Sycamore Creek Country Club
- Assets
- $3.6m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 129
- Location
- Springboro, OH
- Founding
- 10/1961
- Data as of
- 03/2022
- EIN
- 31-0617387
Organization Overview
Sycamore Creek Country Club is located in Springboro, OH. The organization was established in 1961. 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 03/2022, Sycamore Creek Country Club employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sycamore Creek 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 03/2022, Sycamore Creek Country Club generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $3.1m during the year ending 03/2022. While expenses have increased by 0.7% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SYCAMORE CREEK COUNTRY CLUB IS A PRIVATE MEMBER-OWNED GOLF CLUB ESTABLISHED FOR THE SOCIAL AND RECREATIONAL ENJOYMENT OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTAURANT SERVICE - PURPOSE TO PROVIDE A SOCIAL GATHERING PLACE FOR ALL MEMBERS OF THE CLUB - ONGOING ACTIVITY.
SWIMMING POOL AND TENNIS COURT - PURPOSE TO PROVIDE ATHLETIC AND RECREATIONAL FACILITY AS A GATHERING PLACE FOR BENEFIT OF ALL MEMBERS
GOLF COURSE - PURPOSE TO PROVIDE AN ON-GOING ATHLETIC AND RECREATIONAL FACILITY FOR THE USE AND BENEFIT OF PARTICIPATING MEMBERS
CLUBHOUSE - PURPOSE TO PROVIDE A COMMON AREA FOR MEMBERS IN CONNECTION WITH THE SOCIAL GATHERING FOR ACTIVITIES AND TO FACILITATE PROFESSIONAL AND SOCIAL AFFAIRS. SEE FIRST THROUGH THIRD EXEMPT PURPOSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Dunaway Treasurer | OfficerTrustee | $0 | |
Bill Hogan President | OfficerTrustee | $0 | |
Mark Mckinney Board Member | OfficerTrustee | $0 | |
Tom Regan Secretary | OfficerTrustee | $0 | |
Jerry Trimarco Vice Preside | OfficerTrustee | $0 | |
Bob Brasser Board Member | Trustee | $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 | $3,797,111 |
| Investment income | $441 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,874,999 |
| 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 | $1,350,091 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $100,026 |
| Payroll taxes | $140,282 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,307 |
| Office expenses | $11,928 |
| Information technology | $38,448 |
| Royalties | $0 |
| Occupancy | $117,549 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $110,155 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $209,897 |
| Insurance | $45,905 |
| All other expenses | $184,713 |
| Total functional expenses | $3,128,437 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $420,284 |
| Savings and temporary cash investments | $625,933 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $348,452 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $35,689 |
| Prepaid expenses and deferred charges | $155,462 |
| Net Land, buildings, and equipment | $1,989,787 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,544 |
| Total assets | $3,586,151 |
| Accounts payable and accrued expenses | $339,829 |
| Grants payable | $0 |
| Deferred revenue | $414,337 |
| 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 | $2,051,112 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,887 |
| Total liabilities | $2,813,165 |
| Net assets without donor restrictions | $677,517 |
| Net assets with donor restrictions | $95,469 |
| 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 | $3,586,151 |
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|---|---|---|
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Overbrook Golf Club Bryn Mawr, PA | $25,446,093 | $10,373,823 |
Academy Of Model Aeronautics Ama Muncie, IN | $14,826,959 | $9,207,922 |
American Philatelic Society Bellefonte, PA | $5,023,195 | $3,137,752 |
Lancaster Country Club Lancaster, PA | $38,766,757 | $8,916,109 |
Lakewood Country Club Company Westlake, OH | $13,232,237 | $7,948,852 |
Idle Hour Country Club Inc Lexington, KY | $13,827,877 | $6,560,806 |
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