Metropolis Country Club Inc
- Assets
- $20.2m
- Revenue
- $10.2m
- Investments
- $358.5k
- Employees
- 133
- Location
- White Plains, NY
- Founding
- 04/1935
- Data as of
- 12/2023
- EIN
- 13-1720947
Organization Overview
Metropolis Country Club Inc is located in White Plains, NY. The organization was established in 1935. 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, Metropolis Country Club Inc employed 133 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metropolis Country Club Inc 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, Metropolis Country Club Inc generated $10.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $11.2m during the year ending 12/2023. While expenses have increased by 4.9% 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 PROVIDE RECREATIONAL FACILITIES & TO PROMOTE AND STIMULATE SOCIAL INTERACTION & INTEREST IN OUTDOOR SPORTS. IT ALSO PROVIDES DINING FACILITIES FOR THE USE & ENJOYMENT OF MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAX EXEMPT CLUB ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Nathan President | OfficerTrustee | 3 | $0 |
Michael Dweck VP Of Finance | OfficerTrustee | 3 | $0 |
Larry Schwartz VP Of House | OfficerTrustee | 3 | $0 |
Andrew Goldman Treasurer | Trustee | 3 | $0 |
Amy Floyd Secretary | Trustee | 3 | $0 |
Marlene Bauman Board Member | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cwt Enterprises Golf Pro Shop | 12/30/23 | $475,901 |
Caddie Services Llc Caddie Services | 12/30/23 | $245,627 |
Tanto Irrigation Llc Irrigation | 12/30/23 | $1,715,870 |
The Turett Collaborative Construction | 12/30/23 | $194,195 |
Financial Statements
| 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 | $7,360,240 |
| Investment income | $26,633 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $500,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,328,205 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,215,078 |
| 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. | $707,007 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,784,141 |
| Pension plan accruals and contributions | $18,131 |
| Other employee benefits | $24,571 |
| Payroll taxes | $858,430 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $168,299 |
| Advertising and promotion | $0 |
| Office expenses | $513,728 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $475,815 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $623,121 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,452,064 |
| Insurance | $284,504 |
| All other expenses | $317,004 |
| Total functional expenses | $11,226,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $140,071 |
| Savings and temporary cash investments | $69,346 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $761,731 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $56,006 |
| Prepaid expenses and deferred charges | $212,976 |
| Net Land, buildings, and equipment | $16,957,912 |
| Investments—publicly traded securities | $1,611,283 |
| Investments—other securities | $358,508 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $20,167,833 |
| Accounts payable and accrued expenses | $718,540 |
| Grants payable | $0 |
| Deferred revenue | $1,623,501 |
| 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 | $7,936,991 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $41,384 |
| Total liabilities | $10,320,416 |
| Net assets without donor restrictions | $9,847,417 |
| 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 | $20,167,833 |