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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

GREE501(c)(7) · MEDIUMNAICS 713910EIN 57-0173330

Greenville Country Club

Greenville, SC · founded 1940

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$21.48M

▲ 19.6% YoY

FY23 Total Expenses

$19.83M

▲ 12.9% YoY

Operating Margin

7.7%

revenue minus expenses ÷ revenue

Employees

358

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$21.5M

▲ 37.6% / 5y

Expenses

$19.8M

▲ 29.2% / 5y

Total Assets

$37.7M

▲ 34.5% / 5y

Total Liabilities

$22.6M

▲ 17.9% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$15.6M	$16.7M	$16.7M	$18.0M	$21.5M	+37.6%
Expenses	$15.3M	$14.7M	$14.7M	$17.6M	$19.8M	+29.2%
Net surplus	$268K	$2.0M	$2.0M	$390K	$1.6M	+515.6%
Total assets	$28.0M	$30.9M	$30.9M	$35.0M	$37.7M	+34.5%
Total liabilities	$19.2M	$18.4M	$18.4M	$21.7M	$22.6M	+17.9%
Net assets	$8.9M	$12.6M	$12.6M	$13.3M	$15.1M	+70.4%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
COO· 60h/wk	$287,762	$25,017
Director of Racquets· 40h/wk	$216,437	$22,317
Golf Director· 40h/wk	$203,066	$33,421
Director of Agronomy· 40h/wk	$182,069	$16,672
Assistant General Manager· 40h/wk	$165,095	$24,309

+ 14 unpaid officers/directors as reported (, , , +11 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
Tee Time Therapy Simpsonville, SC	Personal Training	$227,765

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
Membership Dues	$7,471,144
Initiation Fees	$4,305,669
Food and Beverage	$3,954,708
Golf	$2,070,473
Pro Shop Sales	$1,747,596

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$8.7M

▼ $192K paid down

Net land, buildings & equipment

$24.2M

book value, net of depreciation

Facility age

41%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

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

FY23 · Form 990, Part IX

Insurance	$229,395
Occupancy	$1,047,581
Depreciation & depletion	$1,740,615
Information technology	$6,425
Advertising & promotion	$27,823
Office expenses	$1,013,169
Accounting fees	$100,974
Other professional fees	$1,001,497

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

GREENVILLE COUNTRY CLUB 401(K) PLAN

pension · 242 participants · FY2024

GREENVILLE COUNTRY CLUB BENEFITS PLAN

welfare · 132 participants · FY2024

Service provider	Paid
Capfinancial Partners LLC	$17,508
Aetna Life Insurance Company	$27,827

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.

GFounded in 1940, Greenville Country Club reported $21.48M of revenue for FY23, at an operating margin of 7.7%. Revenue moved up 19.6% 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, FY2023 · period ending Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ 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)

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