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Nonprofit · EIN 58-0659988

CHEROKEE TOWN & COUNTRY CLUB INC

Tax-exempt · ATLANTA, GA 30305

Financials

$50.4M$44.9M2022$55.1M$48.2M2023$58.9M$50.9M2024
Revenue Expenses · by fiscal year end
Financials of CHEROKEE TOWN & COUNTRY CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2025990$58,861,520$50,879,242$7,982,278$87,522,094$9,714,553$77,807,541
February 29, 2024990$55,109,670$48,227,599$6,882,071$78,906,470$9,081,207$69,825,263
February 28, 2023990$50,444,546$44,867,771$5,576,775$75,173,945$12,230,753$62,943,192
Financial details: 990 for the year ended February 28, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$47,776,891
Investment income
$1,099,625
Net rental income
$38,461
Net gain from sales of assets
$207,530
Net income from sales of inventory
$8,981,284
Other revenue
$9,985,004

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$5,073,435
Other salaries and wages
$18,203,465
Salaries, compensation and benefits (total)
$27,839,518
Professional fundraising fees
$0
Legal fees
$95,073
Accounting fees
$62,119
Depreciation
$7,511,918

Balance sheet and other

Total assets, start of year
$78,906,470
Total assets, end of year
$87,522,094
Total liabilities, end of year
$9,714,553
Net assets, end of year
$77,807,541
Land, buildings and equipment
$44,056,019
Net assets without donor restrictions
$77,807,541
Gross unrelated business income
$3,537,985
Gross receipts
$66,641,666
Employees
819
Volunteers
120
Year formed
1956
State of legal domicile
GA

