COUN501(c)(7) · MEDIUMNAICS 713910EIN 25-0422193

Country Club

Meadville, PA · founded 1942
13 filings on recordFY 20112023medium confidence
Compare to peers →
FY23 Total Revenue
$1.50M
▲ 13.0% YoY
FY23 Total Expenses
$1.50M
▲ 9.1% YoY
Operating Margin
-0.3%
revenue minus expenses ÷ revenue
Employees
101
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$1.5M
▲ 23.9% / 5y
1.21.61.61.31.5
Expenses
$1.5M
▲ 8.2% / 5y
1.41.21.21.41.5
Total Assets
$1.7M
▼ 5.1% / 5y
1.81.71.71.61.7
Total Liabilities
$652K
▼ 25.4% / 5y
874591591563652

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.2M$1.6M$1.6M$1.3M$1.5M+23.9%
Expenses$1.4M$1.2M$1.2M$1.4M$1.5M+8.2%
Net surplus-$180K$327K$327K-$51K-$4K-97.8%
Total assets$1.8M$1.7M$1.7M$1.6M$1.7M-5.1%
Total liabilities$874K$591K$591K$563K$652K-25.4%
Net assets$905K$1.1M$1.1M$1.0M$1.0M+14.5%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 9 unpaid officers/directors as reported (BLAKE SOBOLEWSKI, DANA DEARMENT, DAVE MOSBACHER, +6 more)

All 9 listed officers reported $0 compensation — volunteer board.

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$690,464
GOLF CART FEES$126,621
GREEN FEES$92,923
OTHER PROGRAM REVENUE$3,170
SWIMMING POOL FEES$505

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$529K
$73K new borrowing
Net land, buildings & equipment
$1.5M
book value, net of depreciation
Facility age
77%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$132K$265K$397K$529KFY20 · $518KFY20FY21 · $518KFY21FY22 · $456KFY22FY23 · $529KFY23

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$51,995
Occupancy$116,038
Depreciation & depletion$170,179
Advertising & promotion$770
Office expenses$26,495

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.

CFounded in 1942, Country Club reported $1.50M of revenue for FY23, at an operating margin of -0.3%. Revenue moved up 13.0% 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)
+ 10 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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