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Old Town Club Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 560344185 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(7)

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Overview

What is Old Town Club Inc?

Old Town Club Inc, established in 1939, is a private social club situated in an unspecified location. Known for its aura of elegance and hospitality, the club offers its members and their guests a charming clubhouse, tennis courts, and swimming pools. However, the highlight of the club for many members is its 18-hole golf course, designed by renowned architect Perry Maxwell. This course provides a captivating challenge for both novice and experienced golfers. The club's primary mission is to serve the recreational and social needs of its members, offering a retreat where they can unwind and enjoy various amenities.


Official website here: www.oldtownclub.org

Is Old Town Club Inc legitimate?

Old Town Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Old Town Club Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $486,152
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,327,495

For more financial information, click here


Official website here: www.oldtownclub.org

What is the mission statement of Old Town Club Inc?

The Old Town Club Inc, established in 1939, serves as a private social club, primarily dedicated to the recreational and social needs of its members. The club's mission revolves around providing an atmosphere of refined elegance and warm hospitality. The facilities include a clubhouse, tennis courts, and swimming pools, but the club's main draw for many members is its 18-hole golf course, skillfully designed by renowned architect Perry Maxwell, offering a delightfully challenging experience for both novice and seasoned golfers.


Official website here: www.oldtownclub.org

Who is the CEO of Old Town Club Inc?

Jason Zaks is the President of Old Town Club Inc.


Official website here: www.oldtownclub.org

What is the revenue of Old Town Club Inc?

Old Town Club Inc's revenue in 2022 was $8,408,628.


Official website here: www.oldtownclub.org

Who are the executives of Old Town Club Inc and what are their salaries?

The average compensation at Old Town Club Inc during 2022 was $21,070. There are 181 employees and 16 volunteers at Old Town Club Inc.


Here are 22 key members and their salaries:


Jason Zaks (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Maloy (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Millican (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Galloway (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Welsh Jr (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Waugh (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harrison Dean (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Win Welch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Doughton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bobby Cooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dunlop White Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Butler Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Combes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Mcchesney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Paris (General Manager)
  • Compensation: $269,907
  • Related: $0
  • Other: $11,687
Bryant Evans (Director Of Agronomy)
  • Compensation: $179,462
  • Related: $0
  • Other: $9,697
Charles Frost (Director Of Golf)
  • Compensation: $207,226
  • Related: $0
  • Other: $9,951
Luke Fussell (Executive Chef)
  • Compensation: $151,258
  • Related: $0
  • Other: $9,329
Donya Stack (Controller)
  • Compensation: $135,961
  • Related: $0
  • Other: $9,420
Lindsey Warren (Asstist. General Manager)
  • Compensation: $123,778
  • Related: $0
  • Other: $6,673


Official website here: www.oldtownclub.org

Where can I find the form 990 for Old Town Club Inc?

Old Town Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.oldtownclub.org

Learn more at the official website: www.oldtownclub.org

Mission Statement of Old Town Club Inc

Old Town Club Inc, established in 1939, serves as a private social club dedicated to the recreational and social needs of its members. The mission of this esteemed organization is to offer an environment of sophistication and warmth, catering to the needs of its members and their guests. The clubhouse, a symbol of comfort and hospitality, is just one aspect of this organization's offerings. The main attraction for many members lies in the 18-hole golf course, skillfully designed by renowned architect Perry Maxwell. This course presents a challenging yet enjoyable experience for both novice and experienced golfers alike. Old Town Club Inc's primary focus is on providing its members with a variety of recreational activities, fostering a sense of community and camaraderie among its members.

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Impact




October, 2024

Old Town Club Inc has a significant impact on its community by fostering a sense of camaraderie and providing a refined environment for its members to engage in recreational activities. Established in 1939, it creates an atmosphere of elegance and hospitality that appeals to individuals seeking social interaction and leisure.

The club's facilities are designed to enhance the experience of its members, featuring a comfortable clubhouse, tennis courts, and swimming pools. However, the crown jewel of Old Town Club is its 18-hole golf course, crafted by renowned architect Perry Maxwell. This course offers a challenging experience that attracts golf enthusiasts, whether they are novice players seeking to improve their skills or seasoned golfers looking for a superior game.

By prioritizing recreational and social purposes, Old Town Club fosters a strong sense of community among its members, encouraging networking and friendships that can extend beyond the club's grounds. The club serves as a vital hub for social gatherings, events, and celebrations, contributing to the overall quality of life in Winston-Salem, NC. Its commitment to providing a quality recreational environment supports both individual well-being and communal connections.




This information is meant to be a general summary of Old Town Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$8,408,628 (2022)
Expenses
$8,364,099 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,659
  • Program Service Revenue: $5,230,615
  • Gross Receipts: $9,274,393

Assets and Liabilities:

  • Total Assets: $12,857,487
  • Total Liabilities: $4,900,279
  • Net Assets: $7,957,208

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$4,053,988

INITIATION FEES

Revenue

$896,046

CAPITAL FEES

Revenue

$280,581

Organization Details

Founding Year

1946

Principal Officer

Jason Zaks

Main Address

2875 OLD TOWN CLUB ROAD, WINSTONSALEM, NC, 27106

NTEE Category

Code: N50 - Recreation

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