Selma Country Club is located in Selma, AL. The organization was established in 0000. 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 12/2021, Selma Country Club employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Selma 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, Selma Country Club generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 7 years. 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
TO PROVIDE MEMBERS WITH A PLACE TO PLAY GOLF, SWIM AND ENJOY FOOD AND BEVERAGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Mason Vice President | OfficerTrustee | 0 | $0 |
Gus Colvin Secretary | OfficerTrustee | 0 | $0 |
Matthew Oaks President | OfficerTrustee | 0 | $0 |
Brennan Nedley Board Member | Trustee | 0 | $0 |
Van Carter Board Member | Trustee | 0 | $0 |
Tyler Adkins Board Member | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $849,570 |
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 | $849,570 |
Total Program Service Revenue | $0 |
Investment income | $50 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $55,333 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $387,894 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,472,725 |
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 | $611,899 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $51,301 |
Payroll taxes | $55,926 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,718 |
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 | $0 |
Office expenses | $11,936 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $310,080 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $92,672 |
Insurance | $3,047 |
All other expenses | $259,800 |
Total functional expenses | $1,424,444 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $114,129 |
Savings and temporary cash investments | $65,309 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $194,747 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $57,162 |
Prepaid expenses and deferred charges | $1,653 |
Net Land, buildings, and equipment | $1,039,946 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,472,946 |
Accounts payable and accrued expenses | $23,590 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $23,590 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $1,449,356 |
Total liabilities and net assets/fund balances | $1,472,946 |
Organization Name | Assets | Revenue |
---|---|---|
Jonathans Landing Golf Club Inc Jupiter, FL | $59,911,329 | $17,646,734 |
Shadow Wood Country Club Inc Bonita Springs, FL | $55,101,901 | $17,682,525 |
Sawgrass Country Club Inc Ponte Vedra Bch, FL | $52,066,514 | $17,219,886 |
Lost Tree Club Inc North Palm Beach, FL | $50,198,278 | $14,415,754 |
Kings Point Recreation Corporation Inc Delray Beach, FL | $17,448,550 | $25,502,124 |
Aberdeen Golf & Country Club Inc Boynton Beach, FL | $55,724,484 | $13,720,029 |
Oaks Club Corporation Osprey, FL | $41,379,362 | $16,079,534 |
Loxahatchee Club Inc Jupiter, FL | $33,280,282 | $11,290,558 |
Bath And Tennis Club Inc Palm Beach, FL | $38,923,467 | $10,953,480 |
Amelia Island Equity Club Inc Amelia Island, FL | $30,919,425 | $13,194,414 |
George Walton Academy Inc Monroe, GA | $18,498,422 | $12,032,755 |
Pelicans Nest Golf Club Inc Bonita Springs, FL | $34,019,545 | $10,579,269 |