Nonprofit · EIN 56-0490980
CATAWBA COUNTRY CLUB INC
Tax-exempt · NEWTON, NC 28658
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,096,510 | $3,758,850 | $337,660 | $8,532,199 | $5,374,979 | $3,157,220 |
| June 30, 2024 | 990 | $3,639,983 | $3,358,046 | $281,937 | $6,028,410 | $3,252,800 | $2,775,610 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,481,938
- Membership dues
- $2,481,938
- Program service revenue
- $901,839
- Investment income
- -$23,697
- Net gain from sales of assets
- -$157,020
- Net income from sales of inventory
- $736,430
- Other revenue
- $736,430
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,860,910
- Salaries, compensation and benefits (total)
- $2,264,363
- Professional fundraising fees
- $0
- Accounting fees
- $11,993
- Occupancy
- $386,490
- Depreciation
- $386,834
- Program services (functional)
- $2,685,907
- Management and general (functional)
- $1,072,943
Balance sheet and other
- Total assets, start of year
- $6,028,410
- Total assets, end of year
- $8,532,199
- Total liabilities, end of year
- $5,374,979
- Net assets, end of year
- $3,157,220
- Land, buildings and equipment
- $4,629,964
- Net assets without donor restrictions
- $3,157,220
- Gross receipts
- $5,208,113
- Employees
- 133
- Volunteers
- 0
- Year formed
- 1945
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stephen Busic | General Manager Highest-paid employee | 40 | $150,902 |
| Ryan Peeler | Board of Directors Trustee or director | 0.25 | $0 |
| Ted Karre | Treasurer Trustee or director, Officer | 0.5 | $0 |
| Kenneth Lowe | Secretary Trustee or director, Officer | 0.5 | $0 |
| Randy Good | President Trustee or director, Officer | 0.5 | $0 |
| Ryan Edwards | Vice President Trustee or director, Officer | 0.25 | $0 |
| Brian Leonard | Board of Directors Trustee or director | 0.25 | $0 |
| Charlton Lindler | Board of Directors Trustee or director | 0.25 | $0 |
| Brian Harris | Board of Directors Trustee or director | 0.25 | $0 |
| Matthew Duncan | Board of Directors Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stephen Busic | General Manager Highest-paid employee | 40 | $157,200 |
| Peter Henderson | Board of Directors Trustee or director, Officer | 0.25 | $0 |
| Greg Padgett | President Trustee or director, Officer | 0.5 | $0 |
| Kenneth Lowe | Vice President Trustee or director, Officer | 0.5 | $0 |
| Randy Good | Secretary Trustee or director, Officer | 0.5 | $0 |
| Ryan Edwards | Treasurer Trustee or director | 0.25 | $0 |
| Brian Leonard | Board of Directors Trustee or director | 0.25 | $0 |
| Charlton Lindler | Board of Directors Trustee or director | 0.25 | $0 |
| Patrick Laney | Board of Directors Trustee or director | 0.25 | $0 |
| Matthew Duncan | Board of Directors Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 1154 COUNTRY CLUB RD, NEWTON, NC 28658-8318
- Principal officer (990 for 2024)
- Stephen Busic, 1154 Country Club Rd, Newton, NC 28658
- Signed the 990
- Stephen Busic, General Manager
- Phone
- (828) 294-3727
- Website
- www.catawbacc.org
- Return prepared by
- SMITH LEONARD PLLC
Mission
Catawba Country Club is a member owned private country club serving the greater Catawba County area. The Club provides high quality, value oriented facilities and services to meet the social and recreational needs of the families in the area, including golf, dining, tennis and swimming.
Program accomplishments
- The Country Club provides Golf Course, tennis and pool activities to its members in accordance with its tax exempt function.Expenses $1,740,986 · revenue $774,360
- The Country Club provides Dining Room and Bar facilities to its members in accordance with its tax exempt function.Expenses $944,921 · revenue $706,889
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-0490980
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1953
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $8,532,199
- Income (IRS master file)
- $5,208,113
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,096,510 | $3,758,850 | $8,532,199 | IRS |
| 990 | June 2024 | $3,639,983 | $3,358,046 | $6,028,410 | XML |
| 990 | June 2023 | $3,861,213 | $3,300,539 | $5,616,961 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | 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 56-0490980).
Questions about CATAWBA COUNTRY CLUB INC
- What is the EIN of CATAWBA COUNTRY CLUB INC?
- The employer identification number (EIN) of CATAWBA COUNTRY CLUB INC is 56-0490980.
- Is CATAWBA COUNTRY CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1953.
- Are donations to CATAWBA COUNTRY CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CATAWBA 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 CATAWBA COUNTRY CLUB INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CATAWBA COUNTRY CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CATAWBA COUNTRY CLUB INC?
- The 990 for the year ended June 30, 2025 names Stephen Busic.
- Who are the officers and directors of CATAWBA COUNTRY CLUB INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 1 received compensation from the organization, the highest $150,902 (Stephen Busic, General Manager).
- How much revenue does CATAWBA COUNTRY CLUB INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,096,510, expenses of $3,758,850 and total assets of $8,532,199 at year end.
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