LPON501(c)(7) · MEDIUMNAICS 713910EIN 54-0285940
Lonesome Pine Country Club Inc
Big Stone Gap, VA · founded 1963
14 filings on recordFY 2011–2024medium confidence
Compare to peers →FY24 Total Revenue
$751k
▲ 9.9% YoY
FY24 Total Expenses
$745k
▲ 5.5% YoY
Operating Margin
0.8%
revenue minus expenses ÷ revenue
Employees
24
headcount as reported on filing
The Five-Year Picture
FY2020 — FY2024 · as filed
Revenue
$751K
▲ 12.7% / 5y
Expenses
$745K
▲ 20.0% / 5y
Total Assets
$562K
▲ 4.7% / 5y
Total Liabilities
$467K
▼ 0.4% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY20 | FY21 | FY22 | FY23 | FY24 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $666K | $666K | $672K | $683K | $751K | +12.7% |
| Expenses | $621K | $621K | $628K | $706K | $745K | +20.0% |
| Net surplus | $45K | $45K | $44K | -$23K | $6K | -87.5% |
| Total assets | $537K | $537K | $604K | $580K | $562K | +4.7% |
| Total liabilities | $469K | $469K | $492K | $490K | $467K | -0.4% |
| Net assets | $68K | $68K | $112K | $90K | $95K | +39.3% |
Officer & staff compensation
FY24 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 9 unpaid officers/directors as reported (ADAM SMITH, CHARLES CURRY, DICK HOUCHINS, +6 more)
All 9 listed officers reported $0 compensation — volunteer board.
Top contractors
FY24 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY24 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES & ASSESSMENTS | $389,327 |
| CART RENTAL - MEMBERS | $129,392 |
| GOLF FEES-NON MEMBERS | $105,362 |
| OTHER | $46,471 |
| DRIVING RANGE | $7,211 |
Balance sheet & capital
FY24 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$336K
book value, net of depreciation
Facility age
88%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY24 · Form 990, Part IX
| Insurance | $36,719 |
| Depreciation & depletion | $43,291 |
| Office expenses | $6,196 |
LFounded in 1963, Lonesome Pine Country Club Inc reported $751k of revenue for FY24, at an operating margin of 0.8%. Revenue moved up 9.9% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.
Source documents
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