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The Lake George Club

Diamond Point, NY · EIN 140817670 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$4.2M
expenses
$2.8M
net assets
$3.9M
employees
120
program ratio
54%
mission · from form 990

Operation of a members-only social, sailing, swimming and tennis club.

profile · synthesized from sources

The Lake George Club is a private social and recreational club located in Diamond Point, New York, operating on Lake George. It provides members with access to sailing, swimming, tennis, and social activities. The organization functions as a membership-based facility serving its private community on the lake.

named programs · 4 · from sources

What they call their work

Sailing Program
Offers members access to sailing facilities and organized on-water activities on Lake George
Social Club Activities
Hosts member events, dining, and social gatherings at the club facility
Swimming Program
Provides members with access to designated swimming areas and waterfront amenities
Tennis Program
Operates tennis courts and organizes recreational and competitive play for members
activities · 9 groups

What they do

  • Recreational Boating and Sailing Programs 3 activities
    • Adult sailing program
      Offers an adult sailing program for members and their families, complementing youth instruction with recreational opportunities for adults.
    • Children's sailing instruction
      Offers progressive sailing instruction for children through Dinghy Demons (ages 6–7), Opti Beginner (ages 8–13), Opti Intermediate (ages 10–13), and FJ Advanced (ages 12–17) classes, covering foundational skills to competitive racing techniques and preparation for regattas.
    • Organization of regattas and swim events
      Organizes and hosts annual events including the Cheeseburger Regatta, the Diamond Island Swim, and the Long Island Swim to promote sailing and swimming participation among members.
  • Youth and Community Tennis Instruction 2 activities
    • Adult tennis instruction and programming
      Provides private tennis lessons, drop-in clinics for adults at various skill levels, and organized play events including Ladies Days and Men’s Day to support ongoing adult engagement in tennis.
    • Children's tennis instruction
      Offers tennis instruction for children through the QuickStart Tennis program (ages 4–7) using modified equipment, as well as beginner, intermediate, and advanced lessons focused on skill development, rally sustainability, and match-play readiness.
  • Private Social and Recreational Clubs 2 activities
    • Operate members-only club with social and recreational activities
      Provides a private club environment offering social events and recreational facilities including sailing, swimming, and tennis for members.
    • Operation and maintenance of private recreational facilities
      The Lake George Club operates and maintains a private clubhouse, docks, tennis courts, and a nine-hole golf course for members and their families. Facilities were constructed by May 1909 and have undergone periodic improvements, including the addition and resurfacing of tennis courts between 1983 and 1984.
  • Competitive and Learn-to-Swim Programs 1 activity
    • Children's swim instruction
      Provides swim instruction for children ages 3–5 with no prior experience, focusing on water comfort, floating, and foundational skills. Also offers beginner and intermediate swim classes emphasizing stroke development, water safety, endurance, and racing strategies.
  • Capital Infrastructure Funding 1 activity
    • Funding historic restoration and capital improvement projects
      The Lake George Club raises and distributes funds for historic restoration and capital improvements, including $169,000 distributed since November 2023 for projects such as the replacement of the Clubhouse front steps and installation of historically accurate replica roof spires.
  • Youth Sports Community Events 1 activity
    • Hosting of junior and family events
      Hosts weekly Junior Night events during the summer season, providing dinner and supervised activities for children, culminating in an end-of-season Junior Tournament and recognition at the Junior Sports Banquet.
  • Youth Sports and Recreation Programs at Private Clubs 1 activity
    • Junior Water Sports and Tennis Program administration
      The organization administers a seasonal Junior Water Sports and Tennis Program for children, offering priority registration to members' children and grandchildren. The program includes structured classes and supervised weekly events.
  • Reciprocal Club Access Program 1 activity
    • Reciprocal access for members of other clubs
      Allows reciprocal club members to visit The Lake George Club up to six times per season, facilitating inter-club engagement.
  • Country Club Golf Instruction and Facilities 1 activity
    • Tennis pro shop services
      Operates a pro shop that provides racquet restringing services and sells tennis-related inventory to members.
financials · form 990 · fy2024
revenue
Total revenue$4.17M
Contributions & grants$93K2%
Program service revenue$2.96M71%
Investment income$27K1%
Other revenue$1.08M
expenses
Total expenses$2.76M
Program expenses54%
Admin / overhead46%
Fundraising0%
Salaries & benefits$1.58M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$4.16M
Cash$1.29M
Investments$0
Liabilities$266K
Net assets$3.89M
Liquid reserves5.6 mo
4 years on record · 2020–2024 · YoY revenue +57.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
Tracey Gallagher General Manager 40 $169K
Desmond Smith Executive Chef 40 $110K
board members · 19
  • Bill Ryan — Director
  • Chris LaGuardia — Director
  • Derek Nolan — Assistant Treasurer
  • Dr Jim Schneider — Director
  • George Badcock — 2nd Vice President
  • Gregg Sherry — Director
  • Heather Ward — President
  • Jennifer Mabley Handler — Director
  • Joan Sullivan — Treasurer
  • Joe Favero — Vice President
  • John Lasalandra — Director
  • John Mason — Director
  • John Tarrant — Director
  • Kyle LaVoy — Director
  • Leah Menzies DeSantis — Secretary
  • Lisa Stromberg — Assistant Secretary
  • Martha Fishel — Director
  • Peter Maloy — Director
  • Tom West — Director
relationships · 8

Who they work with

  • Andy Partner — Tennis professional providing private lessons, court reservations, and pro shop services.
  • Chelsea Silver Partner — Jr. Program Chairperson responsible for coordinating schedule changes and program oversight
  • Lake George Club Historic Preservation Foundation Network — Separate 501(c)(3) organization that supports the Lake George Club by funding historic preservation projects.
  • Marion House Partner — Leased land from Marion House for use as part of the Club's golf course until 1942.
  • Pete Stec Partner — Waterfront Director overseeing the junior swimming program.
  • The Chazen Companies Partner — Conducted a reserve study of the Lake George Club facilities to assess condition and recommend repairs.
  • Tracey Gallagher Partner — General Manager involved in coordinating schedule adjustments for the Junior Program
  • accredited yacht club Partner — Accepts reciprocal visitation through accredited yacht clubs via letter of introduction.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Long-Term Facility Preservation Through Endowment and Reserve Planning
    methodology: endowment_model_for_preservation
    By funding preservation through an endowment and using reserve studies to guide maintenance scheduling, the Club ensures the longevity and functionality of historic facilities, because proactive financial and operational planning reduces future repair costs and sustains member value.
  • Member-Exclusive Experience to Sustain Engagement and Intergenerational Participation
    methodology: members-only_club
    By limiting access to recreational and social amenities to members and their guests, the Club fosters a sense of exclusivity and safety that encourages long-term engagement and family participation across generations, because perceived value and belonging are strengthened through controlled access and curated experience.
  • Youth Skill Development Through Scaffolded, Play-Based Learning
    methodology: scaffolded-youth-instruction
    By using age-appropriate, progressive instruction combined with games and competition, the Club builds confidence and competence in swimming, sailing, and tennis, because engagement and mastery are achieved through developmentally staged, experiential learning.