Century Country Club is located in Purchase, NY. The organization was established in 1946. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Century Country Club employed 144 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Century Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Century Country Club generated $15.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $13.8m during the year ending 12/2023. While expenses have increased by 5.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SOCIAL INTERCOURSE AMONG ITS MEMBERS, TO ENCOURAGE AND STIMULATE AN INTEREST IN OUTDOOR SPORTS, TO PROVIDE ITS MEMBER WITH THE CONVENIENCE OF A CLUBHOUSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAX EXEMPT CLUB ACTIVITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven C Guggnehiemer President | OfficerTrustee | 3 | $0 |
Jeanne Fogel Vice President | OfficerTrustee | 3 | $0 |
Kim Wagman Secretary | OfficerTrustee | 3 | $0 |
Lisa Mcgowan Treasurer | OfficerTrustee | 3 | $0 |
Adam J Comaora Board Member | Trustee | 3 | $0 |
Katie Danziger Board Member | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $12,513,833 |
Investment income | $41,890 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $2,750,647 |
Miscellaneous Revenue | $0 |
Total Revenue | $15,424,612 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $674,629 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,197,018 |
Pension plan accruals and contributions | $231,032 |
Other employee benefits | $1,038,910 |
Payroll taxes | $538,408 |
Fees for services: Management | $0 |
Fees for services: Legal | $25,726 |
Fees for services: Accounting | $35,549 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $106,609 |
Advertising and promotion | $0 |
Office expenses | $289,092 |
Information technology | $14,112 |
Royalties | $0 |
Occupancy | $720,932 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $181,126 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $294,858 |
All other expenses | $333,677 |
Total functional expenses | $13,836,794 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $41,371 |
Savings and temporary cash investments | $1,971,616 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,422,061 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $164,723 |
Prepaid expenses and deferred charges | $250,217 |
Net Land, buildings, and equipment | $5,722,651 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,705,631 |
Total assets | $11,278,270 |
Accounts payable and accrued expenses | $1,132,891 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $9,387,718 |
Total liabilities | $10,520,609 |
Net assets without donor restrictions | $757,661 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $11,278,270 |