Charlotte Country Club Inc
- Assets
- $47.0m
- Revenue
- $24.6m
- Investments
- $0.0
- Employees
- 341
- Location
- Charlotte, NC
- Founding
- 05/1952
- Data as of
- 12/2021
- EIN
- 56-0173700
Organization Overview
Charlotte Country Club Inc is located in Charlotte, NC. The organization was established in 1952. 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, Charlotte Country Club Inc employed 341 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charlotte 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, Charlotte Country Club Inc generated $24.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $17.0m during the year ending 12/2021. While expenses have increased by 0.6% 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
PRIVATE SOCIAL CLUB OPERATED FOR THE SOLE USE AND BENEFIT OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARLOTTE COUNTRY CLUB CONTINUED TO FULFILL ITS MISSION TO BE AMONG THE PREMIER FAMILY COUNTRY CLUBS IN THE UNITED STATES BY EMPLOYING TOP LEVEL PROFESSIONAL STAFF AND INVITING CHARLOTTE'S AND THE SURROUNDING AREA'S GREATEST FAMILIES TO JOIN. BY PROVIDING AN OUTSTANDING GOLF, SOCIAL, ATHLETIC AND HOSPITALITY EXPERIENCE THAT IS A STEP ABOVE, THE CHARLOTTE COUNTRY CLUB AIMS TO BE AMONG THE ELITE IN COUNTRY CLUB FACILITIES.
THE A LA CARTE DINING PROGRAMS ARE EXTREMELY SUCCESSFUL AT CHARLOTTE COUNTRY CLUB AND ARE AT MAXIMUM CAPACITY ESPECIALLY DURING THE MORE TEMPERATE MONTHS WHERE THE CLUB MEMBERS CAN UTILIZE THE OUTDOOR DINING FACILITIES AND BEAUTIFUL VISTAS OF THE GOLF COURSE. WITH ALMOST NIGHTLY RESERVATIONS NEEDED DURING THE SPRING TO FALL MONTHS, THE FOOD AND BEVERAGE OUTLETS AT THE CLUB ARE FULLY UTILIZED AND ARE EXTREMELY POPULAR WITH THE MEMBERSHIP.
COUNTRY CLUBS ARE TYPICALLY KNOWN FOR THEIR GOLF COURSES AND CCC IS NO DIFFERENT BUT THE INFUSION OF THE JUNIOR PROGRAM HAS BEEN EXTREMELY WELL RECEIVED AT CHARLOTTE. BOTH THE JUNIOR GOLF AND JUNIOR TENNIS PROGRAMS ARE WELL ATTENDED WITH BOTH NECESSITATING THAT THE CHILDREN LEARN THE BASICS AND ETIQUETTE OF THE GAME BEFORE UTILIZING THE FACILITIES. IN ADDITION, BOTH GOLF AND TENNIS STAY BUSY YEAR ROUND AT THE CLUB WITH THE SEASONAL AND MODERATE WEATHER AND THE ABILITY FOR OUR TENNIS PLAYERS TO UTILIZE THE INDOOR TENNIS FACILITY DURING EXTREME INCLEMENT WEATHER OUTDOORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Priscilla Eich Gm/coo | Officer | 60 | $426,699 |
John Szklinski Golf Course Superintendent | Officer | 80 | $384,673 |
John Fields Director Of Instruction | 50 | $262,470 | |
Laurent Pillard Executive Chef | Officer | 60 | $210,183 |
Thomas Williamson Head Golf Pro | Officer | 50 | $177,533 |
Irving Driscol Head Tennis Pro | 50 | $159,811 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Edison Foard Construction Services Inc Construction | 12/30/21 | $7,380,968 |
Jenkins Peer Architects Architect | 12/30/21 | $349,144 |
Tim Garrisongarrison Consulting Of Char Construction | 12/30/21 | $125,475 |
Harker Llc Construction | 12/30/21 | $814,786 |
Aspen Corporation Construction | 12/30/21 | $130,857 |
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 | $24,686,827 |
| Investment income | $34 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,593 |
| Net Gain/Loss on Asset Sales | -$47,436 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,642,018 |
| 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. | $1,226,451 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,712,665 |
| Pension plan accruals and contributions | $155,984 |
| Other employee benefits | $1,326,307 |
| Payroll taxes | $619,850 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,354 |
| Fees for services: Accounting | $28,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,265 |
| Advertising and promotion | $15,475 |
| Office expenses | $544,530 |
| Information technology | $180,077 |
| Royalties | $0 |
| Occupancy | $521,699 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,325 |
| Interest | $63,262 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,891,855 |
| Insurance | $160,544 |
| All other expenses | $28,517 |
| Total functional expenses | $16,954,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $469,088 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,093,363 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $458,983 |
| Prepaid expenses and deferred charges | $45,735 |
| Net Land, buildings, and equipment | $39,782,533 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $149,717 |
| Total assets | $46,999,419 |
| Accounts payable and accrued expenses | $1,912,371 |
| Grants payable | $0 |
| Deferred revenue | $1,359,661 |
| 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 | $6,046,330 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $46,510 |
| Total liabilities | $9,364,872 |
| Net assets without donor restrictions | $37,634,547 |
| 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 | $46,999,419 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alpha Omicron Pi Fraternity Inc Brentwood, TN | $92,549,328 | $43,130,066 |
Cherokee Town & Country Club Inc Atlanta, GA | $70,405,206 | $43,703,981 |
Army Navy Country Club Arlington, VA | $99,356,910 | $42,965,360 |
Country Club Of Virginia Inc Richmond, VA | $91,534,297 | $40,685,067 |
Capital City Club Inc Atlanta, GA | $84,524,331 | $33,363,422 |
Atlanta Athletic Club Johns Creek, GA | $48,939,283 | $29,765,696 |
Piedmont Driving Club Atlanta, GA | $77,050,064 | $28,104,317 |
Carmel Country Club Inc Charlotte, NC | $56,143,554 | $23,347,186 |
Phi Mu Fraternity Peachtree City, GA | $13,751,042 | $22,181,589 |
Farmington Country Club Inc Charlottesville, VA | $52,436,644 | $25,257,129 |
Ansley Golf Club Atlanta, GA | $48,365,690 | $21,052,650 |
Washington Golf And Country Club Inc Arlington, VA | $48,455,931 | $21,067,505 |