Twin Lake Country Club Inc is located in Dillon, SC. The organization was established in 1964. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twin Lake 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 11/2022, Twin Lake Country Club Inc generated $73.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $83.2k during the year ending 11/2022. While expenses have increased by 3.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RECREATION FOR THE MEMBERS OF THE COUNTRY CLUB WHICH INCLUDE SWIMMING, FISHING, AND DINING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmy Sweat President | 2 | $0 | |
James R Calhoun Treasurer | 2 | $0 | |
Jewell Mclaurin Vice President | 1 | $0 | |
Matt Moody Board Member | 1 | $0 | |
William Mclaurin Board Member | 1 | $0 | |
Bert Rogers Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $67,676 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $871 |
| Total Revenue | $73,911 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $29,812 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $53,369 |
| Total expenses | $83,181 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,913 |
| Other assets | $0 |
| Total assets | $40,476 |
| Total liabilities | $964 |
| Net assets or fund balances | $39,512 |