SQUI501(c)(7) · MEDIUMNAICS 713910EIN 23-1619288
Squires Golf Club
Ambler, PA · founded 1966
13 filings on recordFY 2012–2024medium confidence
Compare to peers →FY24 Total Revenue
$6.02M
▲ 5.8% YoY
FY24 Total Expenses
$5.03M
▲ 3.5% YoY
Operating Margin
16.3%
revenue minus expenses ÷ revenue
Employees
82
headcount as reported on filing
The Five-Year Picture
FY2020 — FY2024 · as filed
Revenue
$6.0M
▲ 61.8% / 5y
Expenses
$5.0M
▲ 42.3% / 5y
Total Assets
$6.7M
▲ 17.7% / 5y
Total Liabilities
$4.9M
▼ 14.0% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY20 | FY21 | FY22 | FY23 | FY24 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.7M | $5.1M | $5.1M | $5.7M | $6.0M | +61.8% |
| Expenses | $3.5M | $4.4M | $4.4M | $4.9M | $5.0M | +42.3% |
| Net surplus | $181K | $723K | $723K | $826K | $984K | +443.1% |
| Total assets | $5.7M | $6.4M | $6.4M | $6.7M | $6.7M | +17.7% |
| Total liabilities | $5.7M | $5.3M | $5.3M | $5.2M | $4.9M | -14.0% |
| Net assets | $54K | $1.1M | $1.1M | $1.5M | $1.9M | +3336.4% |
Officer & staff compensation
FY24 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
Joseph Vahey General Manager· 45h/wk | $227,000 | — |
Christian Scheller Greens Manager· 45h/wk | $135,000 | — |
Dave Elliot Membership· 45h/wk | $135,000 | — |
Shawn Matthews Proshop· 45h/wk | $100,000 | — |
Jonathan Petruce Restaurant· 40h/wk | $85,000 | — |
+ 12 unpaid officers/directors as reported (Adam Goodman, Brad Beckman, Jack Seidman, +9 more)
Top contractors
FY24 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY24 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| Golf Fees | $902,502 |
| Initiation Fees | $723,100 |
| Proshop Service Fees | $25,187 |
| Tournament Revenues | $0 |
| Forefeiture of Installments | $0 |
Balance sheet & capital
FY24 · IRS Form 990, Part X
Mortgages & notes payable
$3.7M
▼ $153K paid down
Net land, buildings & equipment
$4.7M
book value, net of depreciation
Facility age
62%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY24 · Form 990, Part IX
| Insurance | $176,435 |
| Depreciation & depletion | $366,981 |
| Information technology | $39,174 |
| Office expenses | $75,146 |
| Legal fees | $2,087 |
| Accounting fees | $37,199 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
SQUIRES GOLF CLUB 401K RETIREMENT PLAN
pension · 40 participants · $2.1M assets · FY2024
Seasonal labor
DOL OFLC · certified H-2B positions
| Role | Wage floor (annualized) | Workers | Season |
|---|---|---|---|
Landscaping and Groundskeeping Workers AMBLER, PA | $41K | 3 | Apr 2025 → Nov 2025 |
Waiters and Waitresses AMBLER, PA | $37K | 5 | Apr 2025 → Nov 2025 |
Cooks, Restaurant AMBLER, PA | $37K | 2 | Apr 2025 → Nov 2025 |
Dishwashers AMBLER, PA | $31K | 2 | Apr 2025 → Nov 2025 |
SFounded in 1966, Squires Golf Club reported $6.02M of revenue for FY24, at an operating margin of 16.3%. Revenue moved up 5.8% 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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