Savannah Golf Club Inc 1661 E President St
- Assets
- $16.6m
- Revenue
- $6.4m
- Investments
- $0.0
- Employees
- 148
- Location
- Savannah, GA
- Founding
- 01/1969
- Data as of
- 12/2022
- EIN
- 58-0418120
Organization Overview
Savannah Golf Club Inc 1661 E President St is located in Savannah, GA. The organization was established in 1969. 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, Savannah Golf Club Inc 1661 E President St employed 148 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Savannah Golf Club Inc 1661 E President St 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, Savannah Golf Club Inc 1661 E President St generated $6.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $5.0m during the year ending 12/2022. While expenses have increased by 0.0% per year over the past 8 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
THE SAVANNAH GOLF CLUB, INC. IS A PRIVATE, MEMBER OWNED, RECREATIONAL CLUB WHICH OFFERS GOLF, TENNIS, DINING, AND SWIMMING TO ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SAVANNAH GOLF CLUB, INC. IS A PRIVATE, MEMBER OWNED RECREATIONAL CLUB WHICH OFFERS GOLF, TENNIS, DINING AND SWIMMING TO ITS MEMBERS.
THE SAVANNAH GOLF CLUB, INC. IS A PRIVATE, MEMBER OWNED RECREATIONAL CLUB WHICH OFFERS GOLF, TENNIS, DINING AND SWIMMING TO ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gunnard Cunningham General Mana | $149,447 | ||
Jordan Bell Golf Course | $140,846 | ||
Alan S Anderson President | Trustee | $0 | |
J Michael Jones Treasurer | Trustee | $0 | |
Jake Maxwell Director | Trustee | $0 | |
Doug P Mcmanamy Secretary | Trustee | $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 | $6,095,947 |
| Investment income | $1,883 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $229,394 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$86,785 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,404,656 |
| 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 | $1,962,191 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $81,376 |
| Payroll taxes | $283,175 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $26,263 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $213,253 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $729,689 |
| Insurance | $88,224 |
| All other expenses | $384,324 |
| Total functional expenses | $5,008,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $997,535 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $716,531 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $87,770 |
| Prepaid expenses and deferred charges | $10,822 |
| Net Land, buildings, and equipment | $14,786,709 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,599,367 |
| Accounts payable and accrued expenses | $299,350 |
| Grants payable | $0 |
| Deferred revenue | $300,405 |
| 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 | $7,072,621 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $155,740 |
| Total liabilities | $7,828,116 |
| Net assets without donor restrictions | $8,771,251 |
| 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 | $16,599,367 |