Rolling Hills Country Club Inc is located in Newburgh, IN. The organization was established in 1969. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Rolling Hills Country Club Inc employed 177 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rolling Hills Country Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Rolling Hills Country Club Inc generated $3.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP, OPERATE & MAINTAIN A FAMILY ORIENTED COUNTRY CLUB FOR THE BENEFITS OF ITS MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE AND MAINTAIN FAMILY COUNTRY CLUB FOR ITS MEMBERS IN A MANNER COMPATIBLE WITH HIGH STANDARDS OF LIVING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Earl Borders President | OfficerTrustee | 2 | $0 |
Keneth Gamblin Secretary | OfficerTrustee | 2 | $0 |
Keith Kirkland Vice Pres | OfficerTrustee | 2 | $0 |
Andrew Thacker Tresurer | OfficerTrustee | 2 | $0 |
Devon Cook Director | Trustee | 1 | $0 |
Kelly Dearmond Director | Trustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $2,832,137 |
Investment income | $4,278 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $125,641 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $319,156 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,657,293 |
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. | $72,871 |
Compensation of current officers, directors, key employees. | $3,644 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $766,736 |
Pension plan accruals and contributions | $15,830 |
Other employee benefits | $53,160 |
Payroll taxes | $77,789 |
Fees for services: Management | $0 |
Fees for services: Legal | $18,267 |
Fees for services: Accounting | $5,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $32,595 |
Office expenses | $7,353 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $768,360 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,970 |
Interest | $142,710 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $348,260 |
Insurance | $75,568 |
All other expenses | $5,842 |
Total functional expenses | $2,449,238 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $703,141 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $190,138 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $689,927 |
Inventories for sale or use | $39,812 |
Prepaid expenses and deferred charges | $25,399 |
Net Land, buildings, and equipment | $3,507,994 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,225 |
Total assets | $5,159,636 |
Accounts payable and accrued expenses | $599,136 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $3,380,767 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $3,979,903 |
Net assets without donor restrictions | $1,179,733 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,159,636 |
Organization Name | Assets | Revenue |
---|---|---|
Union League Club Of Chicago Chicago, IL | $26,749,429 | $20,158,030 |
Missouri Athletic Club St Louis, MO | $22,640,194 | $18,091,674 |
Alpha Chi Omega Fraternity Inc Indianapolis, IN | $29,119,055 | $16,507,869 |
Butterfield Country Club Oak Brook, IL | $37,524,568 | $14,281,799 |
University Club Of Chicago Chicago, IL | $40,558,650 | $14,990,991 |
Bellerive Country Club Saint Louis, MO | $30,118,733 | $15,442,843 |
Alpha Chi Omega National Housing Corporation Indianapolis, IN | $68,106,791 | $16,027,721 |
National Association Of Intercollegiate Athletics Kansas City, MO | $12,204,653 | $13,287,204 |
Big Spring Country Club Inc Louisville, KY | $27,849,226 | $12,028,840 |
Westmoreland Country Club Wilmette, IL | $31,536,434 | $12,960,463 |
St Louis Country Club Saint Louis, MO | $23,333,122 | $12,315,220 |
Skokie Country Club Glencoe, IL | $25,480,990 | $12,823,319 |