Civic Intelligence

Copper Valley Club Inc

990 • Fiscal year 2020 • EIN 06-0702858

Oct 01, 2019 to Sep 30, 2020 • Filed on Feb 18, 2021

5 Copper Valley CourtCheshire, CT 06410

(203) 679-9282

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

0.98x

Higher debt load relative to assets than 96% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

100th percentile

7.34x

Higher debt load relative to revenue than 100% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Net Margin

3rd percentile

-212%

Higher net margin than 3% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)7 • <$500k nonprofits • Source year 2020

Asset Growth

91st percentile

64%

Faster asset growth than 91% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

10th percentile

-65%

Faster revenue growth than 10% of similar nonprofits.

2020 filings • 501(c)7 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$248,097

Up $97,231 (+64%) from 2019

Net Assets

Down

$4,493

Down $70,497 (-94%) from 2019

Liabilities

Up

$243,604

Up $167,728 (+221%) from 2019

Revenue

Down

$33,187

Down $61,002 (-65%) from 2019

Expenses

Up

$103,684

Up $16,406 (+19%) from 2019

Net Income

Down

-$70,497

Down $77,408 (-1120%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2010: $269,484Liabilities 2010: $19,712Net Assets 2010: $249,7722010Assets 2011: $277,412Liabilities 2011: $21,861Net Assets 2011: $255,5512011Assets 2012: $271,791Liabilities 2012: $19,872Net Assets 2012: $251,9192012Assets 2013: $243,115Liabilities 2013: $18,733Net Assets 2013: $224,3822013Assets 2014: $203,840Liabilities 2014: $18,675Net Assets 2014: $185,1652014Assets 2015: $168,375Liabilities 2015: $18,675Net Assets 2015: $149,7002015Assets 2016: $144,393Liabilities 2016: $21,214Net Assets 2016: $123,1792016Assets 2017: $146,855Liabilities 2017: $38,554Net Assets 2017: $108,3012017Assets 2018: $144,593Liabilities 2018: $73,782Net Assets 2018: $70,8112018Assets 2019: $150,866Liabilities 2019: $75,876Net Assets 2019: $74,9902019Assets 2020: $248,097Liabilities 2020: $243,604Net Assets 2020: $4,4932020Assets 2021: $154,549Liabilities 2021: $136,282Net Assets 2021: $18,2672021Assets 2022: $112,540Liabilities 2022: $80,165Net Assets 2022: $32,3752022Assets 2023: $119,565Liabilities 2023: $79,265Net Assets 2023: $40,3002023Assets 2024: $123,519Liabilities 2024: $77,047Net Assets 2024: $46,4722024Assets 2025: $133,411Liabilities 2025: $78,184Net Assets 2025: $55,2272025

Highlighted filing

2020

Assets$248,097
Liabilities$243,604
Net Assets$4,493

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $239,558Expenses 2010: $269,924Net Income 2010: -$30,3662010Revenue 2011: $287,998Expenses 2011: $282,219Net Income 2011: $5,7792011Expenses 2012: $287,2382012Revenue 2013: $268,712Expenses 2013: $296,249Net Income 2013: -$27,5372013Revenue 2014: $232,036Expenses 2014: $271,253Net Income 2014: -$39,2172014Revenue 2015: $202,730Expenses 2015: $238,195Net Income 2015: -$35,4652015Revenue 2016: $164,852Expenses 2016: $191,373Net Income 2016: -$26,5212016Revenue 2017: $121,399Expenses 2017: $136,277Net Income 2017: -$14,8782017Revenue 2018: $66,851Expenses 2018: $64,119Net Income 2018: $2,7322018Revenue 2019: $94,189Expenses 2019: $87,278Net Income 2019: $6,9112019Revenue 2020: $33,187Expenses 2020: $103,684Net Income 2020: -$70,4972020Revenue 2021: $100,293Expenses 2021: $86,519Net Income 2021: $13,7742021Revenue 2022: $106,578Expenses 2022: $92,470Net Income 2022: $14,1082022Revenue 2023: $95,321Expenses 2023: $87,396Net Income 2023: $7,9252023Revenue 2024: $92,204Expenses 2024: $86,032Net Income 2024: $6,1722024Revenue 2025: $91,828Expenses 2025: $83,073Net Income 2025: $8,7552025

Highlighted filing

2020

Revenue$33,187
Expenses$103,684
Net Income-$70,497
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Feb 18, 2021
Return Version
2019v5.0
Gross Receipts
$321,624
Mission and Program Overview

Mission

The Club provides recreation to its members for social events and tennis and pickle ball play and instruction

The mission of the Club is to promote the health and general welfare of its members and in pursuance thereof, to construct, own and operate recreational facilities, together with such incidental objects as are appropriate in the conduct of its activities in the Town of Cheshire, County of New Haven, State of Connecticut, for the exclusive use of its members and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$0$130,946▲ $130,946
Land, Buildings, and Equipment, Net$144,393$107,637▼ $36,756
Cash and Non-Interest-Bearing Accounts$6,310$8,613▲ $2,303
Accounts Receivable$163$901▲ $738
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$150,866$248,097▲ $97,231
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$18,675$245,448▲ $226,773
Mortgage Notes Payable Secured by Investment Property$54,045$0▼ $54,045
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Accounts Payable and Accrued Expenses$3,156$-1,844▼ $5,000
Total Liabilities$75,876$243,604▲ $167,728
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$74,990$4,493▼ $70,497
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$74,990$4,493▼ $70,497
Total Liabilities and Net Assets / Fund Balance$150,866$248,097▲ $97,231

