BENV501(c)(7) · MEDIUMNAICS 713910EIN 56-0139870

Benvenue Country Club Inc

Rocky Mount, NC · founded 1966
12 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$3.26M
▲ 9.2% YoY
FY23 Total Expenses
$3.25M
▲ 10.5% YoY
Operating Margin
0.2%
revenue minus expenses ÷ revenue
Employees
177
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$3.3M
▲ 15.6% / 5y
2.82.72.73.03.3
Expenses
$3.3M
▲ 19.6% / 5y
2.72.92.92.93.3
Total Assets
$4.2M
▲ 5.6% / 5y
4.04.04.04.04.2
Total Liabilities
$581K
▼ 2.8% / 5y
598532532573581

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.8M$2.7M$2.7M$3.0M$3.3M+15.6%
Expenses$2.7M$2.9M$2.9M$2.9M$3.3M+19.6%
Net surplus$100K-$233K-$233K$43K$7K-93.0%
Total assets$4.0M$4.0M$4.0M$4.0M$4.2M+5.6%
Total liabilities$598K$532K$532K$573K$581K-2.8%
Net assets$3.4M$3.4M$3.4M$3.5M$3.7M+7.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MICHELE BENTON
General Manager· 40h/wk
$120,314
CHARLES TANTUM
Controller· 40h/wk
$56,597

+ 15 unpaid officers/directors as reported (AL PRIDGEN, BILL PRUDEN, CHRIS DWIGHT, +12 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$1,822,949
GOLF$234,569
INITIATION FEES & CAPITAL CONTRIB$75,273
FITNESS & TENNIS$35,864
ENTERTAINMENT$34,155

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$50K
$27K paid down
Net land, buildings & equipment
$3.1M
book value, net of depreciation
Facility age
65%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$29K$58K$87K$116KFY20 · $116KFY20FY21 · $116KFY21FY22 · $77KFY22FY23 · $50KFY23

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX
Insurance$48,597
Occupancy$153,216
Depreciation & depletion$254,494

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

BFounded in 1966, Benvenue Country Club Inc reported $3.26M of revenue for FY23, at an operating margin of 0.2%. Revenue moved up 9.2% 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
Form 990, FY2023 · period ending Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 9 more · via ProPublica
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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