Chattanooga Golf And Country Club
- Assets
- $23.8m
- Revenue
- $15.2m
- Investments
- $0.0
- Employees
- 233
- Location
- Chattanooga, TN
- Founding
- 03/1935
- Data as of
- 09/2022
- EIN
- 62-0156100
Organization Overview
Chattanooga Golf And Country Club is located in Chattanooga, TN. The organization was established in 1935. 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 09/2022, Chattanooga Golf And Country Club employed 233 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chattanooga Golf And 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 09/2022, Chattanooga Golf And Country Club generated $15.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $8.9m during the year ending 09/2022. While expenses have increased by 6.1% 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
OUR MISSION IS TO PROVIDE CHATTANOOGA'S MOST DESIRABLE GOLF AND COUNTRY CLUB MEMBER EXPERIENCE AND SUSTAIN IT FOR FUTURE GENERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHATTANOOGA GOLF AND COUNTRY CLUB SERVES MANY MEMBERS AND ITS PURPOSE IS TO OWN, OPERATE AND MAINTAIN A PRIVATE CLUB FOR THE RECREATION, PLEASURE AND BENEFIT OF ITS MEMBERS AND ASSOCIATES. THE CLUB FACILITIES INCLUDE A RENOWNED GOLF COURSE, A CLUBHOUSE, FEATURING THREE FULL-SERVICE DINING ROOMS AND FIVE BANQUET ROOMS; A FAMILY ACTIVITIES CENTER, WHICH INCLUDES TWO SWIMMING POOLS, A FITNESS CENTER, LOCKER ROOMS, CHILDCARE FACILITIES, TENNIS COURTS; AND ADDITIONAL DINING OPTIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Murray Coo/general Manager | Officer | 40 | $262,029 |
Bruce Etter Director Of Golf | 40 | $231,596 | |
Jeffrey Hollister Director Of Agronomy | 40 | $177,472 | |
Brad Trewhitt Executive Chef | 40 | $125,178 | |
Tom Flanagan President | OfficerTrustee | 2 | $0 |
Mark Degler Secretary | OfficerTrustee | 2 | $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 | $13,069,489 |
| Investment income | $10,819 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,653 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,132,416 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,215,377 |
| 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. | $262,029 |
| Compensation of current officers, directors, key employees. | $262,029 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,673,963 |
| Pension plan accruals and contributions | $87,397 |
| Other employee benefits | $311,589 |
| Payroll taxes | $324,125 |
| Fees for services: Management | $41,382 |
| 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 | $108,776 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,271,472 |
| Insurance | $139,833 |
| All other expenses | $1,402,248 |
| Total functional expenses | $8,932,389 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,062,823 |
| Savings and temporary cash investments | $7,285,237 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,971,307 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $322,620 |
| Prepaid expenses and deferred charges | $95,878 |
| Net Land, buildings, and equipment | $13,106,066 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,843,931 |
| Accounts payable and accrued expenses | $1,006,142 |
| Grants payable | $0 |
| Deferred revenue | $74,920 |
| 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 | $6,213,635 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,294,697 |
| Net assets without donor restrictions | $16,549,234 |
| 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 | $23,843,931 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Farmington Country Club Inc Charlottesville, VA | $52,436,644 | $25,257,129 |
Ansley Golf Club Atlanta, GA | $48,365,690 | $21,052,650 |
Washington Golf And Country Club Inc Arlington, VA | $48,455,931 | $21,067,505 |
Charlotte Country Club Inc Charlotte, NC | $46,999,419 | $24,642,018 |
Carolina Country Club Company Raleigh, NC | $25,311,282 | $14,725,345 |
Missouri Athletic Club St Louis, MO | $22,640,194 | $18,091,674 |
Alpha Delta Pi Sorority Atlanta, GA | $18,755,038 | $19,005,623 |
Dunwoody Country Club Inc Atlanta, GA | $25,487,572 | $16,307,962 |
Hillwood Country Club Nashville, TN | $28,189,115 | $15,197,355 |
Belle Meade Country Club Nashville, TN | $42,979,255 | $14,973,436 |
Augusta Country Club Incorporated Augusta, GA | $39,567,278 | $12,683,205 |
River Bend Golf & Country Club Inc Great Falls, VA | $31,856,555 | $12,190,244 |