CVHE501(c)(7) · MEDIUMNAICS 713910EIN 23-0958710
Chester Valley Golf Club
Malvern, PA · founded 1970
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$7.61M
▲ 11.8% YoY
FY23 Total Expenses
$5.39M
▼ 19.9% YoY
Operating Margin
29.2%
revenue minus expenses ÷ revenue
Employees
225
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$7.6M
▲ 67.8% / 5y
Expenses
$5.4M
▲ 16.1% / 5y
Total Assets
$12.1M
▲ 62.1% / 5y
Total Liabilities
$4.8M
▼ 7.4% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $4.5M | $4.2M | $6.9M | $6.8M | $7.6M | +67.8% |
| Expenses | $4.6M | $4.4M | $5.0M | $6.7M | $5.4M | +16.1% |
| Net surplus | -$107K | -$210K | $1.9M | $81K | $2.2M | -2183.9% |
| Total assets | $7.5M | $7.7M | $10.2M | $10.1M | $12.1M | +62.1% |
| Total liabilities | $5.2M | $5.3M | $5.4M | $5.0M | $4.8M | -7.4% |
| Net assets | $2.3M | $2.3M | $4.8M | $5.1M | $7.3M | +219.5% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
JORDAN POZNICK GENERAL MANAGER (BEG. 2/23)· 48h/wk | $169,543 | $3,775 |
DEREK MOHLER EMPLOYEE· 40h/wk | $142,087 | — |
KATHLEEN MCGARRY EMPLOYEE· 40h/wk | $138,983 | — |
HUGH MORAN EMPLOYEE· 40h/wk | $110,125 | $1,749 |
SAMUEL AMBROSE GOLF MANAGER· 48h/wk | $109,300 | $8,181 |
MICHAEL STABINSKI EMPLOYEE· 40h/wk | $106,823 | — |
+ 9 unpaid officers/directors as reported (CHAD ROSENBERG, CHRIS BURNS, EDWARD ELLIS, +6 more)
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 |
|---|---|
| MEMBERSHIP DUES AND ASSESSMENTS | $7,197,339 |
| GOLF & CART FEES | $701,396 |
| INITIATION FEES | $247,042 |
| POOL INCOME | $28,408 |
| RAQUET TOURNAMENT INCOME | $2,309 |
CFounded in 1970, Chester Valley Golf Club reported $7.61M of revenue for FY23, at an operating margin of 29.2%. Revenue moved up 11.8% 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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