Hobbs Country Club

Organization Overview

Hobbs Country Club is located in Hobbs, NM. The organization was established in 1947. 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 10/2021, Hobbs Country Club employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hobbs 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 10/2021, Hobbs Country Club generated $848.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $993.5k during the year ending 10/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BE A PREMIER COUNTRY CLUB PROVIDING DIVERSE RECREATIONAL OPPORTUNITIES FOR MEMBERS AND THEIR FAMILIES IN A MANNER THAT IS WHOLESOME, ENJOYABLE, FAMILY ORIENTED AND OF CONSISTENT HIGH QUALITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


N/A


N/A


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Board, Officers & Key Employees

Name (title)Compensation
Tres Hicks
Vice President
$0
Sam Cobb
Board President
$0
Mike Mcvay
Board Member
$0
Richard Martin
Board Member
$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$536,656
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $500
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $311,255
Miscellaneous Revenue$0
Total Revenue $848,411

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