Spring Ford Country Club
- Assets
- $5.9m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 136
- Location
- Royersford, PA
- Founding
- 01/1942
- Data as of
- 03/2023
- EIN
- 23-1112160
Organization Overview
Spring Ford Country Club is located in Royersford, PA. The organization was established in 1942. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 03/2023, Spring Ford Country Club employed 136 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spring Ford 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 03/2023, Spring Ford Country Club generated $3.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $3.1m during the year ending 03/2023. 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 OPERATE A GOLF COURSE, RESTAURANT, BAR, AND SWIMMING POOL FOR THE BENEFIT OF CLUB MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A GOLF COURSE, RESTAURANT, BAR, AND SWIMMING POOL FOR THE BENEFIT OF THE CLUB MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Sterchak President | OfficerTrustee | 5 | $0 |
Kevin Koch Director | Trustee | 5 | $0 |
Michael Fedak Director | Trustee | 5 | $0 |
John Kroos 2nd Vice President | OfficerTrustee | 5 | $0 |
Mike Roynan 1st Vice President | OfficerTrustee | 5 | $0 |
Scott Kalish Secretary | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,679,432 |
| 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 | $2,679,432 |
| Total Program Service Revenue | $337,306 |
| Investment income | $1,338 |
| 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 | $316,109 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,415,577 |
| 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 | $1,242,891 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $83,375 |
| Payroll taxes | $112,185 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,313 |
| Advertising and promotion | $8,019 |
| Office expenses | $26,600 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $237,423 |
| Travel | $670 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,484 |
| Interest | $5,307 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $433,491 |
| Insurance | $83,762 |
| All other expenses | $97,269 |
| Total functional expenses | $3,096,161 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,250 |
| Savings and temporary cash investments | $1,149,685 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $406,867 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $185,288 |
| Prepaid expenses and deferred charges | $116,531 |
| Net Land, buildings, and equipment | $4,038,343 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,839 |
| Total assets | $5,927,803 |
| Accounts payable and accrued expenses | $345,978 |
| 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 | $17,219 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,961,864 |
| Total liabilities | $2,325,061 |
| Net assets without donor restrictions | $3,602,742 |
| 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 | $5,927,803 |