BMEL501(c)(7) · MEDIUMNAICS 713910EIN 62-0128180

Belle Meade Country Club

Nashville, TN · founded 1958
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$19.82M
▲ 3.6% YoY
FY23 Total Expenses
$21.18M
▲ 9.3% YoY
Operating Margin
-6.9%
revenue minus expenses ÷ revenue
Employees
389
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$19.8M
▲ 42.3% / 5y
13.915.015.019.119.8
Expenses
$21.2M
▲ 74.7% / 5y
12.113.913.919.421.2
Total Assets
$49.7M
▲ 37.7% / 5y
36.143.043.044.749.7
Total Liabilities
$6.0M
▲ 47.8% / 5y
4.17.27.25.86.0

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$13.9M$15.0M$15.0M$19.1M$19.8M+42.3%
Expenses$12.1M$13.9M$13.9M$19.4M$21.2M+74.7%
Net surplus$1.8M$1.1M$1.1M-$245K-$1.4M-175.5%
Total assets$36.1M$43.0M$43.0M$44.7M$49.7M+37.7%
Total liabilities$4.1M$7.2M$7.2M$5.8M$6.0M+47.8%
Net assets$32.1M$35.7M$35.7M$38.9M$43.7M+36.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MICHAEL D SEABROOK
GENERAL MANAGER/COO· 40h/wk
$429,504$27,327
JAMES O PEACOCK
Head Golf Professional· 40h/wk
$378,178$25,846
JOHN R YANCEY
Director of Racquets· 40h/wk
$311,267$28,129
TIMOTHY YEATON
DIRECTOR OF INSTRUCTIONS· 40h/wk
$219,854$2,653
SETH SHIPLEY
Executive Chef· 40h/wk
$214,016$19,171
DOUGLAS A WARD
Golf Course Superintendent· 40h/wk
$210,614$20,892

+ 9 unpaid officers/directors as reported (ALLEN OAKLEY, ARTHUR BEST, BILL HAWKINS, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$9,398,140
ASSESSMENT FEES$2,419,360
GOLF$1,760,121
TENNIS & SWIMMING$817,795
FITNESS CENTER$683,026

BFounded in 1958, Belle Meade Country Club reported $19.82M of revenue for FY23, at an operating margin of -6.9%. Revenue moved up 3.6% 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)
+ 10 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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