Green Valley Country Club is located in Lafayette Hill, PA. The organization was established in 1945. 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 10/2021, Green Valley Country Club employed 123 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Green Valley 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 10/2021, Green Valley Country Club generated $4.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $4.1m during the year ending 10/2021. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 6 years. 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
A PRIVATE CLUB TO PROMOTE GOLF, TENNIS, SWIMMING AND SOCIALIZING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF
TENNIS
FOOD & BEVERAGE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Harry Ginther Coo, General Manager | Officer | 40 | $248,349 |
Matthew Hermann Greens Superintendent | 40 | $118,980 | |
Greg Marks President | Officer | 0 | $0 |
Jonathan Wolfe Vice President | Officer | 0 | $0 |
Stephen Moss Vice President | Officer | 0 | $0 |
Charles Kurtzman Vice President | Officer | 0 | $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 | $4,270,751 |
Investment income | $2,754 |
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 | -$401,011 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,125,787 |
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. | $248,349 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,302,428 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $81,534 |
Payroll taxes | $151,808 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $19,550 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $15,479 |
Information technology | $14,211 |
Royalties | $0 |
Occupancy | $235,584 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $146,402 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $597,973 |
Insurance | $104,267 |
All other expenses | $31,238 |
Total functional expenses | $4,148,134 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,268,330 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $513,720 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $69,263 |
Prepaid expenses and deferred charges | $178,959 |
Net Land, buildings, and equipment | $6,753,752 |
Investments—publicly traded securities | $26,085 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $170,449 |
Total assets | $9,980,558 |
Accounts payable and accrued expenses | $566,687 |
Grants payable | $0 |
Deferred revenue | $16,223 |
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 | $3,344,653 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $264,301 |
Total liabilities | $4,191,864 |
Net assets without donor restrictions | $5,788,694 |
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 | $9,980,558 |
Over the last fiscal year, we have identified 1 grants that Green Valley Country Club has recieved totaling $2,000.
Awarding Organization | Amount |
---|---|
Clayman Foundation Balacynwyd, PA PURPOSE: RECREATIONAL SERVICES FOR DISABLED | $2,000 |
Organization Name | Assets | Revenue |
---|---|---|
Canoe Brook Country Club Summit, NJ | $49,012,793 | $22,669,304 |
Delta Zeta National Housing Corporation Oxford, OH | $87,996,446 | $22,719,151 |
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 |
Columbia Country Club Chevy Chase, MD | $51,891,404 | $22,067,092 |
Piping Rock Club Locust Valley, NY | $31,334,038 | $17,059,500 |
Philadelphia Cricket Club Philadelphia, PA | $37,903,760 | $20,280,729 |
Rolling Rock Club Ligonier, PA | $40,965,761 | $18,300,601 |
Oak Hill Country Club Rochester, NY | $24,513,885 | $17,798,483 |
The Ridgewood Country Club Paramus, NJ | $31,275,344 | $17,956,980 |
Montclair Golf Club Montclair, NJ | $32,931,083 | $17,687,834 |