Fox Chapel Golf Club
- Assets
- $23.8m
- Revenue
- $10.9m
- Investments
- $0.0
- Employees
- 299
- Location
- Pittsburgh, PA
- Founding
- 04/1925
- Data as of
- 03/2023
- EIN
- 25-0486920
Organization Overview
Fox Chapel Golf Club is located in Pittsburgh, PA. The organization was established in 1925. 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 03/2023, Fox Chapel Golf Club employed 299 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fox Chapel 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 03/2023, Fox Chapel Golf Club generated $10.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $10.5m during the year ending 03/2023. While expenses have increased by 5.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE GOLF, SOCIAL, OTHER SPORTS & RECREATIONAL ACTIVITIES FOR THE BENEFIT OF ITS MEMBERS. THE CLUB ALSO MAINTAINS A CLUBHOUSE FOR THE USE & ENJOYMENT OF ITS MEMBERS & GUESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAX EXEMPT CLUB ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James M Walrath President | OfficerTrustee | 5 | $0 |
Clinton E Guyaux Vice President | OfficerTrustee | 5 | $0 |
Gina Cusano Vice President | OfficerTrustee | 5 | $0 |
Elizabeth M Allen Treasurer | OfficerTrustee | 5 | $0 |
Dr Donald F Smith Secretary | OfficerTrustee | 5 | $0 |
Edward J O'donnell Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Renovation Services Inc Construction | 3/30/20 | $134,700 |
Nmp Golf Construction Corp Construction | 3/30/20 | $731,815 |
Shields Asphalt Paving Construction | 3/30/20 | $114,880 |
Tjf Golf Inc Design Services | 3/30/20 | $126,692 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $6,850,695 |
| Investment income | $1,862 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $65,000 |
| Net Gain/Loss on Asset Sales | $700 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,961,161 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,906,888 |
| 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. | $569,507 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,425,821 |
| Pension plan accruals and contributions | $67,246 |
| Other employee benefits | $237,228 |
| Payroll taxes | $462,418 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,353 |
| Fees for services: Accounting | $24,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,740 |
| Advertising and promotion | $0 |
| Office expenses | $420,323 |
| Information technology | $59,742 |
| Royalties | $0 |
| Occupancy | $515,655 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $239,759 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,395,800 |
| Insurance | $288,261 |
| All other expenses | $113,078 |
| Total functional expenses | $10,542,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $661,967 |
| Savings and temporary cash investments | $823,000 |
| Pledges and grants receivable | $28,511 |
| Accounts receivable, net | $2,458,624 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $611,738 |
| Prepaid expenses and deferred charges | $257,887 |
| Net Land, buildings, and equipment | $18,872,536 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $120,618 |
| Total assets | $23,834,881 |
| Accounts payable and accrued expenses | $820,131 |
| Grants payable | $0 |
| Deferred revenue | $3,103,218 |
| 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 | $5,796,335 |
| Other liabilities | $0 |
| Total liabilities | $9,719,684 |
| Net assets without donor restrictions | $13,292,197 |
| Net assets with donor restrictions | $823,000 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $23,834,881 |