Tedesco Country Club

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 041895530 ✦ Marblehead, MA ✦ Designated as a 501(c)(7)

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Overview

What is Tedesco Country Club?

Tedesco Country Club is a prestigious private golf club, renowned for its rich history and promising future. Established with the primary intent of offering its members a delightful social and recreational experience, the club boasts an exceptional golf course. The members of Tedesco Country Club enjoy a warm and friendly atmosphere, fostered by a culture of camaraderie and geniality. In simple terms, the club exists to provide its members with an engaging and enjoyable leisure experience on its golf course.


Official website here: www.tedescocc.org

Is Tedesco Country Club legitimate?

Tedesco Country Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Tedesco Country Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $431,743
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,799,323

For more financial information, click here


Official website here: www.tedescocc.org

What is the mission statement of Tedesco Country Club?

Tedesco Country Club's mission is centered around operating as a private club, aiming to provide its members with social and recreational benefits. The club offers an exceptional golf course and fosters a culture of camaraderie and friendliness among its members. Its primary goal is to cater to the leisure and social needs of its members, ensuring a pleasant and enjoyable club experience.


Official website here: www.tedescocc.org

Who is the CEO of Tedesco Country Club?

Frank Sweeney is the Treasurer of Tedesco Country Club.


Official website here: www.tedescocc.org

What is the revenue of Tedesco Country Club?

Tedesco Country Club's revenue in 2022 was $8,246,291.


Official website here: www.tedescocc.org

Who are the executives of Tedesco Country Club and what are their salaries?

There 9 volunteers at Tedesco Country Club.


Here are 13 key members and their salaries:


James Mccathern (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Greenough (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Sweeney (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Powell (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph James (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Tyrrell (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Filosa (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Colantuno (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Steadman (Governor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Mcgillicuddy (General Manager)
  • Compensation: $230,000
  • Related: $0
  • Other: $29,933
Peter Hasak (Golf Course Superintendent)
  • Compensation: $155,000
  • Related: $0
  • Other: $16,810
David Tollerud (Chef)
  • Compensation: $105,000
  • Related: $0
  • Other: $0
Ryan Train (Golf Pro)
  • Compensation: $113,195
  • Related: $0
  • Other: $11,234


Official website here: www.tedescocc.org

Where can I find the form 990 for Tedesco Country Club?

Tedesco Country Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tedescocc.org

Learn more at the official website: www.tedescocc.org

Mission Statement of Tedesco Country Club

Tedesco Country Club, a renowned private institution, is dedicated to serving its members by operating as a social and recreational haven. Their mission is to provide an environment that fosters camaraderie and congeniality, ensuring that their members derive significant benefits from their membership. The club's primary focus is on offering an exceptional golf course, which is a key component of their mission to cater to their members' leisure activities and social needs.

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Impact




October, 2024

Tedesco Country Club plays a significant role in fostering community and camaraderie among its members in Marblehead, MA. By providing an exceptional golf course and a welcoming atmosphere, it enhances the social and recreational experiences of its members, contributing to their overall well-being. The club's rich history reinforces a sense of tradition and belonging, while its commitment to an inclusive environment encourages social interaction and engagement among diverse individuals. Tedesco Country Club not only offers recreational opportunities but also strengthens community ties through shared interests and activities, making it a valuable asset to its members and the Marblehead area.




This information is meant to be a general summary of Tedesco Country Club. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$8,246,291 (2022)
Expenses
$7,417,328 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,275
  • Program Service Revenue: $5,488,174
  • Gross Receipts: $9,378,740

Assets and Liabilities:

  • Total Assets: $21,432,776
  • Total Liabilities: $6,726,431
  • Net Assets: $14,706,345

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$4,021,579

INITIATION FEES

Revenue

$781,426

CAPITAL ASSESSMENT

Revenue

$685,169

Organization Details

Founding Year

1903

Principal Officer

Frank Sweeney

Main Address

154 TEDESCO STREET, MARBLEHEAD, MA, 01945

NTEE Category

Code: N50 - Recreation

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