PARK501(c)(7) · MEDIUMNAICS 713910EIN 55-0249680
Parkersburg Country Club
Vienna, WV · founded 1964
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$3.38M
▼ 4.4% YoY
FY23 Total Expenses
$3.54M
▲ 8.1% YoY
Operating Margin
-4.5%
revenue minus expenses ÷ revenue
Employees
138
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$3.4M
▲ 12.3% / 5y
Expenses
$3.5M
▲ 10.4% / 5y
Total Assets
$4.6M
▲ 53.8% / 5y
Total Liabilities
$3.7M
▲ 92.3% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.0M | $2.8M | $2.8M | $3.5M | $3.4M | +12.3% |
| Expenses | $3.2M | $3.0M | $3.0M | $3.3M | $3.5M | +10.4% |
| Net surplus | -$191K | -$166K | -$166K | $268K | -$154K | -19.5% |
| Total assets | $3.0M | $4.3M | $4.3M | $4.5M | $4.6M | +53.8% |
| Total liabilities | $1.9M | $3.6M | $3.6M | $3.5M | $3.7M | +92.3% |
| Net assets | $1.1M | $779K | $779K | $1.1M | $900K | -15.5% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
ANGIE SMITH General Manager· 40h/wk | $106,655 | — |
+ 9 unpaid officers/directors as reported (AMY SMITH, BEN POLING, DAVE FLEMING, +6 more)
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 |
|---|---|
| CART RENTALS | $189,519 |
| GUEST FEES CHG. TO MEM. | $131,803 |
| RANGE FEES | $40,800 |
| BAG STORAGE | $13,890 |
| LOCKER RENTALS | $12,469 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$3.0M
▲ $245K new borrowing
Net land, buildings & equipment
$3.2M
book value, net of depreciation
Facility age
71%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $70,768 |
| Depreciation & depletion | $368,761 |
| Information technology | $35,608 |
| Office expenses | $14,483 |
| Accounting fees | $32,320 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
PARKERSBURG COUNTRY CLUB CBWV BENEFIT PLAN
welfare · 17 participants · $23K assets · FY2024
PARKERSBURG COUNTRY CLUB 401(K) PROFIT SHARING PLAN
pension · 31 participants · $899K assets · FY2024
PFounded in 1964, Parkersburg Country Club reported $3.38M of revenue for FY23, at an operating margin of -4.5%. Revenue moved down 4.4% 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
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