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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

HIGH501(c)(7) · MEDIUMNAICS 713910EIN 61-0225185

Highland Country Club Inc

Fort Thomas, KY · founded 1965

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$3.01M

▲ 23.6% YoY

FY23 Total Expenses

$2.64M

▲ 17.3% YoY

Operating Margin

12.1%

revenue minus expenses ÷ revenue

Employees

125

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$3.0M

▲ 78.1% / 5y

Expenses

$2.6M

▲ 51.3% / 5y

Total Assets

$3.7M

▲ 26.6% / 5y

Total Liabilities

$758K

▼ 32.6% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$1.7M	$2.1M	$2.1M	$2.4M	$3.0M	+78.1%
Expenses	$1.7M	$1.9M	$1.9M	$2.3M	$2.6M	+51.3%
Net surplus	-$57K	$198K	$198K	$182K	$366K	-741.2%
Total assets	$3.0M	$3.2M	$3.2M	$3.4M	$3.7M	+26.6%
Total liabilities	$1.1M	$897K	$897K	$825K	$758K	-32.6%
Net assets	$1.8M	$2.3M	$2.3M	$2.5M	$3.0M	+63.1%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other

+ 9 unpaid officers/directors as reported (DAVE CARPENTER, DAVE HAAS, JACK BUECKER, +6 more)

All 9 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
MEMBERSHIP DUES & ASSE	$1,873,490
PROGRAM SERVICE REVENU	$542,961

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

—

end of year

Net land, buildings & equipment

$2.9M

book value, net of depreciation

Facility age

55%

accumulated depreciation ÷ cost — higher = older plant

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	$43,385
Occupancy	$296,986
Depreciation & depletion	$126,000
Office expenses	$1,947

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

HIGHLAND COUNTRY CLUB 401(K) PLAN

pension · 25 participants · $115K assets · FY2024

HIGHLAND COUNTRY CLUB CBS BENEFIT PLAN

welfare · 13 participants · $30K 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.

HFounded in 1965, Highland Country Club Inc reported $3.01M of revenue for FY23, at an operating margin of 12.1%. Revenue moved up 23.6% 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 Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2021 · period ending Thu Sep 30 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

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