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 February 28, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL S WHEELERCHIEF OPERATING OFFICER
Highest-paid employee
60$607,777$107,374
MARK A MONGELLDIRECTOR OF GOLF
Highest-paid employee
60$365,324$28,916
KEN B LEEDIRECTOR OF GOLF COURSE MA
Highest-paid employee
60$351,848$27,736
TODD KELLYDIRECTOR OF CULINARY, FOOD
Highest-paid employee
60$330,827$34,849
KRAIG GADSBYCHIEF FINANCIAL OFFICER
Highest-paid employee
60$310,868$16,405
MILOS VASOVICDIRECTOR OF RACQUETS
Highest-paid employee
60$275,828$25,912
JOSHUA L AARONSONDIRECTOR OF TOWN CLUB OPER
Highest-paid employee
60$259,350$18,651
ROLAND R TEKENBROEKHEAD TENNIS PROFESSIONAL
Highest-paid employee
60$244,359$32,305
JOE M DAVISDIRECTOR OF FACILITIES AND
Highest-paid employee
60$191,488$25,938
BEN G MCWILLIAMSCOUNTRY CLUB MANAGER
Highest-paid employee
60$194,402$12,881
CHAD C FERRELLCOUNTRY CLUB SHOP DIRECTOR
Highest-paid employee
60$169,577$28,202
JENELL L WILLIAMSDIRECTOR OF ACCOUNTING AND FINANCE
Highest-paid employee
60$169,911$15,057
REGIE G PACOLMASSAGE THERAPIST
Highest-paid employee
60$152,161$27,424
ANTHONY J CORDESGOLF PROFESSIONAL
Highest-paid employee
60$154,330$23,825
NIX N DUNCANASST. GOLF PROFESSIONAL
Highest-paid employee
60$158,826$14,115
17 more people on this return
NameTitleHours / weekCompensationOther / benefits
PETER S JONESGOLF PROFESSIONAL
Highest-paid employee
60$158,289$8,158
ALEX HWANGEXECUTIVE PASTRY CHEF
Highest-paid employee
60$151,387$7,956
BRYCE D BOGGSDIRECTOR OF FITNESS & WELL
Highest-paid employee
60$140,217$17,598
ADAM A CRISPDIRECTOR OF MARKETING AND COMM
Highest-paid employee
60$139,416$13,949
ROB LARMOREPRESIDENT
Trustee or director, Officer
15$0$0
JOHN HERMANVICE PRESIDENT
Trustee or director, Officer
15$0$0
BILL TUCKERSECRETARY
Trustee or director, Officer
15$0$0
SHATUL PARIKHTREASURER
Trustee or director, Officer
15$0$0
MATT LINDSAYDIRECTOR
Trustee or director
10$0$0
JOHN MARRADIRECTOR
Trustee or director
10$0$0
JORDAN KIELDIRECTOR
Trustee or director
10$0$0
ANDY BERGDIRECTOR
Trustee or director
10$0$0
RON STEWARTDIRECTOR
Trustee or director
10$0$0
WENDY THOMPSONDIRECTOR
Trustee or director
10$0$0
SONNY COHENDIRECTOR
Trustee or director
10$0$0
STEVE WRAYDIRECTOR
Trustee or director
10$0$0
TODD HENNINGSENDIRECTOR
Trustee or director
10$0$0
990 for the year ended February 29, 2024: 29 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL S WHEELERCHIEF OPERATING OFFICER
Highest-paid employee
60$586,888$103,123
MARK A MONGELLDIRECTOR OF GOLF
Highest-paid employee
60$351,008$31,870
KEN B LEEDIRECTOR OF GOLF COURSE MA
Highest-paid employee
60$332,908$31,232
TODD KELLYDIRECTOR OF CULINARY, FOOD
Highest-paid employee
60$319,377$38,787
KRAIG GADSBYCHIEF FINANCIAL OFFICER
Highest-paid employee
60$296,227$18,985
MILOS VASOVICDIRECTOR OF RACQUETS
Highest-paid employee
60$238,813$22,425
ROLAND R TEKENBROEKTENNIS PROFESSIONAL
Highest-paid employee
60$220,993$31,846
JOSHUA L AARONSONDIRECTOR OF TOWN CLUB OPER
Highest-paid employee
60$230,688$20,148
JOE M DAVISDIRECTOR OF FACILITIES AND PROJECT MGMT
Highest-paid employee
60$178,071$20,802
REGIE G PACOLMASSAGE THERAPIST
Highest-paid employee
60$158,704$28,224
BEN G MCWILLIAMSCOUNTRY CLUB MANAGER
Highest-paid employee
60$172,987$11,366
ANTHONY J CORDESGOLF PROFESSIONAL
Highest-paid employee
60$158,088$24,340
JENELL L WILLIAMSCONTROLLER
Highest-paid employee
60$161,096$15,923
NIX N DUNCANGOLF PROFESSIONAL
Highest-paid employee
60$164,130$12,576
PETER S JONESGOLF PROFESSIONAL
Highest-paid employee
60$155,438$9,813
DAVE A RASTDIRECTOR OF HUMAN RESOURCES
Highest-paid employee
60$150,250$3,908
EDWARD HOLMESPRESIDENT
Trustee or director, Officer
15$0$0
ROB LARMOREVICE PRESIDENT
Trustee or director, Officer
15$0$0
BILL TUCKERSECRETARY
Trustee or director, Officer
15$0$0
JOHN HERMANTREASURER
Trustee or director, Officer
15$0$0
CHARLIE CRAWFORDDIRECTOR
Trustee or director
10$0$0
SHATUL PARIKHDIRECTOR
Trustee or director
10$0$0
BOB BUCKDIRECTOR
Trustee or director
10$0$0
ANDY BERGDIRECTOR
Trustee or director
10$0$0
RON STEWARTDIRECTOR
Trustee or director
10$0$0
WENDY THOMPSONDIRECTOR
Trustee or director
10$0$0
SONNY COHENDIRECTOR
Trustee or director
10$0$0
STEVE WRAYDIRECTOR
Trustee or director
10$0$0
TODD HENNINGSENDIRECTOR
Trustee or director
10$0$0
990 for the year ended February 28, 2023: 29 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL S WHEELERCHIEF OPERATING OFFICER
Highest-paid employee
60$573,190$94,101
MARK A MONGELLDIRECTOR OF GOLF
Highest-paid employee
60$335,456$26,649
TODD KELLYDIRECTOR OF CULINARY, FOOD
Highest-paid employee
60$313,171$35,702
KEN B LEEDIRECTOR OF GOLF COURSE MA
Highest-paid employee
60$308,911$28,650
KRAIG GADSBYCHIEF FINANCIAL OFFICER
Highest-paid employee
60$285,394$16,161
ROLAND R TEKENBROEKTENNIS PROFESSIONAL
Highest-paid employee
60$200,824$28,718
JOSHUA L AARONSONDIRECTOR OF TOWN CLUB OPER
Highest-paid employee
60$196,826$15,490
REGIE G PACOLMASSAGE THERAPIST
Highest-paid employee
60$156,261$25,539
ANTHONY J CORDESGOLF PROFESSIONAL
Highest-paid employee
60$151,414$22,402
PETER S JONESGOLF PROFESSIONAL
Highest-paid employee
60$156,716$9,743
JEWELL N DUNCANGOLF PROFESSIONAL
Highest-paid employee
60$150,705$11,209
RACHEL M BELLFORMER DIRECTOR OF STRATEGIC COMMUNICATIONS
Former
60$151,051$4,904
ALFONSO D CERQUEDAFORMER EXECUTIVE CHEF
Former
60$146,852$8,995
BENJAMIN J DASHIELLTENNIS PROFESSIONAL
Highest-paid employee
60$140,234$13,030
JENELL L WILLIAMSCONTROLLER
Highest-paid employee
60$137,982$13,465
MILOS VASOVICDIRECTOR OF RACQUETS
Highest-paid employee
60$143,419$6,911
CLAY SNELLINGSPRESIDENT
Trustee or director, Officer
15$0$0
EDWARD HOLMESVICE PRESIDENT
Trustee or director, Officer
15$0$0
ROB HOSTETTERSECRETARY
Trustee or director, Officer
15$0$0
ROB LARMORETREASURER
Trustee or director, Officer
15$0$0
KEVIN MCGONIGLEDIRECTOR
Trustee or director
10$0$0
BOB BUCKDIRECTOR
Trustee or director
10$0$0
CHARLIE CRAWFORDDIRECTOR
Trustee or director
10$0$0
SHATUL PARIKHDIRECTOR
Trustee or director
10$0$0
BILL TUCKERDIRECTOR
Trustee or director
10$0$0
ANDY BERGDIRECTOR
Trustee or director
10$0$0
JOHN HERMANDIRECTOR
Trustee or director
10$0$0
WENDY THOMPSONDIRECTOR
Trustee or director
10$0$0
SONNY COHENDIRECTOR
Trustee or director
10$0$0

