Clarksdale Country Club is located in Clarksdale, MS. The organization was established in 1940. 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 03/2022, Clarksdale Country Club employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clarksdale 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 03/2022, Clarksdale Country Club generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.5m during the year ending 03/2022. While expenses have increased by 1.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CLUB'S PRIMARY MISSION IS TO PROVIDE A SOCIAL ENVIRONMENT FOR THE PLEASURE & RECREATION OF ITS MEMBERS. THIS IS DONE PRIMARILY BY PROVIDING A PLACE FOR ACTIVITIES SUCH AS GOLF, TENNIS, SWIMMING, & RACQUETBALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB PROVIDES A FACILITY WHERE MEMBERS CAN ENJOY VARIOUS RECREATIONAL SPORTS SUCH AS GOLF, TENNIS, RACQUETBALL AND SWIMMING. THESE SPORTING ACTIVITIES PROMOTE PLEASURE AND RECREATION FOR ITS MEMBERS.
THE CLUB PROVIDES A FACILITY WITH A DINING ROOM AND BAR WHERE MEMBERS CAN ENJOY EATING AND SOCIALIZING WITH MEMBERS. THIS ENVIRONMNET PROMOTES PLEASURE AND RECREATION FOR ITS MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Darrell Bullock President | OfficerTrustee | 2 | $0 |
Kristi Byrd Secretary | OfficerTrustee | 2 | $0 |
Neal Draper Director | Trustee | 1 | $0 |
Bill Peal Director | Trustee | 1 | $0 |
Jack Bobo Director | Trustee | 1 | $0 |
Ed Merritt Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $877,244 |
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 | $877,244 |
Total Program Service Revenue | $104,770 |
Investment income | $0 |
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 | $467,591 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,449,605 |
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 | $251,768 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $3,600 |
Payroll taxes | $31,229 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
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 | $35,414 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $121,493 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $10,395 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $76,253 |
All other expenses | $32,864 |
Total functional expenses | $1,512,831 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,076 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $102,187 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $37,621 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $4,523,011 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,664,895 |
Accounts payable and accrued expenses | $120,658 |
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 | $375,765 |
Total liabilities | $496,423 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $227,575 |
Paid-in or capital surplus, or land, building, or equipment fund | $1,054,564 |
Retained earnings, endowment, accumulated income, or other funds | $2,886,333 |
Total liabilities and net assets/fund balances | $4,664,895 |
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