Dornick Hills Golf & Country Club Inc
- Assets
- $5.2m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 69
- Location
- Ardmore, OK
- Founding
- 03/1946
- Data as of
- 12/2021
- EIN
- 73-0531922
Organization Overview
Dornick Hills Golf & Country Club Inc is located in Ardmore, OK. 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 12/2021, Dornick Hills Golf & Country Club Inc employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dornick Hills Golf & Country Club Inc 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, Dornick Hills Golf & Country Club Inc generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 4.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GOLF COURSE NAD RELATED SERVICES INCLUDING BUT NOT LIMITED TO PRO SHOP, RANGE, AND RESTAURANT OPERATIONS FOR CLUB MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FACILITIES FOR SOCIAL EVENTS FOR MEMBERS, FAMILIES AND GUESTS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Ward Vice President | Trustee | 0 | $0 |
Bob Willis Treasurer | Trustee | 0 | $0 |
Alan Vernon Director | Trustee | 0 | $0 |
Dave Daube Director | Trustee | 0 | $0 |
David Harris President | Trustee | 0 | $0 |
Dr Hayden Henry Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $964,362 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,123,716 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,088,078 |
| Total Program Service Revenue | $257,519 |
| 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 | $130,502 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,484,998 |
| 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 | $713,101 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,003 |
| Payroll taxes | $70,121 |
| 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 | $20,536 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $88,752 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,710 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $249,817 |
| Insurance | $52,324 |
| All other expenses | $84,757 |
| Total functional expenses | $1,837,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $105,306 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $252,387 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $62,026 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,738,371 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2 |
| Total assets | $5,158,092 |
| Accounts payable and accrued expenses | $167,442 |
| 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 | $1,673,523 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,840,965 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $4,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $564,040 |
| Retained earnings, endowment, accumulated income, or other funds | $2,749,087 |
| Total liabilities and net assets/fund balances | $5,158,092 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Dornick Hills Golf & Country Club Inc has recieved totaling $688,012.
| Awarding Organization | Amount |
|---|---|
Dornick Hills Historical Foundation Ardmore, OK PURPOSE: REPLACE IRRIGATION S | $674,997 |
Dornick Hills Historical Foundation Ardmore, OK PURPOSE: EQUIPMENT | $13,015 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Country Club Houston, TX | $109,550,970 | $26,529,286 |
Royal Oaks Country Club Inc Dallas, TX | $36,812,671 | $18,720,235 |
Northwood Club Dallas, TX | $57,507,067 | $19,852,706 |
Oklahoma City Golf & Country Club Nichols Hills, OK | $30,261,356 | $14,527,744 |
Dallas Athletic Club Dallas, TX | $25,203,289 | $20,444,344 |
Austin Country Club Austin, TX | $33,624,786 | $15,055,486 |
Missouri Athletic Club St Louis, MO | $22,640,194 | $18,091,674 |
Briar Club Houston, TX | $45,723,367 | $13,689,453 |
Lakewood Country Club Dallas, TX | $36,499,894 | $12,939,033 |
Southern Hills Country Club Tulsa, OK | $59,775,336 | $17,253,423 |
Bent Tree Country Club Inc Dallas, TX | $52,898,770 | $18,703,072 |
Cherry Hills Country Club Englewood, CO | $65,318,672 | $17,559,884 |