DOYL501(c)(7) · MEDIUMNAICS 713910EIN 23-0535085

Doylestown Country Club

Doylestown, PA · founded 1958
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$5.44M
▼ 7.4% YoY
FY23 Total Expenses
$5.10M
▲ 10.1% YoY
Operating Margin
6.2%
revenue minus expenses ÷ revenue
Employees
227
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$5.4M
▲ 29.0% / 5y
4.25.85.85.95.4
Expenses
$5.1M
▲ 23.1% / 5y
4.14.34.34.65.1
Total Assets
$13.3M
▲ 91.9% / 5y
6.97.47.412.913.3
Total Liabilities
$7.4M
▲ 60.1% / 5y
4.63.13.17.47.4

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$4.2M$5.8M$5.8M$5.9M$5.4M+29.0%
Expenses$4.1M$4.3M$4.3M$4.6M$5.1M+23.1%
Net surplus$71K$1.6M$1.6M$1.2M$338K+374.5%
Total assets$6.9M$7.4M$7.4M$12.9M$13.3M+91.9%
Total liabilities$4.6M$3.1M$3.1M$7.4M$7.4M+60.1%
Net assets$2.3M$4.3M$4.3M$5.5M$5.9M+155.9%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
GREG MARSALA
Golf Course Superintendent· 40h/wk
$145,157
WILL QUINN
Executive Chef· 40h/wk
$127,523
JAMIE HOCH
CLUBHOUSE MANAGER· 40h/wk
$123,109
PATRICK SHINE
Head Golf Professional· 40h/wk
$107,130

+ 11 unpaid officers/directors as reported (CHRIS MOSHER, GEYLE STOTT, JAMES NEUMANN, +8 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES & ASSE$5,178,383
GREENS, CART, RANGE IN$651,191
INITIATION FEES$394,375
GOLF$247,281
POOL FEES$11,593

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$4.6M
$379K paid down
Net land, buildings & equipment
$11.0M
book value, net of depreciation
Facility age
53%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$1.2M$2.5M$3.7M$5.0MFY20 · $813KFY20FY21 · $813KFY21FY22 · $5.0MFY22FY23 · $4.6MFY23

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

Professionally managedFY23 · Form 990, Part IX
Management fees$400
Insurance$124,086
Occupancy$254,668
Depreciation & depletion$587,444
Office expenses$59,371
Legal fees$1,050
Accounting fees$22,762

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
DOYLESTOWN COUNTRY CLUB 401K PLAN
pension · 83 participants · $1.5M 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.

DFounded in 1958, Doylestown Country Club reported $5.44M of revenue for FY23, at an operating margin of 6.2%. Revenue moved down 7.4% 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
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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