PHIL501(c)(7) · MEDIUMNAICS 713910EIN 23-0969350

Philadelphia Country Club

Gladwyne, PA · founded 1941
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$18.21M
▲ 21.9% YoY
FY23 Total Expenses
$16.50M
▲ 16.1% YoY
Operating Margin
9.4%
revenue minus expenses ÷ revenue
Employees
381
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$18.2M
▲ 48.2% / 5y
12.314.014.014.918.2
Expenses
$16.5M
▲ 35.0% / 5y
12.212.712.714.216.5
Total Assets
$36.3M
▲ 23.0% / 5y
29.532.332.333.036.3
Total Liabilities
$18.0M
▲ 14.5% / 5y
15.717.317.316.418.0

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$12.3M$14.0M$14.0M$14.9M$18.2M+48.2%
Expenses$12.2M$12.7M$12.7M$14.2M$16.5M+35.0%
Net surplus$65K$1.3M$1.3M$720K$1.7M+2509.5%
Total assets$29.5M$32.3M$32.3M$33.0M$36.3M+23.0%
Total liabilities$15.7M$17.3M$17.3M$16.4M$18.0M+14.5%
Net assets$13.8M$15.0M$15.0M$16.6M$18.3M+32.7%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JANINE BUDZIUS
General Manager· 40h/wk
$371,022
MICHAEL MCNULTY
GREENS SUPERINTENDANT· 40h/wk
$349,125
DAVID GILBERT
Executive Chef· 40h/wk
$265,860
CHRISTOPHER MULLIN
RACQUETS DIRECTOR· 40h/wk
$220,297
SCOTT REILLY
Head Golf Professional· 40h/wk
$218,019
MELISSA JOHNSON
CLUBHOUSE MANAGER· 40h/wk
$177,468

+ 14 unpaid officers/directors as reported (ANDREW MCCLOSKEY, BARTLETT A BASTIAN, CHARLES V CURLEY, +11 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$12,252,661
INITIATION FEES$2,282,910
GREENS, CART & RANGE F$1,102,703
LOCKERS, BAG STORAGE &$673,563
SQUASH, TENNIS, PADDLE$324,620

PFounded in 1941, Philadelphia Country Club reported $18.21M of revenue for FY23, at an operating margin of 9.4%. Revenue moved up 21.9% 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 Tue Oct 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Oct 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sun Oct 31 2021 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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