Mountain Brook Club
- Assets
- $38.8m
- Revenue
- $17.1m
- Investments
- $0.0
- Employees
- 286
- Location
- Birmingham, AL
- Founding
- 02/1949
- Data as of
- 12/2022
- EIN
- 63-0147650
Organization Overview
Mountain Brook Club is located in Birmingham, AL. The organization was established in 1949. 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 12/2022, Mountain Brook Club employed 286 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain Brook Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Mountain Brook Club generated $17.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $11.5m during the year ending 12/2022. While expenses have increased by 3.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SOCIAL AND RECREATIONAL BENEFITS AND OFFER FOOD, BEVERAGE, AND MERCHANDISE TO ITS PRIVATE MEMBERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SOCIAL AND RECREATIONAL BENEFITS AND OFFER FOOD AND BEVERAGES TO ITS MEMBERS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Bailey Knight President | OfficerTrustee | 5 | $0 |
Richard Murray Past President | OfficerTrustee | 1 | $0 |
John M Williams Vice President | OfficerTrustee | 1 | $0 |
Morgan Oslin Ogilvie III Secretary | OfficerTrustee | 1 | $0 |
Douglas W Shook Jr Golf Chairman | OfficerTrustee | 1 | $0 |
Jonathan P Mulkin Course Chairman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Willingham Compnay Kitchen Equipment/renovation | 12/30/22 | $939,846 |
Tammy Connor Interior Design Furniture & Design - Renovation | 12/30/22 | $680,122 |
Massey Asphalt Paving Llc Paving - Renovation | 12/30/22 | $213,921 |
Hirequest Llc Temporary Staffing | 12/30/22 | $127,289 |
Gto 1 Llc Temporary Staffing | 12/30/22 | $101,714 |
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 | $16,656,438 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $806 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$719,517 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,154,092 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,112,058 |
| 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. | $1,460,056 |
| Compensation of current officers, directors, key employees. | $157,745 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,240,966 |
| Pension plan accruals and contributions | $52,129 |
| Other employee benefits | $697,957 |
| Payroll taxes | $448,880 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,206 |
| 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 | $31,380 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $555,043 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $123,766 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,456,026 |
| Insurance | $253,294 |
| All other expenses | $860,142 |
| Total functional expenses | $11,489,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,000 |
| Savings and temporary cash investments | $94,130 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,735,431 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $355,806 |
| Prepaid expenses and deferred charges | $178,453 |
| Net Land, buildings, and equipment | $31,160,666 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $282,527 |
| Total assets | $38,813,013 |
| Accounts payable and accrued expenses | $988,443 |
| Grants payable | $0 |
| Deferred revenue | $5,152,128 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $9,300,000 |
| Other liabilities | $282,527 |
| Total liabilities | $15,723,098 |
| Net assets without donor restrictions | $23,089,915 |
| 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 | $38,813,013 |