SELM501(c)(7) · MEDIUMNAICS 713910EIN 62-0712584

Selmer Golf & Country Club Inc

Selmer, TN · founded 1963
9 filings on recordFY 20142023medium confidence
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FY23 Total Revenue
$168k
▼ 28.5% YoY
FY23 Total Expenses
$222k
▲ 1.1% YoY
Operating Margin
-32.7%
revenue minus expenses ÷ revenue
Employees
10
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$168K
▲ 7.9% / 5y
155219219234168
Expenses
$222K
▲ 31.7% / 5y
169177177220222
Total Assets
$369K
▼ 37.1% / 5y
586406406376369
Total Liabilities
$199K
▲ 5.3% / 5y
189152152154199

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$155K$219K$219K$234K$168K+7.9%
Expenses$169K$177K$177K$220K$222K+31.7%
Net surplus-$14K$42K$42K$14K-$55K+306.0%
Total assets$586K$406K$406K$376K$369K-37.1%
Total liabilities$189K$152K$152K$154K$199K+5.3%
Net assets$398K$254K$254K$222K$170K-57.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 9 unpaid officers/directors as reported (CLARK MOYE, DOUG JONES, JACK GLOVER, +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 itemAmount
CART RENTAL$4,223
GREENS FEES$2,448

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$169K
$35K new borrowing
Net land, buildings & equipment
$368K
book value, net of depreciation
Facility age
43%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$42K$84K$127K$169KFY20 · $152KFY20FY21 · $152KFY21FY22 · $134KFY22FY23 · $169KFY23

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$15,783
Occupancy$25,581
Depreciation & depletion$16,884
Advertising & promotion$60
Office expenses$4,074

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.

SFounded in 1963, Selmer Golf & Country Club Inc reported $168k of revenue for FY23, at an operating margin of -32.7%. Revenue moved down 28.5% 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 Wed May 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Tue May 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Mon May 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 6 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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