NMOR501(c)(7) · MEDIUMNAICS 713910EIN 64-0214700
Northwood Country Club Of Meridan
Meridian, MS · founded 1939
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$2.91M
▲ 9.9% YoY
FY23 Total Expenses
$2.69M
▲ 13.6% YoY
Operating Margin
7.6%
revenue minus expenses ÷ revenue
Employees
117
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$2.9M
▲ 28.9% / 5y
Expenses
$2.7M
▲ 30.7% / 5y
Total Assets
$3.3M
▲ 67.0% / 5y
Total Liabilities
$1.2M
▲ 85.2% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $2.3M | $2.3M | $2.3M | $2.6M | $2.9M | +28.9% |
| Expenses | $2.1M | $2.0M | $2.0M | $2.4M | $2.7M | +30.7% |
| Net surplus | $201K | $290K | $290K | $281K | $221K | +10.3% |
| Total assets | $2.0M | $2.6M | $2.6M | $2.6M | $3.3M | +67.0% |
| Total liabilities | $645K | $552K | $552K | $679K | $1.2M | +85.2% |
| Net assets | $1.4M | $2.0M | $2.0M | $1.9M | $2.2M | +58.3% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 9 unpaid officers/directors as reported (AUSTIN HOLMES, FRED MONSOUR, GERRY MITCHELL, +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 item | Amount |
|---|---|
| DUES | $2,040,498 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$499K
▲ $270K new borrowing
Net land, buildings & equipment
$2.2M
book value, net of depreciation
Facility age
80%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Depreciation & depletion | $315,809 |
NFounded in 1939, Northwood Country Club Of Meridan reported $2.91M of revenue for FY23, at an operating margin of 7.6%. Revenue moved up 9.9% 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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