Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
EIN 04-2028288 • 501(c)7 • Newbury, MA
Profile
Oldtown country club was founded in 1903 by members of the dalton club of newburyport for the purposes of creating a summer recreational area on the banks of the parker river. Throughout the years, members have gathered together for social and recreational purposes including boating, swimming, dining, and tennis. Members serve on committees to work together for planning and implementation of social events for adults, families, and children. In addition, members serve on committees to maintain the physical structure of the club making it a working club as well as social. A dock is maintained on the parker river for members who are recreational boaters giving them access to their boats on moorings and at the town dock. Members and their guests then enjoy the parker river and plum island sound and surrounding areas. Recreational fishing is also popular among the members. A restaurant is maintained in the main clubhouse for members and their guests. Lunchs and dinners are served in an info
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
Liabilities / Revenue
61st percentile
Higher debt load relative to revenue than 61% of similar nonprofits.
Net Margin
64th percentile
Higher net margin than 64% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
81st percentile
Faster asset growth than 81% of similar nonprofits.
Revenue Growth
51st percentile
Faster revenue growth than 51% of similar nonprofits.
Assets
Up$153,840
Up $27,224 (+22%) from 2023
Liabilities
Flat$782
Flat from 2023
Net Assets
Up$153,058
Up $27,224 (+22%) from 2023
Revenue
Up$329,894
Up $6,617 (+2.0%) from 2023
Expenses
Down$302,670
Down $13,702 (-4.3%) from 2023
Net Income
Up$27,224
Up $20,319 (+294%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
Oldtown country club was founded in 1903 by members of the dalton club of newburyport for the purposes of creating a summer recreational area on the banks of the parker river. Throughout the years, members have gathered together for social and recreational purposes including boating, swimming, dining, and tennis. Members serve on committees to work together for planning and implementation of social events for adults, families, and children. In addition, members serve on committees to maintain the physical structure of the club making it a working club as well as social. A dock is maintained on the parker river for members who are recreational boaters giving them access to their boats on moorings and at the town dock. Members and their guests then enjoy the parker river and plum island sound and surrounding areas. Recreational fishing is also popular among the members. A restaurant is maintained in the main clubhouse for members and their guests. Lunchs and dinners are served in an info
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $125,834 | $153,058 | ▲ $27,224 |
| Savings and Temporary Cash Investments | $76,349 | $88,989 | ▲ $12,640 |
| Land, Buildings, and Equipment, Net | $47,312 | $49,850 | ▲ $2,538 |
| Cash and Non-Interest-Bearing Accounts | $3,729 | $15,919 | ▲ $12,190 |
| Accounts Receivable | $-724 | $-868 | ▼ $144 |
| Total Assets | $126,616 | $153,840 | ▲ $27,224 |
| Other Assets Total | $-50 | $-50 | → $0 |
| Liabilities | |||
| Other Liabilities | $686 | $686 | → $0 |
| Accounts Payable and Accrued Expenses | $96 | $96 | → $0 |
| Total Liabilities | $782 | $782 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $125,834 | $153,058 | ▲ $27,224 |
| Total Liabilities and Net Assets / Fund Balance | $126,616 | $153,840 | ▲ $27,224 |
| Name | Title |
|---|---|
| Mark Quarentiello | Co President |
| Michael Collins | Co President |
| Alice Stengel | Trustee/dire |
| Christopher Bergin | Trustee/dire |
| Jeanne Zabrowski | Trustee/dire |
| John Fullford | Trustee/dire |
| Julie Philbin | Trustee/dire |
| Matthew Haley | Trustee/dire |
| James Connolly Jr | 2nd Vice Pre |
| Kristin Poulin | Co 1st Vicep |
| Lisa Egan | Co 1st Vicep |
| Lisa Proctor | Secretary |
| Deborah Pierce | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $282,241 |
| Salaries, Compensation, and Employee Benefits | $20,429 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Occupancy | $93,306 | - | - | $93,306 |
| Insurance | $26,351 | - | - | $26,351 |
| Other Salaries and Wages | $18,513 | - | - | $18,513 |
| Office Expenses | $6,534 | - | - | $6,534 |
| Depreciation Depletion | $3,096 | - | - | $3,096 |
| Fees for Services Accounting | $2,550 | - | - | $2,550 |
| Payroll Taxes | $1,916 | - | - | $1,916 |
| All Other Expenses | $1,617 | - | - | $1,617 |
| Fees for Services Other | $1,135 | - | - | $1,135 |
| Other Expenses | $923 | - | - | $923 |
| Total Functional Expenses | $302,670 | $0 | $0 | $302,670 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Unused Kitchen Committment | $446 |
| Gift Certificate Liability | $240 |
“No review was or will be conducted.”
“No documents available to the public”
“Oldtown country club was founded in 1903 by members of the dalton club of newburyport for the purposes of creating a summer recreational area on the banks of the parker river. Throughout the years, members have gathered together for social and recreational purposes including boating, swimming, dining, and tennis. Members serve on committees to work together for planning and implementation of social events for adults, families, and children. In addition, members serve on committees to maintain the physical structure of the club making it a working club as well as social. A dock is maintained on the parker river for members who are recreational boaters giving them access to their boats on moorings and at the town dock. Members and their guests then enjoy the parker river and plum island sound and surrounding areas. Recreational fishing is also popular among the members. A restaurant is maintained in the main clubhouse for members and their guests. Lunchs and dinners are served in an informal atmosphere. A children's room is also maintained in the clubhouse, where member's children may congregate to read, play games and socialize with other children. The inground pool is where member children learn to swim or where members and guests may cool off on a hot summer day. For many, this is the beginning of a lifelong love of swimming. The clay tennis courts are available for lessons and games for members. Children learn to play tennis throughout the summer. Men and women have games throughout the week.”
