Century Club Charities Inc

Organization Overview

Century Club Charities Inc is located in Ridgeland, MS. The organization was established in 1997. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Century Club Charities Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Century Club Charities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Century Club Charities Inc generated $11.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $11.4m during the year ending 12/2021. While expenses have increased by 7.7% 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.

Since 2015, Century Club Charities Inc has awarded 66 individual grants totaling $11,783,697. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PRIMARY PURPOSE OF THE ORGANIZATION, A NOT FOR PROFIT CORPORATION, IS TO CONDUCT A PGA TOUR SANCTIONED PROFESSIONAL GOLF TOURNAMENT THAT WILL PROMOTE THE SOCIAL WELFARE OF MISSISSIPPI AND PROVIDE ANNUAL FINANCIAL CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO MAKE DONATIONS TO LOCAL ORGANIZATIONS THAT QUALIFY AS EXEMPT UNDER SECTION 501(C)(3)


TO ADMINISTER AN ANNUAL PGA SANCTIONED GOLF TOURNAMENT TO PROMOTE THE SOCIAL WELFARE OF MISSISSIPPI AND GENERATE ANNUAL FUNDING TO AREA CHARITABLE ORGANIZATIONS


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Board, Officers & Key Employees

Name (title)Compensation
Steve Jent
Executive Director
$215,470
Phillip Carpenter
Secretary
$0
Pat Busby
President
$0
Johnny Lang
Treasurer
$0
Durr Boyles
Director
$0
Megan West Allen
Director
$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$193,667
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$193,667
Total Program Service Revenue$11,428,322
Investment income $27,013
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 $0
Miscellaneous Revenue$0
Total Revenue $11,649,002

Grants Awarded

Over the last fiscal year, Century Club Charities Inc has awarded $1,659,000 in support to 7 organizations.

Grant RecipientAmount

FRIENDS OF CHILDREN'S HOSPITAL INC

Org PageRecipient Profile

Flowood, MS

PURPOSE: GENERAL ASSISTANCE

$1,501,500

WORLD GOLF FOUNDATION INC

Org PageRecipient Profile

St Augustine, FL

PURPOSE: GENERAL ASSISTANCE

$50,000

LIFE ENHANCEMEMNT AND ACHIEVEMENT PROGRAM

Org PageRecipient Profile

Flowood, MS

PURPOSE: GENERAL ASSISTANCE

$50,000

STEWPOT COMMUNITY SERVICES

Org PageRecipient Profile

Jackson, MS

PURPOSE: GENERAL ASSISTANCE

$25,000

MAKE A WISH FOUNDATON

Org PageRecipient Profile

Ridgeland, MS

PURPOSE: GENERAL ASSISTANCE

$12,500

LIVING INDEPENDENCE FOR EVERYONE

Org PageRecipient Profile

Jackson, MS

PURPOSE: GENERAL ASSISTANCE

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Century Club Charities Inc has recieved totaling $216,986.

Awarding OrganizationAmount
Pga Tour Inc

Ponte Vedra Beach, FL

PURPOSE: GENERAL SUPPORT

$185,486
Mississippi Sports Medicine Foundation

Jackson, MS

PURPOSE: ATHLETIC TRAINERS

$20,000
Isaf Family Foundation Inc

Atlanta, GA

PURPOSE: GENERAL SUPPORT

$5,000
H F Mccarty Jr Family Foundation

Jackson, MS

PURPOSE: OPERATING SUPPORT

$5,000
The T H Etheridge Trust

Jackson, MS

PURPOSE: GENERAL OPERATIONS OF THE ORGANIZATION

$1,500
View Grant Recipient Profile

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