University Club Of Memphis

Organization Overview

University Club Of Memphis is located in Memphis, TN. 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 09/2023, University Club Of Memphis employed 188 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Club Of Memphis is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 09/2023, University Club Of Memphis generated $5.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $7.0m during the year ending 09/2023. While expenses have increased by 4.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

NOT-FOR-PROFIT CORP. OPERATING TO PROVIDE FOR THE SOCIAL ENJOYMENT AND THE DEVELOPMENT OF PHYSICAL FITNESS OF ITS MEMBERS THROUGH EXERCISE OR ATHLETICS

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOOD & BEVERAGE OPERATIONS (DINING ROOM, BAR, & SNACK BAR)


ATHLETICS, SWIMMING POOL, TENNIS, & BABYSITTING


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Board, Officers & Key Employees

Name (title)Compensation
$0
Josh Shipley
Treasurer
$0
Scott Harkins
Director
$0
Amy Huber
Director
$0
Steven King
Secretary
$0
Wakefield Gordon
President
$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$5,206,418
Investment income $61,298
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 $652,817
Miscellaneous Revenue$0
Total Revenue $5,920,533

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