SMCO501(c)(7) · MEDIUMNAICS 713910EIN 56-0713606

Scotch Meadows Country Club Inc

Laurinburg, NC · founded 1962
13 filings on recordFY 20102022medium confidence
FY22 Total Revenue
$626k
▲ 5.3% YoY
FY22 Total Expenses
$637k
▲ 8.9% YoY
Operating Margin
-1.9%
revenue minus expenses ÷ revenue
Employees
22
headcount as reported on filing

The Five-Year Picture

FY2018 — FY2022 · as filed
Revenue
$626K
▲ 7.9% / 5y
580555594594626
Expenses
$637K
▲ 16.4% / 5y
548549585585637
Total Assets
$587K
▼ 8.8% / 5y
644603611611587
Total Liabilities
$7K
▼ 91.2% / 5y
826019197

Year-on-year detail

from IRS Form 990
LineFY18FY19FY20FY21FY22Δ total
Revenue$580K$555K$594K$594K$626K+7.9%
Expenses$548K$549K$585K$585K$637K+16.4%
Net surplus$32K$6K$9K$9K-$12K-135.7%
Total assets$644K$603K$611K$611K$587K-8.8%
Total liabilities$82K$60K$19K$19K$7K-91.2%
Net assets$562K$542K$592K$592K$580K+3.2%

Officer & staff compensation

FY22 · from IRS Form 990
Officer · EmployeeReportableOther
WILLIAM P WELLS JR
PGA GOLF PRO· 40h/wk
$68,974
JOHN ERIC WALSH
GREEN SUPT· 40h/wk
$39,635
WILLIAM HINSON
GREEN SUPT· 40h/wk
$23,508
DAVID C HYDUKE
PGA GOLF PRO· 40h/wk
$18,173

+ 3 unpaid officers/directors as reported (FRED MABRY, JOEL HARTWELL, WILLIAM TED CURRIE)

Top contractors

FY22 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY22 · dues, greens fees, dining, and other sources
Line itemAmount
GOLF CART RENTALS$190,352
GREEN FEES$78,155
MEM RENTAL/SOCIAL FUNCT$56,245
CATERING

SFounded in 1962, Scotch Meadows Country Club Inc reported $626k of revenue for FY22, at an operating margin of -1.9%. Revenue moved up 5.3% 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)
+ 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
live feed
The Quarterly · delivered free

Read the filings
before the board does.

Every new 990, every shift in the compensation bands, every notable year-over-year swing — compiled into one briefing each edition, for the people who actually run these clubs.

4,200+
GMs · controllers · board members
4×
a year · never more
Subscribe
Quarterly only · no spam · unsubscribe in one click

“I read it before our finance committee meets.”
— GM, top-50 club

Privacy PolicyDisclaimerMethodology© 2026 Country Club Intel
The Quarterly · free
The filings, the comp, the movers — four times a year.
Quarterly only · no spam · unsubscribe in one click