Houston Country Club
- Assets
- $147.9m
- Revenue
- $31.5m
- Investments
- $0.0
- Employees
- 407
- Location
- Houston, TX
- Founding
- 09/1930
- Data as of
- 09/2023
- EIN
- 74-0693540
Organization Overview
Houston Country Club is located in Houston, TX. The organization was established in 1930. 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 09/2023, Houston Country Club employed 407 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houston 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 09/2023, Houston Country Club generated $31.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $31.0m during the year ending 09/2023. While expenses have increased by 2.5% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A COUNTRY CLUB FOR THE BENEFIT OF ITS MEMBERS PROVIDING FACILITIES SUCH AS GOLF COURSES, TENNIS COURTS AND DINING ROOMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMPANY OPERATES A COUNTRY CLUB FOR THE BENEFIT OF MEMBERS, PROVIDING FACILITIES SUCH AS A GOLF COURSE, TENNIS COURTS, AND DINING ROOMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Bado General Manager / COO | Officer | 40 | $618,924 |
Simon Buckle Director Of Golf | Officer | 40 | $327,182 |
William Weeks Golf Superintendent | Officer | 40 | $309,594 |
David Moore Head Tennis Professional | Officer | 0 | $228,858 |
Zeb Hartline Executive Chef | Officer | 40 | $237,965 |
James Osowski Chief Financial Officer | Officer | 40 | $222,408 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
D E Harvey Builders Construction | 9/29/23 | $1,779,109 |
Cadence Bank Banking | 9/29/23 | $1,646,396 |
Ben E Keith Foods Food Distribution | 9/29/23 | $711,309 |
Jeff's Finer Foods Food Distribution | 9/29/23 | $592,182 |
Chef's Produce Company Food Distribution | 9/29/23 | $545,110 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $24,950,080 |
| 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 | $6,553,644 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,503,724 |
| 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. | $2,321,297 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,484,157 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $261,016 |
| Payroll taxes | $3,397,545 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $242,971 |
| 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 | $35,371 |
| Office expenses | $494,496 |
| Information technology | $279,907 |
| Royalties | $0 |
| Occupancy | $2,148,735 |
| Travel | $928 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,004,378 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,823,234 |
| Insurance | $483,075 |
| All other expenses | $930,072 |
| Total functional expenses | $31,017,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,727,854 |
| Savings and temporary cash investments | $505,393 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,754,358 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $964,246 |
| Prepaid expenses and deferred charges | $394,060 |
| Net Land, buildings, and equipment | $134,919,645 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,584,880 |
| Total assets | $147,850,436 |
| Accounts payable and accrued expenses | $4,643,639 |
| Grants payable | $0 |
| Deferred revenue | $1,538,771 |
| 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 | $68,511,049 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,405,315 |
| Total liabilities | $76,098,774 |
| Net assets without donor restrictions | $71,729,328 |
| Net assets with donor restrictions | $22,334 |
| 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 | $147,850,436 |