Valley Club Inc
- Assets
- $38.3m
- Revenue
- $11.3m
- Investments
- $0.0
- Employees
- 194
- Location
- Sun Valley, ID
- Founding
- 01/1999
- Data as of
- 12/2021
- EIN
- 82-0488586
Organization Overview
Valley Club Inc is located in Sun Valley, ID. The organization was established in 1999. 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 12/2021, Valley Club Inc employed 194 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Valley Club Inc generated $11.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $9.0m during the year ending 12/2021. While expenses have increased by 4.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CLUB IS A MEMBER ORGANIZATION PROVIDING SOCIAL AND RECREATIONAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB PROVIDES SOCIAL AND RECREATIONAL PROGRAMS INCLUDING GOLF, TENNIS, SWIMMING, DINING, AND OTHER ACTIVITIES. MEMBERSHIP IS APPROXIMATELY 806.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Bevers General Manager | Officer | 40 | $249,793 |
Gerald Flaherty Director Of Agronomy | 40 | $173,756 | |
Jaime Sharp Head Golf Professional | 40 | $153,377 | |
Jennifer Bevers Controller | 40 | $140,000 | |
Brady Mcalister Employee | 40 | $103,433 | |
Travis Catanzaro Employee | 40 | $103,076 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Heritage Links Golf Course Construction/renovation | 12/30/19 | $2,088,219 |
Kearns Mcginnis And Vandenburg Inc Fitness Center Expansion | 12/30/19 | $230,200 |
Hydrocourt Usa Inc Court Construction | 12/30/19 | $120,877 |
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 | $10,774,741 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$181,302 |
| Net Gain/Loss on Asset Sales | -$21,309 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $718,781 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,290,911 |
| 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. | $716,926 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,775,299 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $336,889 |
| Payroll taxes | $398,077 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $31,981 |
| Fees for services: Accounting | $32,355 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,846 |
| Advertising and promotion | $67,860 |
| Office expenses | $131,337 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $593,390 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $34,496 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,372,050 |
| Insurance | $155,242 |
| All other expenses | $317,009 |
| Total functional expenses | $8,951,148 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $852,778 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $994,378 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $170,398 |
| Inventories for sale or use | $180,850 |
| Prepaid expenses and deferred charges | $25,350 |
| Net Land, buildings, and equipment | $36,086,103 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $38,309,857 |
| Accounts payable and accrued expenses | $1,255,184 |
| Grants payable | $0 |
| Deferred revenue | $1,346,536 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,601,720 |
| Net assets without donor restrictions | $0 |
| 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 | $35,708,137 |
| Total liabilities and net assets/fund balances | $38,309,857 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Valley Club Inc has recieved totaling $200.
| Awarding Organization | Amount |
|---|---|
Spencer F And Cleone P Eccles Family Foundation Salt Lake City, UT PURPOSE: SCHOLARSHIP FUND | $200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sand Point Country Club Inc Seattle, WA | $22,457,177 | $10,030,449 |
Montreux Golf & Country Club Inc Reno, NV | $29,596,657 | $7,133,879 |
Valley Club Inc Sun Valley, ID | $38,309,857 | $11,290,911 |
Spanish Trail Country Club Inc Las Vegas, NV | $2,730,919 | $7,892,933 |
Members Club At Aldarra Sammamish, WA | $18,786,180 | $5,716,279 |
Riverside Country Club Bozeman, MT | $8,302,161 | $5,529,708 |
Oakridge Country Club Farmington, UT | $10,174,613 | $4,729,078 |
Meridian Valley Country Club Inc Kent, WA | $8,643,385 | $5,751,943 |
Costco Wholesale Employee Club Issaquah, WA | $12,237,798 | $7,934,255 |
Somersett Country Club Inc Reno, NV | $5,761,260 | $4,445,592 |
Bend Golf & Country Club Bend, OR | $5,177,493 | $4,263,275 |
Samena Club Inc Bellevue, WA | $7,198,660 | $3,998,320 |