Park Country Club Of Buffalo Inc
- Assets
- $10.4m
- Revenue
- $5.4m
- Investments
- $308.4k
- Employees
- 200
- Location
- Williamsville, NY
- Founding
- 02/1959
- Data as of
- 01/2021
- EIN
- 16-0582510
Organization Overview
Park Country Club Of Buffalo Inc is located in Williamsville, NY. The organization was established in 1959. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 01/2021, Park Country Club Of Buffalo Inc employed 200 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park Country Club Of Buffalo Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 01/2021, Park Country Club Of Buffalo Inc generated $5.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $4.6m during the year ending 01/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE MEMBERS THE OPPORTUNITY TO PARTICIPATE IN CLUB ACTIVITIES WITHIN A PRIVATE SETTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARK COUNTRY CLUB OF BUFFALO, INC IS A NON-PROFIT CORPORATION WHICH PROVIDES ATHLETIC AND SOCIAL ACTIVITIES FOR THE CLUB MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Reilly CEO | Officer | 40 | $203,471 |
Scott Dodson Grounds Superintendent | 40 | $140,918 | |
Edward Suchora Head Golf Professional | 40 | $135,301 | |
Michael Sturgis Executive Chef | 40 | $126,693 | |
Lisa Eoannou CFO | Officer | 40 | $117,335 |
James Renda Board Member/president | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,088,666 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,423,211 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $342,792 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $422,890 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $120,036 |
| Payroll taxes | $50,472 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,710 |
| Fees for services: Accounting | $19,174 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,337 |
| Advertising and promotion | $0 |
| Office expenses | $22,738 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $214,918 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,959 |
| Interest | $90,216 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $775,380 |
| Insurance | $122,389 |
| All other expenses | $0 |
| Total functional expenses | $4,554,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,341,635 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $91,375 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $193,336 |
| Prepaid expenses and deferred charges | $618,705 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $308,400 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,425,922 |
| Accounts payable and accrued expenses | $486,181 |
| Grants payable | $0 |
| Deferred revenue | $1,405,424 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,919,805 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $133,125 |
| Total liabilities | $3,944,535 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $6,481,387 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Canoe Brook Country Club Summit, NJ | $49,012,793 | $22,669,304 |
Glen Oaks Club Inc Old Westbury, NY | $13,779,705 | $20,068,781 |
Saucon Valley Country Club Bethlehem, PA | $67,852,931 | $24,203,066 |
Sleepy Hollow Country Club Westchester Scarborough, NY | $36,824,085 | $23,136,850 |
Wee Burn Country Club Inc Darien, CT | $32,519,463 | $16,725,850 |
Piping Rock Club Locust Valley, NY | $31,334,038 | $17,059,500 |
Philadelphia Cricket Club Philadelphia, PA | $37,903,760 | $20,280,729 |
Rolling Rock Club Ligonier, PA | $40,965,761 | $18,300,601 |
Oak Hill Country Club Rochester, NY | $24,513,885 | $17,798,483 |
The Ridgewood Country Club Paramus, NJ | $31,275,344 | $17,956,980 |
Montclair Golf Club Montclair, NJ | $32,931,083 | $17,687,834 |
Greenwich Country Club Greenwich, CT | $48,407,804 | $23,136,592 |