RHOL501(c)(7) · MEDIUMNAICS 713910EIN 56-6075553
Rolling Hills Country Club Inc
Monroe, NC · founded 1966
12 filings on recordFY 2012–2023medium confidence
Compare to peers →FY23 Total Revenue
$5.16M
▲ 28.4% YoY
FY23 Total Expenses
$4.21M
▲ 14.2% YoY
Operating Margin
18.5%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$5.2M
▲ 48.1% / 5y
Expenses
$4.2M
▲ 21.2% / 5y
Total Assets
$4.3M
▲ 50.4% / 5y
Total Liabilities
$1.1M
▼ 9.4% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.5M | $3.3M | $3.3M | $4.0M | $5.2M | +48.1% |
| Expenses | $3.5M | $3.1M | $3.1M | $3.7M | $4.2M | +21.2% |
| Net surplus | $14K | $175K | $175K | $336K | $955K | +6522.8% |
| Total assets | $2.8M | $3.1M | $3.1M | $3.5M | $4.3M | +50.4% |
| Total liabilities | $1.3M | $1.3M | $1.3M | $1.3M | $1.1M | -9.4% |
| Net assets | $1.6M | $1.8M | $1.8M | $2.2M | $3.1M | +98.5% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 4 unpaid officers/directors as reported (DR BUTCH RICHARDSON, JACK HARGETT, PATRICK BARTLETT, +1 more)
All 4 listed officers reported $0 compensation — volunteer board.
Top contractors
FY23 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| DINING, BAR & GRILL | $1,216,487 |
| GREENS/CART RENTAL | $996,718 |
| LESSON/MERCHANDISE | $231,598 |
| TENNIS LESSONS | $14,723 |
| POOL FEES | $5,512 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$905K
▼ $120K paid down
Net land, buildings & equipment
$2.3M
book value, net of depreciation
Facility age
74%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $125,462 |
| Depreciation & depletion | $223,874 |
| Advertising & promotion | $14,632 |
| Other professional fees | $25,354 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
ROLLING HILLS COUNTRY CLUB 401(K) PLAN
pension · 39 participants · $748K assets · FY2024
RFounded in 1966, Rolling Hills Country Club Inc reported $5.16M of revenue for FY23, at an operating margin of 18.5%. Revenue moved up 28.4% 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
The Quarterly · free
Get Rolling Hills Country Club Inc’s next filing — the day it posts.
We read every 990 so you don't have to — new filings, compensation moves, and the figures worth knowing, four times a year.
Quarterly only · no spam
Free · quarterly · unsubscribe in one click
Similar clubs
matched on revenue, geography & business mix
Same revenue band
RACIRacine Country Club
Revenue $5.2M — near your $5.2M
$5.2Mcompare →
EKWAEkwanok Country Club
Revenue $5.2M — near your $5.2M
$5.2Mcompare →
DALTDalton Golf And Country Club Inc
Revenue $5.2M — near your $5.2M
$5.2Mcompare →
Same state · NC
CABACabarrus Country Club Inc
NC club · $4.9M
$4.9Mcompare →
$5.6Mcompare →
BENTBentwinds Golf & Country Club Inc
NC club · $4.7M
$4.7Mcompare →
Similar revenue mix
MARSMarshfield Country Club
98% similar revenue mix
$5.4Mcompare →
ELLEEllendale Country Club
98% similar revenue mix
$4.1Mcompare →
SVPRSpring Valley Country Club
97% similar revenue mix
$2.9Mcompare →
Similar payroll intensity
ONONOnondaga Golf And Country Club
Payroll intensity 41.5% · near your 41.5%
$5.4Mcompare →
MISSThe Country Club Of Missouri
Payroll intensity 41.5% · near your 41.5%
$6.6Mcompare →
SATCCountry Club Of St Albans Inc
Payroll intensity 41.5% · near your 41.5%
$11.0Mcompare →