VALL501(c)(7) · MEDIUMNAICS 713910EIN 84-0458222

Valley Country Club

Centennial, CO · founded 1958
12 filings on recordFY 20122023medium confidence
FY23 Total Revenue
$8.25M
▲ 0.1% YoY
FY23 Total Expenses
$7.27M
▲ 9.6% YoY
Operating Margin
11.9%
revenue minus expenses ÷ revenue
Employees
200
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$8.3M
▲ 43.3% / 5y
5.88.58.58.28.3
Expenses
$7.3M
▲ 34.0% / 5y
5.45.75.76.67.3
Total Assets
$31.3M
▲ 117.1% / 5y
14.419.319.327.231.3
Total Liabilities
$16.0M
▲ 177.2% / 5y
5.86.56.512.816.0

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$5.8M$8.5M$8.5M$8.2M$8.3M+43.3%
Expenses$5.4M$5.7M$5.7M$6.6M$7.3M+34.0%
Net surplus$329K$2.9M$2.9M$1.6M$980K+198.0%
Total assets$14.4M$19.3M$19.3M$27.2M$31.3M+117.1%
Total liabilities$5.8M$6.5M$6.5M$12.8M$16.0M+177.2%
Net assets$8.7M$12.8M$12.8M$14.4M$15.3M+77.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MARK C TIERNAN
General Manager· 50h/wk
$180,622$20,193
RYAN SOMODJI
EXECURITVE CHEF· 50h/wk
$117,459$25,929
ZACHARY BAUER
Golf Course Superintendent· 50h/wk
$114,429$22,546
JAMES B MILSTEAD
Director of Golf· 50h/wk
$108,526$18,405
MICHAEL HUMPHREY
Head Tennis Professional· 50h/wk
$102,129$1,008
TALAL K AL-JADER
General Manager· 50h/wk
$10,500

+ 12 unpaid officers/directors as reported (BOB GOODMAN, BRAD COHEN, CHRISTINE HANKS, +9 more)

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$5,211,053
GOLF OPERATIONS$788,923
ENTRANCE FEES$757,325
LOCKER ROOMS, SWIMMING AND TENNIS$188,669

VFounded in 1958, Valley Country Club reported $8.25M of revenue for FY23, at an operating margin of 11.9%. Revenue moved up 0.1% 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
Form 990, FY2023 · period ending Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 30 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 9 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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