CHER501(c)(7) · MEDIUMNAICS 713910EIN 62-0157080

Cherokee Country Club

Knoxville, TN · founded 1942
13 filings on recordFY 20122024medium confidence
FY24 Total Revenue
$13.29M
▲ 10.4% YoY
FY24 Total Expenses
$11.22M
▲ 5.4% YoY
Operating Margin
15.6%
revenue minus expenses ÷ revenue
Employees
424
headcount as reported on filing

The Five-Year Picture

FY2020 — FY2024 · as filed
Revenue
$13.3M
▲ 61.6% / 5y
8.28.211.512.013.3
Expenses
$11.2M
▲ 52.7% / 5y
7.37.39.210.611.2
Total Assets
$37.3M
▲ 44.7% / 5y
25.825.833.936.337.3
Total Liabilities
$10.7M
▲ 112.9% / 5y
5.05.010.811.810.7

Year-on-year detail

from IRS Form 990
LineFY20FY21FY22FY23FY24Δ total
Revenue$8.2M$8.2M$11.5M$12.0M$13.3M+61.6%
Expenses$7.3M$7.3M$9.2M$10.6M$11.2M+52.7%
Net surplus$875K$875K$2.4M$1.4M$2.1M+136.7%
Total assets$25.8M$25.8M$33.9M$36.3M$37.3M+44.7%
Total liabilities$5.0M$5.0M$10.8M$11.8M$10.7M+112.9%
Net assets$20.7M$20.7M$23.1M$24.5M$26.6M+28.1%

Officer & staff compensation

FY24 · from IRS Form 990
Officer · EmployeeReportableOther
MICAH SHAWN WILKES
CHIEF OPERATING OFFICER· 40h/wk
$393,037$18,600
NEAL STAPP
Director of Racquets· 40h/wk
$262,341$15,433
JASON LEPAGE
Director of Golf· 40h/wk
$195,477$13,067
TRACEY PRINCE
Chief Financial Officer· 40h/wk
$167,645$7,380
STEVE ANDERSON
DIRECTOR OF AGRONOMY· 40h/wk
$166,827$9,902
DAVID PINCKNEY
Executive Chef· 40h/wk
$151,893$9,309
MIGUEL SILVA
CLUBHOUSE MANAGER· 40h/wk
$145,481$3,164

+ 12 unpaid officers/directors as reported (BARABARA COOK, BETSY CHILD, BRUCE BOSSE, +9 more)

Top contractors

FY24 · vendors paid $100k+ as reported
VendorServicePaid
PERFORMANCE TRAINING LLC
KNOXVILLE, TN
TRAINING$329,740
GREEN ARBOR SUPPLY
ANN ARBOR, MI
SUPPLY$177,597

Revenue by activity

FY24 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBER DUES/ASSESSMENTS$10,785,910
GOLF$795,079
TENNIS$524,419
OTHER$433,324

CFounded in 1942, Cherokee Country Club reported $13.29M of revenue for FY24, at an operating margin of 15.6%. Revenue moved up 10.4% 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, FY2024 · period ending Sun Mar 31 2024 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2023 · period ending Fri Mar 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Thu Mar 31 2022 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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