LVAK501(c)(7) · MEDIUMNAICS 713910EIN 25-1092288
Lake View Country Club
North East, PA · founded 1964
14 filings on recordFY 2010–2023medium confidence
Compare to peers →FY23 Total Revenue
$1.40M
▼ 14.8% YoY
FY23 Total Expenses
$1.61M
▲ 1.2% YoY
Operating Margin
-14.5%
revenue minus expenses ÷ revenue
Employees
96
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$1.4M
▼ 5.0% / 5y
Expenses
$1.6M
▲ 6.5% / 5y
Total Assets
$614K
▲ 117.5% / 5y
Total Liabilities
$98K
▼ 23.6% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $1.5M | $1.7M | $1.7M | $1.6M | $1.4M | -5.0% |
| Expenses | $1.5M | $1.4M | $1.4M | $1.6M | $1.6M | +6.5% |
| Net surplus | -$31K | $294K | $294K | $60K | -$204K | +553.5% |
| Total assets | $282K | $1.1M | $1.1M | $958K | $614K | +117.5% |
| Total liabilities | $129K | $427K | $427K | $239K | $98K | -23.6% |
| Net assets | $153K | $659K | $659K | $719K | $515K | +236.1% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 6 unpaid officers/directors as reported (CHUCK OLLINGER, DAVE MARTIN, ERIC VAN DAMIA, +3 more)
All 6 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 |
|---|---|
| MEMBERSHIP DUES & ASSESS | $972,154 |
| GOLF | $326,096 |
| ADMINISTRATION | $51,594 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$215K
book value, net of depreciation
Facility age
20%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Management fees | $0 |
| Insurance | $0 |
| Occupancy | $0 |
| Depreciation & depletion | $0 |
| Information technology | $0 |
| Advertising & promotion | $0 |
| Office expenses | $0 |
| Legal fees | $0 |
| Accounting fees | $0 |
| Other professional fees | $0 |
LFounded in 1964, Lake View Country Club reported $1.40M of revenue for FY23, at an operating margin of -14.5%. Revenue moved down 14.8% 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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