VALD501(c)(7) · MEDIUMNAICS 713910EIN 58-0471100
Valdosta Country Club
Valdosta, GA · founded 1945
13 filings on recordFY 2011–2022medium confidence
Compare to peers →FY22 Total Revenue
$3.78M
▲ 9.1% YoY
FY22 Total Expenses
$3.34M
▲ 2.6% YoY
Operating Margin
11.7%
revenue minus expenses ÷ revenue
Employees
120
headcount as reported on filing
The Five-Year Picture
FY2018 — FY2022 · as filed
Revenue
$3.8M
▲ 37.0% / 5y
Expenses
$3.3M
▲ 14.9% / 5y
Total Assets
$9.0M
▲ 113.6% / 5y
Total Liabilities
$6.8M
▲ 153.1% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY18 | FY19 | FY20 | FY21 | FY22 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $2.8M | $2.9M | $3.5M | $3.5M | $3.8M | +37.0% |
| Expenses | $2.9M | $3.2M | $3.3M | $3.3M | $3.3M | +14.9% |
| Net surplus | -$147K | -$266K | $211K | $211K | $442K | -399.8% |
| Total assets | $4.2M | $4.1M | $4.2M | $4.2M | $9.0M | +113.6% |
| Total liabilities | $2.7M | $2.7M | $2.4M | $2.4M | $6.8M | +153.1% |
| Net assets | $1.5M | $1.4M | $1.8M | $1.8M | $2.2M | +44.2% |
Officer & staff compensation
FY22 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
CARY T BROWN MANAGER· 40h/wk | $129,370 | — |
+ 10 unpaid officers/directors as reported (FRANKLIN PATTEN, GARRETT COPELAND, GREG HUNTER, +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 |
|---|---|
| MEMBERSHIP DUES & ASSESSMENTS | $3,423,268 |
| GOLF | $273,236 |
| BALLROOM RENTAL | $43,080 |
| FITNESS CENTER | $11,490 |
| TENNIS | $1,784 |
Balance sheet & capital
FY22 · IRS Form 990, Part X
Mortgages & notes payable
$2.1M
▼ $74K paid down
Net land, buildings & equipment
$2.9M
book value, net of depreciation
Facility age
55%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY22 · Form 990, Part IX
| Insurance | $96,752 |
| Occupancy | $304,998 |
| Depreciation & depletion | $136,949 |
| Office expenses | $1,956 |
| Accounting fees | $19,094 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
VALDOSTA COUNTRY CLUB, INC. SELF FUNDED MEDICAL REIMBURSEMENT PLAN
welfare · 10 participants · FY2024
VFounded in 1945, Valdosta Country Club reported $3.78M of revenue for FY22, at an operating margin of 11.7%. Revenue moved up 9.1% 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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