Whitford Country Club
- Assets
- $16.2m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 189
- Location
- Exton, PA
- Founding
- 01/1958
- Data as of
- 12/2023
- EIN
- 23-1497839
Organization Overview
Whitford Country Club is located in Exton, PA. The organization was established in 1958. 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 12/2023, Whitford Country Club employed 189 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Whitford 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 12/2023, Whitford Country Club generated $5.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $5.7m during the year ending 12/2023. While expenses have increased by 2.8% per year over the past 9 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 PROVIDE A HIGH VALUE COUNTRY CLUB EXPERIENCE FOR CURRENT AND FUTURE MEMBERS, BUILT ON A MULTI-SPORT, FAMILY ORIENTATION, RESULTING IN WHITFORD BEING THE CLUB OF CHOICE IN CHESTER COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTAURANT AND BAR
GOLF
SWIMMING, TENNIS AND PADDLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Parker Board Member | Trustee | 1 | $0 |
Carmen Mulhern Board Member | Trustee | 1 | $0 |
Matthew Weist Board Member | Trustee | 1 | $0 |
Bruce Cowgill Board Member | Trustee | 1 | $0 |
James Baker Board Member | Trustee | 1 | $0 |
Andrew Addy Board Member | Trustee | 1 | $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 | $5,758,788 |
| Investment income | $62,836 |
| 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 | -$36,026 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,846,849 |
| 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 | $1,808,024 |
| Pension plan accruals and contributions | $13,001 |
| Other employee benefits | $178,829 |
| Payroll taxes | $170,453 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,100 |
| Fees for services: Accounting | $18,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,612 |
| Advertising and promotion | $0 |
| Office expenses | $32,985 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $371,177 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,652 |
| Interest | $345,612 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,143,616 |
| Insurance | $132,579 |
| All other expenses | $239,845 |
| Total functional expenses | $5,690,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,014,642 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $854,932 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $104,343 |
| Prepaid expenses and deferred charges | $222,025 |
| Net Land, buildings, and equipment | $13,053,038 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,248,980 |
| Accounts payable and accrued expenses | $352,266 |
| Grants payable | $0 |
| Deferred revenue | $15,600 |
| 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 | $9,032,610 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,400,476 |
| Net assets without donor restrictions | $6,848,504 |
| 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 | $16,248,980 |