REDD501(c)(7) · MEDIUMNAICS 713910EIN 06-0890286
Redding Country Club Inc
Redding, CT · founded 1977
10 filings on recordFY 2011–2020medium confidence
Compare to peers →FY20 Total Revenue
$2.13M
▼ 53.0% YoY
FY20 Total Expenses
$5.04M
▲ 16.2% YoY
Operating Margin
-136.0%
revenue minus expenses ÷ revenue
Employees
170
headcount as reported on filing
The Five-Year Picture
FY2016 — FY2020 · as filed
Revenue
$2.1M
▼ 52.3% / 5y
Expenses
$5.0M
▲ 10.9% / 5y
Total Assets
$0
▼ 100.0% / 5y
Total Liabilities
$0
▼ 100.0% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY16 | FY17 | FY18 | FY19 | FY20 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $4.5M | $4.1M | $4.0M | $4.5M | $2.1M | -52.3% |
| Expenses | $4.5M | $4.5M | $4.4M | $4.3M | $5.0M | +10.9% |
| Net surplus | -$68K | -$457K | -$376K | $205K | -$2.9M | +4147.0% |
| Total assets | $8.8M | $8.1M | $7.3M | $7.0M | $0 | -100.0% |
| Total liabilities | $5.0M | $4.8M | $4.4M | $4.1M | $0 | -100.0% |
| Net assets | $3.8M | $3.3M | $2.9M | $3.0M | $0 | -100.0% |
Officer & staff compensation
FY20 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
TIM SEIFERT General Manager· 60h/wk | $36,023 | — |
+ 7 unpaid officers/directors as reported (BILL ALLEN, GLENN FARRELL, MATT LUGAR, +4 more)
Top contractors
FY20 · vendors paid $100k+ as reported
| Vendor | Service | Paid |
|---|---|---|
| Redding Country Club Golf Shop WEST REDDING, CT | Management services | $268,765 |
Revenue by activity
FY20 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBER'S DUES | $1,287,262 |
| INITIATION FEES | $523,695 |
| CAPITAL ASSESSMENTS | $152,933 |
Balance sheet & capital
FY20 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$0
book value, net of depreciation
Facility age
—
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY20 · Form 990, Part IX
| Insurance | $44,138 |
| Occupancy | $106,218 |
| Depreciation & depletion | $79,931 |
| Information technology | $13,049 |
| Office expenses | $72,495 |
| Accounting fees | $34,094 |
| Other professional fees | $3,067 |
RFounded in 1977, Redding Country Club Inc reported $2.13M of revenue for FY20, at an operating margin of -136.0%. Revenue moved down 53.0% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.
Source documents
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