COHA501(c)(7) · MEDIUMNAICS 713910EIN 56-0504591
Coharie Country Club Inc
Clinton, NC · founded 1950
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$1.16M
▲ 3.6% YoY
FY23 Total Expenses
$1.18M
▲ 0.6% YoY
Operating Margin
-2.2%
revenue minus expenses ÷ revenue
Employees
51
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$1.2M
▲ 25.8% / 5y
Expenses
$1.2M
▲ 24.9% / 5y
Total Assets
$177K
▲ 4.3% / 5y
Total Liabilities
$103K
▲ 462.2% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $918K | $1.1M | $1.1M | $1.1M | $1.2M | +25.8% |
| Expenses | $946K | $1.0M | $1.0M | $1.2M | $1.2M | +24.9% |
| Net surplus | -$27K | $41K | $41K | -$59K | -$26K | -4.9% |
| Total assets | $170K | $300K | $300K | $215K | $177K | +4.3% |
| Total liabilities | $18K | $141K | $141K | $115K | $103K | +462.2% |
| Net assets | $152K | $159K | $159K | $100K | $74K | -50.8% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 9 unpaid officers/directors as reported (AMANDA DUBOSE, JC THOMAS, JEFF NETHERCUTT, +6 more)
All 9 listed officers reported $0 compensation — volunteer board.
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 |
|---|---|
| RESTAURANT AND DINING | $388,111 |
| GOLF, SWIM AND TENNIS | $351,167 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
—
end of year
Net land, buildings & equipment
$56K
book value, net of depreciation
Facility age
86%
accumulated depreciation ÷ cost — higher = older plant
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $29,490 |
| Occupancy | $162,123 |
| Depreciation & depletion | $32,247 |
| Advertising & promotion | $29,238 |
| Office expenses | $5,439 |
| Other professional fees | $16,530 |
CFounded in 1950, Coharie Country Club Inc reported $1.16M of revenue for FY23, at an operating margin of -2.2%. Revenue moved up 3.6% 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
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