| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $16.4M | $14.7M | $14.7M | $16.6M | $18.3M | +11.3% |
| Expenses | $15.7M | $16.7M | $16.7M | $18.1M | $19.0M | +20.8% |
| Net surplus | $728K | -$2.0M | -$2.0M | -$1.5M | -$683K | -193.9% |
| Total assets | $24.9M | $25.3M | $25.3M | $24.9M | $30.0M | +20.5% |
| Total liabilities | $3.0M | $7.4M | $7.4M | $5.8M | $9.0M | +202.9% |
| Net assets | $21.9M | $17.9M | $17.9M | $19.1M | $21.0M | -4.3% |
| Officer · Employee | Reportable | Other |
|---|---|---|
JACK S SLAUGHTER GENERAL MANAGER / COO· 45h/wk | $438,091 | $54,201 |
THEORDORE C KIEGIEL Head Golf Professional· 45h/wk | $347,331 | $41,374 |
WILLIAMS S CANNON Director of Racquets· 45h/wk | $342,069 | $39,405 |
KYLE A JOHNSON Golf Course Superintendent· 45h/wk | $265,714 | $40,022 |
PATRICK COLLEY Executive Chef· 45h/wk | $200,379 | $38,484 |
J MATTHEW CAPASSO Chief Financial Officer· 45h/wk | $191,122 | $38,712 |
GUSTAVO C MUZZOLON ASST. GENERAL MGR.· 45h/wk | $190,697 | $29,383 |
DAMON GORE WELLNESS DIRECTOR· 45h/wk | $147,144 | $25,927 |
+ 10 unpaid officers/directors as reported (CHUCK PARKER, DOROTHEA BITLER, JENNINGS GLENN, +7 more)
| Vendor | Service | Paid |
|---|---|---|
CLANCY & THEYS CONSTRUCTION CO INC RALEIGH, NC | GEREAL CONTRACTOR | $3,216,531 |
US FOODS INC CHARLOTTE, NC | FOOD SERVICE | $995,220 |
UNITED HEALTHCARE INSURANCE CO MINNEAPOLIS, MN | HEALTH INSURANCE | $924,728 |
BOZEMAN CLUB & CORPORATE INT ATLANTA, GA | DESIGN SERVICES | $498,179 |
HALPERNS' STEAK & SEAFOOD CHICAGO, IL | FOOD SERVICES | $392,216 |
| Line item | Amount |
|---|---|
| MEMBERSHIP FEES | $11,020,616 |
| GROUNDS & GOLF FEE | $1,016,386 |
| TENNIS/SWIMMING | $748,504 |
| WELLNESS & YOUTH | $460,665 |
CFounded in 1955, Carolina Country Club Company reported $18.28M of revenue for FY23, at an operating margin of -3.7%. Revenue moved up 9.8% 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.