The information for Hillwood Country Club is as of the organization's most recent filing in December '21. This organization is located in Nashville, TN. It has been in existence for 65 years, following its founding in 1956.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Hillwood Country Club's NTEE code is N60, indicating that it falls under the category of Recreation & Sports. Specifically, it is classified as an organization that provides opportunities for people of all ages to learn, become competitive in, and enjoy organized recreational activities, sports, or games of their choice. These programs may be offered by local clubs devoted to a particular activity or sport, providing coaching assistance, access to equipment and facilities, and organizing amateur competitions at the local or regional level. The Hillwood Country Club's mission is to provide its members and their guests with all the usual privileges, advantages, conveniences, and accommodations of the club.
Program Area 1: The organization's program area focuses on the restaurant and bar services it provides. This includes a la carte dining and bar facilities for members and their guests, as well as meeting and banquet facilities on the premises. The organization ensures that all revenues, support, and functional expenses related to these services are properly reported within the general fund.
Program Area 2: The organization provides an 18-hole golf course, golf professionals, and other golf facilities for members and members' guests. They also offer golf equipment and a merchandise shop for members and members' guests.
Program Area 3: Within the tennis, fitness, and swimming program area, the organization provides indoor and outdoor tennis facilities with professional and assistant professionals for training and lessons. They also offer a fitness workout area with on-site trainers and swimming pools with licensed trainers for members and their guests.
Hillwood Country Club is run by Matt Hamilton, who is the President of the organization. The club has a small labor force, with 345 employees. Out of these employees, only 10 are paid over $100k per year. Unlike some other organizations, Hillwood Country Club does not rely on volunteers for its operations.
Hillwood Country Club, a non-profit organization, appears to be well-governed based on the information provided. With 13 voting members, all of whom are independent, the organization demonstrates a commitment to transparency and avoiding potential conflicts of interest. The fact that potential conflicts of interest do not exist further strengthens the credibility of the organization's governance. The organization's commitment to documentation is evident through its practice of documenting both board and committee meetings. This ensures that decision-making processes are transparent and accountable. Additionally, the presence of a conflict of interest policy indicates that the organization is proactive in addressing any potential conflicts that may arise among its members. The presence of policies such as a whistleblower policy and document retention policy further demonstrates the organization's commitment to ethical practices and accountability. By substantiating and reviewing leadership and officer's salaries, the organization ensures that compensation is fair and reasonable. The practice of providing copies of the 990 to the board prior to filing also indicates a commitment to transparency and accountability in financial reporting. Overall, Hillwood Country Club appears to be well-governed, with a strong emphasis on transparency, accountability, and ethical practices. The organization's commitment to documentation, policies, and review processes ensures that it operates in the best interest of its mission and stakeholders.
The nonprofit organization, Hillwood Country Club, has experienced significant growth over the given time period. Program Service Revenue increased from $10.5 million in 2015 to $13.6 million in 2021, while Investment Income increased from -$65,912 in 2015 to $13.3 thousand in 2021. Other Revenue also saw an increase from $1.4 million in 2015 to $1.6 million in 2021. Total Revenue grew from $11.9 million in 2015 to $15.2 million in 2021. Employee Salaries increased from $5.9 million in 2015 to $7.2 million in 2021. Total Expenses also saw an increase from $11.2 million in 2015 to $13.9 million in 2021. Furthermore, the organization's Total Employees increased from 326 in 2015 to 345 in 2021. However, the Total Volunteers line item is not meaningful over this time period as it decreased from 13 in 2015 to 0 in 2021. Overall, Hillwood Country Club has experienced growth in various aspects of its operations, including revenue, expenses, and employee count.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Robertson Director Of Agronomy | Officer | 40 | $207,808 |
Ben Jones General Manager | Officer | 40 | $204,115 |
Chris Zumpano Director Of Golf | Officer | 40 | $202,917 |
Charles Batt Head Tennis Pro | Officer | 40 | $197,167 |
James Reese Director Of Fitness | 40 | $158,814 | |
Susan Quertermous CFO | Officer | 40 | $146,100 |
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 | $13,598,104 |
Investment income | $13,337 |
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 | $1,585,914 |
Miscellaneous Revenue | $0 |
Total Revenue | $15,197,355 |
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. | $1,796,279 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,854,635 |
Pension plan accruals and contributions | $92,276 |
Other employee benefits | $461,423 |
Payroll taxes | $484,588 |
Fees for services: Management | $0 |
Fees for services: Legal | $76,580 |
Fees for services: Accounting | $23,200 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $11,753 |
Office expenses | $499,037 |
Information technology | $99,941 |
Royalties | $0 |
Occupancy | $870,758 |
Travel | $68,211 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $147,796 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,977,138 |
Insurance | $230,663 |
All other expenses | $713,769 |
Total functional expenses | $13,921,813 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,351,824 |
Savings and temporary cash investments | $5,824,466 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,347,527 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $267,348 |
Prepaid expenses and deferred charges | $33,440 |
Net Land, buildings, and equipment | $18,364,510 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $28,189,115 |
Accounts payable and accrued expenses | $1,326,851 |
Grants payable | $0 |
Deferred revenue | $2,236,087 |
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 | $3,052,476 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $6,615,414 |
Net assets without donor restrictions | $21,573,701 |
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 | $28,189,115 |
Over the last fiscal year, we have identified 1 grants that Hillwood Country Club has recieved totaling $150.
Awarding Organization | Amount |
---|---|
Ortale Family Foundation Nashville, TN PURPOSE: GENERAL USE | $150 |
Organization Name | Assets | Revenue |
---|---|---|
Alpha Omicron Pi Fraternity Inc Brentwood, TN | $92,549,328 | $43,130,066 |
Cherokee Town & Country Club Inc Atlanta, GA | $70,405,206 | $43,703,981 |
Army Navy Country Club Arlington, VA | $99,356,910 | $42,965,360 |
Country Club Of Virginia Inc Richmond, VA | $91,534,297 | $40,685,067 |
Capital City Club Inc Atlanta, GA | $84,524,331 | $33,363,422 |
Atlanta Athletic Club Johns Creek, GA | $48,939,283 | $29,765,696 |
Piedmont Driving Club Atlanta, GA | $77,050,064 | $28,104,317 |
Carmel Country Club Inc Charlotte, NC | $56,143,554 | $23,347,186 |
Phi Mu Fraternity Peachtree City, GA | $13,751,042 | $22,181,589 |
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 |