Old Town Club Inc

Overview

Old Town Club Inc is a nonprofit organization classified under the category of Recreational, Pleasure, or Social Club, as designated by the National Taxonomy of Exempt Entities (NTEE). It operates as a private social club primarily for the recreational and social purposes of its members.

History

Established in 1939, the club has been providing a sophisticated and welcoming environment for its members and their guests. It is located in Winston-Salem, North Carolina.

Facilities and Activities

The club features a range of facilities designed to cater to diverse interests, including a comfortable clubhouse, tennis courts, a fitness center, swimming pools, and an 18-hole golf course. The golf course, designed by renowned architect Perry Maxwell, offers a challenging yet enjoyable experience for golfers of all skill levels.

Events and Hospitality

In addition to its recreational amenities, Old Town Club serves as a venue for various private events, from corporate meetings to large weddings. It provides the necessary space, staff, and cuisine to host events effectively.

Financial Overview

As of its most recent fiscal year ending in September 2023, the club reported a total revenue of $12.6 million, with the majority coming from program services. The club's expenses for the same period were approximately $8.79 million. It maintained total assets of $22 million and total liabilities of $10.3 million[1][3].

Governance and Leadership

The principal officer of Old Town Club Inc is Jason Zaks[2]. However, there are no recorded board members listed for the organization[2]. Key personnel include Josh Paris, the General Manager, Lindsey Warren, Assistant General Manager, Charles Frost, Director of Golf, Bryant Evans, Director of Agronomy, and Donya Stack, Controller, among others[3].

Tax Status

Old Town Club Inc is tax-exempt under the 501(c)(7) designation, which applies to social clubs. Donations to this organization are not tax deductible[1][5].

[1] https://projects.propublica.org/nonprofits/organizations/560344185 [2] https://www.guidestar.org/profile/56-0344185 [3] https://www.causeiq.com/organizations/old-town-club,560344185/ [4] https://www.oldtownclub.org/default.aspx?p=DynamicModule&PageId=1&ssid=100002&vnf=1 [5] https://projects.propublica.org/nonprofits/organizations/560344185/201800469349301775/full