SCIL501(c)(7) · MEDIUMNAICS 713910EIN 56-0666681
Siler City Country Club Inc
Siler City, NC · founded 1972
12 filings on recordFY 2011–2022medium confidence
Compare to peers →FY22 Total Revenue
$905k
▲ 19.8% YoY
FY22 Total Expenses
$837k
▲ 11.7% YoY
Operating Margin
7.4%
revenue minus expenses ÷ revenue
Employees
33
headcount as reported on filing
The Five-Year Picture
FY2018 — FY2022 · as filed
Revenue
$905K
▲ 27.7% / 5y
Expenses
$837K
▲ 25.1% / 5y
Total Assets
$827K
▲ 7.3% / 5y
Total Liabilities
$209K
▼ 36.3% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY18 | FY19 | FY20 | FY21 | FY22 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $708K | $691K | $755K | $755K | $905K | +27.7% |
| Expenses | $669K | $683K | $750K | $750K | $837K | +25.1% |
| Net surplus | $39K | $8K | $5K | $5K | $67K | +71.2% |
| Total assets | $771K | $799K | $819K | $819K | $827K | +7.3% |
| Total liabilities | $328K | $348K | $268K | $268K | $209K | -36.3% |
| Net assets | $443K | $451K | $551K | $551K | $619K | +39.6% |
Officer & staff compensation
FY22 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 9 unpaid officers/directors as reported (CARLOS COCKMAN, CRAIG WOOD, HAROLD MILHOLEN, +6 more)
All 9 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 |
|---|---|
| MEMBERSHIP DUES AND AS | $403,019 |
| CART RENTALS | $231,352 |
| GREENS FEES | $176,186 |
| MISCELLANEOUS | $29,013 |
| DRIVING RANGE | $16,462 |
Balance sheet & capital
FY22 · IRS Form 990, Part X
Mortgages & notes payable
$106K
▼ $55K paid down
Net land, buildings & equipment
$638K
book value, net of depreciation
Facility age
73%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
Professionally managedFY22 · Form 990, Part IX
| Management fees | $53,100 |
| Insurance | $24,472 |
| Depreciation & depletion | $50,005 |
| Advertising & promotion | $6,580 |
| Office expenses | $3,586 |
| Accounting fees | $3,575 |
SFounded in 1972, Siler City Country Club Inc reported $905k of revenue for FY22, at an operating margin of 7.4%. Revenue moved up 19.8% 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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