2026-07-24T10:14:42-05:00 2026-03-31 010494526 Baker Newman & Noyes 280 Fore Street Suite 500 Portland ME 04101 990 2025-04-01 010142660 Portland Country Club PORT 2077812340 11 Foreside Road Falmouth ME 04105 Arthur W Batson III President 2077812340 2026-07-23 1 Connor Smart P02285543 2078792100 2026-07-23 2025 2025-03-06 01:10:19Z Arthur W Batson III 11 Foreside Road Falmouth ME 04105 9937134 0 X www.portlandcountryclub.org X 1895 ME To promote the recreational and social activities of club members. 12 12 143 12 32035 32593 87500 7850 6121152 6412371 -6949 36213 506444 552324 6708147 7008758 0 0 0 0 2815471 2935557 0 0 0 2698765 2940772 5514236 5876329 1193911 1132429 19134147 20501531 4868487 5095219 14265660 15406312 To provide members with social and recreational opportunities. 0 0 Portland Country Club is organized for social purposes, the promotion and advancement of the game of golf and other athletic sports, and the maintenance of a clubhouse and grounds in the Town of Falmouth, County of Cumberland, State of Maine, for the use of the members of the Club and all others who may, from time to time, be admitted to its privileges. 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 24 0 1 143 1 1 1 0 0 0 0 984150 492036 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X Richard Serino 2077812340 11 Foreside Road Falmouth ME 04105 Eugene G Ardito Governor 1.00 X 0 0 0 Joseph Bruno Governor 1.00 X 0 0 0 Stephen P DeCastro Governor 1.00 X 0 0 0 Jay Flower Governor 1.00 X 0 0 0 Lisa R Gorman Governor 1.00 X 0 0 0 Catherine Honeycomb Governor 1.00 X 0 0 0 Jake O Jones Governor 1.00 X 0 0 0 Timothy M Longstaff Governor 1.00 X 0 0 0 Andrew Pires Governor 1.00 X 0 0 0 Arthur W Batson III President 1.00 X X 0 0 0 Jotham Pierce Treasurer 1.00 X X 0 0 0 Kristen G King Secretary 1.00 X X 0 0 0 James Gusella General Manager 40.00 X 279780 0 23875 Daniel Venezio Golf Pro 40.00 X 143410 0 11934 James Christie Golf Superintendent 40.00 X 141485 0 8088 Thomas A Dillman Head Rackets Pro 40.00 X 119091 0 9475 Kenneth MacDonald Executive Chef 40.00 X 111885 0 21314 795651 0 74686 5 0 1 0 Optimum Inc 91 Auburn Street 1030 Portland ME 04103 Construction 3197871 Reilly Green Mountain Platform Tennis 300 Boston Post Road Orange CT 06477 Construction 381561 New England Tennis Court PO Box 368 Moultonborough NH 03254 Construction 153150 Trimark United East PO Box 845377 Boston MA 02284 Construction 139445 Anderson Landscaping Inc 352 Memorial Highway North Yarmouth ME 04097 Landscaping 130405 5 7850 7850 Membership dues 713910 4932164 4932164 Admission fees 713910 407500 407500 Equipment rental fees 713910 405608 405608 Green fees 713910 400783 400783 Racket sports and pool 713910 230234 230234 36082 36082 6412371 34775 34775 13069 11631 1438 1438 1438 2892419 2916745 -24326 -21586 -2740 Capital improvement fee 713910 576650 576650 576650 7008758 6967435 32035 1438 303655 2042223 101900 334338 153441 4988 22000 251861 34272 136267 70443 949804 33798 9966 1023341 119707 Golf expenses 172524 Sports camp/pool 75738 UBI taxes 20199 Racket sport expenses 15864 5876329 10803 199916 4164407 2195341 289366 274968 307431 301518 211462 212359 29837247 12636863 14150678 17200384 117045 19134147 20501531 969049 742409 3899438 4352810 4868487 5095219 X 14265660 15406312 14265660 15406312 19134147 20501531 1132429 8223 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 95 95 0 Part II-B, Line 1: During the period covered by this tax return, the Portland Country Club was a member of the National Club Association. A portion of the dues paid to the Association may be available for lobbying activities conducted by the Association on behalf of its members. The Association estimates that approximately $95, or 2.5% of $3,800 in total dues paid by the Club, was available for lobbying activities during this reporting period. 