Old York Road Country Club is located in Spring House, PA. The organization was established in 1942. 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 03/2024, Old York Road Country Club employed 171 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Old York Road 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 03/2024, Old York Road Country Club generated $4.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $3.3m during the year ending 03/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SOCIAL ENJOYMENT THROUGH THE SPORT OF GOLF AND OTHER ATHLETIC ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTAURANT AND BAR ACTIVITIES
GOLF ACTIVITIES
OTHER ATHLETIC ACTIVITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Patricia Carbone Board Member | Trustee | 1 | $0 |
Brian Clark Board Member | Trustee | 1 | $0 |
Peter Ierardi Board Member | Trustee | 1 | $0 |
Brendan Clearkin Jr Board Member | Trustee | 1 | $0 |
Chrisopher Marolla Board Member | Trustee | 1 | $0 |
Angelo Miglorini Board Member | Trustee | 1 | $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 | $4,280,884 |
Investment income | $25,924 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $51,510 |
Net Gain/Loss on Asset Sales | $1,500 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$532,376 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,093,856 |
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. | $143,676 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $931,343 |
Pension plan accruals and contributions | $10,580 |
Other employee benefits | $56,032 |
Payroll taxes | $120,556 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $19,300 |
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 | $23,639 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $132,758 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $115,292 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $385,835 |
Insurance | $129,295 |
All other expenses | $155,576 |
Total functional expenses | $3,268,476 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,146,510 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,386,633 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $57,992 |
Prepaid expenses and deferred charges | $400,994 |
Net Land, buildings, and equipment | $4,978,013 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $296,490 |
Total assets | $9,266,632 |
Accounts payable and accrued expenses | $512,367 |
Grants payable | $0 |
Deferred revenue | $2,003,492 |
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 | $2,167,321 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $168,160 |
Total liabilities | $4,851,340 |
Net assets without donor restrictions | $4,415,292 |
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 | $9,266,632 |