“All club programs and events are offered for the convenience, entertainment and recreation of the club members”
“Prior period adjustments 0”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 192957 |
| IRS990/PYInvestmentIncomeAmt | 0 | 35 |
| IRS990/PYOtherExpensesAmt | 0 | 294689 |
| IRS990/PYOtherRevenueAmt | 0 | 671 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 129614 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 6905 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 21683 |
| IRS990/PYTotalExpensesAmt | 0 | 316372 |
| IRS990/PYTotalRevenueAmt | 0 | 323277 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 27224 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 147978 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 125834 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 153058 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 76349 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 88989 |
| IRS990/ScheduleBRequiredInd | 0 | false |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 240 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | UNUSED KITCHEN COMMITTMENT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | GIFT CERTIFICATE LIABILITY |
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| IRS990/ScheduleORequiredInd | 0 | false |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OLDTOWN COUNTRY CLUB WAS FOUNDED IN 1903 BY MEMBERS OF THE DALTON CLUB OF NEWBURYPORT FOR THE PURPOSES OF CREATING A SUMMER RECREATIONAL AREA ON THE BANKS OF THE PARKER RIVER. THROUGHOUT THE YEARS, MEMBERS HAVE GATHERED TOGETHER FOR SOCIAL AND RECREATIONAL PURPOSES INCLUDING BOATING, SWIMMING, DINING, AND TENNIS. MEMBERS SERVE ON COMMITTEES TO WORK TOGETHER FOR PLANNING AND IMPLEMENTATION OF SOCIAL EVENTS FOR ADULTS, FAMILIES, AND CHILDREN. IN ADDITION, MEMBERS SERVE ON COMMITTEES TO MAINTAIN THE PHYSICAL STRUCTURE OF THE CLUB MAKING IT A WORKING CLUB AS WELL AS SOCIAL. A DOCK IS MAINTAINED ON THE PARKER RIVER FOR MEMBERS WHO ARE RECREATIONAL BOATERS GIVING THEM ACCESS TO THEIR BOATS ON MOORINGS AND AT THE TOWN DOCK. MEMBERS AND THEIR GUESTS THEN ENJOY THE PARKER RIVER AND PLUM ISLAND SOUND AND SURROUNDING AREAS. RECREATIONAL FISHING IS ALSO POPULAR AMONG THE MEMBERS. A RESTAURANT IS MAINTAINED IN THE MAIN CLUBHOUSE FOR MEMBERS AND THEIR GUESTS. LUNCHS AND DINNERS ARE SERVED IN AN INFORMAL ATMOSPHERE. A CHILDREN'S ROOM IS ALSO MAINTAINED IN THE CLUBHOUSE, WHERE MEMBER'S CHILDREN MAY CONGREGATE TO READ, PLAY GAMES AND SOCIALIZE WITH OTHER CHILDREN. THE INGROUND POOL IS WHERE MEMBER CHILDREN LEARN TO SWIM OR WHERE MEMBERS AND GUESTS MAY COOL OFF ON A HOT SUMMER DAY. FOR MANY, THIS IS THE BEGINNING OF A LIFELONG LOVE OF SWIMMING. THE CLAY TENNIS COURTS ARE AVAILABLE FOR LESSONS AND GAMES FOR MEMBERS. CHILDREN LEARN TO PLAY TENNIS THROUGHOUT THE SUMMER. MEN AND WOMEN HAVE GAMES THROUGHOUT THE WEEK. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ALL CLUB PROGRAMS AND EVENTS ARE OFFERED FOR THE CONVENIENCE, ENTERTAINMENT AND RECREATION OF THE CLUB MEMBERS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | NO REVIEW WAS OR WILL BE CONDUCTED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | NO DOCUMENTS AVAILABLE TO THE PUBLIC |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | PRIOR PERIOD ADJUSTMENTS 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XI, LINE 9 |
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| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
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| IRS990/TotalAssetsEOYAmt | 0 | 153840 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 153840 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
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| IRS990/TotalEmployeeCnt | 0 | 10 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 302670 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 302670 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 782 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 782 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 782 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 782 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 125834 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 153058 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 302670 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 302670 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 147978 |
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| IRS990/USAddress/AddressLine1Txt | 0 | 41 MAIN STREET |
| IRS990/USAddress/CityNm | 0 | BYFIELD |
| IRS990/USAddress/StateAbbreviationCd | 0 | MA |
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| IRS990/VotingMembersGoverningBodyCnt | 0 | 13 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WhistleblowerPolicyInd | 0 | false |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DEBORAH PIERCE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9782702124 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-03-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | OLDTOWN COUNTRY CLUB |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | OLDT |
| ReturnHeader/Filer/EIN | 0 | 042028288 |
| ReturnHeader/Filer/PhoneNum | 0 | 9782702124 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 25 MARSH AVENUE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEWBURY |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 01951 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 043537369 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MARY O'WILLIAMS CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 19 OLD ROWLEY RD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEWBURY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 01951 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9784659180 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-03-28 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MARY O'WILLIAMS |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2025-03-28T14:54:00-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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