We recommend the following allocation of resources: Annual debt service fees charged separately to members should equal the Debt Service. Vol. Prices go down the farther you get from town. Despite the high price tag, the club hasn't failed to attract its membership, most notably billionaire Bill Gates, who has reportedly been camped out at his property at the club since the news of his divorce broke. Today the mansions grand warmth recalls the splendor of those days while offering an event center with classic and casual dining options. How Much Does a Charles River Country Club Membership Cost? According to Boston Magazine , "You're . Historic Blairsden NJ Mansion For Sale At a Discount! The initiation fee is $5,000 and dues are $1,600 per year. All rights reserved. Finance and Operations, The Country Club at Brookline: History, membership, more - Golf Members play the course at a par of 72 and a playing distance of 6,657 yards, according to the clubs official website. In Boston, the average salary for a waitress at Charles River Country Club is $16. We can help you avoid the problems that time has exposed at other clubs. CHARLES RIVER COUNTRY CLUB INC NEWTON CENTRE, MA 02459-2905 | Tax-exempt since July 1943 EIN: 04-1169250 Nonprofit Tax Code Designation: 501 (c) (7) Defined as: Social and recreational. Club History. The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. Premium country clubs can charge as much as $500,000 or more, while others can only charge as little as $500. The long-term consequences of taking on debt will limit the flexibility of the club and future administrations for many years to come. Membership Please contact Matt Trevino at (830) 792-1143 for more information about memberships and initiation fees. [emailprotected], Copyright 2023. Over the years, Charles River has hosted many prestigious amateur and professional tournaments. Non-residents were charged only $20. The Top 25 Most Exclusive Golf And Country Clubs In The World - Forbes Jeans, cutoffs, and athletic shorts are not allowed on the golf course. In general, though, expect an average price between $700 and $25,000 for initial fees and then monthly rates on top of that, which will vary from around $70 all the way up to over $1,500 per month.