PVIN501(c)(7) · MEDIUMNAICS 713910EIN 56-0614875
Pine Valley Country Club Inc
Wilmington, NC · founded 1960
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$4.61M
▲ 2.0% YoY
FY23 Total Expenses
$4.50M
▲ 16.6% YoY
Operating Margin
2.4%
revenue minus expenses ÷ revenue
Employees
161
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$4.6M
▲ 42.2% / 5y
Expenses
$4.5M
▲ 65.4% / 5y
Total Assets
$6.0M
▲ 147.0% / 5y
Total Liabilities
$2.7M
▲ 45.7% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.2M | $4.3M | $4.3M | $4.5M | $4.6M | +42.2% |
| Expenses | $2.7M | $2.7M | $2.7M | $3.9M | $4.5M | +65.4% |
| Net surplus | $523K | $1.6M | $1.6M | $659K | $111K | -78.8% |
| Total assets | $2.4M | $4.1M | $4.1M | $6.2M | $6.0M | +147.0% |
| Total liabilities | $1.9M | $1.9M | $1.9M | $3.1M | $2.7M | +45.7% |
| Net assets | $548K | $2.2M | $2.2M | $3.1M | $3.2M | +493.1% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
JANA CHANTHABANE General Manager· 40h/wk | $115,871 | — |
+ 9 unpaid officers/directors as reported (ANDY RICHARDSON, CHRIS MUNDORF, ELLEN GREGORY, +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 |
|---|---|
| DUES & ASSESSMENTS | $3,006,986 |
| GOLF | $675,745 |
| GOLF NON-MEMBER | $325,727 |
| POOL | $28,780 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$2.0M
▼ $55K paid down
Net land, buildings & equipment
$4.3M
book value, net of depreciation
Facility age
49%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $158,805 |
| Occupancy | $171,813 |
| Depreciation & depletion | $361,275 |
| Information technology | $45,989 |
| Advertising & promotion | $1,651 |
| Office expenses | $160,805 |
| Other professional fees | $242,401 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
PINE VALLEY COUNTRY CLUB 401K
pension · 68 participants · $141K assets · FY2024
PFounded in 1960, Pine Valley Country Club Inc reported $4.61M of revenue for FY23, at an operating margin of 2.4%. Revenue moved up 2.0% 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
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