Lakeside Country Club
- Assets
- $248.9k
- Revenue
- $480.3k
- Investments
- $0.0
- Employees
- 19
- Location
- Laurens, SC
- Founding
- 04/1970
- Data as of
- 12/2021
- EIN
- 57-0195482
Organization Overview
Lakeside Country Club is located in Laurens, SC. The organization was established in 1970. 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, Lakeside Country Club employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeside Country Club 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, Lakeside Country Club generated $480.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $520.8k during the year ending 12/2021. 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
THE COUNTRY CLUB PROVIDES A POOL, GOLF COURSE, AND DINING ESTABLISHMENT FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF COURSE, SNACK BAR, POOL AREA, AND BAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kris Hornberger Treasurer | OfficerTrustee | $0 | |
David Mccall President | OfficerTrustee | $0 | |
Tommy Pinson Vice Preside | OfficerTrustee | $0 | |
Michael Buhrmaster Board Of Dir | Trustee | $0 | |
Tommy Curry Board Of Dir | Trustee | $0 | |
Jimmy Garret Board Of Dir | Trustee | $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 | $424,718 |
| Investment income | $18 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $18,750 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $36,844 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $480,330 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $227,088 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,846 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,680 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,053 |
| Advertising and promotion | $330 |
| Office expenses | $2,113 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,632 |
| Travel | $418 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,198 |
| Interest | $2,673 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,808 |
| Insurance | $21,530 |
| All other expenses | $26,857 |
| Total functional expenses | $520,771 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,512 |
| Savings and temporary cash investments | $70,216 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,111 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,316 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $148,639 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $116 |
| Total assets | $248,910 |
| Accounts payable and accrued expenses | $455 |
| Grants payable | $0 |
| Deferred revenue | $12,212 |
| 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 | $69,715 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $82,382 |
| Net assets without donor restrictions | $166,528 |
| 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 | $248,910 |
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|---|---|---|
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