IVND501(c)(7) · MEDIUMNAICS 713910EIN 23-1424809

Indian Valley Country Club

Telford, PA · founded 1962
14 filings on recordFY 20102023medium confidence
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FY23 Total Revenue
$7.64M
▲ 19.7% YoY
FY23 Total Expenses
$6.93M
▲ 12.3% YoY
Operating Margin
9.3%
revenue minus expenses ÷ revenue
Employees
211
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$7.6M
▲ 41.1% / 5y
5.45.85.86.47.6
Expenses
$6.9M
▲ 64.0% / 5y
4.25.05.06.26.9
Total Assets
$13.8M
▲ 54.8% / 5y
8.911.711.712.913.8
Total Liabilities
$6.5M
▲ 78.8% / 5y
3.65.35.36.26.5

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$5.4M$5.8M$5.8M$6.4M$7.6M+41.1%
Expenses$4.2M$5.0M$5.0M$6.2M$6.9M+64.0%
Net surplus$1.2M$881K$881K$215K$713K-40.2%
Total assets$8.9M$11.7M$11.7M$12.9M$13.8M+54.8%
Total liabilities$3.6M$5.3M$5.3M$6.2M$6.5M+78.8%
Net assets$5.3M$6.5M$6.5M$6.7M$7.4M+38.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
ERIC BECK
GENERAL MANA
$197,092

+ 8 unpaid officers/directors as reported (ERIK GARTON, JAMES FICKENSCHER, JARROD NYCE, +5 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
DUES$3,313,491
ASSESSMENTS$795,879
CART/GREENS/ OUTINGS MEMBER$558,169
COMMITTEE ACTIVITIES$280,040
INITIATION FEES$234,250

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$5.0M
$100K paid down
Net land, buildings & equipment
$8.1M
book value, net of depreciation
Facility age
50%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$1.3M$2.6M$3.8M$5.1MFY20 · $4.3MFY20FY21 · $4.3MFY21FY22 · $5.1MFY22FY23 · $5.0MFY23

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

FY23 · Form 990, Part IX
Insurance$334,816
Occupancy$653,146
Depreciation & depletion$573,840
Advertising & promotion$8,732
Office expenses$25,460
Accounting fees$46,661

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
INDIAN VALLEY COUNTRY CLUB 401(K) PROFIT SHARING PLAN
pension · 70 participants · $680K 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.

IFounded in 1962, Indian Valley Country Club reported $7.64M of revenue for FY23, at an operating margin of 9.3%. Revenue moved up 19.7% 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, 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)
+ 11 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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