CHOC501(c)(7) · MEDIUMNAICS 713910EIN 56-0636523
Chockoyotte Country Club Inc
Weldon, NC · founded 1961
12 filings on recordFY 2011–2022medium confidence
Compare to peers →FY22 Total Revenue
$508k
▲ 4.2% YoY
FY22 Total Expenses
$580k
▲ 8.8% YoY
Operating Margin
-14.1%
revenue minus expenses ÷ revenue
Employees
16
headcount as reported on filing
The Five-Year Picture
FY2018 — FY2022 · as filed
Revenue
$508K
▲ 5.7% / 5y
Expenses
$580K
▲ 14.9% / 5y
Total Assets
$872K
▲ 3.2% / 5y
Total Liabilities
$238K
▲ 29.7% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY18 | FY19 | FY20 | FY21 | FY22 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $481K | $541K | $488K | $488K | $508K | +5.7% |
| Expenses | $505K | $514K | $533K | $533K | $580K | +14.9% |
| Net surplus | -$24K | $27K | -$45K | -$45K | -$72K | +196.5% |
| Total assets | $845K | $851K | $965K | $965K | $872K | +3.2% |
| Total liabilities | $183K | $167K | $259K | $259K | $238K | +29.7% |
| Net assets | $662K | $684K | $706K | $706K | $634K | -4.2% |
Officer & staff compensation
FY22 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 12 unpaid officers/directors as reported (BILL MASSEY, BOBBY HOLT, JAMES HASTY, +9 more)
All 12 listed officers reported $0 compensation — volunteer board.
Top contractors
FY22 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY22 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| CART RENTAL | $107,129 |
| GREEN FEES | $32,601 |
| TOURNAMENTS | $22,114 |
| CLUB RENTAL | $7,313 |
| BAG STORAGE & LOCKER RENT | $6,454 |
Balance sheet & capital
FY22 · IRS Form 990, Part X
Mortgages & notes payable
$57K
▼ $25K paid down
Net land, buildings & equipment
$772K
book value, net of depreciation
Facility age
65%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY22 · Form 990, Part IX
| Management fees | $0 |
| Insurance | $16,683 |
| Occupancy | $28,741 |
| Depreciation & depletion | $55,786 |
| Information technology | $0 |
| Advertising & promotion | $0 |
| Office expenses | $2,662 |
| Legal fees | $0 |
| Accounting fees | $8,399 |
| Other professional fees | $0 |
CFounded in 1961, Chockoyotte Country Club Inc reported $508k of revenue for FY22, at an operating margin of -14.1%. Revenue moved up 4.2% 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
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