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Filing year 2024

CORAL BAY CLUB INC

Atlantic Beach, North Carolina·EIN 56-6025472·NTEE N50 · Recreation & Sports·501(c)(7)
Total revenue
$6.9M
Total assets
$21.8M
Total expenses
$3.2M
Reported officers
16
Mission

THE MISSION OF CORAL BAY CLUB, INC. IS TO PROVIDE RECREATIONAL, DINING, AND SOCIAL FACILITIES FOR APPROXIMATELY 600 MEMBERS.

Reported officers (all unpaid)

No paid executives reported in 2024. CORAL BAY CLUB INC reported 16 unpaid officers and board members on its 990.

Board Member
Vice President
Board Member
Board Member
Board Member
Ex-officio
Board Member
Secretary
Board Member
Board Member
Board Member
Board Member
Board Member
President
Board Member
Treasurer
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at CORAL BAY CLUB INC equaled 8% of the organization's total expenses. The median for recreation & sports organizations is 8%.

This organization (2023)
8%
Sector median
8%
Middle half of sector
4% to 16%

Based on 7,435 recreation & sports organizations, each measured at its most recent filing year with reported expenses and compensation.

Fell 7%
over 2 years

From $299k in 2021 to $277k in 2023.

$299k
2021
$297k
2022
$277k
2023
In today's dollarsEst.
Down 18% in real terms$370k to $302k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay fell 7% from 2022 to 2023, while revenue rose 158%.

$297k in 2022 to $277k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

CORAL BAY CLUB INC reported revenue and expenses across 4 filing years.

RevenueExpenses
$4M
$3.2M
2021
$3.6M
$3.6M
2022
$9.4M
$3.5M
2023
$6.9M
$3.2M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Recreation & Sports executives earn in North Carolina

CORAL BAY CLUB INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable recreation & sports organization in North Carolina earns a median of $59,900.

25th percentile
$23k
Median
$59,900
75th percentile
$135k
90th percentile
$276k

These are recreation & sports sector-wide figures, not this organization's reported pay. Based on 206 organizations across 206 filings (2021 – 2024).

See full Recreation & Sports pay data for North Carolina

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FAQ

Common questions about CORAL BAY CLUB INC

What are CORAL BAY CLUB INC's revenue and expenses?

In 2024, CORAL BAY CLUB INC reported $6.9M in total revenue and $3.2M in total expenses on its IRS Form 990.

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