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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

GFLE501(c)(7) · MEDIUMNAICS 713910EIN 14-0696490

Glens Falls Country Club Inc

Queensbury, NY · founded 1943

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$5.01M

▲ 7.9% YoY

FY23 Total Expenses

$4.54M

▲ 7.7% YoY

Operating Margin

9.4%

revenue minus expenses ÷ revenue

Employees

113

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$5.0M

▲ 58.8% / 5y

Expenses

$4.5M

▲ 47.5% / 5y

Total Assets

$5.0M

▲ 71.9% / 5y

Total Liabilities

$857K

▲ 0.9% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$3.2M	$4.5M	$4.5M	$4.6M	$5.0M	+58.8%
Expenses	$3.1M	$3.8M	$3.8M	$4.2M	$4.5M	+47.5%
Net surplus	$80K	$684K	$684K	$430K	$472K	+492.1%
Total assets	$2.9M	$4.2M	$4.2M	$4.8M	$5.0M	+71.9%
Total liabilities	$850K	$892K	$892K	$1.1M	$857K	+0.9%
Net assets	$2.1M	$3.3M	$3.3M	$3.7M	$4.2M	+100.9%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
DARIN CRIPPEN GREEN SUPERINTENDENT· 40h/wk	$167,471	$11,230
CHRISTOPHER ROOP Board President· 10h/wk	$5,601	—
PAT CANAVAN Board Treasurer· 10h/wk	$2,735	—
JAMIE HAYES Board Member· 5h/wk	$634	—
DAVID ANDERSON Board Member· 5h/wk	$260	—

+ 10 unpaid officers/directors as reported (ERIC SCHWENKER, JACK BULLARD, KIM SEITZ, +7 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
Turco Golf Inc SUFFERN, NY	MAJOR COURSE WORK	$695,214

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBERSHIP DUES	$2,376,750
INITIATION FEES	$263,521
GOLF ASSESSMENT	$249,807
CAPITAL ASSESSMENT	$134,425

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

—

end of year

Net land, buildings & equipment

$2.9M

book value, net of depreciation

Facility age

68%

accumulated depreciation ÷ cost — higher = older plant

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX

Insurance	$75,966
Occupancy	$206,672
Depreciation & depletion	$324,646
Office expenses	$183,417
Legal fees	$2,334
Accounting fees	$41,740
Other professional fees	$32,851

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

GLENS FALLS COUNTRY CLUB, INC. PROFIT SHARING 401(K) PLAN

pension · 15 participants · $640K assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

GFounded in 1943, Glens Falls Country Club Inc reported $5.01M of revenue for FY23, at an operating margin of 9.4%. Revenue moved up 7.9% 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

▸ Form 990, FY2023 · period ending Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2021 · period ending Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

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