KVEE501(c)(7) · MEDIUMNAICS 713910EIN 14-1319719
Keene Valley Country Club Inc
Lake Placid, NY · founded 1990
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$201k
▲ 9.0% YoY
FY23 Total Expenses
$172k
▼ 12.6% YoY
Operating Margin
14.7%
revenue minus expenses ÷ revenue
Employees
10
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$201K
▲ 75.5% / 5y
Expenses
$172K
▲ 54.9% / 5y
Total Assets
$606K
▲ 74.2% / 5y
Total Liabilities
$14K
▲ 1106.1% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $115K | $137K | $307K | $185K | $201K | +75.5% |
| Expenses | $111K | $108K | $136K | $197K | $172K | +54.9% |
| Net surplus | $4K | $29K | $172K | -$12K | $30K | +674.3% |
| Total assets | $348K | $367K | $563K | $522K | $606K | +74.2% |
| Total liabilities | $1K | $470 | $1K | $520 | $14K | +1106.1% |
| Net assets | — | — | $561K | $522K | $593K | +5.6% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 13 unpaid officers/directors as reported (Barbara Ayres, Chris Becker, Dusan Janak, +10 more)
All 13 listed officers reported $0 compensation — volunteer board.
Top contractors
FY23 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| Memberships and Guest | $142,367 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$422K
book value, net of depreciation
Facility age
43%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $10,153 |
| Occupancy | $14,585 |
| Depreciation & depletion | $26,373 |
| Office expenses | $7,229 |
| Accounting fees | $12,600 |
| Other professional fees | $14,550 |
KFounded in 1990, Keene Valley Country Club Inc reported $201k of revenue for FY23, at an operating margin of 14.7%. Revenue moved up 9.0% 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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