Toledo Country Club
- Assets
- $3.0m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 130
- Location
- Toledo, OH
- Founding
- 07/1950
- Data as of
- 02/2022
- EIN
- 34-4421762
Organization Overview
Toledo Country Club is located in Toledo, OH. The organization was established in 1950. 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 02/2022, Toledo Country Club employed 130 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Toledo Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 02/2022, Toledo Country Club generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $2.7m during the year ending 02/2022. While expenses have increased by 2.0% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ASSOCIATION, AMUSEMENT, LITERACY AND SOCIAL CULTURE, RECREATION, AND MUTUAL IMPROVEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE CLUB FORMED BY ITS MEMBERS TO PROMOTE PERSONAL OR SOCIAL ACTIVITIES AND FELLOWSHIP AMONG THOSE MEMBERS BY PROVIDING ASSOCIATION, AMUSEMENT, LITERACY, SOCIAL CULTURE, RECREATION, AND MUTUAL IMPROVEMENT
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 |
|---|---|---|---|
Justin Pollock Head Golf Professional | 40 | $121,343 | |
Pat Gibbons Club House General Manager | 40 | $114,878 | |
Tim Glorioso Superintendent Of Greens | 40 | $113,488 | |
Phil Mcweeny President/treasurer | OfficerTrustee | 10 | $0 |
Lorin Zaner Secretary | OfficerTrustee | 10 | $0 |
Josh Unice Vice President | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,746,715 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $441,251 |
| 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 | $2,187,966 |
| Total Program Service Revenue | $416,298 |
| Investment income | $328 |
| 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 | $485,271 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,121,658 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,050,635 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $18,853 |
| Payroll taxes | $154,504 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,617 |
| Advertising and promotion | $5,804 |
| Office expenses | $46,161 |
| Information technology | $45,159 |
| Royalties | $0 |
| Occupancy | $262,619 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,280 |
| Interest | $29,495 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $198,859 |
| Insurance | $53,891 |
| All other expenses | $248,058 |
| Total functional expenses | $2,679,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $429,702 |
| Savings and temporary cash investments | $191,784 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $258,202 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $198,482 |
| Prepaid expenses and deferred charges | $47,746 |
| Net Land, buildings, and equipment | $1,868,752 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $46,200 |
| Total assets | $3,040,868 |
| Accounts payable and accrued expenses | $343,257 |
| Grants payable | $0 |
| Deferred revenue | $366,353 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $51,806 |
| Secured mortgages and notes payable | $2,985,664 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,747,080 |
| Net assets without donor restrictions | -$706,212 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,040,868 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Zeta National Housing Corporation Oxford, OH | $87,996,446 | $22,719,151 |
Saucon Valley Country Club Bethlehem, PA | $67,852,931 | $24,203,066 |
Philadelphia Cricket Club Philadelphia, PA | $37,903,760 | $20,280,729 |
Rolling Rock Club Ligonier, PA | $40,965,761 | $18,300,601 |
Delta Zeta Nat'l Housing Co (group Return) Oxford, OH | $23,862,160 | $20,580,612 |
Alpha Chi Omega Fraternity Inc Indianapolis, IN | $29,119,055 | $16,507,869 |
Scioto Country Club Inc Columbus, OH | $33,295,673 | $14,482,821 |
Philadelphia Country Club Gladwyne, PA | $32,330,060 | $13,976,423 |
Kenwood Country Club Cincinnati, OH | $26,605,503 | $12,714,296 |
Merion Golf Club Ardmore, PA | $47,289,704 | $14,329,733 |
Merion Cricket Club Haverford, PA | $51,258,941 | $16,918,678 |
St Clair Country Club Upper St Clair, PA | $22,536,238 | $13,310,395 |