Pine Valley Golf Club
- Assets
- $27.5m
- Revenue
- $15.6m
- Investments
- $0.0
- Employees
- 181
- Location
- Pine Valley, NJ
- Founding
- 12/1936
- Data as of
- 12/2021
- EIN
- 21-0537130
Organization Overview
Pine Valley Golf Club is located in Pine Valley, NJ. The organization was established in 1936. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Pine Valley Golf Club employed 181 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pine Valley Golf Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Pine Valley Golf Club generated $15.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $11.3m during the year ending 12/2021. 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
OPERATION OF A GOLF CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF
RESTAURANT, BAR, & LODGE
DORMITORIES & PRO SHOP
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Raudenbush General Manager/dir. Of Golf | Officer | 40 | $421,476 |
Richard Christian Golf Course Superintendent | Officer | 40 | $363,099 |
David Clark Head Professional | 40 | $209,491 | |
Jim Gillespie It Director | 40 | $153,545 | |
Todd Baron Caddy Master | 40 | $136,894 | |
Paul Bundick Executive Chef | 40 | $116,620 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northeast Mechanical Serv Inc Hvac Services | 3/30/20 | $186,859 |
Northeast Mechanical Serv Inc Hvac Services | 3/30/20 | $186,859 |
Hutchinson Plumbing/hvac Serv. | 3/30/20 | $137,295 |
J Daunoras Inc Paving Project | 3/30/20 | $192,888 |
Mcdonald Sons Inc Renovation Project | 3/30/20 | $374,506 |
Mcdonald Sons Inc Renovation Project | 3/30/20 | $374,506 |
View All Vendors
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,878,940 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,878,940 |
| Total Program Service Revenue | $5,963,492 |
| Investment income | $227,471 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $243,056 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,328,687 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,641,646 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $566,184 |
| Compensation of current officers, directors, key employees. | $302,694 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,508,458 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,245,331 |
| Payroll taxes | $446,020 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $154,375 |
| Fees for services: Accounting | $50,033 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,745 |
| Advertising and promotion | $0 |
| Office expenses | $511,316 |
| Information technology | $27,867 |
| Royalties | $0 |
| Occupancy | $1,656,468 |
| Travel | $16,502 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,764 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $435,435 |
| Insurance | $146,744 |
| All other expenses | $358,107 |
| Total functional expenses | $11,256,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,120,490 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $358,189 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,057,311 |
| Prepaid expenses and deferred charges | $147,010 |
| Net Land, buildings, and equipment | $11,737,004 |
| Investments—publicly traded securities | $13,044,548 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,464,552 |
| Accounts payable and accrued expenses | $474,499 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,793,119 |
| Total liabilities | $10,267,618 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $17,196,934 |
| Total liabilities and net assets/fund balances | $27,464,552 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Westchester Country Club Inc Rye, NY | $77,553,664 | $42,480,746 |
Yale Club Of New York City New York, NY | $50,588,779 | $20,944,634 |
Old Westbury Golf & Country Club Inc Old Westbury, NY | $24,637,751 | $16,881,231 |
Hudson National Golf Club Inc Croton On Hudson, NY | $51,687,185 | $12,086,027 |
Lake Naomi Club Pocono Pines, PA | $31,181,948 | $14,377,164 |
Pine Valley Golf Club Pine Valley, NJ | $27,464,552 | $15,641,646 |
Plainfield Country Club Edison, NJ | $20,539,827 | $10,734,974 |
Glen Ridge Country Club Glen Ridge, NJ | $4,315,456 | $11,200,681 |
Overbrook Golf Club Bryn Mawr, PA | $25,446,093 | $10,373,823 |
Fisher Island Club Inc Fishers Island, NY | $26,382,427 | $9,842,592 |
North Jersey Country Club Inc Wayne, NJ | $12,240,984 | $10,758,532 |
Noyac Golf Club Inc Sag Harbor, NY | $25,263,669 | $11,022,614 |