employees
2
$600,480
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSHUA KLIMIKIEWICZ PRESIDENT 3.00
Officer Director
$0 $0 $0
DIANE ALBANO VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
MIKE TIMMERMANS TREASURER 3.00
Officer Director
$0 $0 $0
BILL SAMPLE ASSISTANT TREASURER 3.00
Officer Director
$0 $0 $0
BRIAN MCGRORY SECRETARY 3.00
Officer Director
$0 $0 $0
ADAM PONTE GOVERNOR 3.00
Director
$0 $0 $0
ROBIN BAUGHMAN GOVERNOR 3.00
Director
$0 $0 $0
MICHAEL WITTY GOVERNOR 3.00
Director
$0 $0 $0
COLLEEN CURRIER GOVERNOR 3.00
Director
$0 $0 $0
CHIP CURRAN GOVERNOR 3.00
Director
$0 $0 $0
BRUCE THOMPSON GOVERNOR 3.00
Director
$0 $0 $0
ROBERT CARPENTER GM/COO 40.00
Key Emp
$347,455 $36,211 $383,666
TROY NOBLE SUPERINTENDENT 40.00
Key Emp
$186,002 $30,812 $216,814
GEORGE LAFFEY DIRECTOR OF RACKETS 40.00
Highest
$272,433 $29,107 $301,540
JAMES WACKELL CONTROLLER 40.00
Highest
$165,047 $29,244 $194,291
BRIAN SMITH GOLF PROFESSIONAL 40.00
Highest
$155,771 $22,720 $178,491
CHRISTOPHER BULLOCK FITNESS DIRECTOR 40.00
Highest
$166,734 $6,995 $173,729
PETER MALLOY EXECUTIVE CHEF 1.00
Highest
$145,149 $23,470 $168,619
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $13,419,226 $12,217,773 $35,277,121 $1,201,453
2022 $12,891,679 $11,359,725 $35,172,525 $1,531,954
2021 $12,655,320 $10,031,374 $33,858,798 $2,623,946
2020 $9,113,524 $6,919,163 $30,924,798 $2,194,361
2019 $6,793,610 $5,274,529 $29,142,437 $1,519,081
2018 $8,209,902 $7,033,722 $10,786,149 $1,176,180
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