Is Lake Mohawk Golf Club Legit?

Lake Mohawk Golf Club, despite being a social club, files as a 501(c)(7) nonprofit. Its financial health appears stable, with revenues generally exceeding expenses in recent years. For instance, in 2023, revenue was $2,597,784 against expenses of $2,483,756, indicating a surplus. The organization consistently reports zero officer compensation, which is a positive sign for a member-based club, suggesting that leadership is volunteer-driven or compensated through other means not classified as officer compensation on the 990. However, without a clear NTEE code or detailed program service accomplishments, it's challenging to assess its 'program' spending efficiency in a traditional nonprofit sense, as its primary function is to provide recreational facilities to its members. The club's assets have shown a gradual increase over the past few years, from $3,586,819 in 2020 to $4,135,707 in 2023, while liabilities have remained relatively high, often exceeding assets in earlier years but showing a more balanced trend recently. The consistent filing of IRS Form 990 demonstrates a commitment to regulatory transparency, even if the nature of its 'charitable' activities is distinct from public charities. The lack of reported officer compensation further enhances its transparency profile regarding executive pay.