Tchefuncta Country Club
- Assets
- $2.3m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 98
- Location
- Covington, LA
- Founding
- 07/1967
- Data as of
- 10/2020
- EIN
- 72-0544694
Organization Overview
Tchefuncta Country Club is located in Covington, LA. The organization was established in 1967. 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 10/2020, Tchefuncta Country Club employed 98 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tchefuncta Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2020, Tchefuncta Country Club generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $2.7m during the year ending 10/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ITS MEMBERS WITH A FULL RANGE OF COUNTRY CLUB SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ITS MEMBERS WITH A FULL RANGE OF COUNTRY CLUB SERVICES.
PROVIDE ITS MEMBERS WITH A FULL RANGE OF COUNTRY CLUB SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Hussey President | OfficerTrustee | 2 | $0 |
Kelly Gibson Vice President | OfficerTrustee | 2 | $0 |
Evan Weems Secretary | OfficerTrustee | 2 | $0 |
Ed Malone Treasurer | OfficerTrustee | 2 | $0 |
Todd Tournillon Board Member | Trustee | 2 | $0 |
Jeff Mayfield Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $2,636 |
| 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 | $23,808 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,278,871 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $235,285 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $119,310 |
| 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 | $36,977 |
| Advertising and promotion | $3,319 |
| Office expenses | $196,105 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $180,943 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $34,063 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $249,797 |
| Insurance | $211,727 |
| All other expenses | $0 |
| Total functional expenses | $2,673,085 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,130 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $260,812 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $81,428 |
| Prepaid expenses and deferred charges | $35,730 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,292,970 |
| Accounts payable and accrued expenses | $288,730 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $414,759 |
| Other liabilities | $304,438 |
| Total liabilities | $1,007,927 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $1,285,043 |
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|---|---|---|
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