Bellehaven Country Club Inc
- Assets
- $40.4m
- Revenue
- $17.1m
- Investments
- $0.0
- Employees
- 290
- Location
- Alexandria, VA
- Founding
- 05/1932
- Data as of
- 09/2021
- EIN
- 54-0138040
Organization Overview
Bellehaven Country Club Inc is located in Alexandria, VA. The organization was established in 1932. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 09/2021, Bellehaven Country Club Inc employed 290 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bellehaven 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 09/2021, Bellehaven Country Club Inc generated $17.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $14.2m during the year ending 09/2021. While expenses have increased by 1.6% per year over the past 6 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
OPERATION OF A COUNTRY CLUB FOR THE BENEFIT OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES A COUNTRY CLUB FOR THE BENEFIT OF MEMBERS, PROVIDING FACILITIES SUCH AS A GOLF COURSE, TENNIS COURTS AND DINING ROOMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christian Potthoff General Manager | Officer | 55 | $403,125 |
Michael D Augustin Greens Superintendent | 55 | $299,539 | |
Brian W Clay Tennis Professional | 55 | $212,699 | |
Steve C Danielson Golf Head Professional | 55 | $185,382 | |
Roger C Lipton CFO | 50 | $158,070 | |
Robert F Heiser President | OfficerTrustee | 10 | $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 | $15,429,013 |
| Investment income | $80,682 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,270 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,574,594 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,085,559 |
| 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. | $458,279 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,412,297 |
| Pension plan accruals and contributions | $39,889 |
| Other employee benefits | $1,013,426 |
| Payroll taxes | $526,869 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,717 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $330,166 |
| Advertising and promotion | $35,378 |
| Office expenses | $346,404 |
| Information technology | $120,477 |
| Royalties | $0 |
| Occupancy | $1,071,229 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,775 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,739,943 |
| Insurance | $110,855 |
| All other expenses | $817,195 |
| Total functional expenses | $14,167,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $400 |
| Savings and temporary cash investments | $8,506,239 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,142,178 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $370,310 |
| Prepaid expenses and deferred charges | $235,677 |
| Net Land, buildings, and equipment | $26,836,698 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,311,442 |
| Total assets | $40,402,944 |
| Accounts payable and accrued expenses | $1,157,980 |
| Grants payable | $0 |
| Deferred revenue | $996,534 |
| 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 | $13,921,506 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,195,208 |
| Total liabilities | $19,271,228 |
| Net assets without donor restrictions | $21,131,716 |
| 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 | $40,402,944 |
Endowment Analysis
| Beg. Balance | $3,229,308 |
| Earnings | $30,149 |
| Net Contributions | $4,823,514 |
| Other Expense | $3,318,643 |
| Ending Balance | $4,764,328 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Myers Park Country Club Inc Charlotte, NC | $50,316,696 | $16,086,490 |
Bethesda Country Club Inc Bethesda, MD | $26,747,430 | $19,774,534 |
Bellehaven Country Club Inc Alexandria, VA | $40,402,944 | $17,085,559 |
North Ridge Country Club Inc Raleigh, NC | $21,783,792 | $13,220,578 |
Willow Oaks Country Club Inc Richmond, VA | $15,889,652 | $10,037,529 |
Memphis Country Club Memphis, TN | $17,898,426 | $9,558,758 |
Eagle Point Golf Club Inc Wilmington, NC | $18,431,345 | $8,325,446 |
Wade Hampton Golf Club Inc Cashiers, NC | $23,418,026 | $9,280,278 |
Kinloch Golf Association Corp ManakinSabot, VA | $45,313,161 | $8,251,750 |
Burning Tree Club Inc Bethesda, MD | $67,642,850 | $7,903,276 |
Old Town Club Inc Winstonsalem, NC | $12,827,032 | $8,211,808 |
Idle Hour Country Club Inc Lexington, KY | $13,827,877 | $6,560,806 |