Oglethorpe Club

The information for Oglethorpe Club is as of the organization's most recent filing in October '19. This organization is located in Savannah, GA. It has been in existence for 73 years, following its founding in 1946.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Oglethorpe Club's NTEE code is N50. The "N" tells us that the organization is classified along with Recreation & Sports. The "50" tells us that the organization is a Recreational Club. The NTEE describes Recreational Clubs as organizations that make available to members and their guests facilities for recreational activities, sports and games, as well as social clubs that provide opportunities for people to meet and socialize with their peers and special interest clubs which enable people to share hobbies or other interests.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(7) organization. The IRS describes these organizations as Social and Recreational Clubs.

The mission of the Oglethorpe Club is to provide its members with dining facilities. The club is private and member owned.

Program Areas

The Oglethorpe Club is a private, member owned social club that provides dining facilities for its members.

Organization Staffing

Oglethorpe Club is run by L Allan Reynolds Jr, who is the President. The organization has 16 employees, of whom one is paid more than $100k per year (according to the organization's most recent 990 tax filing). There are no volunteers supporting the paid staff.

Board Governance

The Oglethorpe Club is well-governed, with 11 voting members and 11 independent members. There are no potential conflicts of interest, and the organization has not delegated management to an outside firm. Board meetings are documented and committee meetings are also documented. The organization does not have a conflict of interest policy, a written whistleblower policy, or a document retention policy. Salaries of leadership and officers are not substantiated and reviewed, however the organization does provide copies of the 990 to the board prior to filing. All of these factors indicate that the Oglethorpe Club is well-governed.

Organization Growth

Over the past four years, Oglethorpe Club has experienced both growth and decline. Program Service Revenue increased, while Investment Income and Other Revenue decreased. Total Revenue increased, as did Employee Salaries, but the number of employees decreased. Overall, Total Expenses stayed the same.

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Board, Officers & Key Employees

Name (title)Compensation
Luke E Wolf
Executive Ch
$114,300
John A Coakley III
President
$0
John H Atkinson
Treasurer
$0
Dale C Critz Jr
Vice Preside
$0
Graham P Sadler
Secretary
$0
Dr Joe D Christian III
Past Preside
$0

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$1,020,055
Investment income $17
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 $347,996
Miscellaneous Revenue$0
Total Revenue $1,726,960

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