CHEN501(c)(7) · MEDIUMNAICS 713910EIN 24-0544280

Centre Hills Country Club

State College, PA · founded 1945
13 filings on recordFY 20122024medium confidence
FY24 Total Revenue
$4.30M
▲ 7.4% YoY
FY24 Total Expenses
$3.78M
▼ 5.8% YoY
Operating Margin
12.1%
revenue minus expenses ÷ revenue
Employees
130
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$4.3M
▲ 20.6% / 5y
3.63.73.74.04.3
Expenses
$3.8M
▲ 3.3% / 5y
3.74.04.04.03.8
Total Assets
$6.7M
▼ 0.5% / 5y
6.87.17.16.96.7
Total Liabilities
$3.3M
▼ 8.7% / 5y
3.64.24.24.03.3

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$3.6M$3.7M$3.7M$4.0M$4.3M+20.6%
Expenses$3.7M$4.0M$4.0M$4.0M$3.8M+3.3%
Net surplus-$96K-$271K-$271K-$12K$519K-639.6%
Total assets$6.8M$7.1M$7.1M$6.9M$6.7M-0.5%
Total liabilities$3.6M$4.2M$4.2M$4.0M$3.3M-8.7%
Net assets$3.2M$2.9M$2.9M$2.9M$3.5M+8.7%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther

+ 11 unpaid officers/directors as reported (BILL ABRAMS, C J WAGNER JR, CRAIG J KANIECKI, +8 more)

All 11 listed officers reported $0 compensation — volunteer board.

Top contractors

FY24 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES & INITIATION FEES$2,565,857
GOLF & HANDICAP ASSESSMENTS$417,806
CART FEES & RENTALS$246,811
GREENS FEES$219,373
TOURNAMENT INCOME$120,193

CFounded in 1945, Centre Hills Country Club reported $4.30M of revenue for FY24, at an operating margin of 12.1%. Revenue moved up 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, FY2024 · period ending Sun Mar 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Fri Mar 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Thu Mar 31 2022 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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