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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

HPIG501(c)(7) · MEDIUMNAICS 713910EIN 56-0215680

High Point Country Club Inc

High Point, NC · founded 1941

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$6.07M

▲ 8.2% YoY

FY23 Total Expenses

$5.98M

▲ 11.7% YoY

Operating Margin

1.5%

revenue minus expenses ÷ revenue

Employees

175

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$6.1M

▲ 25.0% / 5y

Expenses

$6.0M

▲ 24.5% / 5y

Total Assets

$9.2M

▲ 82.5% / 5y

Total Liabilities

$6.4M

▲ 89.8% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$4.9M	$5.1M	$5.1M	$5.6M	$6.1M	+25.0%
Expenses	$4.8M	$4.5M	$4.5M	$5.4M	$6.0M	+24.5%
Net surplus	$56K	$573K	$573K	$260K	$90K	+60.5%
Total assets	$5.1M	$5.6M	$5.6M	$7.0M	$9.2M	+82.5%
Total liabilities	$3.4M	$3.2M	$3.2M	$4.2M	$6.4M	+89.8%
Net assets	$1.7M	$2.4M	$2.4M	$2.7M	$2.8M	+67.6%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
President, CEO· 40h/wk	$329,919	$11,994
Director of Racquets· 40h/wk	$147,833	—
Golf Course Superintendent· 40h/wk	$142,200	—
Director of Golf· 40h/wk	$128,160	—
Controller· 40h/wk	$120,782	—
Director of Food & Beverage· 40h/wk	$117,246	—

+ 10 unpaid officers/directors as reported (, , , +7 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	$3,086,911
Usage Fees	$915,263
Initiation Fees	$197,500

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$6.1M

▲ $2.4M new borrowing

Net land, buildings & equipment

$7.0M

book value, net of depreciation

Facility age

69%

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	$91,090
Occupancy	$653,891
Depreciation & depletion	$757,773
Information technology	$25,813
Advertising & promotion	$5,391
Office expenses	$614,070
Legal fees	$13,674
Accounting fees	$23,119
Other professional fees	$185,373

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

HIGH POINT COUNTRY CLUB, INC 401(K) PLAN AND TRUST

pension · 73 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.

HFounded in 1941, High Point Country Club Inc reported $6.07M of revenue for FY23, at an operating margin of 1.5%. Revenue moved up 8.2% 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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