CFAP501(c)(7) · MEDIUMNAICS 713910EIN 56-0161700

Cape Fear Country Club Inc

Wilmington, NC · founded 1945
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$11.74M
▲ 5.1% YoY
FY23 Total Expenses
$11.06M
▲ 9.4% YoY
Operating Margin
5.7%
revenue minus expenses ÷ revenue
Employees
317
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$11.7M
▲ 49.7% / 5y
7.810.310.311.211.7
Expenses
$11.1M
▲ 35.5% / 5y
8.28.58.510.111.1
Total Assets
$26.4M
▼ 0.1% / 5y
26.425.225.226.226.4
Total Liabilities
$4.1M
▼ 52.3% / 5y
8.54.74.74.64.1

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$7.8M$10.3M$10.3M$11.2M$11.7M+49.7%
Expenses$8.2M$8.5M$8.5M$10.1M$11.1M+35.5%
Net surplus-$327K$1.8M$1.8M$1.1M$674K-305.8%
Total assets$26.4M$25.2M$25.2M$26.2M$26.4M-0.1%
Total liabilities$8.5M$4.7M$4.7M$4.6M$4.1M-52.3%
Net assets$17.9M$20.6M$20.6M$21.6M$22.3M+24.8%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
Mary Geiss
General Manager· 50h/wk
$271,149$14,623
Laird Dunlop
Director of Racquets· 50h/wk
$158,201$6,009
Ted Smith
Director of Agronomy· 50h/wk
$155,356$8,767
Robert Murray
Executive Chef· 50h/wk
$146,573
Sarah Matheny
Chief Financial Officer· 50h/wk
$138,116$7,504
Chris Byrd
Director of Golf· 50h/wk
$118,092$15,747
Dan Royall
Clubhouse Manager· 50h/wk
$116,385
Susan Clayton
Health and Wellness Director· 50h/wk
$115,739$3,635

+ 12 unpaid officers/directors as reported (Bill Squire, Hill Rogers, Holly Bullard, +9 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 and Assessmen$7,156,439
Sports Activities$1,434,550
Other$174,995
Locker Rental$57,645

CFounded in 1945, Cape Fear Country Club Inc reported $11.74M of revenue for FY23, at an operating margin of 5.7%. Revenue moved up 5.1% 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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