Cattail Creek Country Club
- Assets
- $20.8m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 222
- Location
- Glenwood, MD
- Founding
- Data as of
- 12/2022
- EIN
- 52-1736733
Organization Overview
Cattail Creek Country Club is located in Glenwood, MD. As of 12/2022, Cattail Creek Country Club employed 222 individuals. Cattail Creek Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Cattail Creek Country Club generated $8.8m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $8.9m during the year ending 12/2022. While expenses have increased by 12.2% per year over the past 3 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FACILITIES TO PLAY GOLF AND OTHER RECREATIONAL ACTIVITIES AND TO MAINTAIN A CLUBHOUSE WITH DINING FACILITIES FOR THE BENEFIT OF ITS MEMBERS AND THEIR GUESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLUB TAX EXEMPT ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Schrenk Past President & Director | OfficerTrustee | 3 | $0 |
Scott Segrist President & Director | OfficerTrustee | 3 | $0 |
Lurdes Abruscato Vice President & Director | OfficerTrustee | 3 | $0 |
Andrew Schickner Treasurer & Director | OfficerTrustee | 3 | $0 |
Dave Gruber Secretary & Director | Trustee | 3 | $0 |
Franz Henggeler Director | Trustee | 3 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,415,780 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,383,603 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,799,383 |
| 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. | $332,885 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,326,500 |
| Pension plan accruals and contributions | $54,572 |
| Other employee benefits | $178,446 |
| Payroll taxes | $289,947 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $970 |
| Fees for services: Accounting | $131,336 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $286,566 |
| Advertising and promotion | $29,599 |
| Office expenses | $322,632 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $461,852 |
| Travel | $5,863 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $311,024 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $829,082 |
| Insurance | $87,023 |
| All other expenses | $0 |
| Total functional expenses | $8,927,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,141,738 |
| Savings and temporary cash investments | $487,909 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $834,066 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $561,746 |
| Prepaid expenses and deferred charges | $10,702 |
| Net Land, buildings, and equipment | $16,770,473 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $20,806,634 |
| Accounts payable and accrued expenses | $503,647 |
| Grants payable | $0 |
| Deferred revenue | $1,596,304 |
| 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 | $8,802,268 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,152,060 |
| Total liabilities | $13,054,279 |
| Net assets without donor restrictions | $7,752,355 |
| 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 | $20,806,634 |