Amarillo Country Club Inc
- Assets
- $7.0m
- Revenue
- $7.1m
- Investments
- $0.0
- Employees
- 265
- Location
- Amarillo, TX
- Founding
- 05/1942
- Data as of
- 12/2021
- EIN
- 75-0109550
Organization Overview
Amarillo Country Club Inc is located in Amarillo, TX. The organization was established in 1942. 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, Amarillo Country Club Inc employed 265 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amarillo 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, Amarillo Country Club Inc generated $7.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $7.0m during the year ending 12/2021. While expenses have increased by 2.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CLUB IS A HOME AWAY FROM HOME FOR HARDWORKING AND ACCOMPLISHED FAMILIES OF AMARILLO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAX EXEMPT CLUB ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Mcdonald General Manager | Officer | 40 | $251,761 |
Clay Estes Director Of Tennis | 40 | $148,677 | |
Zackary Vinson Director Of Golf | 40 | $140,836 | |
Ron Duprat Executive Chef | 40 | $135,377 | |
Blake Law Director Of Maintenance | 40 | $127,671 | |
David Grotegut President | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
A-townhi-tech Remodeling Contractor | 12/30/17 | $146,272 |
Clay Estes Tennis Pro | 12/30/17 | $161,697 |
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 | $22,452 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,452 |
| Total Program Service Revenue | $4,222,057 |
| Investment income | $448 |
| 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 | $2,225,422 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,134,625 |
| 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. | $260,559 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,973,131 |
| Pension plan accruals and contributions | $17,115 |
| Other employee benefits | $344,210 |
| Payroll taxes | $197,706 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,195 |
| Fees for services: Accounting | $21,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $194,916 |
| Advertising and promotion | $599 |
| Office expenses | $412,151 |
| Information technology | $81,857 |
| Royalties | $0 |
| Occupancy | $360,549 |
| Travel | $16,118 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $77,656 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $750,284 |
| Insurance | $149,332 |
| All other expenses | $0 |
| Total functional expenses | $6,997,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $131,642 |
| Savings and temporary cash investments | $831,350 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $719,725 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $20,000 |
| Inventories for sale or use | $264,786 |
| Prepaid expenses and deferred charges | $38,415 |
| Net Land, buildings, and equipment | $4,955,935 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,961,853 |
| Accounts payable and accrued expenses | $197,273 |
| Grants payable | $0 |
| Deferred revenue | $333,169 |
| 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 | $1,606,833 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,137,275 |
| Net assets without donor restrictions | $4,824,578 |
| 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 | $6,961,853 |
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 |
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 |
San Antonio Bowl Association Inc San Antonio, TX | $23,366,634 | $15,285,082 |
Bowling Proprietors Association Of America Inc Arlington, TX | $23,082,341 | $10,209,119 |