Nonprofit · EIN 56-1518201
WADE HAMPTON GOLF CLUB INC
Tax-exempt · CASHIERS, NC 28717
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $11,105,109 | $9,757,673 | $1,347,436 | $30,984,404 | $18,578,733 | $12,405,671 |
| December 31, 2023 | 990 | $11,046,179 | $9,498,991 | $1,547,188 | $26,843,468 | $14,483,483 | $12,359,985 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $10,581,738
- Investment income
- -$37,092
- Net rental income
- -$150,027
- Net gain from sales of assets
- -$92,042
- Net income from sales of inventory
- $673,042
- Other revenue
- $560,463
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $351,411
- Other salaries and wages
- $3,228,079
- Salaries, compensation and benefits (total)
- $4,257,694
- Professional fundraising fees
- $0
- Legal fees
- $68,131
- Accounting fees
- $55,113
- Occupancy
- $651,732
- Travel
- $31,485
- Depreciation
- $1,134,716
Balance sheet and other
- Total assets, start of year
- $26,843,468
- Total assets, end of year
- $30,984,404
- Total liabilities, end of year
- $18,578,733
- Net assets, end of year
- $12,405,671
- Land, buildings and equipment
- $28,306,540
- Net assets without donor restrictions
- $12,405,671
- Gross unrelated business income
- $291,520
- Gross receipts
- $12,742,018
- Employees
- 75
- Volunteers
- 11
- Year formed
- 1986
- 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 |
|---|---|---|---|---|
| John E Foster | GM/CEO Officer | 40 | $351,411 | $32,654 |
| Eric B Shomaker | Director of Golf Course Operations Highest-paid employee | 40 | $329,533 | $21,131 |
| Robert E Reeves | Director of Golf Highest-paid employee | 40 | $286,278 | $7,486 |
| Bradford D Sampey | Executive Chef Highest-paid employee | 40 | $148,625 | $13,262 |
| Greg J Burleson | Superintendent Highest-paid employee | 40 | $148,158 | $12,461 |
| Marnita T Norris | Controller Highest-paid employee | 40 | $117,165 | $12,408 |
| Harry J Phillips Jr | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| J Stephen Olsen | Vice President Trustee or director, Officer | 2 | $0 | $0 |
| R Lyn Allgood | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Robert O Rolfe | President Trustee or director, Officer | 2 | $0 | $0 |
| David B Crawford | Member Trustee or director | 2 | $0 | $0 |
| Elwyn T Bridges | Member Trustee or director | 2 | $0 | $0 |
| Harlan I Prater IV | Member Trustee or director | 2 | $0 | $0 |
| Julian Fertitta II | Member Trustee or director | 2 | $0 | $0 |
| Michael S Brown | Member Trustee or director | 2 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Timothy P Costello | Member Trustee or director | 2 | $0 |
| William D McKnight | Member Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| John E Foster | GM/CEO Officer | 40 | $317,486 | $32,764 |
| Eric B Shomaker | Director of Golf Course Operations Highest-paid employee | 40 | $305,229 | $21,102 |
| Louis P Mathews | Director of Golf Highest-paid employee | 40 | $215,706 | $17,035 |
| Bradford D Sampey | Exeuctive Chef Highest-paid employee | 40 | $141,684 | $13,910 |
| Greg J Burleson | Superintendent Highest-paid employee | 40 | $135,387 | $13,200 |
| Marnita T Norris | Controller Highest-paid employee | 40 | $106,774 | $12,911 |
| Harry J Phillips Jr | Treasurer Trustee or director, Officer | 2 | $0 | $0 |
| J Stephen Olsen | Vice President Trustee or director, Officer | 2 | $0 | $0 |
| R Lyn Allgood | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Robert O Rolfe | President Trustee or director, Officer | 2 | $0 | $0 |
| David B Crawford | Member Trustee or director | 2 | $0 | $0 |
| H Lynn Harton | Member Trustee or director | 2 | $0 | $0 |
| Harlan I Prater IV | Member Trustee or director | 2 | $0 | $0 |
| Julian Fertitta II | Member Trustee or director | 2 | $0 | $0 |
| Michael S Brown | Member Trustee or director | 2 | $0 | $0 |
| Stanton C Eggers DDS | Member Trustee or director | 2 | $0 | $0 |
| Timothy P Costello | Member Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1920, CASHIERS, NC 28717-1920
- In care of
- % WADE HAMPTON GOLF CLUB INC
- Principal officer (990 for 2024)
- John Foster, PO BOX 1920, CASHIERS, NC 28717
- Signed the 990
- John Foster, GM/CEO
- Phone
- (828) 743-5048
- Website
- WWW.WADEHAMPTONGC.COM
- Return prepared by
- Forvis Mazars LLP
Mission
WADE HAMPTON GOLF CLUB PROVIDES A SUPERB GOLF COURSE AND COMPLEMENTARY CLUBHOUSE FACILITY FOR THE USE, ENTERTAINMENT, AND ENJOYMENT OF ITS MEMBERS, THEIR FAMILIES, AND GUESTS.
Program accomplishments
- THE CLUB MAINTAINS A GOLF COURSE, PRO SHOP AND DINING FACILITY FOR THE EXCLUSIVE USE OF MEMBERS AND THEIR GUESTS.
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
- 56-1518201
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N50)
- Assets (IRS master file)
- $30,984,404
- Income (IRS master file)
- $12,742,018
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $11,105,109 | $9,757,673 | $30,984,404 | IRS |
| 990 | December 2023 | $11,046,179 | $9,498,991 | $26,843,468 | XML |
| 990 | December 2022 | $9,914,519 | $8,370,297 | $23,282,994 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | October 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 56-1518201).
Questions about WADE HAMPTON GOLF CLUB INC
- What is the EIN of WADE HAMPTON GOLF CLUB INC?
- The employer identification number (EIN) of WADE HAMPTON GOLF CLUB INC is 56-1518201.
- Is WADE HAMPTON GOLF CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1992.
- Are donations to WADE HAMPTON GOLF CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does WADE HAMPTON GOLF 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 WADE HAMPTON GOLF 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 WADE HAMPTON GOLF 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 WADE HAMPTON GOLF CLUB INC?
- The 990 for the year ended December 31, 2024 names John Foster.
- Who are the officers and directors of WADE HAMPTON GOLF CLUB INC?
- The 990 for the year ended December 31, 2024 lists 17 people; 6 received compensation from the organization, the highest $351,411 (John E Foster, GM/CEO).
- How much revenue does WADE HAMPTON GOLF CLUB INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $11,105,109, expenses of $9,757,673 and total assets of $30,984,404 at year end.
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