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Annual Meeting 2026 Documents

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WORCESTER COUNTRY CLUB

2 RICE STREET, WORCESTER, MASSACHUSETTS 01606-1296

TEL: 508-853-8064 FAX: 508-852-3357

April 13, 2026

Dear Worcester Country Club Members:

As directed by the Bylaws, this is your notification of the WCC 2026 Annual Meeting. The meeting will take place at the Club on the third Monday in May, that is, May 18, 2026, at 6:00 pm. Only Active Members may vote but all members, including spouses, are welcome to attend.

The following items of information are included in this email notice:

1. President’s Letter

2. Nominating Committee’s proposed slate for the 2026-2027 year (on Ballot)

3. Absentee Ballot memorandum and ballot (Voting Active Members ONLY)

4. Treasurer’s Letter

5. Capital Budget (year ending February 28, 2027)

6. Operating Budget (year ending February 28, 2027)

7. Attendance card (please complete and return if you intend to attend the meeting)

For those unable to attend the meeting, an Absentee Ballot acknowledgment and ballot are included in this mailing. If using the Absentee Ballot, you may vote by any of the following methods:

Return signed, witnessed and dated ballot by US mail

OR

Send a copy of the signed ballot via email to secretary@worcestercc.org

OR

Fax a copy of the signed ballot to 508-852-3357

Other materials – The President’s report, committee reports, financial statements, listing of new and resigned members and a membership report will be posted to the Member section of the WCC website.

All materials are available in printed copy.

Please send requests to Patty Guiou at admin@worcestercc.org.

Sincerely,

WORCESTER COUNTRY CLUB

2 RICE STREET, WORCESTER, MASSACHUSETTS 01606-1296

TEL: 508-853-8064 FAX: 508-852-3357

Date: April 13, 2026

To: Any Voting Member of the Worcester Country Club

From: Robert Cotter, Club Secretary

Re: Absentee Ballot for the Annual Meeting of the Membership – May 18, 2026

Dear Member:

By completing the attached Absentee Ballot, you are acknowledging and notifying the Club in writing that you will not be able to attend the Annual Meeting at the Worcester Country Club in person. The meeting will be held at the Clubhouse on May 18, 2026 at 6:00pm.

An Absentee Ballot is enclosed.

The matter the Membership is voting on this year is the election of Treasurer, Secretary, and Board of Governors members.

The Nominating Committee’s recommendations are specified. No other nominations have been timely filed.

If it is your wish to have your vote cast at the Annual Meeting as designated on your Absentee Ballot, please take the following action:

• Fill out, sign, and date the enclosed Absentee Ballot

• Have your signature witnessed (spouse, friend, etc – notary not required)

• Return the Ballot to me as Club Secretary via US mail

OR

Send a copy of the signed ballot via email to secretary@worcestercc.org

OR

Fax a copy of the signed Ballot to 508-852-3357

I remind you that the Ballot must be received by noon, May 18th, 2026 in order to be validly recognized. If you find that you are able to be present and vote in person, the Ballot may be withdrawn by you at any time prior to the meeting.

Sincerely,

ANNUAL MEETING OF THE WORCESTER COUNTRY CLUB

MAY 18, 2026

The undersigned, having the right to vote at, but unable to attend the Annual Meeting of the Worcester Country Club to be held on May 18, 2026, 2 Rice Street, Worcester, Massachusetts 01606, directs Robert Cotter, Club Secretary, to cast the vote of the undersigned as designated in this Ballot at said Annual Meeting, or any adjournment thereof, as if the undersigned were personally present.

Election of Treasurer, Secretary, and Board of Governors members: In favor Opposed

For a term of one (1) year:

Treasurer: Peter Stevens

Secretary: Robert Cotter

For the Board of Governors for a term of three (3) years:

James Andreoli

Robert Donahue

C.B. Tuite

Taylor Fontaine

Date: By: Signature of Voting Active Member

Presidents Letter – Tom Brady

Dear Members of Worcester Country Club,

As we gather for our Annual Meeting, I would like to take a moment to reflect on the past year and express my sincere gratitude to the many individuals who contribute to the strength and success of Worcester Country Club.

First, I extend my deepest thanks to our Board of Governors for their leadership, thoughtful stewardship, and unwavering commitment to upholding the traditions and values that define our club. Their guidance continues to position Worcester Country Club for a strong and vibrant future.

I would also like to recognize our committee members, whose generosity of time and expertise plays a vital role in enhancing the member experience. Your efforts – often behind the scenes – help shape the programs, events, and overall atmosphere that make our Club so special.

To our outgoing Board members, Steve DeMartino, Greg Galeaz, Mark Herlihy and AJ Andreoli, thank you for your dedicated service. Your contributions have left a lasting mark on Worcester Country Club, and we are deeply appreciative of the care and energy you have given during your tenure. Likewise, Dave Gow warrants an enormous thank you for navigating the Club through the tail- end of Covid and the Hanse renovation as the Grounds Chair for the past five years. Great work Dave!

