North Hills Club Inc is located in Raleigh, NC. The organization was established in 1963. 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 12/2021, North Hills Club Inc employed 134 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Hills 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, North Hills Club Inc generated $5.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $4.8m during the year ending 12/2021. While expenses have increased by 2.1% 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
DINING, SWIMMING, TENNIS, SOCIAL AND WELLNESS ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SWIMMING POOL, SWIMMING AND DIVING AVAILABLE TO ALL MEMBERS
TENNIS FACILITIES, CLINICS, AND TOURNAMENTS AVAILABLE TO ALL MEMBERS
CLUB FACILITIES AVAILABLE TO ALL MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Wilkening Chief Operating Officer | Officer | 50 | $148,095 |
Murillo Pelegrino Assistant Director Of Tennis | 50 | $121,739 | |
Jason Kinder Director Of Tennis | 50 | $120,482 | |
Gayle Radford Chief Financial Officer | 50 | $108,525 | |
Mark Nordman Chief Operating Officer | Officer | 50 | $53,635 |
Jay Risinger President | OfficerTrustee | 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 | $5,142,957 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,865,466 |
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. | $198,231 |
Compensation of current officers, directors, key employees. | $69,381 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,101,082 |
Pension plan accruals and contributions | $24,510 |
Other employee benefits | $172,446 |
Payroll taxes | $196,030 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $59,129 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,972 |
Advertising and promotion | $0 |
Office expenses | $22,642 |
Information technology | $92,790 |
Royalties | $0 |
Occupancy | $447,880 |
Travel | $1,517 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $75,274 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $487,035 |
Insurance | $0 |
All other expenses | $113,491 |
Total functional expenses | $4,752,137 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,622,309 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $712,967 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $119,431 |
Prepaid expenses and deferred charges | $81,910 |
Net Land, buildings, and equipment | $6,528,279 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,064,896 |
Accounts payable and accrued expenses | $418,369 |
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 | $2,218,750 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $19,180 |
Total liabilities | $2,656,299 |
Net assets without donor restrictions | $0 |
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 | $6,408,597 |
Total liabilities and net assets/fund balances | $9,064,896 |
Organization Name | Assets | Revenue |
---|---|---|
Myers Park Country Club Inc Charlotte, NC | $50,316,696 | $16,086,490 |
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 |
George Walton Academy Inc Monroe, GA | $18,498,422 | $12,032,755 |
Willow Oaks Country Club Inc Richmond, VA | $15,889,652 | $10,037,529 |
Forest Lake Club Columbia, SC | $17,782,694 | $10,657,455 |
Memphis Country Club Memphis, TN | $17,898,426 | $9,558,758 |
Eagle Point Golf Club Inc Wilmington, NC | $18,431,345 | $8,325,446 |
Dataw Island Club Inc Beaufort, SC | $27,067,751 | $8,525,272 |
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 |
Old Town Club Inc Winstonsalem, NC | $12,827,032 | $8,211,808 |