Valley Club Inc
Revenue
$14.7m
year to 31 December 2024
Expenses
$13.4m
year to 31 December 2024
Total assets
$43.9m
$5.7m liabilities
Net assets
$38.2m
assets less liabilities
Directors and trustees
9
4.5 years on average
Staff
212
60 volunteers
Left since last filing
0
no seats appear to have opened
Officers and senior staff
13
named in Part VII
Valley Club Inc's network
9 people1 organisationi9 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (9). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
9 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 9 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Carol Gullstad | Company secretary | 2023 | 3 yrs |
| Gina Wolcott | Director | 2019 | 7 yrs |
| Jack Bunce | Director | 2022 | 4 yrs |
| Jim Magee | Director | 2022 | 4 yrs |
| John Kanellitsas | Vice President | 2022 | 4 yrs |
| Kerry Funkhouser | Director | 2024 | 2 yrs |
| Mike Sadler | Director | 2024 | 2 yrs |
| Peter Becker | Treasurer | 2023 | 3 yrs |
| Steve Kearns | President | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
13 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Arthur Reid | Fitness/Tennis Director | since 2018 |
| Barry Bevers | General Manager | since 2018 |
| Brady McAlister | Employee | 2022 |
| Fred Hartzman | West Campus Director | since 2022 |
| Gerald Flaherty | Director of Agronomy | since 2018 |
| Jaime Sharp | Head Golf Professional | since 2018 |
| Jake Hanson | Director of Golf | since 2023 |
| Jason Sigmund | Director of Agronomy | since 2023 |
| Jennifer Bevers | Controller | since 2019 |
| MAX Riggs | Director of Food & Beverage | since 2023 |
| Megan Carley | Controller | since 2023 |
| Travis Catanzaro | Executive Chef | since 2023 |
| Zach Jonas | General Manager | since 2022 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Zach Jonas | General Manager | 40 | $298k | $19k | |
| Megan Carley | Controller | 40 | $188k | $16k | |
| Jason Sigmund | Director of Agronomy | 40 | $173k | $15k | |
| Jake Hanson | Director of Golf | 40 | $165k | $14k | |
| Fred Hartzman | West Campus Director | 40 | $159k | $14k | |
| Max Riggs | Director of Food & Beverag | 40 | $139k | $19k | |
| Travis Catanzaro | Executive Chef | 40 | $135k | $24k | |
| Steve Kearns | President | 7 | $0 | ||
| John Kanellitsas | Vice President | 5 | $0 | ||
| Peter Becker | Treasurer | 3 | $0 | ||
| Carol Gullstad | Secretary | 3 | $0 | ||
| Jack Bunce | Director | 2.5 | $0 | ||
| Gina Wolcott | Director | 2.5 | $0 | ||
| Mike Sadler | Director | 2.5 | $0 | ||
| Jim Magee | Director | 2.5 | $0 | ||
| Kerry Funkhouser | Director | 2.5 | $0 |
About
- Legal name
- Valley Club Inc
- EIN
- 820488586
- Address
- Po Box 252, Sun Valley, ID, 83353-0252
- State
- Idaho
- Mission
- The club is an exempt organization under irc section 501(c)(7) whose program and service activities are organized and operated substantially for the members and are related to the single purpose of social and recreational benefits. (as filed on the Form 990)
- Activity (NTEE)
- N50 Recreation and sports
- IRS classification
- 501(c)07 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Recreation & Sports
- Size band
- 8 (IRS master file code)
- Formed
- 1996
- Principal officer
- Steve Kearns (as named on the Form 990)
- IRS ruling date
- 1 January 1999
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
Most connected
Longest observed on the filings
≥8years on the filingsSteve Kearns
≥7years on the filingsGina Wolcott
≥4years on the filingsJack Bunce
≥4years on the filingsJim Magee
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $43.9m
- Total liabilities
- $5.7m
- Net assets or fund balances
- $38.2m
- Contributions and grants received
- $0
- Program service revenue
- $14.4m
- Employees
- 212
- Volunteers
- 60
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $14.7m | $13.4m | $1.2m |
As filed on the IRS Form 990. US dollars.