Piedmont Club

Organization Overview

Piedmont Club is located in Spartanburg, SC. The organization was established in 1943. 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, Piedmont Club employed 96 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Piedmont 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, Piedmont Club generated $3.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FOR AND PROMOTE SOCIAL FELLOWSHIP FOR MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE SOCIAL FELLOWSHIP, FURNISH A PLACE FOR MEETINGS AND AMUSEMENTS, AND PROVIDE MEALS AND REFRESHMENTS FOR MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
Peter M Grzan
General Manager/coo
$149,001
Ronald M Fields Jr
Secretary/treasurer
$10,500
J Grier Bomar
President
$0
David M Beacham
Vice President
$0
Andrew M Babb
Director
$0
V C Bailey IV
Director
$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$3,605,343
Investment income $35,127
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 $3,640,470

Peer Organizations

Organization NameAssets
Myers Park Country Club Inc
Charlotte, NC
$16,086,490
North Ridge Country Club Inc
Raleigh, NC
$13,220,578
George Walton Academy Inc
Monroe, GA
$12,032,755
Forest Lake Club
Columbia, SC
$10,657,455
Eagle Point Golf Club Inc
Wilmington, NC
$8,325,446
Dataw Island Club Inc
Beaufort, SC
$8,525,272
Wade Hampton Golf Club Inc
Cashiers, NC
$9,280,278
Old Town Club Inc
Winstonsalem, NC
$8,211,808
Vor Club Corporation
Charlotte, NC
$7,496,900
Standard Club
Johns Creek, GA
$5,650,853
Old Chatham Golf Club
Durham, NC
$7,510,404
Oldfield Club
Okatie, SC
$7,833,609

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