Fairlawn Country Club Company
- Assets
- $6.9m
- Revenue
- $7.7m
- Investments
- $0.0
- Employees
- 243
- Location
- Akron, OH
- Founding
- 03/1938
- Data as of
- 02/2022
- EIN
- 34-0212170
Organization Overview
Fairlawn Country Club Company is located in Akron, OH. The organization was established in 1938. 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 02/2022, Fairlawn Country Club Company employed 243 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairlawn Country Club Company is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 02/2022, Fairlawn Country Club Company generated $7.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $6.3m during the year ending 02/2022. While expenses have increased by 2.1% 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
PRIVATE SOCIAL ORGANIZATION PROVIDING ENTERTAINMENT, RECREATION, AND ENJOYMENT FOR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE SOCIAL ORGANIZATION PROVIDING ENTERTAINMENT, RECREATION, AND ENJOYMENT FOR MEMBERS, THEIR FAMILIES, AND GUESTS - MEMBER SERVICES WERE REDUCED IN FIRST QUARTER DUE TO COVID RESTRICTIONS REGARDING OCCUPANCY AND SOCIAL GATHERINGS
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 |
|---|---|---|---|
Thomas Elliot General Manager | Officer | 40 | $231,939 |
Mark Conner Grounds Superintendent | 40 | $119,357 | |
Chris Lawson Golf Professional | 40 | $107,145 | |
Yvette Feist Controller | Officer | 40 | $97,222 |
Chris Reuscher President | OfficerTrustee | 2 | $0 |
Jack Wright Vice President | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dan Marchetta Construction Inc Construction | 2/28/16 | $363,887 |
Fusion Golf Ltd Construction | 2/28/16 | $550,562 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,253,047 |
| 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 | $1,253,047 |
| Total Program Service Revenue | $4,873,356 |
| Investment income | $0 |
| 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 | $1,306,454 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,743,833 |
| 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. | $357,291 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,813,617 |
| Pension plan accruals and contributions | $10,731 |
| Other employee benefits | $211,742 |
| Payroll taxes | $274,843 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,720 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $114,188 |
| Advertising and promotion | $0 |
| Office expenses | $116,253 |
| Information technology | $111,099 |
| Royalties | $0 |
| Occupancy | $416,753 |
| Travel | $24,737 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $39,984 |
| Interest | $12,765 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $688,957 |
| Insurance | $87,353 |
| All other expenses | $414,437 |
| Total functional expenses | $6,308,784 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,552,795 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $70,281 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $105,930 |
| Prepaid expenses and deferred charges | $241,772 |
| Net Land, buildings, and equipment | $3,881,568 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,852,346 |
| Accounts payable and accrued expenses | $699,055 |
| 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 | $24,168 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $723,223 |
| Net assets without donor restrictions | $6,129,123 |
| 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 | $6,852,346 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fairlawn Country Club Company has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
F W Albrecht Family Foundation Akron, OH PURPOSE: GENERAL PURPOSES | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Zeta National Housing Corporation Oxford, OH | $87,996,446 | $22,719,151 |
Saucon Valley Country Club Bethlehem, PA | $67,852,931 | $24,203,066 |
Philadelphia Cricket Club Philadelphia, PA | $37,903,760 | $20,280,729 |
Rolling Rock Club Ligonier, PA | $40,965,761 | $18,300,601 |
Delta Zeta Nat'l Housing Co (group Return) Oxford, OH | $23,862,160 | $20,580,612 |
Alpha Chi Omega Fraternity Inc Indianapolis, IN | $29,119,055 | $16,507,869 |
Scioto Country Club Inc Columbus, OH | $33,295,673 | $14,482,821 |
Philadelphia Country Club Gladwyne, PA | $32,330,060 | $13,976,423 |
Kenwood Country Club Cincinnati, OH | $26,605,503 | $12,714,296 |
Merion Golf Club Ardmore, PA | $47,289,704 | $14,329,733 |
Merion Cricket Club Haverford, PA | $51,258,941 | $16,918,678 |
St Clair Country Club Upper St Clair, PA | $22,536,238 | $13,310,395 |