Civic Intelligence

Wade Hampton Golf Club Inc

990 • Fiscal year 2018 • EIN 56-1518201

Nov 01, 2017 to Oct 31, 2018 • Filed on Sep 12, 2019

PO Box 1920Cashiers, NC 28717

(828) 743-5048

Siviq Scores

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

Liabilities / Assets

47th percentile

0.30x

Higher debt load relative to assets than 47% of similar nonprofits.

2018 filings • 501(c)7 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

58th percentile

0.81x

Higher debt load relative to revenue than 58% of similar nonprofits.

2018 filings • 501(c)7 • $10M-$25M nonprofits • Source year 2018

Net Margin

78th percentile

9.0%

Higher net margin than 78% of similar nonprofits.

2018 filings • 501(c)7 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

69th percentile

$274,152

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2018 filings • 501(c)7 • $10M-$25M nonprofits • Source year 2018

Asset Growth

90th percentile

21%

Faster asset growth than 90% of similar nonprofits.

2018 filings • 501(c)7 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

30th percentile

-0.2%

Faster revenue growth than 30% of similar nonprofits.

2018 filings • 501(c)7 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$23,276,396

Up $3,997,081 (+21%) from 2017

Net Assets

Up

$16,312,766

Up $349,775 (+2.2%) from 2017

Liabilities

Up

$6,963,630

Up $3,647,306 (+110%) from 2017

Revenue

Down

$8,578,566

Down $20,434 (-0.2%) from 2017

Expenses

Up

$7,809,541

Up $1,077,346 (+16%) from 2017

Net Income

Down

$769,025

Down $1,097,780 (-59%) from 2017

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $17,172,017Liabilities 2010: $2,694,861Net Assets 2010: $14,477,1562010Assets 2011: $17,141,442Liabilities 2011: $2,611,334Net Assets 2011: $14,530,1082011Assets 2012: $16,874,759Liabilities 2012: $2,042,553Net Assets 2012: $14,832,2062012Assets 2013: $16,813,662Liabilities 2013: $2,423,107Net Assets 2013: $14,390,5552013Assets 2014: $16,223,535Liabilities 2014: $1,864,201Net Assets 2014: $14,359,3342014Assets 2015: $15,941,099Liabilities 2015: $1,632,311Net Assets 2015: $14,308,7882015Assets 2016: $16,562,981Liabilities 2016: $2,093,795Net Assets 2016: $14,469,1862016Assets 2017: $19,279,315Liabilities 2017: $3,316,324Net Assets 2017: $15,962,9912017Assets 2018: $23,276,396Liabilities 2018: $6,963,630Net Assets 2018: $16,312,7662018Assets 2019: $24,652,755Liabilities 2019: $7,383,822Net Assets 2019: $17,268,9332019Assets 2020: $23,910,774Liabilities 2020: $14,973,608Net Assets 2020: $8,937,1662020Assets 2021: $23,418,026Liabilities 2021: $13,416,941Net Assets 2021: $10,001,0852021Assets 2022: $23,282,994Liabilities 2022: $11,780,197Net Assets 2022: $11,502,7972022Assets 2023: $26,843,468Liabilities 2023: $14,483,483Net Assets 2023: $12,359,9852023Assets 2024: $30,984,404Liabilities 2024: $18,578,733Net Assets 2024: $12,405,6712024

Highlighted filing

2018

Assets$23,276,396
Liabilities$6,963,630
Net Assets$16,312,766

Operations Trend

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

$15M$10M$5.0M$0Expenses 2010: $5,611,6152010Expenses 2011: $5,810,6592011Expenses 2012: $5,801,5852012Expenses 2013: $6,816,6422013Revenue 2014: $6,622,072Expenses 2014: $6,273,893Net Income 2014: $348,1792014Revenue 2015: $6,627,994Expenses 2015: $6,464,790Net Income 2015: $163,2042015Revenue 2016: $6,986,012Expenses 2016: $6,579,114Net Income 2016: $406,8982016Revenue 2017: $8,599,000Expenses 2017: $6,732,195Net Income 2017: $1,866,8052017Revenue 2018: $8,578,566Expenses 2018: $7,809,541Net Income 2018: $769,0252018Revenue 2019: $8,592,229Expenses 2019: $7,402,310Net Income 2019: $1,189,9192019Revenue 2020: $9,064,405Expenses 2020: $7,742,361Net Income 2020: $1,322,0442020Revenue 2021: $9,280,278Expenses 2021: $7,838,799Net Income 2021: $1,441,4792021Revenue 2022: $9,914,519Expenses 2022: $8,370,297Net Income 2022: $1,544,2222022Revenue 2023: $11,046,179Expenses 2023: $9,498,991Net Income 2023: $1,547,1882023Revenue 2024: $11,105,109Expenses 2024: $9,757,673Net Income 2024: $1,347,4362024

