ALAM501(c)(7) · MEDIUMNAICS 713910EIN 56-0494280

Alamance Country Club Inc

Burlington, NC · founded 1974
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$5.91M
▲ 20.7% YoY
FY23 Total Expenses
$5.30M
▲ 9.9% YoY
Operating Margin
10.2%
revenue minus expenses ÷ revenue
Employees
190
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$5.9M
▲ 151.9% / 5y
2.31.93.44.95.9
Expenses
$5.3M
▲ 94.0% / 5y
2.72.62.84.85.3
Total Assets
$9.2M
▲ 4.1% / 5y
8.89.110.98.89.2
Total Liabilities
$2.2M
▼ 0.1% / 5y
2.22.12.62.32.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$2.3M$1.9M$3.4M$4.9M$5.9M+151.9%
Expenses$2.7M$2.6M$2.8M$4.8M$5.3M+94.0%
Net surplus-$388K-$656K$689K$70K$605K-256.0%
Total assets$8.8M$9.1M$10.9M$8.8M$9.2M+4.1%
Total liabilities$2.2M$2.1M$2.6M$2.3M$2.2M-0.1%
Net assets$6.7M$7.0M$8.3M$6.4M$7.0M+5.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
CHARLIE NOLETTE
General Manager· 60h/wk
$168,180$11,416
PETER HORN
DIRECTOR OF AGRONOMY· 48h/wk
$121,175$5,891

+ 10 unpaid officers/directors as reported (ANIL PATEL, GREG LUNSFORD, JAY CLAYTON, +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 itemAmount
MEMBERSHIP DUES$2,671,542
CAPITAL ASSESSMENTS$1,062,214
INITIATION FEES$195,947

AFounded in 1974, Alamance Country Club Inc reported $5.91M of revenue for FY23, at an operating margin of 10.2%. Revenue moved up 20.7% 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 Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 30 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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