Wachesaw Plantation Club Inc

Murrells Inlt, SC
Tax-exempt since Jan. 1995
EIN: 57-0789494

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(7) Social and recreational clubs.

Donations to this organization are not tax deductible.

Revenue

$5.87M (2023)

Expenses

$5.65M (2023)

Total Assets

$10.2M (2023)

Total Liabilities

$3.77M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Revenue

$5,872,648

Expenses

$5,648,129

Net Income

$224,519

Net Assets

$6,463,149

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$5,871,380	100.0%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,268	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,263,114	40.1%

Assets/Debt
Total Assets	$10,235,586
Total Liabilities	$3,772,437
Net Assets	$6,463,149

Club or Co-Op Income
Initiation Fees & Contributions	$6,150
Income From Public Use of Club Facilities	$437,718

Compensation

Key Employees and Officers	Compensation	Related	Other
Bob Lowe (President)	$0	$0	$0
Larry Decosmo (Secretary)	$0	$0	$0
Mary Loyal Springs (Board Of Directors)	$0	$0	$0
Mike Specht (Treasurer)	$0	$0	$0
Donna Suggs (Board Of Directors)	$0	$0	$0
Bob Ranum (Board Of Directors)	$0	$0	$0
Woody Durant (Board Of Directors)	$0	$0	$0
Andrew Graziano (Board Of Directors)	$0	$0	$0
Chad Faust (Vice President)	$0	$0	$0
Scott Fretz (Grounds Manager)	$0	$119,202	$0
Ross Desmond (General Manager)	$0	$175,001	$0

+ View more people

990

Filed on July 29, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Sept.
2022

Revenue

$6,067,094

Expenses

$5,441,157

Net Income

$625,937

Net Assets

$5,959,069

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$5,650,181	93.1%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$416,913	6.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,034,082	37.4%

Assets/Debt
Total Assets	$9,896,608
Total Liabilities	$3,937,539
Net Assets	$5,959,069

Club or Co-Op Income
Initiation Fees & Contributions	$9,700
Income From Public Use of Club Facilities	$548,165

Compensation

Key Employees and Officers	Compensation	Related	Other
Bob Lowe (President)	$0	$0	$0
Jennifer Hohman (Secretary)	$0	$0	$0
Mary Loyal Springs (Board Of Directors)	$0	$0	$0
Mike Specht (Treasurer)	$0	$0	$0
Larry Decosmo (Board Of Directors)	$0	$0	$0
Bob Ranum (Board Of Directors)	$0	$0	$0
Donna Sugg (Board Of Directors)	$0	$0	$0
Andrew Graziano (Board Of Directors)	$0	$0	$0
Chad Faust (Vice President)	$0	$0	$0
Scott Fretz (Grounds Manager)	$0	$113,982	$0

+ View more people

990

Filed on Aug. 7, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2021

Revenue

$4,779,157

Expenses

$4,620,576

Net Income

$158,581

Net Assets

$4,937,826

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,779,157	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,836,465	39.7%

Assets/Debt
Total Assets	$6,730,710
Total Liabilities	$1,792,884
Net Assets	$4,937,826

Club or Co-Op Income
Initiation Fees & Contributions	$74,700
Income From Public Use of Club Facilities	$443,050

Compensation

Key Employees and Officers	Compensation	Related	Other
Karen Newsome (President)	$0	$0	$0
Steven Gallo (Secretary)	$0	$0	$0
Mary Loyal Springs (Board Of Directors)	$0	$0	$0
Mike Specht (Treasurer)	$0	$0	$0
Bob Haight (Board Of Directors)	$0	$0	$0
Bob Ranum (Board Of Directors)	$0	$0	$0
Josh Bauer (Board Of Directors)	$0	$0	$0
Bob Lowe (Board Of Directors)	$0	$0	$0
Rich Mccarthy (Board Of Directors)	$0	$0	$0

+ View more people

990

Filed on July 26, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Sept.
2020

Revenue

$4,240,473

Expenses

$4,375,373

Net Income

-$134,900

Net Assets

$4,557,090

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,280,768	> 100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$40,295
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,845,406	42.2%

Assets/Debt
Total Assets	$6,336,518
Total Liabilities	$1,779,428
Net Assets	$4,557,090

Club or Co-Op Income
Initiation Fees & Contributions	$31,500
Income From Public Use of Club Facilities	$358,879

The IRS has provided extracted financial data for this filing, but has not yet released the source documents.

