Bloomfield Hills Country Club
- Assets
- $17.6m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 169
- Location
- Bloomfield Hills, MI
- Founding
- 05/1937
- Data as of
- 08/2023
- EIN
- 38-0356290
Organization Overview
Bloomfield Hills Country Club is located in Bloomfield Hills, MI. The organization was established in 1937. 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 08/2023, Bloomfield Hills Country Club employed 169 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bloomfield Hills 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 08/2023, Bloomfield Hills Country Club generated $6.6m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $5.1m during the year ending 08/2023. 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
OPERATE FOR THE BENEFIT OF THE MEMBERSHIP
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John B Quay President | Trustee | 5 | $0 |
Peter V Chelovich Vice President | Trustee | 5 | $0 |
J Geoff Piceu Treasurer | Trustee | 5 | $0 |
David W Fisher Secretary | Trustee | 5 | $0 |
Robert J Schott Director | Trustee | 5 | $0 |
Johnathon H Anderson Director | Trustee | 5 | $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 | $6,937,000 |
| Investment income | $4,807 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,334 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$311,775 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,639,511 |
| 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 | $1,827,604 |
| Pension plan accruals and contributions | $70,986 |
| Other employee benefits | $255,144 |
| Payroll taxes | $193,159 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $47,267 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $19,708 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,806 |
| Interest | $14,712 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $715,848 |
| Insurance | $109,831 |
| All other expenses | $559,744 |
| Total functional expenses | $5,086,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $166,753 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,213,266 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $70,000 |
| Inventories for sale or use | $535,251 |
| Prepaid expenses and deferred charges | $293,038 |
| Net Land, buildings, and equipment | $15,116,865 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $216,951 |
| Total assets | $17,612,124 |
| Accounts payable and accrued expenses | $547,500 |
| Grants payable | $0 |
| Deferred revenue | $475,966 |
| 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 | $459,324 |
| Unsecured mortgages and notes payable | $233,100 |
| Other liabilities | $0 |
| Total liabilities | $1,715,890 |
| Net assets without donor restrictions | $15,896,234 |
| 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 | $17,612,124 |