Country Club Of Spartanburg is located in Spartanburg, SC. The organization was established in 1940. As of 12/2022, Country Club Of Spartanburg employed 116 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Country Club Of Spartanburg 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, Country Club Of Spartanburg generated $5.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $5.7m during the year ending 12/2022. While expenses have increased by 4.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PRIVATE SOCIAL CLUB OPERATING FOR THE RECREATIONAL AND SOCIAL PURPOSES OF ITS MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF COURSE - PROVIDES ENTERTAINMENT FOR MEMBERS THROUGH GOLF OPERATIONS
RESTAURANT/LOUNGE - PROVIDES FOOD AND BEVERAGES FOR MEMBERS
SWIMMING/TENNIS - PROVIDES ENTERTAINMENT FOR MEMBERS THROUGH SWIMMING AND TENNIS OPERATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Haissam Baityeh COO | Officer | 50 | $179,114 |
Tim Pope President | OfficerTrustee | 4 | $0 |
David Johnson VP | OfficerTrustee | 2 | $0 |
Fran Dunn Secretary | OfficerTrustee | 2 | $0 |
Ashley Langley Treasurer | OfficerTrustee | 2 | $0 |
Mark Blackman Board Member | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Cornelius Jordan Pro Shop Services | 12/30/17 | $265,175 |
Tom Mcallister Golf Shop Pro Shop Services | 12/30/17 | $170,850 |
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 | $5,584,615 |
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 | $76,416 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,661,031 |
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. | $466,667 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,642,468 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $225,113 |
Payroll taxes | $182,691 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,183 |
Fees for services: Accounting | $60,005 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $215,262 |
Advertising and promotion | $0 |
Office expenses | $15,258 |
Information technology | $58,511 |
Royalties | $0 |
Occupancy | $336,650 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $22,936 |
Interest | $85,752 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $480,380 |
Insurance | $107,349 |
All other expenses | $333,040 |
Total functional expenses | $5,698,452 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $164,433 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $219,729 |
Accounts receivable, net | $603,840 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $325,912 |
Prepaid expenses and deferred charges | $10,265 |
Net Land, buildings, and equipment | $6,080,633 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $7,404,812 |
Accounts payable and accrued expenses | $302,936 |
Grants payable | $0 |
Deferred revenue | $308,281 |
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 | $1,993,761 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,604,978 |
Net assets without donor restrictions | $4,799,834 |
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 | $7,404,812 |
Organization Name | Assets | Revenue |
---|---|---|
Chapel Hill Country Club Inc Chapel Hill, NC | $16,608,127 | $10,926,347 |
Lake Hickory Country Club Inc Hickory, NC | $7,262,963 | $6,092,840 |
Country Club Of Spartanburg Spartanburg, SC | $7,404,812 | $5,661,031 |
Coosa Country Club Corp Rome, GA | $13,174,494 | $7,318,444 |
Prestwood Country Club Hartsville, SC | $239,002 | $274,870 |