Highlighted filing

2018

Revenue$8,578,566
Expenses$7,809,541
Net Income$769,025
Jump To
Filing Snapshot
Filing Period
Nov 1, 2017 to Oct 31, 2018
Signed
Sep 12, 2019
Return Version
2017v2.3
Gross Receipts
$9,458,977
Mission and Program Overview

Mission

Wade hampton golf club provides a superb golf course and complementary clubhouse facility for the use, entertainment, and enjoyment of its members, their families, and guests.

Provide golf and clubhouse facilities to members

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,780,469$22,689,667▲ $3,909,198
Rtn Earn Endowment Incm Other Fnds$15,962,991$16,312,766▲ $349,775
Inventories for Sale or Use$200,835$290,759▲ $89,924
Accounts Receivable$49,620$274,524▲ $224,904
Cash and Non-Interest-Bearing Accounts$197,347$16,872▼ $180,475
Savings and Temporary Cash Investments$49,768$3,298▼ $46,470
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$19,279,315$23,276,396▲ $3,997,081
Other Assets Total$1,276$1,276→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,473,246$5,800,910▲ $4,327,664
Other Liabilities$730,756$538,273▼ $192,483
Accounts Payable and Accrued Expenses$979,391$526,281▼ $453,110
Deferred Revenue$132,931$98,166▼ $34,765
Total Liabilities$3,316,324$6,963,630▲ $3,647,306
Net Assets / Fund Balance
Total Net Assets Fund Balance$15,962,991$16,312,766▲ $349,775
Total Liabilities and Net Assets / Fund Balance$19,279,315$23,276,396▲ $3,997,081

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$12,900,554$7,935,851$20,836,405
Land$6,541,145-$6,541,145
Buildings$1,902,102$3,979,037$5,881,139
Equipment$1,345,866$2,815,440$4,161,306
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John E FosterGm/CEOFT$225,913$48,239$274,152
Thomas a Bailey IvDirector of Golf Course OperationsFT$184,392$36,578$220,970
Louis P Mathews IiiDirector of GolfFT$170,214$45,744$215,958
Bradford D SampeyExecutive ChefFT$115,187$10,929$126,116

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Mcdonald & SonsGolf Course WorkPO BOX 206, Jessup, MD 20794$2,496,708
Triple H Services LLCGolf Course WorkersPO BOX 639, Newland, NC 28657$782,177
Owen PavingPavingPO BOX 2161, Fletcher, NC 28732$777,267
Tri-state Pump & Controls INCSupplies1162 CHASTAIN ROAD, Liberty, SC 29657$265,306
James MathisGolf Course WorkPO BOX 274, Tuckasegee, NC 28783$185,800
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,421,462
Investment Income
$1
Other Revenue
$157,103
Change in Net Assets
$769,025

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,159,316
Revenue Not Reported on Financial Statements
$419,250
Revenue Not Reported on Form 990
$880,411
Other Revenue Adjustments
$419,250
Total Revenue per Audited Statements
$9,039,727
Total Revenue per Form 990
$8,578,566
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,577,278
Salaries, Compensation, and Employee Benefits$3,230,263
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$2,514,271
Depreciation Depletion---$1,263,579
Office Expenses---$842,048
Fees for Services Other---$690,716
Occupancy---$316,393
Current Officers, Directors, Trustees, and Key Employees---$274,152
Interest---$206,549
Other Employee Benefits---$197,352
Payroll Taxes---$187,102
Insurance---$72,239
Other Expenses---$62,688
Pension Plan Contributions---$57,386
Travel---$30,817
Fees for Services Accounting---$19,150
Advertising---$6,321
Conferences and Meetings---$5,199
Grants to Domestic Individuals---$2,000
Total Functional Expenses$0$0$0$7,809,541

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,689,952
Expenses per Audited Statements$7,809,541
Total Expenses per Form 990$7,809,541
Expenses Not Reported on Form 990$880,411
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Capital Lease Obligations$538,273
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The club shall have the following classes of members, designated full regular members, provisional regular members, double eagle members, associate regular members,senior members, non-resident members, non-golfing members, special members, honorary members, and reserved members. Reserved members have no membership privileges. Double eagle members, non-resident members, non-golfing members, reserved members, special members, and honorary members are not entitled to vote in meetings for the members or hold office in the club.

