Corpus Christi Country Club
- Assets
- $9.5m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 126
- Location
- Corpus Christi, TX
- Founding
- 02/1943
- Data as of
- 12/2022
- EIN
- 74-0573790
Organization Overview
Corpus Christi Country Club is located in Corpus Christi, TX. The organization was established in 1943. 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, Corpus Christi Country Club employed 126 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corpus Christi 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 12/2022, Corpus Christi Country Club generated $6.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $5.5m during the year ending 12/2022. While expenses have increased by 1.3% 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
SOCIAL ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE FOR WHICH THE CORPUS CHRISTI COUNTRY CLUB WAS ORGANIZED WAS THE ESTABLISHMENT AND MAINTENANCE OF A SOCIAL ORGANIZATION WITH A CLUBHOUSE, GOLF COURSE,SWIMMING POOL, TENNIS COURTS, AND OTHER FACILITIES TO BE OPERATED FOR THE PLEASURE, RECREATION,AND OTHER NON-PROFIT PURPOSES OF ITS MEMBERS.
THE PURPOSE FOR WHICH THE CORPUS CHRISTI COUNTRY CLUB WAS ORGANIZED WAS THE ESTABLISHMENT AND MAINTENANCE OF A SOCIAL ORGANIZATION WITH A CLUBHOUSE, GOLF COURSE,SWIMMING POOL, TENNIS COURTS, AND OTHER FACILITIES TO BE OPERATED FOR THE PLEASURE, RECREATION,AND OTHER NON-PROFIT PURPOSES OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Owen Dougherty General Mana | Officer | 40 | $92,700 |
Jerod Becton General Mana | Officer | 40 | $42,693 |
William Alexander Secr/treasur | OfficerTrustee | 1 | $0 |
Denny Barre Board Member | Trustee | 1 | $0 |
David Berlanga Board Member | Trustee | 1 | $0 |
Deven Bhakta President | OfficerTrustee | 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 | $18,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,500 |
| Total Program Service Revenue | $5,142,568 |
| Investment income | $3,893 |
| 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 | $1,128,929 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,297,858 |
| 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. | $145,111 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,206,254 |
| Pension plan accruals and contributions | $18,410 |
| Other employee benefits | $121,732 |
| Payroll taxes | $309,978 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,932 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,151 |
| Office expenses | $58,114 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $376,211 |
| Travel | $15,145 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $199,217 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $259,497 |
| Insurance | $179,265 |
| All other expenses | $1,021,076 |
| Total functional expenses | $5,484,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,308,138 |
| Savings and temporary cash investments | $741 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $644,210 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $246,150 |
| Prepaid expenses and deferred charges | $233,706 |
| Net Land, buildings, and equipment | $7,040,543 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,473,488 |
| Accounts payable and accrued expenses | $385,036 |
| Grants payable | $0 |
| Deferred revenue | $17,645 |
| 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 | $5,180,245 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $231,805 |
| Total liabilities | $5,814,731 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $310,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $682,800 |
| Retained earnings, endowment, accumulated income, or other funds | $2,665,957 |
| Total liabilities and net assets/fund balances | $9,473,488 |