CEDA501(c)(7) · MEDIUMNAICS 713910EIN 56-1383975

Cedarwood Country Club Inc

Charlotte, NC · founded 1989
12 filings on recordFY 20112022medium confidence
FY22 Total Revenue
$6.80M
▲ 10.5% YoY
FY22 Total Expenses
$6.55M
▲ 10.3% YoY
Operating Margin
3.7%
revenue minus expenses ÷ revenue
Employees
144
headcount as reported on filing

The Five-Year Picture

FY2018 — FY2022 · as filed
Revenue
$6.8M
▲ 45.1% / 5y
4.76.05.36.26.8
Expenses
$6.6M
▲ 31.4% / 5y
5.05.25.25.96.6
Total Assets
$6.2M
▲ 20.2% / 5y
5.15.25.45.56.2
Total Liabilities
$2.6M
▲ 20.5% / 5y
2.22.22.32.22.6

Year-on-year detail

from IRS Form 990
LineFY18FY19FY20FY21FY22Δ total
Revenue$4.7M$6.0M$5.3M$6.2M$6.8M+45.1%
Expenses$5.0M$5.2M$5.2M$5.9M$6.6M+31.4%
Net surplus-$294K$804K$134K$217K$254K-186.5%
Total assets$5.1M$5.2M$5.4M$5.5M$6.2M+20.2%
Total liabilities$2.2M$2.2M$2.3M$2.2M$2.6M+20.5%
Net assets$3.0M$3.0M$3.1M$3.3M$3.6M+20.0%

Officer & staff compensation

FY22 · from IRS Form 990
Officer · EmployeeReportableOther

+ 11 unpaid officers/directors as reported (BIL WYLIE JR, BOB CAVALLINE, CHARLIE WALLACE, +8 more)

All 11 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 itemAmount
DUES INCOME$3,272,771
FOOD BEVERAGE SALES$1,443,652
PRO SHOP MERCHANDISE$538,779
CART RENTALS$351,584
INITIATION FEES$274,300

CFounded in 1989, Cedarwood Country Club Inc reported $6.80M of revenue for FY22, at an operating margin of 3.7%. Revenue moved up 10.5% 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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