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Nonprofit · EIN 22-1084815

MADISON GOLF CLUB

Tax-exempt · MADISON, NJ 07940

Financials

$1.8M$1.3M2020$1.9M$1.6M2022$2M$1.7M2023
Revenue Expenses · by fiscal year end
Financials of MADISON GOLF CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
November 30, 2024990$2,039,539$1,653,563$385,976$3,508,328$491,345$3,016,983
November 30, 2023990$1,861,664$1,599,216$262,448$3,131,294$500,287$2,631,007
November 30, 2021990$1,777,617$1,324,304$453,313$2,611,798$750,671$1,861,127
Financial details: 990 for the year ended November 30, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,007,562
Investment income
$31,977
Net gain from sales of assets
$3,000
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$581,364
Salaries, compensation and benefits (total)
$637,574
Professional fundraising fees
$0
Legal fees
$33,530
Accounting fees
$5,477
Depreciation
$170,456
Program services (functional)
$71,799
Management and general (functional)
$1,581,764

Balance sheet and other

Total assets, start of year
$3,131,294
Total assets, end of year
$3,508,328
Total liabilities, end of year
$491,345
Net assets, end of year
$3,016,983
Land, buildings and equipment
$2,448,702
Net assets without donor restrictions
$3,016,983
Gross unrelated business income
$28,977
Gross receipts
$2,039,539
Employees
25
Year formed
1896
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended November 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
PETER BELTRAMETREASURER
Officer
5$0
GLENN GUTJHARVICE PRESIDE
Officer
5$0
FRANK MONFALCONEPRESIDENT
Officer
5$0
STEVE SHANNONSECRETARY
Officer
5$0
990 for the year ended November 30, 2023: 4 people
NameTitleHours / weekCompensation
LISA BAIRDPRESIDENT
Officer
5$0
PETER BELTRAMETREASURER
Officer
5$0
FRANK MONFALCONEVICE PRESIDE
Officer
5$0
STEVE SHANNONSECRETARY
Officer
5$0
990 for the year ended November 30, 2021: 4 people
NameTitleHours / weekCompensation
LISA BAIRDVICE PRESIDE
Officer
5$0
PETER BELTRAMETREASURER
Officer
5$0
STEVE SHANNONSECRETARY
Officer
5$0
DARREN TAPPPRESIDENT
Officer
5$0

Address and contacts

Address (IRS master file)
155 GREEN AVE, MADISON, NJ 07940-2511
In care of
% SECRETARY
Principal officer (990 for 2023)
FRANK MONFALCONE, 155 GREEN AVENUE, MADISON, NJ 07940
Signed the 990
FRANK MONFALCONE, PRESIDENT
Phone
(973) 377-5264
Return prepared by
ODELL & CRITCHLEY PC

Mission

GOLF CLUB MEMBERSHIPS

990 for the year ended November 30, 2024

Program accomplishments

  • NONE
  • NONE

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024November 30, 2025April 15, 2026Not on file
2023November 30, 2024April 15, 2025990 on file
2022November 30, 2023April 15, 2024990 on file

IRS record

EIN
22-1084815
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1985
Accounting year ends
November
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,508,328
Income (IRS master file)
$2,039,539

Filing history

FormYear endedRevenueExpensesAssetsReturn
990November 2024$2,039,539$1,653,563$3,508,328XML
990November 2023$1,861,664$1,599,216$3,131,294XML
990November 2022$1,975,909$1,468,477$3,070,472IRS
990November 2021$1,777,617$1,324,304$2,611,798XML
990November 2020–––IRS
990November 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-1084815).

Questions about MADISON GOLF CLUB

What is the EIN of MADISON GOLF CLUB?
The employer identification number (EIN) of MADISON GOLF CLUB is 22-1084815.
Is MADISON GOLF CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1985.
Are donations to MADISON GOLF CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MADISON GOLF CLUB file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MADISON GOLF CLUB due?
The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MADISON GOLF CLUB last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended November 2024.
Who is the principal officer of MADISON GOLF CLUB?
The 990 for the year ended November 30, 2024 names FRANK MONFALCONE.
Who are the officers and directors of MADISON GOLF CLUB?
The 990 for the year ended November 30, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does MADISON GOLF CLUB have?
On its 990 for the year ended November 30, 2024 it reported revenue of $2,039,539, expenses of $1,653,563 and total assets of $3,508,328 at year end.

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