Skip to main content

Nonprofit · EIN 56-0268640

HOPE VALLEY COUNTRY CLUB INC

Tax-exempt · DURHAM, NC 27707

Financials

$8.5M$7.9M2023$9.5M$8.6M2024
Revenue Expenses · by fiscal year end
Financials of HOPE VALLEY COUNTRY CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$9,467,286$8,610,442$856,844$11,280,766$2,980,388$8,300,378
December 31, 2023990$8,524,449$7,896,059$628,390$11,383,797$3,940,263$7,443,534
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$9,366,727
Investment income
$31,924
Net gain from sales of assets
-$15,137
Net income from sales of inventory
$67,694
Other revenue
$68,635

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$348,923
Other salaries and wages
$3,151,649
Salaries, compensation and benefits (total)
$4,084,888
Professional fundraising fees
$0
Legal fees
$2,120
Occupancy
$437,321
Travel
$23,289
Depreciation
$899,985

Balance sheet and other

Total assets, start of year
$11,383,797
Total assets, end of year
$11,280,766
Total liabilities, end of year
$2,980,388
Net assets, end of year
$8,300,378
Land, buildings and equipment
$7,515,972
Net assets without donor restrictions
$8,300,378
Gross unrelated business income
$777,319
Gross receipts
$9,806,326
Employees
202
Volunteers
12
Year formed
1926
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Emzi WewersGeneral Manager
Officer
40$154,926$25,162
Robert ByrnesDirector of Golf
Key employee
40$151,926$16,909
Lindsey FoschiMembership Director
Highest-paid employee
40$136,551$8,603
MARTIN FORD BAKERDirector of Agronomy
Highest-paid employee
40$130,831$13,294
ALEC MOORETennis Instructor
Highest-paid employee
40$118,135$16,482
Travis DickersonAssistant General Manager
Highest-paid employee
40$118,621$8,096
MATTHEW C WILHELMTennis Instructor
Highest-paid employee
40$117,744$7,757
Bryson PowellPresident
Trustee or director, Officer
0.5$0$0
Andy FreedmanVice President
Trustee or director, Officer
0.5$0$0
Pauline DuensingTreasurer
Trustee or director, Officer
0.5$0$0
Tom HewittSecretary
Trustee or director, Officer
0.5$0$0
Dick HawkinsDirector
Trustee or director
0.5$0$0
Meredith HowellDirector
Trustee or director
0.5$0$0
Bobby FerrelDirector
Trustee or director
0.5$0$0
Scott McCullochDirector
Trustee or director
0.5$0$0
4 more people on this return
NameTitleHours / weekCompensation
Lucy MartindaleDirector
Trustee or director
0.5$0
Tommy KinneyDirector
Trustee or director
0.5$0
Paul SmithDirector
Trustee or director
0.5$0
Rob KirlandDirector
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationOther / benefits
Robert ByrnesHead Golf Pro
Key employee
40$165,172$7,655
Emzi WewersGeneral Manager
Officer
40$162,098$7,453
Travis DickersonAssistant General Manager
Highest-paid employee
40$115,759$5,970
Chad BuchmanGolf Course Maintenance
Highest-paid employee
40$112,281$6,406
Lindsey FoschiMembership Director
Highest-paid employee
40$103,907$6,003
Walker HarrisPresident
Trustee or director, Officer
1$0$0
Pauline DuensingFinance Comm Chair
Trustee or director, Officer
0.5$0$0
Hadley NixonFinance Comm Chair
Trustee or director, Officer
0.5$0$0
Bryson PowellDirector- 2024 President Elect
Trustee or director
0.5$0$0
Sara PottengerDirector
Trustee or director
0.5$0$0
Tom HewittDirector
Trustee or director
0.5$0$0
Dick HawkinsDirector
Trustee or director
0.5$0$0
Meredith HowellDirector
Trustee or director
0.5$0$0
Bobby FerrelDirector
Trustee or director
0.5$0$0
Andy FreedmanDirector
Trustee or director
0.5$0$0
Susan EasterlingDirector
Trustee or director
0.5$0$0
Scott McCullouchDirector
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
3803 DOVER RD, DURHAM, NC 27707-5100
In care of
% AMY WILLY
Principal officer (990 for 2024)
BRYSON POWELL, 3803 DOVER RD, DURHAM, NC 27707
Signed the 990
BRYSON POWELL, PRESIDENT
Phone
(919) 489-6565
Return prepared by
SMITH & HOWARD ADVISORY LLC

Mission

SOCIAL CLUB PROVIDING RECREATIONAL FACILITIES INCLUDING GOLF, TENNIS, SWIMMING, DINING, AND OTHER RECREATIONAL ACTIVITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDES ENTERTAINMENT FOR MEMBERS THROUGH GOLF OPERATIONS, DINING, TENNIS, AND SWIMMING FACILITIES.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-0268640
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1944
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,280,766
Income (IRS master file)
$9,806,326

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$9,467,286$8,610,442$11,280,766XML
990December 2023$8,524,449$7,896,059$11,383,797XML
990December 2022$7,924,281$7,416,472$10,305,881IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-0268640).

Questions about HOPE VALLEY COUNTRY CLUB INC

What is the EIN of HOPE VALLEY COUNTRY CLUB INC?
The employer identification number (EIN) of HOPE VALLEY COUNTRY CLUB INC is 56-0268640.
Is HOPE VALLEY COUNTRY CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1944.
Are donations to HOPE VALLEY COUNTRY CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HOPE VALLEY COUNTRY CLUB INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HOPE VALLEY COUNTRY CLUB INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOPE VALLEY COUNTRY CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of HOPE VALLEY COUNTRY CLUB INC?
The 990 for the year ended December 31, 2024 names BRYSON POWELL.
Who are the officers and directors of HOPE VALLEY COUNTRY CLUB INC?
The 990 for the year ended December 31, 2024 lists 19 people; 7 received compensation from the organization, the highest $154,926 (Emzi Wewers, General Manager).
How much revenue does HOPE VALLEY COUNTRY CLUB INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $9,467,286, expenses of $8,610,442 and total assets of $11,280,766 at year end.

Other nonprofits in DURHAM

All nonprofits in DURHAM · North Carolina