Holly Tree Country Club Inc
- Assets
- $7.7m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 156
- Location
- Simpsonville, SC
- Founding
- 08/1989
- Data as of
- 03/2024
- EIN
- 57-0863116
Organization Overview
Holly Tree Country Club Inc is located in Simpsonville, SC. The organization was established in 1989. 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 03/2024, Holly Tree Country Club Inc employed 156 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holly Tree 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 03/2024, Holly Tree Country Club Inc generated $4.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $3.8m during the year ending 03/2024. While expenses have increased by 4.4% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
RECREATIONAL SOCIAL CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOLLY TREE COUNTRY CLUB IS A 501(C)(7) ORGANIZATION WHOSE ACTIVITIES ARE SOLELY FOR PLEASURE AND RECREATIONAL PURPOSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Jackson General Manager | Officer | 40 | $166,209 |
Bobby Graydon Director | Trustee | 1 | $0 |
Jim Justus Director | Trustee | 1 | $0 |
Josh Transou Director | Trustee | 1 | $0 |
Tommy Davis Director | Trustee | 1 | $0 |
Tom Wanser Director | Trustee | 1 | $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 | $4,380,216 |
| Investment income | $88,740 |
| 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 | -$171,514 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,297,442 |
| 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. | $166,209 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,147,491 |
| Pension plan accruals and contributions | $7,053 |
| Other employee benefits | $137,110 |
| Payroll taxes | $97,209 |
| Fees for services: Management | $38,276 |
| Fees for services: Legal | $563 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,300 |
| Office expenses | $5,295 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $179,942 |
| Travel | $2,081 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $95,434 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $63,328 |
| Insurance | $128,459 |
| All other expenses | $594,667 |
| Total functional expenses | $3,824,182 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $524,492 |
| Savings and temporary cash investments | $2,492,647 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $598,746 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $186,930 |
| Prepaid expenses and deferred charges | $15,049 |
| Net Land, buildings, and equipment | $3,862,318 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,680,182 |
| Accounts payable and accrued expenses | $455,633 |
| Grants payable | $0 |
| Deferred revenue | $224,165 |
| 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 | $2,453,332 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,545,005 |
| Total liabilities | $4,678,135 |
| Net assets without donor restrictions | $3,002,047 |
| 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 | $7,680,182 |