Rockport Country Club Members Association
- Assets
- $9.9m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 103
- Location
- Rockport, TX
- Founding
- 08/1984
- Data as of
- 12/2022
- EIN
- 74-2320108
Organization Overview
Rockport Country Club Members Association is located in Rockport, TX. The organization was established in 1984. 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, Rockport Country Club Members Association employed 103 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockport Country Club Members Association 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, Rockport Country Club Members Association generated $3.4m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $3.3m during the year ending 12/2022. While expenses have increased by 5.9% per year over the past 4 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
MEMBER OWNED COUNTRY CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF FACILITIES (18 HOLE)
CLUB HOUSE (INCLUDES FOOD AND BEVERAGE SERVICES)
SWIM AND TENNIS CENTER
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 |
|---|---|---|---|
Jeanne Hooker Vice President | OfficerTrustee | 5 | $0 |
Arno Penshorn Director | Trustee | 5 | $0 |
Charles Marsh President | OfficerTrustee | 5 | $0 |
Pat Vrba Director | Trustee | 2 | $0 |
Jeff Hulse Director | Trustee | 2 | $0 |
Barbara Smyth Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,115,289 |
| 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 | $2,115,289 |
| Total Program Service Revenue | $0 |
| Investment income | $1,973 |
| 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 | $1,226,196 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,374,976 |
| 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. | $128,800 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,332,624 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $89,511 |
| Payroll taxes | $137,658 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $52,249 |
| Advertising and promotion | $4,788 |
| Office expenses | $150,555 |
| Information technology | $3,529 |
| Royalties | $0 |
| Occupancy | $139,048 |
| Travel | $12,937 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $55,778 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $441,944 |
| Insurance | $156,317 |
| All other expenses | $246,699 |
| Total functional expenses | $3,345,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,128,189 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $386,972 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $98,089 |
| Prepaid expenses and deferred charges | $46,465 |
| Net Land, buildings, and equipment | $8,226,212 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $43,990 |
| Total assets | $9,929,917 |
| Accounts payable and accrued expenses | $231,120 |
| Grants payable | $0 |
| Deferred revenue | $181,126 |
| 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 | $885,585 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,297,831 |
| Net assets without donor restrictions | $0 |
| 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 | $6,234,453 |
| Retained earnings, endowment, accumulated income, or other funds | $2,397,633 |
| Total liabilities and net assets/fund balances | $9,929,917 |