Huntingdon Valley Country Club
- Assets
- $9.2m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 272
- Location
- Huntingdon Valley, PA
- Founding
- 10/1945
- Data as of
- 03/2022
- EIN
- 23-0718030
Organization Overview
Huntingdon Valley Country Club is located in Huntingdon Valley, 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 03/2022, Huntingdon Valley Country Club employed 272 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huntingdon 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 03/2022, Huntingdon Valley Country Club generated $7.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $6.5m during the year ending 03/2022. While expenses have increased by 1.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SOCIAL ACTIVITY AMONG THE CLUB'S MEMBERS, AND TO PROVIDE THE MEMBERS WITH FACILITIES FOR THE ENJOYMENT OF ALL THE CLUB'S ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTAURANT AND BAR
GOLF
RACQUETS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Troyanoski General Manager | Officer | 40 | $259,923 |
Scott Anderson Greens Superintendent | 40 | $175,830 | |
Thomas Schneider Chief Financial Officer | 40 | $135,063 | |
Robert Rowe Racquets Director | 40 | $127,976 | |
Ian R Dalzell Head Golf Professional | 40 | $100,985 | |
Douglas Gregor Vice President | Officer | 4 | $0 |
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 | $7,107,607 |
| Investment income | $1,750 |
| 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 | -$48,137 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,148,195 |
| 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. | $259,923 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,521,530 |
| Pension plan accruals and contributions | $24,619 |
| Other employee benefits | $204,543 |
| Payroll taxes | $276,823 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,435 |
| Fees for services: Accounting | $80,546 |
| 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 | $8,576 |
| Information technology | $29,498 |
| Royalties | $0 |
| Occupancy | $534,257 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $23,941 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $834,740 |
| Insurance | $242,302 |
| All other expenses | $338,305 |
| Total functional expenses | $6,456,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,793,410 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $357,600 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $94,307 |
| Prepaid expenses and deferred charges | $517,791 |
| Net Land, buildings, and equipment | $5,441,532 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,204,640 |
| Accounts payable and accrued expenses | $551,313 |
| Grants payable | $0 |
| Deferred revenue | $694,867 |
| 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 | $230,399 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,907,762 |
| Total liabilities | $3,384,341 |
| Net assets without donor restrictions | $5,820,299 |
| 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 | $9,204,640 |
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