SEPS501(c)(7) · MEDIUMNAICS 713910EIN 58-0418120
Savannah Golf Club Inc 1661 E President St
Savannah, GA · founded 1969
12 filings on recordFY 2011–2022medium confidence
Compare to peers →FY22 Total Revenue
$6.40M
▲ 3.2% YoY
FY22 Total Expenses
$5.01M
▲ 13.5% YoY
Operating Margin
21.8%
revenue minus expenses ÷ revenue
Employees
148
headcount as reported on filing
The Five-Year Picture
FY2018 — FY2022 · as filed
Revenue
$6.4M
▲ 19.3% / 5y
Expenses
$5.0M
▼ 6.2% / 5y
Total Assets
$16.6M
▲ 22.5% / 5y
Total Liabilities
$7.8M
▼ 6.8% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY18 | FY19 | FY20 | FY21 | FY22 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $5.4M | $4.2M | $6.2M | $6.2M | $6.4M | +19.3% |
| Expenses | $5.3M | $4.3M | $4.4M | $4.4M | $5.0M | -6.2% |
| Net surplus | $29K | -$65K | $1.8M | $1.8M | $1.4M | +4718.7% |
| Total assets | $13.6M | $12.9M | $15.4M | $15.4M | $16.6M | +22.5% |
| Total liabilities | $8.4M | $7.8M | $8.0M | $8.0M | $7.8M | -6.8% |
| Net assets | $5.2M | $5.1M | $7.4M | $7.4M | $8.8M | +70.1% |
Officer & staff compensation
FY22 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
GUNNARD CUNNINGHAM GENERAL MANA | $149,447 | — |
JORDAN BELL GOLF COURSE | $140,846 | — |
+ 10 unpaid officers/directors as reported (ADAM J MOODY, ALAN S ANDERSON, BARRY C STACEY, +7 more)
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 |
|---|---|
| DUES FROM MEMBERS | $3,166,020 |
| MEMBER ASSESSMENTS | $1,397,616 |
| INITIATION FEES | $672,145 |
| GOLF CART REVENUE | $380,099 |
| GOLF COURSE REVENUE | $225,815 |
Balance sheet & capital
FY22 · IRS Form 990, Part X
Mortgages & notes payable
$7.1M
▼ $253K paid down
Net land, buildings & equipment
$14.8M
book value, net of depreciation
Facility age
33%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY22 · Form 990, Part IX
| Insurance | $88,224 |
| Depreciation & depletion | $729,689 |
| Office expenses | $26,263 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
THE SAVANNAH GOLF CLUB PROFIT SHARING PLAN & TRUST
pension · 43 participants · $2.7M assets · FY2024
SFounded in 1969, Savannah Golf Club Inc 1661 E President St reported $6.40M of revenue for FY22, at an operating margin of 21.8%. Revenue moved up 3.2% 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
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