Nonprofit · EIN 56-1313779
THE COUNTRY CLUB OF SAPPHIRE VALLEY INC
Tax-exempt · CASHIERS, NC 28717
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $11,858,883 | $10,816,854 | $1,042,029 | $34,673,414 | $11,035,263 | $23,638,151 |
| December 31, 2023 | 990 | $13,304,475 | $9,587,941 | $3,716,534 | $33,038,428 | $10,332,584 | $22,705,844 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $9,170,949
- Investment income
- $159,367
- Net gain from sales of assets
- -$8,633
- Net income from sales of inventory
- $2,528,567
- Other revenue
- $2,528,567
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $4,029,272
- Salaries, compensation and benefits (total)
- $4,686,103
- Professional fundraising fees
- $0
- Occupancy
- $283,784
- Depreciation
- $2,000,851
- Program services (functional)
- $6,381,304
- Management and general (functional)
- $4,435,550
Balance sheet and other
- Total assets, start of year
- $33,038,428
- Total assets, end of year
- $34,673,414
- Total liabilities, end of year
- $11,035,263
- Net assets, end of year
- $23,638,151
- Land, buildings and equipment
- $27,651,177
- Net assets without donor restrictions
- $23,638,151
- Gross unrelated business income
- $168,000
- Gross receipts
- $12,900,287
- Employees
- 87
- Year formed
- 1978
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ASHTON HARRIS | GENERAL MANA Key employee | 40 | $256,843 | $8,080 |
| NICHOLAS PURKARICH | EMPLOYEE Highest-paid employee | – | $115,047 | $11,552 |
| DAVID CUNNINGHAM | VICE PRESIDE Trustee or director, Officer | 10 | $0 | $0 |
| STOTE ELLSWORTH | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MOLLY FELDMAN | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| CHRISTINE GADDIS | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JIM GRANT | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| STEPHANIE NOVEMBER | DIRECTOR Trustee or director | 5 | $0 | $0 |
| GUY PETERSON | DIRECTOR Trustee or director | 5 | $0 | $0 |
| LEE THOMAS | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| ED TYLER | DIRECTOR Trustee or director | 5 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ASHTON HARRIS | GENERAL MANA Key employee | 40 | $324,580 | $10,806 |
| NICHOLAS PURKARICH | EMPLOYEE Highest-paid employee | 40 | $171,403 | $8,032 |
| SIDNEY TRUESDALE | EMPLOYEE Highest-paid employee | 40 | $137,044 | $5,847 |
| DEAN PUGEL | EMPLOYEE Highest-paid employee | 40 | $126,241 | $11,922 |
| DAVID CUNNINGHAM | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| MOLLY FELDMAN | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| CHRISTINE GADDIS | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JIM GRANT | VICE PRESIDE Trustee or director, Officer | 10 | $0 | $0 |
| ED HUGHES | DIRECTOR Trustee or director | 5 | $0 | $0 |
| GUY PETERSON | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MILES RUSS | PRESIDENT Trustee or director, Officer | 10 | $0 | $0 |
| ALLEN TANSIL | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ED TYLER | DIRECTOR Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1100, CASHIERS, NC 28717-1100
- Principal officer (990 for 2024)
- JIM GRANT
- Signed the 990
- LEE THOMAS, TREASURER
- Phone
- (828) 743-2462
- Return prepared by
- ERIC T MOODY CPA PA
Mission
NON-PROFIT PRIVATE COUNTRY CLUB PROVIDING GOLF,TENNIS,CROQUET,FITNESS, POOL,DINING FACILITIES AND OTHER ACTIVITIES FOR APPROXIMATELY 350 MEMBERS
Program accomplishments
- NON-PROFIT PRIVATE COUNTRY CLUB PROVIDING GOLF,TENNIS,CROQUET,FITNESS, POOL,DINING FACILITIES AND OTHER ACTIVITIES FOR APPROXIMATELY 350 MEMBERSExpenses $6,381,304 · revenue $9,170,949
- NON-PROFIT PRIVATE COUNTRY CLUB PROVIDING GOLF,TENNIS,CROQUET,FITNESS, POOL,DINING FACILITIES AND OTHER ACTIVITIES FOR APPROXIMATELY 350 MEMBERS
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1313779
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1987
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $34,673,414
- Income (IRS master file)
- $12,900,287
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $11,858,883 | $10,816,854 | $34,673,414 | IRS |
| 990 | December 2023 | $13,304,475 | $9,587,941 | $33,038,428 | XML |
| 990 | December 2022 | $9,808,527 | $8,032,966 | $25,988,531 | IRS |
| 990 | December 2021 | $10,087,143 | $6,689,660 | $23,447,358 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | February 2019 | – | – | – | 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 56-1313779).
Questions about THE COUNTRY CLUB OF SAPPHIRE VALLEY INC
- What is the EIN of THE COUNTRY CLUB OF SAPPHIRE VALLEY INC?
- The employer identification number (EIN) of THE COUNTRY CLUB OF SAPPHIRE VALLEY INC is 56-1313779.
- Is THE COUNTRY CLUB OF SAPPHIRE VALLEY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1987.
- Are donations to THE COUNTRY CLUB OF SAPPHIRE VALLEY INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does THE COUNTRY CLUB OF SAPPHIRE VALLEY 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 THE COUNTRY CLUB OF SAPPHIRE VALLEY 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 THE COUNTRY CLUB OF SAPPHIRE VALLEY 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 THE COUNTRY CLUB OF SAPPHIRE VALLEY INC?
- The 990 for the year ended December 31, 2024 names JIM GRANT.
- Who are the officers and directors of THE COUNTRY CLUB OF SAPPHIRE VALLEY INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 2 received compensation from the organization, the highest $256,843 (ASHTON HARRIS, GENERAL MANA).
- How much revenue does THE COUNTRY CLUB OF SAPPHIRE VALLEY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $11,858,883, expenses of $10,816,854 and total assets of $34,673,414 at year end.
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