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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

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

Blowing Rock Country Club Inc

Blowing Rock, NC · founded 1982

13 filings on recordFY 2011–2023medium confidence

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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

Expenses

$9.2M

▲ 59.2% / 5y

Total Assets

$19.6M

▲ 72.0% / 5y

Total Liabilities

$5.9M

▲ 285.9% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$6.0M	$7.8M	$7.8M	$7.7M	$9.7M	+62.7%
Expenses	$5.8M	$5.8M	$5.8M	$7.3M	$9.2M	+59.2%
Net surplus	$161K	$2.0M	$2.0M	$359K	$462K	+187.1%
Total assets	$11.4M	$13.1M	$13.1M	$16.5M	$19.6M	+72.0%
Total liabilities	$1.5M	$522K	$522K	$3.2M	$5.9M	+285.9%
Net assets	$9.9M	$12.6M	$12.6M	$13.3M	$13.7M	+38.9%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
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

Vendor	Service	Paid
Triple H Services LLC NEWLAND, NC	Management services	$381,875

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
Membership Dues & Assessments	$5,258,156
Food and Beverage	$2,053,871
Golf Revenue	$1,917,231
Recreation	$127,610

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$5.3M

▲ $2.7M new borrowing

Net land, buildings & equipment

$16.2M

book value, net of depreciation

Facility age

41%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

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

Management fees	$0
Insurance	$106,300
Occupancy	$233,679
Depreciation & depletion	$1,472,834
Information technology	$0
Advertising & promotion	$0
Office expenses	$0
Legal fees	$0
Accounting fees	$0
Other professional fees	$0

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.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

BLOWING ROCK COUNTRY CLUB 401(K) RETIREMENT PLAN

pension · 30 participants · $2.0M assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

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)

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