Signal Mountain Golf & Country Club is located in Signal Mountain, TN. The organization was established in 1957. 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 12/2021, Signal Mountain Golf & Country Club employed 96 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Signal Mountain 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 12/2021, Signal Mountain Golf & Country Club generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 0.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
501(C)(7) SOCIAL AND RECREATION CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF AND SOCIAL CLUB PROMOTING FELLOWSHIP
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nick Carden Treasurer | OfficerTrustee | 1 | $0 |
Mike Levan Past President | OfficerTrustee | 1 | $0 |
Rob Pearse Vice President | OfficerTrustee | 1 | $0 |
Arch Trimble IV President | OfficerTrustee | 1 | $0 |
David Marks Secretary | OfficerTrustee | 1 | $0 |
Chad Sikes Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $107,665 |
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 | $107,665 |
Total Program Service Revenue | $2,565,140 |
Investment income | $666 |
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 | $434,983 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,108,454 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,066,390 |
Pension plan accruals and contributions | $9,318 |
Other employee benefits | $0 |
Payroll taxes | $97,082 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $35,149 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $30,250 |
Advertising and promotion | $165 |
Office expenses | $7,580 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $226,608 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $495 |
Interest | $21,464 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $170,582 |
Insurance | $39,877 |
All other expenses | $56,915 |
Total functional expenses | $2,337,695 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $171,420 |
Savings and temporary cash investments | $1,099,093 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $295,058 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $67,598 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,945,378 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,578,547 |
Accounts payable and accrued expenses | $176,146 |
Grants payable | $0 |
Deferred revenue | $179,192 |
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 | $868,945 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,224,283 |
Net assets without donor restrictions | $2,354,264 |
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 | $3,578,547 |
Over the last fiscal year, we have identified 1 grants that Signal Mountain Golf & Country Club has recieved totaling $100.
Awarding Organization | Amount |
---|---|
Helen And Harry Saul Foundation Brentwood, TN PURPOSE: GENERAL OPERATIONS | $100 |
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 |