Clarksdale Country Club
- Assets
- $4.8m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 53
- Location
- Clarksdale, MS
- Founding
- 09/1940
- Data as of
- 03/2023
- EIN
- 64-0136733
Organization Overview
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 03/2023, Clarksdale Country Club employed 53 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 03/2023, Clarksdale Country Club generated $1.7m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $1.5m during the year ending 03/2023. While expenses have increased by 4.1% per year over the past 3 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
2023
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.
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 |
|---|---|---|---|
Jack Bobo Director | Trustee | 1 | $0 |
Albert Britt Director | Trustee | 1 | $0 |
Darrell Bullock President | OfficerTrustee | 2 | $0 |
Kristi Byrd Secretary | OfficerTrustee | 2 | $0 |
Neal Draper Director | Trustee | 1 | $0 |
Jerry Gardner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,051,105 |
| 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 | $1,051,105 |
| Total Program Service Revenue | $127,333 |
| 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 | $553,412 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,731,850 |
| 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 | $193,483 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,450 |
| Payroll taxes | $27,012 |
| 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 | $24,489 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $149,500 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,003 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $77,889 |
| All other expenses | $51,620 |
| Total functional expenses | $1,506,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $146,771 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $39,867 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,590,466 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,777,104 |
| Accounts payable and accrued expenses | $99,839 |
| 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 | $283,185 |
| Total liabilities | $383,024 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $227,576 |
| Paid-in or capital surplus, or land, building, or equipment fund | $1,054,564 |
| Retained earnings, endowment, accumulated income, or other funds | $3,111,940 |
| Total liabilities and net assets/fund balances | $4,777,104 |