Wykagyl Country Club Inc
- Assets
- $27.6m
- Revenue
- $13.4m
- Investments
- $0.0
- Employees
- 137
- Location
- New Rochelle, NY
- Founding
- 10/1941
- Data as of
- 12/2022
- EIN
- 13-1737897
Organization Overview
Wykagyl Country Club Inc is located in New Rochelle, NY. The organization was established in 1941. 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 12/2022, Wykagyl Country Club Inc employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wykagyl 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 12/2022, Wykagyl Country Club Inc generated $13.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $12.2m during the year ending 12/2022. While expenses have increased by 4.5% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE HEALTH AND PLEASURE FOR ITS MEMBERS. THE CLUB PROVIDES A CLUBHOUSE, GOLF COURSE, & OTHER SPORTS FACILITIES FOR THE USE & ENJOYMENT OF THE MEMBERS, FAMILY & FRIENDS.
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 |
|---|---|---|---|
Phil Moran President | OfficerTrustee | 3 | $0 |
Christopher Byrnes Vice President | OfficerTrustee | 3 | $0 |
Christopher Healy Secretary | OfficerTrustee | 3 | $0 |
Jeff Porphy Treasurer | OfficerTrustee | 3 | $0 |
Eric Berridge Governor | Trustee | 3 | $0 |
Wole Coaxum Governor | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Deigan Golf Inc Lessons And Merchandise Pass Through Fro | 12/30/22 | $1,542,122 |
Doug Proudian Innovative Pro Llc Lessons And Merchandise Pass Through Fro | 12/30/22 | $207,248 |
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 | $7,808,907 |
| Investment income | $19,004 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $364,680 |
| 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 | $5,092,734 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,419,452 |
| 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. | $692,004 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,210,457 |
| Pension plan accruals and contributions | $448,000 |
| Other employee benefits | $568,530 |
| Payroll taxes | $585,121 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,356 |
| Fees for services: Accounting | $4,143 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $259,294 |
| Advertising and promotion | $0 |
| Office expenses | $928,678 |
| Information technology | $16,311 |
| Royalties | $0 |
| Occupancy | $834,311 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,152 |
| Interest | $42,178 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,142,511 |
| Insurance | $246,264 |
| All other expenses | $183,567 |
| Total functional expenses | $12,209,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,523,002 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,106,243 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $131,931 |
| Prepaid expenses and deferred charges | $166,433 |
| Net Land, buildings, and equipment | $18,768,198 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $923,554 |
| Total assets | $27,619,361 |
| Accounts payable and accrued expenses | $1,170,305 |
| 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 | $3,125,836 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,296,141 |
| Net assets without donor restrictions | $23,323,220 |
| 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 | $27,619,361 |