Rolling Green Golf Club
- Assets
- $9.1m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 141
- Location
- Springfield, PA
- Founding
- 07/1934
- Data as of
- 03/2022
- EIN
- 23-1028820
Organization Overview
Rolling Green Golf Club is located in Springfield, PA. The organization was established in 1934. 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, Rolling Green Golf Club employed 141 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rolling Green Golf 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, Rolling Green Golf Club generated $6.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $5.2m during the year ending 03/2022. While expenses have increased by 3.9% 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 JOIN MEMBERS TOGETHER FOR PURPOSES OF PARTICIPATION IN RECREATIONAL GOLF AND SOCIAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB PROVIDES GOLF FACILITIES TO APPROXIMATELY 600 MEMBERS AND A LIMITED NUMBER OF NON-MEMBER GUESTS AND NON-MEMBERS.
THE CLUB OPERATES CLUBHOUSE FACILITIES FOR USE BY MEMBERS-OPEN SIX DAYS A WEEK FOR ELEVEN MONTHS OUT OF THE YEAR.
THE CLUB OPERATES CLUBHOUSE DINING FACILITIES FOR USE BY MEMBERS AND A LIMITED NUMBER OF NON-MEMBER GUESTS AND NON-MEMBERS. OPEN SIX DAYS A WEEK FOR ELEVEN MONTHS OUT OF THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian D Chapin Gen'l Manager | 45 | $236,909 | |
Scott R Chisolm Golf Professional | 45 | $209,004 | |
Steven G Bigelow Greens Super. | 45 | $140,500 | |
Jeff Pelesh Treasurer | OfficerTrustee | 8 | $0 |
Mike Mcclatchy Secretary | OfficerTrustee | 4 | $0 |
Nick Verrecchio President | OfficerTrustee | 8 | $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 | $5,603,462 |
| Investment income | $364 |
| 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 | -$88,217 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,973,826 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,907,991 |
| Pension plan accruals and contributions | $57,842 |
| Other employee benefits | $148,392 |
| Payroll taxes | $276,875 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,054 |
| Fees for services: Accounting | $25,715 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,239 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $140,680 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $949,039 |
| Insurance | $104,365 |
| All other expenses | $1,222,359 |
| Total functional expenses | $5,203,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $218,102 |
| Savings and temporary cash investments | $998,419 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $59,742 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $637,599 |
| Prepaid expenses and deferred charges | $87,494 |
| Net Land, buildings, and equipment | $7,033,414 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,377 |
| Total assets | $9,053,147 |
| Accounts payable and accrued expenses | $757,186 |
| 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 | $3,528,680 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,285,866 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $201,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $13,764 |
| Retained earnings, endowment, accumulated income, or other funds | $4,552,517 |
| Total liabilities and net assets/fund balances | $9,053,147 |
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