BRLO501(c)(7) · MEDIUMNAICS 713910EIN 56-0144176

Blowing Rock Country Club Inc

Blowing Rock, NC · founded 1982
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$9.70M
▲ 26.7% YoY
FY23 Total Expenses
$9.24M
▲ 26.6% YoY
Operating Margin
4.8%
revenue minus expenses ÷ revenue
Employees
170
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$9.7M
▲ 62.7% / 5y
6.05.47.87.79.7
Expenses
$9.2M
▲ 59.2% / 5y
5.84.75.87.39.2
Total Assets
$19.6M
▲ 72.0% / 5y
11.412.013.116.519.6
Total Liabilities
$5.9M
▲ 285.9% / 5y
1.51.55223.25.9

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$6.0M$5.4M$7.8M$7.7M$9.7M+62.7%
Expenses$5.8M$4.7M$5.8M$7.3M$9.2M+59.2%
Net surplus$161K$735K$2.0M$359K$462K+187.1%
Total assets$11.4M$12.0M$13.1M$16.5M$19.6M+72.0%
Total liabilities$1.5M$1.5M$522K$3.2M$5.9M+285.9%
Net assets$9.9M$10.6M$12.6M$13.3M$13.7M+38.9%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
Martha Watkins
COO/GM· 47h/wk
$191,098$21,941
Scott McFall
Food & Beverage Director· 44h/wk
$135,408$12,424
Andrew Glover
Golf Director· 45h/wk
$124,406$18,604
Josh Costner
Golf Superintendent· 45h/wk
$120,386$17,188
Todd Reese
Chief Financial Officer· 38h/wk
$116,224$18,091

+ 12 unpaid officers/directors as reported (Bob Anders, Janie Sellers, Jean Kitchen, +9 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
Triple H Services LLC
NEWLAND, NC
GOLF COURSE LABOR$381,875

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
Membership Dues & Assessments$5,258,156
Food and Beverage$2,053,871
Golf Revenue$1,917,231
Recreation$127,610

BFounded in 1982, Blowing Rock Country Club Inc reported $9.70M of revenue for FY23, at an operating margin of 4.8%. Revenue moved up 26.7% 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)
+ 10 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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