Conway Country Club Inc
- Assets
- $4.8m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 56
- Location
- Conway, AR
- Founding
- 06/1989
- Data as of
- 12/2021
- EIN
- 71-0228546
Organization Overview
Conway Country Club Inc is located in Conway, AR. The organization was established in 1989. 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 12/2021, Conway Country Club Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Conway 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 12/2021, Conway Country Club Inc generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
COUNTRY CLUB WITH GOLF & DINING
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP DUES & ASSESSMENTS ARE USED TO OPERATE THE CLUB. SALES INCLUDE FOOD, BAR, PRO SHOP & GREEN FEES. THESE UNITS ARE OPERATED FOR MEMBERS USE WHICH IS THE PURPOSE OF THE CLUB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Bloodworth Treasurer | Officer | 2 | $0 |
Todd Smith President | Officer | 2 | $0 |
John Reno Secretary | Officer | 2 | $0 |
Eric King Vice President | Officer | 2 | $0 |
Randy Lloyd Director | Trustee | 1 | $0 |
Shane Lamb Director | Trustee | 1 | $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 | $1,135,631 |
| Investment income | $0 |
| 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 | $1,167,963 |
| 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 | $466,235 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $564 |
| Payroll taxes | $39,324 |
| 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 | $1,000 |
| Advertising and promotion | $523 |
| Office expenses | $21,469 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $457,121 |
| Travel | $9,115 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,259 |
| Interest | $91,235 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,115 |
| Insurance | $33,083 |
| All other expenses | $0 |
| Total functional expenses | $1,171,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,059 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,030 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $54,676 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,674,705 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,760,470 |
| Accounts payable and accrued expenses | $224,588 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,445,023 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $59,229 |
| Total liabilities | $2,728,840 |
| Net assets without donor restrictions | $2,031,630 |
| 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 | $4,760,470 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Country Club Houston, TX | $109,550,970 | $26,529,286 |
Royal Oaks Country Club Inc Dallas, TX | $36,812,671 | $18,720,235 |
Northwood Club Dallas, TX | $57,507,067 | $19,852,706 |
Oklahoma City Golf & Country Club Nichols Hills, OK | $30,261,356 | $14,527,744 |
Dallas Athletic Club Dallas, TX | $25,203,289 | $20,444,344 |
Austin Country Club Austin, TX | $33,624,786 | $15,055,486 |
Missouri Athletic Club St Louis, MO | $22,640,194 | $18,091,674 |
Briar Club Houston, TX | $45,723,367 | $13,689,453 |
Lakewood Country Club Dallas, TX | $36,499,894 | $12,939,033 |
Southern Hills Country Club Tulsa, OK | $59,775,336 | $17,253,423 |
Bent Tree Country Club Inc Dallas, TX | $52,898,770 | $18,703,072 |
Hillwood Country Club Nashville, TN | $28,189,115 | $15,197,355 |