LHRI501(c)(7) · MEDIUMNAICS 713910EIN 62-0534024

Link Hills Country Club Rt 5

Greeneville, TN · founded 1956
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$979k
▼ 7.3% YoY
FY23 Total Expenses
$1.10M
▲ 7.6% YoY
Operating Margin
-11.9%
revenue minus expenses ÷ revenue
Employees
39
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$979K
▲ 12.4% / 5y
8719379371.1979
Expenses
$1.1M
▲ 20.5% / 5y
9109889881.01.1
Total Assets
$215K
▲ 57.4% / 5y
136250250250215
Total Liabilities
$651K
▲ 77.4% / 5y
367569569532651

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$871K$937K$937K$1.1M$979K+12.4%
Expenses$910K$988K$988K$1.0M$1.1M+20.5%
Net surplus-$39K-$51K-$51K$38K-$117K+201.9%
Total assets$136K$250K$250K$250K$215K+57.4%
Total liabilities$367K$569K$569K$532K$651K+77.4%
Net assets-$230K-$320K-$320K-$282K-$436K+89.2%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
Robert Ward
Key Employee· 40h/wk
$53,167

+ 12 unpaid officers/directors as reported (Becky Rideout, Bill Armstrong, Brandon Hull, +9 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
Golf Course$208,615
Ballroom Rental$5,725
Locker Rentals$3,926
Pool$788

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$248K
$6K paid down
Net land, buildings & equipment
$33K
book value, net of depreciation
Facility age
25%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$64K$127K$191K$254KFY20 · $254KFY20FY21 · $254KFY21FY22 · $254KFY22FY23 · $248KFY23

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
Management fees$0
Insurance$43,576
Occupancy$116,965
Depreciation & depletion$4,361
Information technology$17,313
Advertising & promotion$650
Office expenses$3,473
Legal fees$0
Accounting fees$0
Other professional fees$0

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.

LFounded in 1956, Link Hills Country Club Rt 5 reported $979k of revenue for FY23, at an operating margin of -11.9%. Revenue moved down 7.3% 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)
+ 10 more · via ProPublica
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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