Marietta Country Club Inc
- Assets
- $21.8m
- Revenue
- $14.9m
- Investments
- $0.0
- Employees
- 307
- Location
- Kennesaw, GA
- Founding
- 01/1946
- Data as of
- 08/2023
- EIN
- 58-0336450
Organization Overview
Marietta Country Club Inc is located in Kennesaw, GA. The organization was established in 1946. 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 08/2023, Marietta Country Club Inc employed 307 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marietta 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 08/2023, Marietta Country Club Inc generated $14.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $13.2m during the year ending 08/2023. While expenses have increased by 4.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MARIETTA COUNTRY CLUB IS A PRIVATE GOLF/TENNIS/SWIM COUNTRY CLUB FOR THE BENEFIT OF OUR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAX-EXEMPT CLUB ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Shultz President | OfficerTrustee | 3 | $0 |
Alan Martin Secretary | OfficerTrustee | 3 | $0 |
Brian Moore Treasurer | OfficerTrustee | 3 | $0 |
David Henion President Elect | OfficerTrustee | 3 | $0 |
Stacy Haubenschild Past President | Trustee | 2 | $0 |
Scott Rose Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Skt Enterprises Inc Pro Shop Sales | 8/30/19 | $394,571 |
Pristine Golf Llc New Bunkers | 8/30/19 | $309,499 |
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 | $9,049,687 |
| Investment income | $109,419 |
| 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 | $5,166,348 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,937,112 |
| 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. | $476,006 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,927,202 |
| Pension plan accruals and contributions | $102,576 |
| Other employee benefits | $658,106 |
| Payroll taxes | $505,813 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,639 |
| Fees for services: Accounting | $23,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $207,301 |
| Advertising and promotion | $0 |
| Office expenses | $222,479 |
| Information technology | $14,257 |
| Royalties | $0 |
| Occupancy | $568,864 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $87,455 |
| Interest | $272,770 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,457,739 |
| Insurance | $161,408 |
| All other expenses | $8,207 |
| Total functional expenses | $13,190,035 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,574,769 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,416,440 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $567,334 |
| Prepaid expenses and deferred charges | $152,323 |
| Net Land, buildings, and equipment | $13,460,515 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $676,290 |
| Total assets | $21,847,671 |
| Accounts payable and accrued expenses | $679,058 |
| Grants payable | $0 |
| Deferred revenue | $944,628 |
| 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 | $7,534,977 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $696,031 |
| Total liabilities | $9,854,694 |
| Net assets without donor restrictions | $11,992,977 |
| 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 | $21,847,671 |