| Line | FY20 | FY21 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $9.5M | $9.5M | $9.5M | $15.7M | $17.5M | +84.7% |
| Expenses | $12.0M | $12.0M | $12.0M | $14.1M | $15.0M | +25.2% |
| Net surplus | -$2.5M | -$2.5M | -$2.5M | $1.6M | $2.5M | -196.7% |
| Total assets | $27.7M | $27.7M | $27.7M | $29.6M | $31.9M | +15.1% |
| Total liabilities | $14.9M | $14.9M | $14.9M | $10.8M | $10.6M | -28.7% |
| Net assets | $12.8M | $12.8M | $12.8M | $18.8M | $21.3M | +66.2% |
| Officer · Employee | Reportable | Other |
|---|---|---|
CHARLES RAUDENBUSH GENERAL MANAGER/DIR. OF GOLF· 40h/wk | $379,417 | $135,147 |
RICHARD CHRISTIAN Golf Course Superintendent· 40h/wk | $316,745 | $91,952 |
DAVID CLARK Head Golf Professional· 40h/wk | $197,060 | $48,702 |
JIM GILLESPIE IT Director· 40h/wk | $150,472 | $41,946 |
TODD BARON Caddie Master· 40h/wk | $137,980 | $38,234 |
PAUL BUNDICK Executive Chef· 40h/wk | $123,075 | $44,603 |
DAVID ANDERSON Controller· 40h/wk | $111,498 | $36,676 |
+ 6 unpaid officers/directors as reported (ANDREW J ARMSTRONG JR, BURKE F HAYES, JAMES C DAVIS, +3 more)
| Vendor | Service | Paid |
|---|---|---|
WELLNET HEALTHCARE ADMIN INC TREVOSE, PA | HEALTHCARE SVCS | $617,902 |
EP BUILDERS HADDONFIELD, NJ | CONSTRUCTION SVCS | $263,044 |
NORTHEAST MECHANICAL SERVICES INC WILLIAMSTOWN, NJ | HEATING & AC SVCS | $226,978 |
MCDONALD SONS INC JESSUP, MD | LANDSCAPING SVCS | $154,712 |
SYNERGI PARTNERS INC FLORENCE, SC | CONSULTING SVCS | $125,211 |
| Line item | Amount |
|---|---|
| DORMITORY RENTALS | $2,987,359 |
| GOLF FEES | $2,967,975 |
| SHUTTLE SERVICE | $288,334 |
| TOURNAMENT | $210,550 |
| CLUBHOUSE LOCKERS & ROOM FEES | $163,693 |
PFounded in 1936, Pine Valley Golf Club reported $17.48M of revenue for FY23, at an operating margin of 14.0%. Revenue moved up 11.3% 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.