HMIG501(c)(7) · MEDIUMNAICS 713910EIN 56-0815054

High Meadows Golf & Country Club Inc

Roaring Gap, NC · founded 1996
12 filings on recordFY 20112022medium confidence
FY22 Total Revenue
$2.25M
▲ 11.1% YoY
FY22 Total Expenses
$1.92M
▲ 5.9% YoY
Operating Margin
14.8%
revenue minus expenses ÷ revenue
Employees
80
headcount as reported on filing

The Five-Year Picture

FY2018 — FY2022 · as filed
Revenue
$2.3M
▲ 3.5% / 5y
2.21.51.82.02.3
Expenses
$1.9M
▲ 25.7% / 5y
1.51.51.51.81.9
Total Assets
$5.8M
▲ 74.1% / 5y
3.33.33.65.15.8
Total Liabilities
$1.8M
▲ 855.4% / 5y
1932251991.51.8

Year-on-year detail

from IRS Form 990
LineFY18FY19FY20FY21FY22Δ total
Revenue$2.2M$1.5M$1.8M$2.0M$2.3M+3.5%
Expenses$1.5M$1.5M$1.5M$1.8M$1.9M+25.7%
Net surplus$651K-$57K$323K$215K$334K-48.6%
Total assets$3.3M$3.3M$3.6M$5.1M$5.8M+74.1%
Total liabilities$193K$225K$199K$1.5M$1.8M+855.4%
Net assets$3.1M$3.1M$3.4M$3.6M$4.0M+26.0%

Officer & staff compensation

FY22 · from IRS Form 990
Officer · EmployeeReportableOther
NATHAN BIGGS
General Manager· 40h/wk
$106,564$9,214

+ 9 unpaid officers/directors as reported (BARRY ALDRIDGE, BENTON MONTGOMERY, BEVERLY CARLTON, +6 more)

Top contractors

FY22 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY22 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBER DUES/ASSESSMENT$1,937,449
GREEN/CART/TRAIL FEES$234,984
MISCELLANEOUS$213,138
LOCKER RENTAL$810
CLUB STORAGE$420

HFounded in 1996, High Meadows Golf & Country Club Inc reported $2.25M of revenue for FY22, at an operating margin of 14.8%. Revenue moved up 11.1% 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)
+ 9 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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