Albuquerque Country Club
- Assets
- $5.7m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 137
- Location
- Albuquerque, NM
- Founding
- 10/1957
- Data as of
- 11/2021
- EIN
- 85-0018960
Organization Overview
Albuquerque Country Club is located in Albuquerque, NM. The organization was established in 1957. 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 11/2021, Albuquerque Country Club employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Albuquerque 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 11/2021, Albuquerque Country Club generated $5.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $4.7m during the year ending 11/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 6 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
TO PROVIDE AND PROMOTE SOCIAL INTERACTION AND RECREATION FOR THE BENEFIT OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTAURANT & BANQUETS - SALES OF FOOD AND BEVERAGES TO THE 600+ CLUB MEMBERS AND GUESTS.
FACILITY USAGE - PROVIDING GOLF, TENNIS, AND SWIMMING POOL AMENITIES TO THE CLUB MEMBERS AND GUESTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lea Meier General Mana | Officer | 60 | $146,423 |
Margaret Branch Secretary | OfficerTrustee | 5 | $0 |
Alexander Crecca VP Thru Marc | OfficerTrustee | 5 | $0 |
Pravin Patel- Dir Thru March 2021 VP From Apri | OfficerTrustee | 5 | $0 |
Tom Bunce- Dir Thru March 2021 Treas From A | OfficerTrustee | 5 | $0 |
Derek Maker Pres Thru Ma | OfficerTrustee | 5 | $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 | $5,052,257 |
| Investment income | $7,215 |
| 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 | $98,219 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,200,576 |
| 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. | $181,543 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,529,932 |
| Pension plan accruals and contributions | $16,516 |
| Other employee benefits | $94,065 |
| Payroll taxes | $164,219 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $324 |
| Fees for services: Accounting | $22,532 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,827 |
| Advertising and promotion | $8,353 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $203,244 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $660,936 |
| Insurance | $93,510 |
| All other expenses | $779,013 |
| Total functional expenses | $4,726,012 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,623,892 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $278,889 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $108,296 |
| Prepaid expenses and deferred charges | $78,693 |
| Net Land, buildings, and equipment | $3,212,133 |
| Investments—publicly traded securities | $379,447 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,681,350 |
| Accounts payable and accrued expenses | $458,946 |
| Grants payable | $0 |
| Deferred revenue | $116,661 |
| 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 | $3,278,771 |
| Other liabilities | $45,263 |
| Total liabilities | $3,899,641 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $39,100 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,742,609 |
| Total liabilities and net assets/fund balances | $5,681,350 |
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 |
Paradise Valley Country Club Inc Paradise Valley, AZ | $41,632,521 | $18,336,957 |
United States Ski Team Foundation Park City, UT | $9,262,092 | $17,246,819 |
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 |