Panther Creek Country Club Inc

Panther Creek Country Club Inc, with the Employer Identification Number (EIN) 371317576, is a nonprofit organization located in Springfield, Illinois. It is recognized primarily for its role as a premier championship country club in the region.

History

Panther Creek Country Club was conceived in the late 1980s by Springfield developer John Klemm, who envisioned a golf course and residential community. Klemm partnered with civil engineer Russ Martin and attorney Randy Wolter to form Panther Creek Development Corporation. The club's championship golf course was designed by renowned PGA Hall of Fame golfer Hale Irwin. Construction began in the early 1990s, with the club opening for play on June 6, 1992. Initially developed as a private venture, it transitioned to member ownership in December 1993, when the club was sold to its members for $4.5 million[1].

Facilities and Activities

The country club features an 18-hole golf course known for its challenging yet enjoyable layout for golfers of all skill levels. The course plays to a length of approximately 7,286 yards on the Korn Ferry Tour setup and up to 7,244 yards in standard play[2][5]. The club also offers extensive social and athletic programs, including tennis courts, swimming pools, and a large ballroom for events[2][3].

Events and Tournaments

Panther Creek Country Club has hosted numerous golf tournaments since its inception. Notably, it previously hosted the LPGA State Farm Classic and currently serves as the venue for the Memorial Health Championship presented by LRS on the PGA Korn Ferry Tour[1][2].

Financials

Financially, the club operates primarily from revenue generated by program services, sales of goods, and rental property income. The club reported total assets of approximately $7 million in recent filings, with liabilities of around $4 million[4]. The organization's annual revenues are typically around $4 million, with expenses closely matched to revenues to maintain operational stability[4].

Social Impact

Panther Creek Country Club plays a significant role in the local community, offering a venue for both recreational activities and charitable events. Its membership and facilities support a range of social and family-oriented programs, contributing to the cultural and recreational fabric of Springfield[3].