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 12/2021, Century Country Club employed 119 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 12/2021, Century Country Club generated $12.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $12.7m during the year ending 12/2021. While expenses have increased by 3.4% per year over the past 7 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
2021
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 |
---|---|---|---|
Burton Ward General Manager | Officer | 40 | $397,515 |
Kevin Seibel Golf Course Superintendent | Officer | 40 | $282,375 |
Nelson C Long Golf Professional | 40 | $266,204 | |
Gerard Resnick Executive Chef | 40 | $242,754 | |
John Tieng Club House Manager | 40 | $164,701 | |
Lowell Moustakas Controller | 40 | $162,417 |
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 | $10,018,214 |
Investment income | $105,978 |
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 | $2,275,520 |
Miscellaneous Revenue | $0 |
Total Revenue | $12,673,818 |
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. | $784,319 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,236,855 |
Pension plan accruals and contributions | $193,536 |
Other employee benefits | $882,824 |
Payroll taxes | $446,168 |
Fees for services: Management | $0 |
Fees for services: Legal | $65,163 |
Fees for services: Accounting | $30,512 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $24,855 |
Advertising and promotion | $0 |
Office expenses | $173,532 |
Information technology | $10,390 |
Royalties | $0 |
Occupancy | $693,901 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $128,171 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $218,271 |
All other expenses | $385,717 |
Total functional expenses | $12,722,371 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $41,371 |
Savings and temporary cash investments | $2,619,239 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,403,616 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $116,327 |
Prepaid expenses and deferred charges | $159,187 |
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 | $1,832,734 |
Total assets | $11,895,125 |
Accounts payable and accrued expenses | $965,400 |
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 | $8,931,803 |
Total liabilities | $9,897,203 |
Net assets without donor restrictions | $1,997,922 |
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 | $11,895,125 |
Organization Name | Assets | Revenue |
---|---|---|
The Union League Of Philadelphia Philadelphia, PA | $166,421,963 | $49,124,019 |
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University Club New York, NY | $61,571,312 | $30,883,399 |
Baltusrol Golf Club Springfield, NJ | $73,541,672 | $26,510,520 |
Country Club Chestnut Hill, MA | $75,043,157 | $30,549,304 |
Winged Foot Golf Club Inc Mamaroneck, NY | $47,661,307 | $23,506,154 |
New York Yacht Club New York, NY | $54,553,348 | $22,663,268 |
Canoe Brook Country Club Summit, NJ | $49,012,793 | $22,669,304 |
Glen Oaks Club Inc Old Westbury, NY | $13,779,705 | $20,068,781 |
Saucon Valley Country Club Bethlehem, PA | $67,852,931 | $24,203,066 |
Sleepy Hollow Country Club Westchester Scarborough, NY | $36,824,085 | $23,136,850 |
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