Form 990, Part VI, Section A, Line 7A

The affairs of the corporation are managed by its board of directors. Directors are and shall be elected at the annual meeting of the members.

Form 990, Part VI, Section A, Line 7B

Changes to the organization's bylaws, assessments, and annual indemnifications are subject to the approval of the members.

Form 990, Part VI, Section B, Line 11B

The return was prepared by an independent accounting firm with assistance and oversight by management. Upon completion, the return was reviewed by management and certain officers of the organization.

Form 990, Part VI, Section B, Line 12C

All directors and management officials are required to sign a conflict of interest questionnaire annually, which is collected by a designated member of the board and documented. Potential conflicts of interest are discussed prior to any major vote or decision involving interested parties.

Form 990, Part VI, Section B, Line 15

The board of directors conducts a review of the salary of officers and department heads and compares them to the salaries of similar positions of similar clubs.

Form 990, Part VI, Section C, Line 18

Photocopies of the form 990 are available upon request at the organization's administrative office. In addition, recent filings of the form 990 are available online at www.guidestar.org.

Form 990, Part VI, Section C, Line 19

Photocopies of the organization's governing documents, financial statements, and conflict of interest policy are available for inspection upon request at the organization's administrative office.

Filing and Contact Details

Filer

Filer Name
Wade Hampton Golf Club Inc
EIN
56-1518201
Phone
8287435048
Address
PO BOX 1920, CASHIERS, NC 28717

Signing Officer

Name
John E Foster
Title
Gm/CEO
Phone
8287435048
Signed
2019-09-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John E Foster
Formed
1986
Legal Domicile
Nc
Voting Board Members
11
Independent Board Members
11
Employees
67
Volunteers
0

Preparer

Firm
Dixon Hughes Goodman Llp
Address
500 RIDGEFIELD COURT, ASHEVILLE, NC 28806
Preparer
Amy Bibby
Phone
8282542254
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Net special assessments to membership equity -419,250.