Fiscal Year Ending Sept.
2019

Revenue

$4,502,262

Expenses

$4,516,774

Net Income

-$14,512

Net Assets

$4,628,365

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,473,483	99.4%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$28,779	0.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$6,072,305
Total Liabilities	$1,443,940
Net Assets	$4,628,365

Club or Co-Op Income
Initiation Fees & Contributions	$23,750
Income From Public Use of Club Facilities	$606,670

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2018

Revenue

$4,093,781

Expenses

$4,331,642

Net Income

-$237,861

Net Assets

$4,458,851

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,092,781	100.0%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$1,000	0.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,673,885	38.6%

Assets/Debt
Total Assets	$6,152,146
Total Liabilities	$1,693,295
Net Assets	$4,458,851

Club or Co-Op Income
Initiation Fees & Contributions	$29,615
Income From Public Use of Club Facilities	$581,337

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2017

Revenue

$4,242,066

Expenses

$4,176,389

Net Income

$65,677

Net Assets

$4,621,394

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,950,068	93.1%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$291,998	6.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,656,600	39.7%

Assets/Debt
Total Assets	$6,324,004
Total Liabilities	$1,702,610
Net Assets	$4,621,394

Club or Co-Op Income
Initiation Fees & Contributions	$13,185
Income From Public Use of Club Facilities	$502,638

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2016

Revenue

$3,770,848

Expenses

$4,087,520

Net Income

-$316,672

Net Assets

$4,527,195

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,713,116	98.5%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$57,732	1.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,675,498	41.0%

Assets/Debt
Total Assets	$6,790,505
Total Liabilities	$2,263,310
Net Assets	$4,527,195

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$0

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2015

Revenue

$3,680,588

Expenses

$4,072,078

Net Income

-$391,490

Net Assets

$4,794,629

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,681,059	> 100%
Investment Income	$3	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$474
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,611,663	39.6%

Assets/Debt
Total Assets	$6,455,484
Total Liabilities	$1,660,855
Net Assets	$4,794,629

Club or Co-Op Income
Initiation Fees & Contributions	$21,170
Income From Public Use of Club Facilities	$516,424

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2014

Revenue

$3,576,817

Expenses

$3,772,012

Net Income

-$195,195

Net Assets

$5,167,038

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,572,682	99.9%
Investment Income	$2	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$4,133	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,500,783	39.8%

Assets/Debt
Total Assets	$6,730,084
Total Liabilities	$1,563,046
Net Assets	$5,167,038

Club or Co-Op Income
Initiation Fees & Contributions	$10,200
Income From Public Use of Club Facilities	$521,597

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2013

Revenue

$3,427,470

Expenses

$3,612,351

Net Income

-$184,881

Net Assets

$5,348,630

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,427,469	100.0%
Investment Income	$1	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,323,640	36.6%

Assets/Debt
Total Assets	$6,895,660
Total Liabilities	$1,547,030
Net Assets	$5,348,630

Club or Co-Op Income
Initiation Fees & Contributions	$8,030
Income From Public Use of Club Facilities	$501,800

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2012

Revenue

$3,246,902

Expenses

$3,462,453

Net Income

-$215,551

Net Assets

$5,550,010

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,228,967	99.4%
Investment Income	$91	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$17,844	0.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,228,156	35.5%

Assets/Debt
Total Assets	$7,092,079
Total Liabilities	$1,542,069
Net Assets	$5,550,010

Club or Co-Op Income
Initiation Fees & Contributions	$12,100
Income From Public Use of Club Facilities	$479,317

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Revenue

$3,225,342

Expenses

$3,446,387

Net Income

-$221,045

Net Assets

$5,806,061

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,225,871	> 100%
Investment Income	$73	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$602
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,221,158	35.4%

Assets/Debt
Total Assets	$7,318,856
Total Liabilities	$1,512,795
Net Assets	$5,806,061

Club or Co-Op Income
Initiation Fees & Contributions	$24,000
Income From Public Use of Club Facilities	$481,460

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated June 30, 2025

Wachesaw Plantation Club Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $5.87M (2023)

Expenses $5.65M (2023)

Total Assets $10.2M (2023)

Total Liabilities $3.77M (2023)

Tax Filings by Year

Fiscal Year Ending Sept. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

No Document Links

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2010

No Extracted Financial Data

Document Links

990

Revenue

$5.87M (2023)

Expenses

$5.65M (2023)

Total Assets

$10.2M (2023)

Total Liabilities

$3.77M (2023)

Fiscal Year Ending Sept.
2023

Fiscal Year Ending Sept.
2022

Fiscal Year Ending Sept.
2021

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005