Humboldt Golf & Country Club
- Assets
- $1.2m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 25
- Location
- Humboldt, TN
- Founding
- 09/1966
- Data as of
- 03/2021
- EIN
- 62-0244053
Organization Overview
Humboldt Golf & Country Club is located in Humboldt, TN. The organization was established in 1966. 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 03/2021, Humboldt Golf & Country Club employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Humboldt Golf & 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 03/2021, Humboldt Golf & Country Club generated $1.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $1.3m during the year ending 03/2021. While expenses have increased by 4.6% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE FRATERNAL ACTIVITIES BY PROVIDING A GOLF COURSE AND OTHER FACILITIES THAT ARE AVAILABLE THROUGH MEMBERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM FUNCTIONS ARE FOR NON-DISCRIMINATORY MEMBERSHIP OF A GOLF COURSE AND COUNTRY CLUB. FUNCTIONS INCLUDE THE PROGRAM OF THE GOLF COURSE, BUT ALSO RELATED RECREATIONAL ACTIVITIES.
PROGRAM FUNCTIONS ARE FOR NON-DISCRIMINATORY MEMBERSHIP OF A GOLF COURSE AND COUNTRY CLUB. FUNCTIONS INCLUDE THE PROGRAM OF THE GOLF COURSE, BUT ALSO RELATED RECREATIONAL ACTIVITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Snell President Board Of Directors | OfficerTrustee | 0.5 | $0 |
Teddy Cain Direcotr | Trustee | 0.5 | $0 |
Chuck Cloud Director | Trustee | 0.5 | $0 |
Brandon Mays Director | Trustee | 0.5 | $0 |
Chris Miller Director | Trustee | 0.5 | $0 |
George Wiechers Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $703,225 |
| Investment income | $123 |
| 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 | $1,265,977 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $343,927 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $137,224 |
| 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 | $33 |
| Office expenses | $11,850 |
| 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 | $22,628 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $95,799 |
| Insurance | $38,256 |
| All other expenses | $0 |
| Total functional expenses | $1,259,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,755 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $64,614 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,387 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,235,741 |
| Accounts payable and accrued expenses | $62,951 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $502,927 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $21,236 |
| Total liabilities | $587,114 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $648,627 |
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|---|---|---|
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George Walton Academy Inc Monroe, GA | $18,498,422 | $12,032,755 |
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Eagle Point Golf Club Inc Wilmington, NC | $18,431,345 | $8,325,446 |
Wade Hampton Golf Club Inc Cashiers, NC | $23,418,026 | $9,280,278 |
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Old Town Club Inc Winstonsalem, NC | $12,827,032 | $8,211,808 |
Idle Hour Country Club Inc Lexington, KY | $13,827,877 | $6,560,806 |