Ironwood Golf & Country Club
- Assets
- $6.9m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 68
- Location
- Greenville, NC
- Founding
- Data as of
- 12/2016
- EIN
- 27-5061497
Organization Overview
Ironwood Golf & Country Club is located in Greenville, NC. As of 12/2016, Ironwood Golf & Country Club employed 68 individuals. Ironwood Golf & Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE THE FINEST LEVEL OF COUNTRY CLUB LIVING IN THE GREENVILLE MARKET.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF THE GOLF & COUNTRY CLUB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wilson Brown President | OfficerTrustee | 1 | $0 |
Kristopher Arnold Vice President | OfficerTrustee | 1 | $0 |
Gayle Sisler Secretary | OfficerTrustee | 1 | $0 |
Jerry Davis Treasurer | OfficerTrustee | 1 | $0 |
John Conway Board Of Directors | Trustee | 1 | $0 |
Brian Edgerton Board Of Directors | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,864 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,864 |
| Total Program Service Revenue | $1,245,169 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,052 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $201,531 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,466,512 |
| 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. | $84,826 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $669,904 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,717 |
| Payroll taxes | $67,260 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,869 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,250 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $138,106 |
| Insurance | $38,906 |
| All other expenses | $35,791 |
| Total functional expenses | $1,540,831 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $253,733 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $58,621 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $69,094 |
| Prepaid expenses and deferred charges | $13,288 |
| Net Land, buildings, and equipment | $6,512,187 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,906,923 |
| Accounts payable and accrued expenses | $237,637 |
| Grants payable | $0 |
| Deferred revenue | $16,893 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $152,222 |
| Total liabilities | $406,752 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $6,500,171 |