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 03/2023, Rolling Green Golf Club employed 143 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 03/2023, Rolling Green Golf Club generated $6.3m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $5.6m during the year ending 03/2023. While expenses have increased by 6.3% per year over the past 3 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
2023
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ira Thal Director | Trustee | 1 | $0 |
Rocky Fizzano Director | Trustee | 1 | $0 |
Blake Walinsky Director | Trustee | 1 | $0 |
Will Nichols Director | Trustee | 1 | $0 |
Chris Davis Director | Trustee | 1 | $0 |
Michael Jordan Director | 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 | $6,344,471 |
Investment income | $5,420 |
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 | -$2,626 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,347,361 |
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 | $2,018,416 |
Pension plan accruals and contributions | $60,086 |
Other employee benefits | $162,019 |
Payroll taxes | $311,354 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $33,836 |
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 | $139,017 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $992,537 |
Insurance | $103,552 |
All other expenses | $1,437,755 |
Total functional expenses | $5,569,302 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $121,860 |
Savings and temporary cash investments | $550,583 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $197,616 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $828,131 |
Prepaid expenses and deferred charges | $55,531 |
Net Land, buildings, and equipment | $7,712,464 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $67,669 |
Total assets | $9,533,854 |
Accounts payable and accrued expenses | $762,376 |
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 | $3,173,171 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $52,967 |
Total liabilities | $3,988,514 |
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 | $5,330,576 |
Total liabilities and net assets/fund balances | $9,533,854 |