Atlanta Athletic Club is located in Johns Creek, GA. The organization was established in 1941. 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 03/2022, Atlanta Athletic Club employed 644 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlanta Athletic Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 03/2022, Atlanta Athletic Club generated $29.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $26.0m during the year ending 03/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ATLANTA ATHLETIC CLUB WILL DELIVER AN EXCEPTIONAL AND FAMILY-FOCUSED EXPERIENCE THAT CONSISTENTLY EXCEEDS THE EXPECTATIONS OF ALL THOSE WE SERVE, WHILE PRESERVING OUR HERITAGE, TRADITIONS AND REPUTATION FOR CHAMPIONSHIP GOLF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE GOLF, TENNIS, SWIMMING AND DINING ACTIVITIES TO ITS MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David A Sheppard CEO & General Manager | 50 | $392,091 | |
James D Taylor Director Of Golf | 50 | $336,840 | |
Lukus Harvey Director Of Agronomy | 50 | $281,194 | |
James W Cole Director Of Facilities Man | 50 | $229,622 | |
Jeffrey C Chandley Director Of Tennis & Athle | 50 | $221,619 | |
Tony E Kelley CFO | 50 | $214,552 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
William R Anderson Iii Sale Of Merchandise | 3/30/22 | $468,984 |
Tripp Davis & Associates Architecture | 3/30/22 | $233,452 |
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 | $27,034,176 |
Investment income | $28,793 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$53,770 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,945,031 |
Miscellaneous Revenue | $0 |
Total Revenue | $29,765,696 |
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. | $3,633,520 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $6,276,623 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $349,247 |
Other employee benefits | $200,357 |
Payroll taxes | $863,928 |
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 | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $249,664 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $3,071,800 |
Insurance | $1,185,189 |
All other expenses | $4,585,180 |
Total functional expenses | $26,021,713 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,216,470 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,467,574 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,038,933 |
Prepaid expenses and deferred charges | $772,196 |
Net Land, buildings, and equipment | $28,809,344 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $634,766 |
Total assets | $48,939,283 |
Accounts payable and accrued expenses | $2,746,494 |
Grants payable | $0 |
Deferred revenue | $2,030,230 |
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 | $8,999,563 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $385,407 |
Total liabilities | $14,161,694 |
Net assets without donor restrictions | $34,777,589 |
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 | $48,939,283 |
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Johns Island Club Inc Vero Beach, FL | $123,619,232 | $39,066,168 |
Alpha Omicron Pi Fraternity Inc Brentwood, TN | $92,549,328 | $43,130,066 |
Cherokee Town & Country Club Inc Atlanta, GA | $70,405,206 | $43,703,981 |
St Andrews Country Club Inc Boca Raton, FL | $67,588,016 | $28,385,359 |
Capital City Club Inc Atlanta, GA | $84,524,331 | $33,363,422 |
Everglades Club Inc Palm Beach, FL | $55,459,603 | $24,732,349 |
Atlanta Athletic Club Johns Creek, GA | $48,939,283 | $29,765,696 |
Piedmont Driving Club Atlanta, GA | $77,050,064 | $28,104,317 |
Royal Poinciana Golf Club Inc Naples, FL | $61,264,527 | $17,332,259 |
Carmel Country Club Inc Charlotte, NC | $56,143,554 | $23,347,186 |
Riviera Country Club Of Coral Gables Inc Coral Gables, FL | $63,238,082 | $21,710,203 |