Belle Meade Country Club

The information for Belle Meade Country Club is as of the organization's most recent filing in September '21. This organization is located in Nashville, TN. It has been in existence for 63 years, following its founding in 1958.

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 Belle Meade Country Club's NTEE code is N60. The "N" tells us that the organization is classified along with Recreation & Sports. The "60" tells us that the organization is involved in Amateur Sports. The NTEE describes Amateur Sports organizations as those that provide opportunities for people of all ages to learn, become competitive in, and enjoy organized recreational activities, sports, or games of their choice. These programs may be offered by local clubs and provide coaching assistance, access to equipment and facilities, and may sponsor athletes to participate in amateur competitions. The Belle Meade Country Club's mission is to provide its members with golf, tennis, fitness, restaurant and banquet facilities, and social pleasure.

Program Areas

The organization's general fund encompasses all revenues, support, and functional expenses that are not specifically reported by another fund or program. This includes a country club that offers its members various amenities such as golf, tennis, fitness facilities, a restaurant, banquet facilities, and social activities for their enjoyment.

Organization Staffing

Belle Meade Country Club is run by Richard E Francis Jr, who is the President of the organization. The country club has a relatively small labor force, with 346 employees. Out of these employees, only 10 are paid over $100k per year. Unlike some other organizations, Belle Meade Country Club does not have any volunteers supporting its staff.

Board Governance

Belle Meade Country Club appears to be well-governed based on the information provided. The organization has a total of 9 voting members, all of whom are independent, indicating a diverse and unbiased decision-making process. This ensures that the organization's best interests are prioritized without any potential conflicts of interest. The fact that board meetings and committee meetings are documented further demonstrates the organization's commitment to transparency and accountability. This documentation allows for a clear record of discussions, decisions, and actions taken, ensuring that all members are informed and involved in the governance process. Belle Meade Country Club also has a conflict of interest policy in place, which requires disclosure of any potential conflicts. This policy helps to prevent any personal or financial interests from influencing decision-making and ensures that the organization's actions are solely focused on its mission and objectives. Additionally, the organization has a document retention policy, which indicates that it values the proper storage and preservation of important records. This policy helps to ensure that critical information is readily accessible when needed and can be used for reference or auditing purposes. Furthermore, Belle Meade Country Club substantiates and reviews leadership and officer's salaries. This practice demonstrates a commitment to fair compensation and ensures that salaries are reasonable and in line with the organization's financial resources. Overall, Belle Meade Country Club appears to have effective governance practices in place, promoting transparency, accountability, and ethical decision-making within the organization.

Organization Growth

The Belle Meade Country Club has experienced growth over the given time period. Contributions and grants received increased from $8.7M in 2014 to $10.7M in 2020. Program service revenue also increased from $1.8M in 2014 to $2.6M in 2020. Other revenue also saw an increase from $1.5M in 2014 to $1.7M in 2020. Total revenue increased from $12.0M in 2014 to $15.0M in 2020. Employee salaries increased from $5.6M in 2014 to $6.3M in 2020. Total expenses also increased from $10.8M in 2014 to $13.9M in 2020. Additionally, the total number of employees increased from 341 in 2014 to 346 in 2020. Overall, these indicators suggest that the Belle Meade Country Club has grown over the given time period.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Clint Parish
Carpentry
$126,175
Mary Follin Design
Interior Design
$122,262
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$10,710,417
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$10,710,417
Total Program Service Revenue$2,564,564
Investment income $98
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $700
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$461,912
Miscellaneous Revenue$0
Total Revenue $14,973,436

Peer Organizations

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