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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

CHHA501(c)(7) · MEDIUMNAICS 713910EIN 56-0172993

Chapel Hill Country Club Inc

Chapel Hill, NC · founded 1967

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$10.93M

▲ 7.7% YoY

FY23 Total Expenses

$9.94M

▲ 8.0% YoY

Operating Margin

9.0%

revenue minus expenses ÷ revenue

Employees

292

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$10.9M

▲ 53.6% / 5y

Expenses

$9.9M

▲ 46.0% / 5y

Total Assets

$16.6M

▲ 30.8% / 5y

Total Liabilities

$7.7M

▼ 8.6% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$7.1M	$9.6M	$9.6M	$10.1M	$10.9M	+53.6%
Expenses	$6.8M	$8.0M	$8.0M	$9.2M	$9.9M	+46.0%
Net surplus	$303K	$1.7M	$1.7M	$938K	$986K	+225.9%
Total assets	$12.7M	$14.6M	$14.6M	$16.2M	$16.6M	+30.8%
Total liabilities	$8.4M	$8.4M	$8.4M	$8.2M	$7.7M	-8.6%
Net assets	$4.3M	$6.2M	$6.2M	$8.0M	$8.9M	+108.3%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
MICHAEL BLAZER General Manager· 50h/wk	$310,087	$18,064
SCOTT TOMECEK DIRECTOR OF AGRONOMY· 50h/wk	$201,531	$25,098
MATTHEW WILHELM-HILKEY Director of Racquets· 50h/wk	$196,404	$11,865
JOHN MORRISON Director of Golf· 50h/wk	$176,303	$24,212
GREGORY JOHN Executive Chef· 50h/wk	$171,809	$24,771
BERNADETTE DEGNAN Chief Financial Officer· 50h/wk	$159,337	$12,864
PATTI GRITTON Membership Director· 50h/wk	$125,757	$22,391

+ 13 unpaid officers/directors as reported (BRAD CLARK, BRANT MOREFIELD, BRIAN ARMSTRONG, +10 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

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

Line item	Amount
MEMBERSHIP DUES	$5,186,195
CAPITAL IMPROVEMENT AS	$1,466,950
INITIATION FEES	$793,037

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$6.4M

▼ $659K paid down

Net land, buildings & equipment

$12.8M

book value, net of depreciation

Facility age

55%

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

Insurance	$143,528
Occupancy	$300,331
Depreciation & depletion	$1,012,156
Office expenses	$607,175
Legal fees	$29,080
Accounting fees	$18,900
Other professional fees	$14,850

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

CHAPEL HILL COUNTRY CLUB 401(K) PLAN

pension · 90 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.

CFounded in 1967, Chapel Hill Country Club Inc reported $10.93M of revenue for FY23, at an operating margin of 9.0%. Revenue moved up 7.7% 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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