Address and contacts

Address (IRS master file)
155 W PACES FERRY RD NW, ATLANTA, GA 30305-1305
In care of
% CHER
Principal officer (990 for 2024)
KRAIG GADSBY, 155 WEST PACES FERRY ROAD NW, ATLANTA, GA 30305
Signed the 990
KRAIG GADSBY, CFO
Phone
(404) 365-1200
Return prepared by
FRAZIER & DEETER ADVISORY LLC

Mission

CHEROKEE TOWN AND COUNTRY CLUB WILL PROVIDE OUR MEMBERSHIP WITH SUPERIOR SOCIAL AND RECREATIONAL EXPERIENCES THROUGH THE FINEST STAFF PRESENTING THE BEST POSSIBLE SERVICES, AMENITIES, FACILITIES AND ACTIVITIES, CONSISTENT WITH PRUDENT FISCAL MANAGEMENT. CHEROKEE TOWN AND COUNTRY CLUB WILL MAINTAIN A SELECT AND LIMITED MEMBERSHIP OF COMPATIBLE INDIVIDUALS.

990 for the year ended February 28, 2025

Program accomplishments

  • THE CLUB PROVIDES FACILITIES SUCH AS TENNIS COURTS, GOLF COURSES, SWIMMING POOLS AND DINING ROOMS TO ITS 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 February, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026Not on file
2024February 28, 2025July 15, 2025990 on file
2023February 29, 2024July 15, 2024990 on file

IRS record

EIN
58-0659988
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1957
Accounting year ends
February
Files
Form 990 or 990-EZ
Assets (IRS master file)
$87,522,094
Income (IRS master file)
$66,641,666

Filing history

FormYear endedRevenueExpensesAssetsReturn
990February 2025$58,861,520$50,879,242$87,522,094XML
990February 2024$55,109,670$48,227,599$78,906,470XML
990February 2023$50,444,546$44,867,771$75,173,945XML
990February 2022$43,703,981$40,753,262$70,405,206IRS
990February 2021–––IRS
990February 2020–––IRS
990February 2019–––IRS
990February 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 58-0659988).

Questions about CHEROKEE TOWN & COUNTRY CLUB INC

What is the EIN of CHEROKEE TOWN & COUNTRY CLUB INC?
The employer identification number (EIN) of CHEROKEE TOWN & COUNTRY CLUB INC is 58-0659988.
Is CHEROKEE TOWN & COUNTRY CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1957.
Are donations to CHEROKEE TOWN & COUNTRY CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CHEROKEE TOWN & 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 CHEROKEE TOWN & COUNTRY CLUB INC due?
The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHEROKEE TOWN & COUNTRY CLUB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended February 2025.
Who is the principal officer of CHEROKEE TOWN & COUNTRY CLUB INC?
The 990 for the year ended February 28, 2025 names KRAIG GADSBY.
Who are the officers and directors of CHEROKEE TOWN & COUNTRY CLUB INC?
The 990 for the year ended February 28, 2025 lists 32 people; 19 received compensation from the organization, the highest $607,777 (MICHAEL S WHEELER, CHIEF OPERATING OFFICER).
How much revenue does CHEROKEE TOWN & COUNTRY CLUB INC have?
On its 990 for the year ended February 28, 2025 it reported revenue of $58,861,520, expenses of $50,879,242 and total assets of $87,522,094 at year end.

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