GAST501(c)(7) · MEDIUMNAICS 713910EIN 56-0232825

Gaston Country Club Inc

Gastonia, NC · founded 1939
12 filings on recordFY 20112022medium confidence
FY22 Total Revenue
$6.99M
▲ 29.1% YoY
FY22 Total Expenses
$5.71M
▲ 18.4% YoY
Operating Margin
18.2%
revenue minus expenses ÷ revenue
Employees
161
headcount as reported on filing

The Five-Year Picture

FY2018 — FY2022 · as filed
Revenue
$7.0M
▲ 29.6% / 5y
5.45.35.45.47.0
Expenses
$5.7M
▲ 10.7% / 5y
5.25.24.84.85.7
Total Assets
$8.9M
▲ 38.0% / 5y
6.56.47.57.58.9
Total Liabilities
$1.1M
▼ 18.4% / 5y
1.31.19149141.1

Year-on-year detail

from IRS Form 990
LineFY18FY19FY20FY21FY22Δ total
Revenue$5.4M$5.3M$5.4M$5.4M$7.0M+29.6%
Expenses$5.2M$5.2M$4.8M$4.8M$5.7M+10.7%
Net surplus$232K$144K$585K$585K$1.3M+449.5%
Total assets$6.5M$6.4M$7.5M$7.5M$8.9M+38.0%
Total liabilities$1.3M$1.1M$914K$914K$1.1M-18.4%
Net assets$5.2M$5.3M$6.6M$6.6M$7.9M+52.1%

Officer & staff compensation

FY22 · from IRS Form 990
Officer · EmployeeReportableOther
Daniel Smith
General Manager· 70h/wk
$129,105$3,329
Timothy Carpenter
Golf Superintenent· 55h/wk
$115,403$15,046
Christopher Buck
Controller· 45h/wk
$87,775$15,741
James Sides
Former GM· 0h/wk
$41,052$5,937

+ 11 unpaid officers/directors as reported (Bob Spencer, Christian Doring, Greg Botner, +8 more)

Top contractors

FY22 · vendors paid $100k+ as reported
VendorServicePaid
Custom Building Systems
Gastonia, NC
Patio renovation$154,676

Revenue by activity

FY22 · dues, greens fees, dining, and other sources
Line itemAmount
Membership Dues & Assessments$4,095,682
Food and Beverage$1,527,047
Golf Revenue$869,030
Tennis and swimming$143,755
Other Fees$28,862

GFounded in 1939, Gaston Country Club Inc reported $6.99M of revenue for FY22, at an operating margin of 18.2%. Revenue moved up 29.1% 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, 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)
Form 990, FY2020 · period ending Thu Dec 31 2020 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 9 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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