IHND501(c)(7) · MEDIUMNAICS 713910EIN 63-0418130
Indian Hills Country Club Inc
Tuscaloosa, AL · founded 1972
12 filings on recordFY 2011–2022medium confidence
Compare to peers →FY22 Total Revenue
$7.57M
▲ 23.2% YoY
FY22 Total Expenses
$6.28M
▲ 25.9% YoY
Operating Margin
17.1%
revenue minus expenses ÷ revenue
Employees
245
headcount as reported on filing
The Five-Year Picture
FY2018 — FY2022 · as filed
Revenue
$7.6M
▲ 30.8% / 5y
Expenses
$6.3M
▲ 20.0% / 5y
Total Assets
$21.2M
▲ 54.7% / 5y
Total Liabilities
$12.5M
▲ 94.2% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY18 | FY19 | FY20 | FY21 | FY22 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $5.8M | $5.5M | $6.1M | $6.1M | $7.6M | +30.8% |
| Expenses | $5.2M | $5.0M | $5.0M | $5.0M | $6.3M | +20.0% |
| Net surplus | $556K | $455K | $1.2M | $1.2M | $1.3M | +132.5% |
| Total assets | $13.7M | $13.4M | $17.9M | $17.9M | $21.2M | +54.7% |
| Total liabilities | $6.4M | $6.2M | $9.9M | $9.9M | $12.5M | +94.2% |
| Net assets | $7.3M | $7.2M | $8.0M | $8.0M | $8.7M | +19.9% |
Officer & staff compensation
FY22 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
NICHOLAS GORA General Manager· 40h/wk | $151,729 | $3,656 |
KEITH SWINDOLL EMPLOYEE· 40h/wk | $131,013 | $3,656 |
LUKE DENNETT EMPLOYEE· 40h/wk | $115,140 | — |
BRYANT LANCASTER EMPLOYEE· 40h/wk | $109,762 | — |
PAUL REID JR EMPLOYEE· 40h/wk | $108,068 | $3,656 |
+ 15 unpaid officers/directors as reported (BARRY FIELDS, BRIAN HURD, BRIAN LOUMA, +12 more)
Top contractors
FY22 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY22 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| KITCHEN | $1,352,968 |
| GOLF | $823,290 |
| BAR | $497,976 |
| TENNIS | $250,784 |
| FITNESS | $156,790 |
Balance sheet & capital
FY22 · IRS Form 990, Part X
Mortgages & notes payable
$10.9M
▲ $2.7M new borrowing
Net land, buildings & equipment
$18.0M
book value, net of depreciation
Facility age
36%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
Professionally managedFY22 · Form 990, Part IX
| Management fees | $9,010 |
| Insurance | $288,150 |
| Information technology | $79,054 |
| Advertising & promotion | $17,173 |
| Other professional fees | $248,181 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
INDIAN HILLS COUNTRY CLUB 401(K) PROFIT SHARING PLAN & TRUST
pension · 94 participants · $1.5M assets · FY2024
IFounded in 1972, Indian Hills Country Club Inc reported $7.57M of revenue for FY22, at an operating margin of 17.1%. Revenue moved up 23.2% 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
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