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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

SVAP501(c)(7) · MEDIUMNAICS 713910EIN 56-1313779

The Country Club Of Sapphire Valley Inc

Cashiers, NC · founded 1987

13 filings on recordFY 2011–2022medium confidence

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FY22 Total Revenue

$9.81M

▼ 2.8% YoY

FY22 Total Expenses

$8.03M

▲ 20.1% YoY

Operating Margin

18.1%

revenue minus expenses ÷ revenue

Employees

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2022 · as filed

Revenue

$9.8M

▲ 22.8% / 5y

Expenses

$8.0M

▲ 31.3% / 5y

Total Assets

$26.0M

▲ 31.0% / 5y

Total Liabilities

$7.0M

▲ 16.3% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY19	FY20	FY21	FY22	Δ total
Revenue	$8.0M	$8.0M	$8.0M	$10.1M	$9.8M	+22.8%
Expenses	$6.1M	$6.1M	$6.1M	$6.7M	$8.0M	+31.3%
Net surplus	$1.9M	$1.9M	$1.9M	$3.4M	$1.8M	-5.1%
Total assets	$19.8M	$19.8M	$19.8M	$23.4M	$26.0M	+31.0%
Total liabilities	$6.0M	$6.0M	$6.0M	$6.2M	$7.0M	+16.3%
Net assets	$13.8M	$13.8M	$13.8M	$17.2M	$19.0M	+37.4%

Officer & staff compensation

FY22 · from IRS Form 990

Officer · Employee	Reportable	Other

+ 9 unpaid officers/directors as reported (ALLEN TANSIL, CHRISTINE GADDIS, DAVID CUNNINGHAM, +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	$4,438,935
INITIATION & TRANSFER FEES	$2,356,800
CAPITAL DUES	$703,896
OTHER MEMBER INCOME	$234,445
OPERATING ASSESSMENT	$152,147

Balance sheet & capital

FY22 · IRS Form 990, Part X

Mortgages & notes payable

—

end of year

Net land, buildings & equipment

$20.0M

book value, net of depreciation

Facility age

37%

accumulated depreciation ÷ cost — higher = older plant

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY22 · Form 990, Part IX

Occupancy	$227,911
Depreciation & depletion	$1,071,197

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

THE COUNTRY CLUB OF SAPPHIRE V 401(K) PROFIT SHARING PLAN & TRUST

pension · 0 participants · $0 assets · FY2025

THE COUNTRY CLUB OF SAPPHIRE V 401(K) PROFIT SHARING PLAN & TRUST

pension · 1 participants · $507 assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

Seasonal labor

DOL OFLC · certified H-2B positions

Role	Wage floor (annualized)	Workers	Season
First-Line Supervisors of Food Preparation and Serving Workers Sapphire, NC	$41K	3	Apr 2025 → Oct 2025
Bartenders Sapphire, NC	$35K	4	Apr 2025 → Oct 2025
Cooks, Restaurant Sapphire, NC	$34K	13	Apr 2025 → Oct 2025
Maids and Housekeeping Cleaners Sapphire, NC	$29K	5	Apr 2025 → Oct 2025
Waiters and Waitresses Sapphire, NC	$29K	18	Apr 2025 → Oct 2025
Dishwashers Sapphire, NC	$28K	2	Apr 2025 → Oct 2025
Amusement and Recreation Attendants Sapphire, NC	$24K	14	Apr 2025 → Oct 2025

Positions the club certified through the U.S. Department of Labor’s H-2B program — an independent, government wage floor for rank-and-file roles the Form 990 never itemizes. Decision-maker contact available to members →

TFounded in 1987, The Country Club Of Sapphire Valley Inc reported $9.81M of revenue for FY22, at an operating margin of 18.1%. Revenue moved down 2.8% 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

▸ 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)

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