CONC501(c)(7) · MEDIUMNAICS 713910EIN 23-0488310

Concord Country Club

West Chester, PA · founded 1948
13 filings on recordFY 20122024medium confidence
FY24 Total Revenue
$6.30M
▼ 10.7% YoY
FY24 Total Expenses
$5.24M
▲ 12.2% YoY
Operating Margin
16.7%
revenue minus expenses ÷ revenue
Employees
248
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$6.3M
▲ 72.3% / 5y
3.75.25.27.16.3
Expenses
$5.2M
▲ 38.0% / 5y
3.84.44.44.75.2
Total Assets
$15.2M
▲ 68.8% / 5y
9.011.911.914.315.2
Total Liabilities
$6.5M
▲ 28.0% / 5y
5.16.36.36.56.5

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$3.7M$5.2M$5.2M$7.1M$6.3M+72.3%
Expenses$3.8M$4.4M$4.4M$4.7M$5.2M+38.0%
Net surplus-$145K$816K$816K$2.4M$1.1M-828.3%
Total assets$9.0M$11.9M$11.9M$14.3M$15.2M+68.8%
Total liabilities$5.1M$6.3M$6.3M$6.5M$6.5M+28.0%
Net assets$4.0M$5.5M$5.5M$7.8M$8.7M+120.9%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther
THEODORE HENNES
GENERAL MANA· 40h/wk
$193,235
GREGORY D'ANTONIO
GC SUPT/FACI· 40h/wk
$189,006
LOUIS THOMPSON
ASST. GENERA· 40h/wk
$130,479

+ 11 unpaid officers/directors as reported (ANDREW BAILEY, ANDREW SOLARZ, BILL SOMMERS, +8 more)

Top contractors

FY24 · vendors paid $100k+ as reported
VendorServicePaid
PANCOAST CLIFFORD INCORPORAT
WEST CHESTER, PA
RENOVATIONS$2,496,939
MZM GOLF INC
KENNETT SQUARE, PA
GOLF PRO SHOP$534,274
GORDON FOOD SERVICE INC
CHICAGO, IL
FOOD$363,095
KPINTERFACE INC
LIMERICK, PA
IT SERVICES$122,260
GENESIS TURFGRASS INC
GLEN ROCK, PA
COURSE RENO$111,128

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
DUES, ASSESSMENT, INITIATION$5,187,810
CART FEES$496,582
GREENS FEES$260,255
GREENS FEES$150,502
TENNIS & SWIMMING FEES$144,810

CFounded in 1948, Concord Country Club reported $6.30M of revenue for FY24, at an operating margin of 16.7%. Revenue moved down 10.7% 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, FY2024 · period ending Wed Jan 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Tue Jan 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Jan 31 2022 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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