CMHE501(c)(7) · MEDIUMNAICS 713910EIN 88-2363462

Chestnut Mountain Golf Club

Mills River, NC · founded 2023
2 filings on recordFY 20222023medium confidence
FY23 Total Revenue
$775k
▲ 50.9% YoY
FY23 Total Expenses
$729k
▲ 111.8% YoY
Operating Margin
5.8%
revenue minus expenses ÷ revenue
Employees
0
headcount as reported on filing

The Five-Year Picture

FY2022 — FY2023 · as filed
Revenue
$775K
▲ 50.9% / 2y
513775
Expenses
$729K
▲ 111.8% / 2y
344729
Total Assets
$348K
▼ 16.7% / 2y
418348
Total Liabilities
$127K
▼ 48.8% / 2y
248127

Year-on-year detail

from IRS Form 990
LineFY22FY23Δ total
Revenue$513K$775K+50.9%
Expenses$344K$729K+111.8%
Net surplus$169K$45K-73.2%
Total assets$418K$348K-16.7%
Total liabilities$248K$127K-48.8%
Net assets$169K$221K+30.5%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 4 unpaid officers/directors as reported (Chris Jordan, James Tart, Paul Lynch, +1 more)

All 4 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
Golf Income$464,170

CFounded in 2023, Chestnut Mountain Golf Club reported $775k of revenue for FY23, at an operating margin of 5.8%. Revenue moved up 50.9% 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
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)
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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