Coudersport Golf Club is located in Coudersport, PA. The organization was established in 1971. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Coudersport Golf Club employed 31 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coudersport 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 12/2023, Coudersport Golf Club generated $482.4k 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 $543.6k during the year ending 12/2023. While expenses have increased by 5.2% 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 THE PUBLIC WITH AN 18-HOLE SEMI-PRIVATE GOLF COURSE WITH BANQUET FACILITIES AND A FULLY STAFFED KITCHEN
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PUBLIC WITH AN 18-HOLE SEMI-PRIVATE GOLF COURSE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Updegraff Jr Secretary/treas | OfficerTrustee | 0 | $13,500 |
Joseph Marzo President | OfficerTrustee | 0 | $0 |
Dan Marzo Director | Trustee | 0 | $0 |
Barry Eppley Director | Trustee | 0 | $0 |
Joseph Karpinski Director | Trustee | 0 | $0 |
William Hau Vice President | OfficerTrustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $126,800 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $882 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $127,682 |
Total Program Service Revenue | $204,142 |
Investment income | $195 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $84,799 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $7,267 |
Net Income from Sales of Inventory | $54,765 |
Miscellaneous Revenue | $0 |
Total Revenue | $482,391 |
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. | $13,500 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $200,357 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $27,929 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,253 |
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 | $483 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $30,383 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $33 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $63,060 |
Insurance | $17,216 |
All other expenses | $63,849 |
Total functional expenses | $543,568 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $900 |
Savings and temporary cash investments | $121,708 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $20,258 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $583,346 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $27,414 |
Total assets | $753,626 |
Accounts payable and accrued expenses | $383 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $106 |
Total liabilities | $489 |
Net assets without donor restrictions | $753,137 |
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 | $753,626 |