| Line | FY20 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $4.7M | $4.7M | $4.7M | $4.5M | $4.9M | +3.2% |
| Expenses | $4.0M | $4.0M | $4.0M | $4.4M | $4.8M | +21.9% |
| Net surplus | $750K | $750K | $750K | $74K | $33K | -95.6% |
| Total assets | $4.8M | $4.8M | $4.8M | $5.2M | $5.2M | +7.4% |
| Total liabilities | $4.0M | $4.0M | $4.0M | $4.3M | $4.2M | +6.3% |
| Net assets | $840K | $840K | $840K | $914K | $947K | +12.7% |
| Officer · Employee | Reportable | Other |
|---|---|---|
Justin Verway General Manager· 50h/wk | $120,867 | $11,746 |
Kevin Lutz Golf Course Superintendent· 50h/wk | $96,558 | $6,000 |
+ 10 unpaid officers/directors as reported (Dale Schneider, Joe Horton, Lance Martin, +7 more)
No contractors reported.
| Line item | Amount |
|---|---|
| Member dues and assessments | $2,730,248 |
| Food and beverage | $1,446,356 |
| Golf operations | $528,066 |
| Pool and tennis | $70,040 |
CFounded in 1942, Cabarrus Country Club Inc reported $4.87M of revenue for FY23, at an operating margin of 0.7%. Revenue moved up 8.8% 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.