Secession Golf Club Inc
- Assets
- $21.3m
- Revenue
- $9.7m
- Investments
- $0.0
- Employees
- 155
- Location
- Beaufort, SC
- Founding
- 01/2008
- Data as of
- 06/2021
- EIN
- 26-0178692
Organization Overview
Secession Golf Club Inc is located in Beaufort, SC. The organization was established in 2008. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 06/2021, Secession Golf Club Inc employed 155 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Secession Golf 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 06/2021, Secession Golf Club Inc generated $9.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $7.2m during the year ending 06/2021. While expenses have increased by 3.8% per year over the past 6 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
SECESSION GOLF CLUB, INC., IS A NONPROFIT CORPORATION FOR THE PURPOSE OF OPERATING AS A NATIONAL GOLF CLUB, INCLUDING A GOLF COURSE, GOLF SHOP, CLUBHOUSE WITH OVERNIGHT ACCOMODATIONS, A RESTAURANT, AND A BAR FOR ITS APPROXIMATELY 750 MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF COURSE OPERATION, INCLUDING GOLF SHOP, GOLF TOURNAMENTS, AND CADDY SHACK
RESTAURANT AND BAR
CLUBHOUSE AND ACCOMODATIONS
PRIMARILY MEMBER DUES AND OTHER INCOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darrin Helfrick General Manager | 40 | $221,475 | |
Mark Mitchell Golf Course Superintendant | 40 | $174,108 | |
Kory Reitz Director Of Golf | 40 | $157,218 | |
Mark Solow President | OfficerTrustee | 20 | $17,452 |
Andrew A Luckey Secretary | OfficerTrustee | 5 | $0 |
Greg Ryberg Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $640,750 |
| 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 | $640,750 |
| Total Program Service Revenue | $7,559,609 |
| Investment income | $13,398 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $78,509 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $369,540 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,696,208 |
| 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 | $2,887,916 |
| Pension plan accruals and contributions | $36,923 |
| Other employee benefits | $435,981 |
| Payroll taxes | $274,363 |
| 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 | $97,276 |
| Advertising and promotion | $0 |
| Office expenses | $108,827 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $184,997 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $51,606 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $913,717 |
| Insurance | $224,320 |
| All other expenses | $917,698 |
| Total functional expenses | $7,166,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,565,117 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,194,300 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $297,709 |
| Prepaid expenses and deferred charges | $109,445 |
| Net Land, buildings, and equipment | $10,488,406 |
| Investments—publicly traded securities | $1,967,903 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,662,080 |
| Total assets | $21,284,960 |
| Accounts payable and accrued expenses | $910,369 |
| Grants payable | $0 |
| Deferred revenue | $3,618,553 |
| 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 | $3,691,219 |
| Total liabilities | $8,220,141 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $5,816,808 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $7,248,011 |
| Total liabilities and net assets/fund balances | $21,284,960 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Secession Golf Club Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
David And Linda Hughes Foundation Inc Winter Park, FL PURPOSE: EMPLOYEE & CADDIE COVID | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sandra And Leon Levine Jewish Community Center Inc Charlotte, NC | $17,990,606 | $9,977,571 |
Secession Golf Club Inc Beaufort, SC | $21,284,960 | $9,696,208 |
Wilds Christian Association Inc Taylors, SC | $20,869,499 | $7,593,399 |
Camp Twin Lakes Inc Atlanta, GA | $41,086,588 | $7,783,709 |
Big Life International Inc Blue Ridge, GA | $5,647,482 | $6,818,304 |
Youth Camps For Christ Inc Littleton, NC | $11,397,795 | $2,483,610 |
Bigstuf Ministries Inc Alpharetta, GA | $1,045,945 | $1,467,945 |
Green River Preserve Cedar Mountain, NC | $1,122,441 | $1,876,627 |
Helping Hands Foreign Missions Inc Buford, GA | $1,670,842 | $1,671,085 |
Wildacres Retreat Charlotte, NC | $2,174,459 | $1,246,112 |
Christmount Christian Assembly Inc Black Mountain, NC | $3,874,474 | $1,564,486 |
Camp Happy Days Inc Charleston, SC | $801,207 | $1,186,985 |