131041 131041 25228132 10293277 14934855 4039024 2343586 1695438 439050 439050 17200384 X 9917792 8223 2902249 2910472 7007320 1438 1438 7008758 8777140 2902249 2902249 5874891 1438 1438 5876329 Part X, Line 2: Tax-exempt organizations could be required to record an obligation for income taxes as the result of a tax position they have historically taken on various tax exposure items including unrelated business income or tax status. Under guidance issued by the Financial Accounting Standards Board, assets and liabilities are established for uncertain tax positions taken or positions expected to be taken in income tax returns when such positions are judged to not meet the "more-likely-than-not" threshold, based upon the technical merits of the position. The Club has evaluated the positions taken on its filed tax returns. The Club has concluded no uncertain income tax positions exist at March 31, 2026. Part XI, Line 2d - Other Adjustments: Cost of goods sold, as net against revenues 2,902,249. Part XI, Line 4b - Other Adjustments: Gain on sale of equipment 1,438. Part XII, Line 2d - Other Adjustments: Cost of goods sold, as net against revenues 2,902,249. Part XII, Line 4b - Other Adjustments: Gain on sale of equipment 1,438. X X X 0 0 0 James Gusella General Manager 240659 0 38846 0 275 0 10277 0 13598 0 303655 0 0 0 Daniel Venezio Golf Pro 141018 0 2259 0 133 0 5946 0 5988 0 155344 0 0 0 Stephen DeCastro Board Member Mr. DeCastro served on the Club's Board of Governors during this tax year. Mr. DeCastro is also the CEO of Maine Community Bank. Over the course of the Club's, its members', its employees', and the Bank's normal operations it is possible that persons affiliated with the Club could engage in a transaction with the Bank. The Club is not aware of any specific transactions with Mr. DeCastro or the Bank that would impede Mr. DeCastro's independence. Accordingly, this relationship has been disclosed for transparency purposes and Mr. DeCastro is considered an independent board member on this Form 990. 0 Form 990, Part VI, Section A, line 6 Portland Country Club is a membership organization. Potential members are required to submit a proposal for membership and acceptance of their application is voted on by the Board of Governors. Each membership is comprised of a couple or an unmarried adult and their families. There are four types of memberships: Active Memberships, Social Memberships, House Memberships, and Pool & Tennis Memberships. Active and Social Memberships are entitled to one vote. All other members and their families are entitled to Club privileges as established in the rules promulgated by the Board of Governors. Form 990, Part VI, Section A, line 7a Members elect the Board of Governors each year at the annual meeting of the Club. The Board shall have the power to fill any vacancies on the Board or Club officer positions for the unexpired term. Form 990, Part VI, Section A, line 7b The Board shall not authorize the Treasurer to borrow for the use of the Club any sums exceeding in the aggregate one hundred thousand dollars ($100,000) in any one year without first obtaining the approval thereto from the annual or a special meeting of the Club membership. The organization's bylaws may only be amended by a two-thirds vote of the voting memberships present and voting, at any annual or special meeting of the Club. Form 990, Part VI, Section B, line 11b In accordance with the filing organization's financial accountability and transparency policy, the Form 990 and Form 990-T, as well as any required state or supplemental filings, are prepared by an outside independent accountant, then reviewed by the Club Manager, Controller, and Board Treasurer prior to filing with the IRS. Form 990, Part VI, Section B, line 12c Conflict of interest statements are signed annually by all officers and directors and retained on file by the Organization. Form 990, Part VI, Section B, line 15 Compensation comparability data for the Club Manager position is provided to the Board of Governors. The Board Chair recommends the compensation level for the position to the full Board for approval. While there are no additional officer or key employee positions per IRS definitions, a similar review process, including referencing comparability data, is performed by the Club Manager before determining annual compensation for employees in leadership and highly compensated positions. Form 990, Part VI, Section C, line 19 These documents are available upon request. Form 990, Part XII, Line 2c: The audit process has not changed from the prior year.