Longue Vue Club is located in Verona, PA. The organization was established in 1973. 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, Longue Vue Club employed 284 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Longue Vue 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, Longue Vue Club generated $9.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $9.1m during the year ending 03/2023. While expenses have increased by 5.9% per year over the past 8 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
SAID CORPORATION (LONGUE VUE CLUB) IS FORMED FOR THE PURPOSE OF ESTABLISHING AND MAINTAINING A CLUB TO PROVIDE ITS MEMBERS WITH A CLUBHOUSE, GROUNDS AND FACILITIES FOR, AND TO ENCOURAGE AND PROMOTE GOLF, TENNIS AND OTHER ATHLETIC SPORTS AND RECREATION AND SOCIAL ENJOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB IS A TRADITIONAL, FAMILY ORIENTATED CLUB THAT PROVIDES OUTSTANDING YEAR ROUND DINING AND SEASONAL ATHLETIC ACTIVITIES FOR ITS MEMBERS AND THEIR GUESTS THROUGH SUPERIOR SERVICES AND CLUB FACILITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew Burger President | OfficerTrustee | 1 | $0 |
William Fera III Vice Preside | OfficerTrustee | 1 | $0 |
Robin J Bernstein Treasurer | OfficerTrustee | 1 | $0 |
Rob Lovett Secretary | OfficerTrustee | 1 | $0 |
Jeffrey Baum Director | Trustee | 1 | $0 |
Justin Gottwald Director | OfficerTrustee | 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 | $6,993,680 |
Investment income | $74,746 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $2,645 |
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 | $1,948,375 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,040,101 |
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 | $4,257,798 |
Pension plan accruals and contributions | $68,214 |
Other employee benefits | $405,897 |
Payroll taxes | $491,962 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,870 |
Fees for services: Accounting | $15,650 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $95,836 |
Advertising and promotion | $653 |
Office expenses | $178,596 |
Information technology | $137,043 |
Royalties | $0 |
Occupancy | $689,942 |
Travel | $28,683 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $103,026 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,040,622 |
Insurance | $110,786 |
All other expenses | $292,898 |
Total functional expenses | $9,084,845 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $540,189 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,424,484 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $847,293 |
Prepaid expenses and deferred charges | $352,473 |
Net Land, buildings, and equipment | $7,815,707 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $721,417 |
Total assets | $11,701,563 |
Accounts payable and accrued expenses | $650,290 |
Grants payable | $0 |
Deferred revenue | $1,047,260 |
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 | $1,907,282 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,911,671 |
Total liabilities | $9,516,503 |
Net assets without donor restrictions | $1,782,276 |
Net assets with donor restrictions | $402,784 |
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 | $11,701,563 |