Form 990 for tax year 2024
Filed by PHILCREST HILLS TENNIS CLUB INC.
Totals
- Total revenue
- $1,498,484
- Total expenses
- $1,436,818
- Contributions and grants received
- $107,485
- Grants paid
- $0
- Program service revenue
- $1,326,614
- Investment income
- $945
- Other revenue
- $63,440
- Total assets, end of year
- $1,916,622
- Total liabilities, end of year
- $977,358
- Net assets or fund balances, end of year
- $939,264
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$107,485
-
2a · Program service revenue: Membership Dues & Assessments
total $1,326,614 · related or exempt $1,326,614
-
3 · Investment income
total $945 · related or exempt $945
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$122,040
-
10b · Cost of goods sold
$82,228
-
10c · Net income from sales of inventory
total $39,812 · related or exempt $39,812
-
11a · Other revenue: Guest Fees
total $23,628 · unrelated business $23,628
-
11b · Other revenue: USTA Pro Tournament
-
11e · Other revenue, total
$23,628
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $158,578
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $631,887
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $72,906
-
10 · Payroll taxes
total $60,050
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $8,343
-
15 · Royalties
total $0
-
16 · Occupancy
total $76,380
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $46,173
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $47,820
-
23 · Insurance
total $0
-
24a · Other expenses: USTA Tournament Expenses
total $102,236
-
24b · Other expenses: Supplies
total $64,053
-
24c · Other expenses: Repairs & Maintenance
total $56,893
-
24d · Other expenses: Contract Services
total $29,185
-
24e · All other expenses
total $82,314
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $41,897 · end of year $19,608
-
2 · Savings and temporary cash investments
beginning of year $110,169 · end of year $95,000
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $90,906 · end of year $73,786
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
beginning of year $21,921 · end of year $18,288
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$3,880,375
-
10b · Land, buildings and equipment: accumulated depreciation
$2,170,435
-
10c · Land, buildings and equipment, net
beginning of year $1,615,261 · end of year $1,709,940
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $9,176 · end of year $14,331
-
23 · Secured mortgages and notes payable
beginning of year $975,318 · end of year $942,425
-
25 · Other liabilities
beginning of year $18,062 · end of year $20,602
-
29 · Capital stock, trust principal or current funds
beginning of year $194 · end of year $194
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $722,293 · end of year $722,293
-
31 · Retained earnings, endowment or other funds
beginning of year $155,111 · end of year $216,777
Mission and programs · 2024
Mission
Philcrest Hills Tennis Club serves approximately 300 members with tennis facilities and related services
-
Not required for 501(C)(7) organizations.
As filed on the 2024 return.
Listed in Part VII
-
James R Warner
Executive Direc
- Total calculated
- $158,578
- From this org
- $158,578
- From related orgs
- $0
- Other
- $0
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $158,578
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $158,578
-
Melissa Little
Treasurer
- Total calculated
- $0
- Hours/week
- 0
-
Kelly Dudney
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Kimberly Jones
President
- Total calculated
- $0
- Hours/week
- 0
-
Laurie Alfey
Director
- Total calculated
- $0
- Hours/week
- 0
-
David Siegler
Vice President
- Total calculated
- $0
- Hours/week
- 0
-
Terry Grewe
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jay Penn
Director
- Total calculated
- $0
- Hours/week
- 0
-
Thomas Gillock
Director
- Total calculated
- $0
- Hours/week
- 0
-
Treak Tasker
Director
- Total calculated
- $0
- Hours/week
- 0
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 December 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543429349300304
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