Metairie Country Club
- Assets
- $32.6m
- Revenue
- $11.6m
- Investments
- $0.0
- Employees
- 221
- Location
- Metairie, LA
- Founding
- 10/1946
- Data as of
- 12/2022
- EIN
- 72-0366297
Organization Overview
Metairie Country Club is located in Metairie, LA. The organization was established in 1946. 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, Metairie Country Club employed 221 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metairie 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 12/2022, Metairie Country Club generated $11.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $11.6m during the year ending 12/2022. While expenses have increased by 4.3% 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
SOCIAL CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE THE GOLF, TENNIS, AND SOCIAL INTERESTS OF THE MEMBERS OF THIS CLUB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Lappa Director | Trustee | 0 | $0 |
Steven K Conroy Director | Trustee | 0 | $0 |
Justin N Obletz Director | Trustee | 0 | $0 |
Bradley R Reese Director | Trustee | 0 | $0 |
Brian Rotolo Director | Trustee | 0 | $0 |
William Boasberg Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dba Gibbens Dupuy Decoration Clubhouse Design And Construction | 12/30/22 | $126,932 |
Mcc 10s Tennis Pro's Llc Paid For Services Provi | 12/30/22 | $372,179 |
Ramelli Janitorial Golf Course Maint. Sub-contract Employee | 12/30/22 | $517,792 |
Multin Landscape Associates Llc Golf Course Construction | 12/30/22 | $145,012 |
Eagen Insurance Company 3rd Party Insurance Provider | 12/30/22 | $130,409 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,657,334 |
| 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 | $7,657,334 |
| Total Program Service Revenue | $609,928 |
| Investment income | $1,001 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $431,037 |
| Net Gain/Loss on Asset Sales | -$101,129 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,353,107 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,571,002 |
| 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 | $5,073,608 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $326,860 |
| Payroll taxes | $369,976 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $71,120 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,559 |
| Advertising and promotion | $79,460 |
| Office expenses | $19,592 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $753,959 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $663,833 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,721,257 |
| Insurance | $0 |
| All other expenses | $402,332 |
| Total functional expenses | $11,613,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,819,707 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,913,238 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $408,969 |
| Prepaid expenses and deferred charges | $237,333 |
| Net Land, buildings, and equipment | $26,728,998 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,532,487 |
| Total assets | $32,640,732 |
| Accounts payable and accrued expenses | $1,197,273 |
| Grants payable | $0 |
| Deferred revenue | $537,651 |
| 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 | $23,579,344 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $25,314,268 |
| Net assets without donor restrictions | $7,326,464 |
| 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 | $32,640,732 |