Forest Hills Country Club
- Assets
- $17.1m
- Revenue
- $11.2m
- Investments
- $0.0
- Employees
- 339
- Location
- Chesterfield, MO
- Founding
- 03/1966
- Data as of
- 03/2024
- EIN
- 43-6035641
Organization Overview
Forest Hills Country Club is located in Chesterfield, MO. The organization was established in 1966. 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 03/2024, Forest Hills Country Club employed 339 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forest 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 03/2024, Forest Hills Country Club generated $11.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $10.5m during the year ending 03/2024. While expenses have increased by 3.4% 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL CLUB WHICH PROVIDES GOLF, RACQUETS, SWIMMING AND SOCIAL FACILITIES TO MEMBERS AND THEIR GUESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOREST HILLS COUNTRY CLUB IS A SOCIAL CLUB WHICH PROVIDES GOLFTENNIS, SWIMMING, AND SOCIAL FACILITIES TO MEMBERS AND THEIR GUESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Buescher Director | Trustee | 1 | $0 |
Mark Forst Director | Trustee | 2 | $0 |
David A Linenbroker Secretary | OfficerTrustee | 2 | $0 |
John Mazzola Director | Trustee | 1 | $0 |
Robert Whiting Director | Trustee | 1 | $0 |
Michael Flavin Director | Trustee | 1 | $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 | $8,848,703 |
| Investment income | $4,918 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $82,720 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,190,791 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,158,726 |
| 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. | $831,496 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,325,772 |
| Pension plan accruals and contributions | $36,591 |
| Other employee benefits | $364,800 |
| Payroll taxes | $425,711 |
| 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 | $266,304 |
| Advertising and promotion | $3,522 |
| Office expenses | $122,048 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $413,313 |
| Travel | $976 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $109,908 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,276,660 |
| Insurance | $232,685 |
| All other expenses | $929,339 |
| Total functional expenses | $10,502,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $95,303 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,112,686 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $427,613 |
| Prepaid expenses and deferred charges | $155,377 |
| Net Land, buildings, and equipment | $15,324,839 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,115,818 |
| Accounts payable and accrued expenses | $1,301,246 |
| 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 | $2,919,258 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,395,798 |
| Total liabilities | $5,616,302 |
| Net assets without donor restrictions | $11,499,516 |
| 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 | $17,115,818 |