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$30,102$39,300$0
Other Land Buildings$27,498$0$0
Land$44,359-$0
Equipment$5,678$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeffrey MaharPresident
Mike ClarkeSecretary
Rick RobertsVP Administration
Paul CahillVP Operations
Revenue and Support

Revenue Composition

Contributions and Grants
$43,611
Program Service Revenue
$45,689
Investment Income
$-63,437
Other Revenue
$7,324
All Other Contributions
$2,000
Change in Net Assets
$-70,497
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$103,684
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$36,524$6,638$0$43,162
Other Expenses$0$10,419$0$10,419
Insurance$0$9,852$0$9,852
Depreciation Depletion$0$4,352$0$4,352
Advertising$0$1,279$0$1,279
Total Functional Expenses$36,524$67,160$0$103,684
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loss of Selling Property. Should be in Equity$227,048
Membership Bonda$18,400
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Part VI, Section A, Line 7B

| Class of the Person:, Decisions that require their approval:, Nature of their rights:| Member, Changes in Bylaws and voting on election of Board of Governors, Special Meetings and End of the year meeitng|

Part VI, Section B, Line 11B

Monthly Board Meetings

Part VI, Section B, Line 12C

Monthly and Biweekly Board Meetings

Filing and Contact Details

Filer

Filer Name
Copper Valley Club
EIN
06-0702858
In Care Of
% JEFFREY T MAHAR
Phone
2036799282
Address
5 COPPER VALLEY COURT, CHESHIRE, CT 06410
Doing Business As
Copper Valley Club

Signing Officer

Name
Jeffrey T Mahar
Title
President
Phone
2033763562
Signed
2021-02-18
Discuss with paid preparer
No

Organization Details

Formed
1954
Legal Domicile
Ct
Voting Board Members
7
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Other Doing Business As Names

| CHESHIRE|

Part IX, line 11G

| Description:, Amount:| Tennis Program Activities, $36524| Maintenance Contract for the Club, $6638|

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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt04493
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Maintenance and Operational Expenses
IRS990/OtherExpensesGrp/Desc1Property and Real Estate Taxes
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt034620
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110419
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/TotalAmt034620
IRS990/OtherExpensesGrp/TotalAmt110419
IRS990/OtherLiabilitiesGrp/BOYAmt018675
IRS990/OtherLiabilitiesGrp/EOYAmt0245448
IRS990/OtherOrganizationDsc0LLC
IRS990/OtherRevenueMiscGrp/BusinessCd0713940
IRS990/OtherRevenueMiscGrp/Desc0Fitness and Recreational Sports Centers
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07324
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07324
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt07324
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0JEFFREY T MAHAR
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611620
IRS990/ProgramServiceRevenueGrp/Desc0Sports and Recreation Instruction
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt045689
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt045689
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0Club offers other health related activities outside of tennis
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt07324
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt046466
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt087278
IRS990/PYOtherRevenueAmt011675
IRS990/PYProgramServiceRevenueAmt036048
IRS990/PYRevenuesLessExpensesAmt06911
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt087278
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt094189
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-70497
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ReservesMaintainedAmt00
IRS990/RevenueAmt045689
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0130946
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt030102
IRS990ScheduleD/BuildingsGrp/DepreciationAmt039300
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt069402
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt05678
IRS990ScheduleD/EquipmentGrp/DepreciationAmt00
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt05678
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LandGrp/BookValueAmt044359
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt044359
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt027498
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt027498
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt018400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1227048
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Membership Bonda
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Loss of Selling Property. Should be in Equity
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0107637
IRS990ScheduleD/TotalLiabilityAmt0245448
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| CHESHIRE|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Class of the Person:, Decisions that require their approval:, Nature of their rights:| Member, Changes in Bylaws and voting on election of Board of Governors, Special Meetings and End of the year meeitng|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Monthly Board Meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Monthly and Biweekly Board Meetings
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4| Description:, Amount:| Tennis Program Activities, $36524| Maintenance Contract for the Club, $6638|
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Doing Business As Names
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Section B, Line 11b

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.33$0.78$0.55$0.92$0.83$0.09
2024Detailed filing. Detailed filing data is available for this year.$1.24$0.77$0.46$0.92$0.86$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.20$0.79$0.40$0.95$0.87$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.13$0.80$0.32$1.07$0.92$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.55$1.36$0.18$1.00$0.87$0.14
2020Detailed filing. Detailed filing data is available for this year.$2.48$2.44$0.04$0.33$1.04$0.70
2019Detailed filing. Detailed filing data is available for this year.$1.51$0.76$0.75$0.94$0.87$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.45$0.74$0.71$0.67$0.64$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.47$0.39$1.08$1.21$1.36$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.44$0.21$1.23$1.65$1.91$0.27
2015Detailed filing. Detailed filing data is available for this year.$1.68$0.19$1.50$2.03$2.38$0.35
2014Detailed filing. Detailed filing data is available for this year.$2.04$0.19$1.85$2.32$2.71$0.39
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$0.19$2.24$2.69$2.96$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.72$0.20$2.52$2.87
2011Summary only. Only limited summary data is available for this year.$2.77$0.22$2.56$2.88$2.82$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.20$2.50$2.40$2.70$0.30