Highlands Country Club Inc
- Assets
- $31.2m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 170
- Location
- Highlands, NC
- Founding
- 05/1985
- Data as of
- 12/2021
- EIN
- 56-1304056
Organization Overview
Highlands Country Club Inc is located in Highlands, NC. The organization was established in 1985. 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, Highlands Country Club Inc employed 170 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Highlands 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, Highlands Country Club Inc generated $9.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $8.1m during the year ending 12/2021. While expenses have increased by 2.9% 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
SOCIAL COUNTRY CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
NON-PROFIT COUNTRY CLUB PROVIDING GOLF, TENNIS, SWIMMING, HEALTH, AND DINING FACILITIES FOR ITS MEMBERS AND GUESTS ONLY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Crawford General Manager | Officer | 40 | $321,398 |
Brian Stiehler Golf Course Superint. | Officer | 40 | $242,007 |
Ken Mattis Head Golf Professional | Officer | 40 | $165,706 |
Bryant Withers Executive Chef | 40 | $138,897 | |
Debbie Brock Controller | Officer | 40 | $125,074 |
John Suthers President (jan - Aug) | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Green Tee Golf Inc Golf Course Improvements | 12/30/21 | $611,905 |
Highlands Country Club Community Associa Security Services | 12/30/21 | $160,232 |
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 | $8,455,293 |
| Investment income | $13,261 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $70,626 |
| Net Gain/Loss on Asset Sales | -$270 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $774,736 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,314,948 |
| 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. | $993,943 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $32,336 |
| Other salaries and wages | $2,251,232 |
| Pension plan accruals and contributions | $151,985 |
| Other employee benefits | $336,011 |
| Payroll taxes | $432,794 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $229,013 |
| Advertising and promotion | $0 |
| Office expenses | $941,427 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $680,616 |
| Travel | $43,744 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $70,295 |
| Interest | $17,993 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,336,689 |
| Insurance | $101,699 |
| All other expenses | $4,308 |
| Total functional expenses | $8,125,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,657,099 |
| Savings and temporary cash investments | $607,809 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $590,161 |
| Loans from Officers, Directors, or Controlling Persons | $43,039 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $150,384 |
| Inventories for sale or use | $625,089 |
| Prepaid expenses and deferred charges | $155,652 |
| Net Land, buildings, and equipment | $24,615,480 |
| Investments—publicly traded securities | $754,496 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,207 |
| Other assets | $0 |
| Total assets | $31,203,416 |
| Accounts payable and accrued expenses | $836,855 |
| Grants payable | $0 |
| Deferred revenue | $17,491,781 |
| 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 | $289,967 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,618,603 |
| Net assets without donor restrictions | $12,584,813 |
| 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 | $31,203,416 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Highlands Country Club Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Farmer Lee Foundation Inc Athens, GA PURPOSE: TO PROMOTE A FAMILY ENVIRONMENT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Farmington Country Club Inc Charlottesville, VA | $52,436,644 | $25,257,129 |
Ansley Golf Club Atlanta, GA | $48,365,690 | $21,052,650 |
Washington Golf And Country Club Inc Arlington, VA | $48,455,931 | $21,067,505 |
Charlotte Country Club Inc Charlotte, NC | $46,999,419 | $24,642,018 |
Carolina Country Club Company Raleigh, NC | $25,311,282 | $14,725,345 |
Alpha Delta Pi Sorority Atlanta, GA | $18,755,038 | $19,005,623 |
Greenville Country Club Greenville, SC | $30,935,703 | $16,712,012 |
Dunwoody Country Club Inc Atlanta, GA | $25,487,572 | $16,307,962 |
Hillwood Country Club Nashville, TN | $28,189,115 | $15,197,355 |
Belle Meade Country Club Nashville, TN | $42,979,255 | $14,973,436 |
Augusta Country Club Incorporated Augusta, GA | $39,567,278 | $12,683,205 |
River Bend Golf & Country Club Inc Great Falls, VA | $31,856,555 | $12,190,244 |