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The club has obtained non-profit status under internal revenue code section 501(c)(7) and is tax exempt except for unrelated business income. The club has determined that it does not have any material unrecognized tax benefits or obligations as of october 31, 2018. The club is exempt from federal and state income taxes under the internal revenue code, section 501(c)(7), except for unrelated business income subject to federal and state income tax. There was no unrelated business income tax paid in 2018 and 2017.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 175,543. Cost of goods sold 704,868.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Net special assessments to membership equity 419,250.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 175,543. Cost of goods sold 704,868.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11245913
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12206392
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13201573
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14115187
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11GM/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR OF GOLF COURSE OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF GOLF
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE CHEF
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt09458977
IRS990/GrossReceiptsForPublicUseAmt0154698
IRS990/GrossRentsGrp/RealAmt070355
IRS990/GrossSalesOfInventoryAmt0962178
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt04
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InitiationFeesAndCapContriAmt02505824
IRS990/InsuranceGrp/TotalAmt072239
IRS990/InterestGrp/TotalAmt0206549
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0200835
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0290759
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt01
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt014730328
IRS990/LandBldgEquipBasisNetGrp/BOYAmt018780469
IRS990/LandBldgEquipBasisNetGrp/EOYAmt022689667
IRS990/LandBldgEquipCostOrOtherBssAmt037419995
IRS990/LegalDomicileStateCd0NC
IRS990/LessRentalExpensesGrp/RealAmt0175543
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WADE HAMPTON GOLF CLUB PROVIDES A SUPERB GOLF COURSE AND COMPLEMENTARY CLUBHOUSE FACILITY FOR THE USE, ENTERTAINMENT, AND ENJOYMENT OF ITS MEMBERS, THEIR FAMILIES, AND GUESTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01473246
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05800910
IRS990/NetAssetsOrFundBalancesBOYAmt015962991
IRS990/NetAssetsOrFundBalancesEOYAmt016312766
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0211775
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0257310
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt045535
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0-105188
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-105188
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt0316393
IRS990/OfficeExpensesGrp/TotalAmt0842048
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01276
IRS990/OtherAssetsTotalGrp/EOYAmt01276
IRS990/OtherChangesInNetAssetsAmt0-419250
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0197352
IRS990/OtherExpensesGrp/Desc0GROUNDS BEAUTIFICATION
IRS990/OtherExpensesGrp/Desc1TOURNAMENT EXPENSES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc3MEMBER RELATIONS
IRS990/OtherExpensesGrp/TotalAmt0754510
IRS990/OtherExpensesGrp/TotalAmt1199521
IRS990/OtherExpensesGrp/TotalAmt2107548
IRS990/OtherExpensesGrp/TotalAmt362688
IRS990/OtherLiabilitiesGrp/BOYAmt0730756
IRS990/OtherLiabilitiesGrp/EOYAmt0538273
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC. INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04981
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04981
IRS990/OtherRevenueTotalAmt04981
IRS990/OtherSalariesAndWagesGrp/TotalAmt02514271
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0187102
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt057386
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN E FOSTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/BusinessCd1713910
IRS990/ProgramServiceRevenueGrp/BusinessCd2713910
IRS990/ProgramServiceRevenueGrp/BusinessCd3713910
IRS990/ProgramServiceRevenueGrp/BusinessCd4713910
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1INITIATION FEES
IRS990/ProgramServiceRevenueGrp/Desc2GREENS/CARTS/CADDY FEES
IRS990/ProgramServiceRevenueGrp/Desc3ASSESSMENT
IRS990/ProgramServiceRevenueGrp/Desc4TOURNAMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04607362
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12505824
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2593475
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3328625
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4215211
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04607362
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12505824
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2748173
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3328625
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4215211
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0154698
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01
IRS990/PYOtherExpensesAmt04031328
IRS990/PYOtherRevenueAmt0136369
IRS990/PYProgramServiceRevenueAmt08462630
IRS990/PYRevenuesLessExpensesAmt01866805
IRS990/PYSalariesCompEmpBnftPaidAmt02700867
IRS990/PYTotalExpensesAmt06732195
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08599000
IRS990/ReconcilationRevenueExpnssAmt0769025
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-105188
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt015962991
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt016312766
IRS990/SavingsAndTempCashInvstGrp/BOYAmt049768
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03298
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01902102
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03979037
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05881139
IRS990ScheduleD/EquipmentGrp/BookValueAmt01345866
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02815440
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04161306
IRS990ScheduleD/ExpensesNotReportedAmt0880411
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07809541
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt06541145
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt06541145
IRS990ScheduleD/OtherExpensesIncludedAmt0880411
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt012900554
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07935851
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt020836405
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0538273
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE OBLIGATIONS
IRS990ScheduleD/OtherRevenueAmt0880411
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0419250
IRS990ScheduleD/RevenueNotReportedAmt0880411
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0419250
IRS990ScheduleD/RevenueSubtotalAmt08159316
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CLUB HAS OBTAINED NON-PROFIT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(7) AND IS TAX EXEMPT EXCEPT FOR UNRELATED BUSINESS INCOME. THE CLUB HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF OCTOBER 31, 2018. THE CLUB IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(7), EXCEPT FOR UNRELATED BUSINESS INCOME SUBJECT TO FEDERAL AND STATE INCOME TAX. THERE WAS NO UNRELATED BUSINESS INCOME TAX PAID IN 2018 AND 2017.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES 175,543. COST OF GOODS SOLD 704,868.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2NET SPECIAL ASSESSMENTS TO MEMBERSHIP EQUITY 419,250.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3RENTAL EXPENSES 175,543. COST OF GOODS SOLD 704,868.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022689667
IRS990ScheduleD/TotalExpensesPerForm990Amt07809541
IRS990ScheduleD/TotalLiabilityAmt0538273
IRS990ScheduleD/TotalRevenuePerForm990Amt08578566
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09039727
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08689952
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0225913
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1184392

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.0$18.6$12.4$11.1$9.76$1.35
2023Detailed filing. Detailed filing data is available for this year.$26.8$14.5$12.4$11.0$9.50$1.55
2022Detailed filing. Detailed filing data is available for this year.$23.3$11.8$11.5$9.91$8.37$1.54
2021Detailed filing. Detailed filing data is available for this year.$23.4$13.4$10.0$9.28$7.84$1.44
2020Detailed filing. Detailed filing data is available for this year.$23.9$15.0$8.94$9.06$7.74$1.32
2019Detailed filing. Detailed filing data is available for this year.$24.7$7.38$17.3$8.59$7.40$1.19
2018Detailed filing. Detailed filing data is available for this year.$23.3$6.96$16.3$8.58$7.81$0.77
2017Detailed filing. Detailed filing data is available for this year.$19.3$3.32$16.0$8.60$6.73$1.87
2016Detailed filing. Detailed filing data is available for this year.$16.6$2.09$14.5$6.99$6.58$0.41
2015Detailed filing. Detailed filing data is available for this year.$15.9$1.63$14.3$6.63$6.46$0.16
2014Detailed filing. Detailed filing data is available for this year.$16.2$1.86$14.4$6.62$6.27$0.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$2.42$14.4$6.82
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.9$2.04$14.8$5.80
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.1$2.61$14.5$5.81
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.2$2.69$14.5$5.61