SUMM501(c)(7) · MEDIUMNAICS 713910EIN 25-0827150
Summit Country Club
Cresson, PA · founded 1968
12 filings on recordFY 2010–2023medium confidence
Compare to peers →FY23 Total Revenue
$955k
▲ 24.1% YoY
FY23 Total Expenses
$941k
▲ 14.2% YoY
Operating Margin
1.4%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing
The Five-Year Picture
FY2017 — FY2023 · as filed
Revenue
$955K
▲ 30.5% / 5y
Expenses
$941K
▲ 17.2% / 5y
Total Assets
$380K
▲ 10.4% / 5y
Total Liabilities
$266K
▼ 41.2% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY17 | FY18 | FY20 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $732K | $699K | $854K | $769K | $955K | +30.5% |
| Expenses | $803K | $754K | $732K | $824K | $941K | +17.2% |
| Net surplus | -$71K | -$55K | $122K | -$55K | $14K | -119.3% |
| Total assets | $344K | $315K | $388K | $413K | $380K | +10.4% |
| Total liabilities | $452K | $478K | $350K | $321K | $266K | -41.2% |
| Net assets | -$108K | -$163K | $38K | $92K | $114K | -206.2% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 2 unpaid officers/directors as reported (RICHARD PATTON, RICK SLEBODNIK)
All 2 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 item | Amount |
|---|---|
| COURSE REVENUE - MEMBE | $507,958 |
| COURSE REVENUE - NON M | $228,634 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$194K
▼ $14K paid down
Net land, buildings & equipment
$326K
book value, net of depreciation
Facility age
86%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $25,796 |
| Depreciation & depletion | $60,966 |
| Advertising & promotion | $4,707 |
| Office expenses | $6,924 |
| Legal fees | $7,336 |
SFounded in 1968, Summit Country Club reported $955k of revenue for FY23, at an operating margin of 1.4%. Revenue moved up 24.1% 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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