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

Chapel Hill Country Club Inc

Chapel Hill, NC · founded 1967
13 filings on recordFY 20112023medium confidence
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
7.19.69.610.110.9
Expenses
$9.9M
▲ 46.0% / 5y
6.88.08.09.29.9
Total Assets
$16.6M
▲ 30.8% / 5y
12.714.614.616.216.6
Total Liabilities
$7.7M
▼ 8.6% / 5y
8.48.48.48.27.7

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ 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 · EmployeeReportableOther
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 itemAmount
MEMBERSHIP DUES$5,186,195
CAPITAL IMPROVEMENT AS$1,466,950
INITIATION FEES$793,037

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)
+ 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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