Catawba Country Club Inc

Organization Overview

Catawba Country Club Inc is located in Newton, NC. The organization was established in 1953. 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 06/2024, Catawba Country Club Inc employed 131 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catawba 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 06/2024, Catawba Country Club Inc generated $3.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $3.4m during the year ending 06/2024. While expenses have increased by 9.9% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

CATAWBA COUNTRY CLUB IS A MEMBER OWNED PRIVATE COUNTRY CLUB SERVING THE GREATER CATAWBA COUNTY AREA. THE CLUB PROVIDES HIGH QUALITY, VALUE ORIENTED FACILITIES AND SERVICES TO MEET THE SOCIAL AND RECREATIONAL NEEDS OF THE FAMILIES IN THE AREA, INCLUDING GOLF, DINING, TENNIS AND SWIMMING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE COUNTRY CLUB PROVIDES GOLF COURSE, TENNIS AND POOL ACTIVITIES TO ITS MEMBERS IN ACCORDANCE WITH ITS TAX EXEMPT FUNCTION.


THE COUNTRY CLUB PROVIDES DINING ROOM AND BAR FACILITIES TO ITS MEMBERS IN ACCORDANCE WITH ITS TAX EXEMPT FUNCTION.


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Board, Officers & Key Employees

Name (title)Compensation
Peter Henderson
Board Of Directors
$0
Greg Padgett
President
$0
Kenneth Lowe
Vice President
$0
Randy Good
Secretary
$0
Ryan Edwards
Treasurer
$0
Brian Leonard
Board Of Directors
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$2,279,072
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 $57,250
Total Revenue from Contributions, Gifts, Grants & Similar$2,279,072
Total Program Service Revenue$640,702
Investment income $43,483
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 $676,726
Miscellaneous Revenue$0
Total Revenue $3,639,983

Peer Organizations

Organization NameAssets
Belle Meade Country Club
Nashville, TN
$19,135,002
Carolina Country Club Company
Raleigh, NC
$18,276,658
Greenville Country Club
Greenville, SC
$17,958,837
Hillwood Country Club
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$23,593,648
Westwood Country Club Inc
Vienna, VA
$17,656,142
Dunwoody Country Club Inc
Atlanta, GA
$15,482,125
Augusta Country Club Incorporated
Augusta, GA
$16,178,641
River Bend Golf & Country Club Inc
Great Falls, VA
$12,131,134
Forsyth Country Club Co
Winstonsalem, NC
$16,184,642
Sigma Gamma Rho Sorority Inc
Cary, NC
$13,810,784
Hermitage Country Club Inc
Manakinsabot, VA
$15,015,159
Marietta Country Club Inc
Kennesaw, GA
$14,937,112
Sea Pines Country Club Inc
Hilton Head Island, SC
$11,676,135
International Town-Country Club Inc
Fairfax, VA
$13,922,516
Mid-Eastern Athletic Conference
Norfolk, VA
$10,914,960
Princess Anne Country Club Inc
Virginia Beach, VA
$11,965,009
Robert Trent Jones Golf Club Inc
Gainesville, VA
$13,409,216
Cherokee Country Club
Knoxville, TN
$13,291,294
Cape Fear Country Club Inc
Wilmington, NC
$11,737,458
Atlanta Country Club Inc
Marietta, GA
$8,637,692
Cavalier Golf & Yacht Club
Virginia Beach, VA
$10,134,004
Athens Country Club Inc
Athens, GA
$8,889,098
Country Club Of Fairfax Inc
Fairfax, VA
$10,892,810
Springfield Golf And Country Club Inc
Springfield, VA
$10,622,223
Roaring Gap Club Inc
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$10,456,792

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