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

Glens Falls Country Club Inc

Queensbury, NY · founded 1943
13 filings on recordFY 20112023medium confidence
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
3.24.54.54.65.0
Expenses
$4.5M
▲ 47.5% / 5y
3.13.83.84.24.5
Total Assets
$5.0M
▲ 71.9% / 5y
2.94.24.24.85.0
Total Liabilities
$857K
▲ 0.9% / 5y
8508928921.1857

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ 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 · EmployeeReportableOther
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
VendorServicePaid
TURCO GOLF INC
SUFFERN, NY
MAJOR COURSE WORK$695,214

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$2,376,750
INITIATION FEES$263,521
GOLF ASSESSMENT$249,807
CAPITAL ASSESSMENT$134,425

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)
+ 10 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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