Sylvania Country Club
- Assets
- $5.5m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 309
- Location
- Sylvania, OH
- Founding
- 05/1935
- Data as of
- 12/2023
- EIN
- 34-4370650
Organization Overview
Sylvania Country Club is located in Sylvania, OH. The organization was established in 1935. 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, Sylvania Country Club employed 309 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sylvania 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, Sylvania Country Club generated $4.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $3.7m during the year ending 12/2023. While expenses have increased by 5.1% 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
SOCIAL CLUB THAT PROVIDES RECREATIONAL AND SOCIAL ACTIVITIES FOR MEMBERS, INCLUDING A GOLF COURSE, SWIMMING POOL, TENNIS COURTS AND CLUBHOUSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF COUNTRY CLUB PROVIDING FOR RECREATIONAL AND SOCIAL ACTIVITIES FOR MEMBERS INCLUDING GOLF COURSE, SWIMMING POOL, TENNIS COURTS AND CLUBHOUSE.
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 |
|---|---|---|---|
James Creighton Employee | Officer | 0 | $150,217 |
Jeffery Levy Trustee | Trustee | 1 | $0 |
John Pierce Trustee | Trustee | 1 | $0 |
Ann Meier Trustee | Trustee | 1 | $0 |
Ashley Schade Trustee | Trustee | 1 | $0 |
Christopher Rosenthal Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $320,460 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,101 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $376,561 |
| Total Program Service Revenue | $3,671,736 |
| 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 | $147,680 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,346,689 |
| 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 | $1,670,191 |
| Pension plan accruals and contributions | $13,768 |
| Other employee benefits | $114,058 |
| Payroll taxes | $90,076 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,195 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $106,917 |
| Advertising and promotion | $0 |
| Office expenses | $31,114 |
| Information technology | $45,813 |
| Royalties | $0 |
| Occupancy | $185,340 |
| Travel | $9,718 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $199,423 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $365,517 |
| Insurance | $91,784 |
| All other expenses | $259,161 |
| Total functional expenses | $3,702,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,000 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $420,003 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $198,916 |
| Prepaid expenses and deferred charges | $12,653 |
| Net Land, buildings, and equipment | $4,825,077 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,458,649 |
| Accounts payable and accrued expenses | $543,473 |
| 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 | $1,384,637 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,975,656 |
| Total liabilities | $4,903,766 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $610,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $1,863,266 |
| Retained earnings, endowment, accumulated income, or other funds | -$1,918,383 |
| Total liabilities and net assets/fund balances | $5,458,649 |