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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

TENN501(c)(7) · MEDIUMNAICS 713910EIN 58-1831848

Golf Club Of Tennessee

Kingston Spgs, TN · founded 1989

14 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$10.14M

▲ 8.2% YoY

FY23 Total Expenses

$8.83M

▼ 1.6% YoY

Operating Margin

12.9%

revenue minus expenses ÷ revenue

Employees

171

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$10.1M

▲ 30.4% / 5y

Expenses

$8.8M

▲ 28.3% / 5y

Total Assets

$27.3M

▲ 20.5% / 5y

Total Liabilities

$13.1M

▲ 100.9% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$7.8M	$8.2M	$8.2M	$9.4M	$10.1M	+30.4%
Expenses	$6.9M	$8.4M	$8.4M	$9.0M	$8.8M	+28.3%
Net surplus	$889K	-$222K	-$222K	$390K	$1.3M	+46.6%
Total assets	$22.7M	$25.1M	$25.1M	$24.3M	$27.3M	+20.5%
Total liabilities	$6.5M	$12.3M	$12.3M	$11.3M	$13.1M	+100.9%
Net assets	$16.2M	$12.8M	$12.8M	$13.1M	$14.3M	-11.9%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
General Manager· 40h/wk	$255,772	$34,743
Golf Course Superintendent· 40h/wk	$249,824	$31,614
Director of Instruction· 40h/wk	$204,395	$29,120
ASST. SUPERINTENDENT· 40h/wk	$127,233	$24,623
Head Golf Professional· 40h/wk	$114,696	$12,162

+ 16 unpaid officers/directors as reported (, , , +13 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
Ingram Entertainment LA VERGNE, TN	Professional services	$201,356

Revenue by activity

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

Line item	Amount
Membership Dues	$5,547,026
Golf Operations	$1,309,509
Non Equity Member Fees	$868,637
Schools and CIM Dues Amortization	$525,866
Clubhouse Services	$289,983

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$2.4M

▼ $613K paid down

Net land, buildings & equipment

$20.8M

book value, net of depreciation

Facility age

56%

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	$189,853
Occupancy	$344,115
Depreciation & depletion	$1,920,861
Information technology	$75,043
Advertising & promotion	$4,800
Office expenses	$695,109
Legal fees	$3,400
Accounting fees	$25,045
Other professional fees	$274,950

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

THE GOLF CLUB OF TENNESSEE 401(K) PLAN

pension · 81 participants · $2.0M assets · FY2024

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.

Seasonal labor

DOL OFLC · certified H-2B positions

Role	Wage floor (annualized)	Workers	Season
Landscaping and Groundskeeping Workers Kingston Springs, TN	$39K	12	Mar 2025 → Dec 2025

Positions the club certified through the U.S. Department of Labor’s H-2B program — an independent, government wage floor for rank-and-file roles the Form 990 never itemizes. Decision-maker contact available to members →

GFounded in 1989, Golf Club Of Tennessee reported $10.14M of revenue for FY23, at an operating margin of 12.9%. Revenue moved up 8.2% 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

▸ 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)

+ 11 more · via ProPublica

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