A very special thank you goes to our staff. Their professionalism, dedication, and genuine hospitality are the foundation of our daily experience at the Club. They consistently go above and beyond to ensure that every visit is memorable, and we are truly fortunate to have such an outstanding team representing Worcester Country Club. As we all know, a truly dedicated staff begins at the top and Troy Sprister epitomizes commitment to the club and every member experience.

Interest in Membership at Worcester Country Club has never been higher. New Members and Members looking to transfer into the Active category have kept the club’s Membership levels near capacity. Membership Director Lori Cook and the Membership Development Committee have strived to find ways to continually attract new members and now manage a waiting list to get in!

Golf rounds remain strong as there is a growing interest in the course after the completion of the Hanse plan. Adam Moore and is team keep the course in amazing shape and Andy Lane’s professional staff manage the high interest as to keep First tee access easily available. With Guest play increasing and over 90 club events throughout the year, these two gentlemen make it feel like you are playing in a Major every day. Their incorporation of the 100th anniversary of the 1925 US Open into our annual experience whets our anticipation as to what will come with the centennial of the 1927 Ryder Cup!

Our Food & Beverage operations at the club were very strong last year. Interest and participation in both our restaurants and banquets have kept the clubhouse full and the kitchen busy. Chef Craig Cobb and the kitchen crew continue to produce mouth-watering entrees with his subtle flair.

Finally, I would like to thank our entire membership for your continued support and engagement. Your pride in the Club, your participation, and your sense of community is what make Worcester Country Club such a remarkable place. Together, we honor our traditions while continuing to build a bright and exciting future.

Thank you all for being an integral part of Worcester Country Club.

Sincerely,

Treasurer Report- Peter Stevens

Dear Fellow Member,

Enclosed you will find a copy of the Club’s unaudited Statements of Financial Position and Statements of Activities for the years ended February 28, 2026 and 2025. The Club agreed again this year to an audit schedule with its auditors Bollus Lynch whereby the audited financial statements may not be completed prior to the Annual Meeting and as such the financials presented are not yet final and subject to adjustments. We hope to have a near final draft posted to the Club’s website for viewing prior to the meeting and you will be notified when the final audited statements are available.

FY 2026 was a good year for the club from an income perspective with total operating revenue up 6% to $8.25M as we continue to ride strong membership numbers. However, operating expenses were up 7.4% resulting in a reduction of our year-over-year net operating income from $87K in FY’25 to an operating loss of $24K. A note here about the accounting, on the accompanying statements, our auditors include interest expense on the “Hanse Plan” loan in operating expenses. If you take that out, our operating income for the year would be $64K, which is still down vs prior year and budget, but is at least in the black and meets the minimum goal we set for ourselves.

The club continues to feel inflationary pressures throughout our operations. This was most noticeable in our restaurant & beverage expenses, which rose by 12% on revenue growth of less than 9%. If you include HWH, pool and activities revenues and expenses with restaurant and beverage, the club experienced a net loss of $153K in our non-golf services. While clubs don’t generally expect to be profitable in these areas, our average loss for the previous 3 years was $46K, so FY’26 represented a significant decline in our non-golf economics that we will need to address/watch in the coming year.

Net income, which includes initiation fees, capital expense fees and depreciation expense, was $282K, down slightly vs last year’s $358K and from the budget, which was $317K. Still, this is a very healthy bottom line which allowed us to “over” invest in our capital spending at ~$1.2M this past year The club’s balance sheet remains fairly strong, though we still have $2.4M outstanding on the bank loan taken out in 2024 to finance the Hanse plan. On February 28, the Club had $2.1M in cash in its accounts, of which $795K is FY ’27 dues paid in advance. As such, the club’s true cash reserve at the start of the FY ’27 year is approximately $1.3M, same as it was at the start of the year.

The budget for FY ’27 projects a similar year for the club with Operating Income of $38K and Net Income of $235K. Combined with our strong cash position, this will allow us to continue to invest in capital projects, including the development of a master plan for the club with a yet to be determined 3rd party advisor.

I would like to thank Troy Sprister and Lynne Westerlind for all of their hard work and support during the past year. I would also like to thank Greg Galeaz and the members of the Finance Committee for the outstanding work they put in as well. Respectfully submitted,

Net Assets

Assets

Worcester Country Club Statements of Financial Position February 28, 2026 and 2025

Liabilities and Net Assets

Worcester Country Club Statements of Activities

Years Ended February 28, 2026 and 2025

Net Assets

Assets

Worcester Country Club Statements of Financial Position February 28, 2026 and 2025

Liabilities and Net Assets

2026 Annual Meeting Dinner

Monday, May 18, 2026 at 6:00pm

Complimentary Dinner Stations

Angus Prime Rib Carving Station

Selection of Seasonal Hot Chafing Dishes

Spring Salad Station

Miniature Dessert Station

All members, including spouse and significant others are welcome to attend.

I____ We____ will attend the meeting.

I ____ will not attend the meeting.

Member Name: ______________________

Member # __________

Return this Meal reservation to the club or Alternate RSVP admim@worcestercc.org or call (508) 853-8064

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