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Filing year 2024

Elk River Club

Banner Elk, North Carolina·EIN 56-1379343·7
Total revenue
$9.1M
Total assets
$26.3M
Total expenses
$8.9M
Reported officers
14
Mission

Social club providing recreational facilities including golf, tennis, equestrian, swimming, fitness, dining, and social activities.

Executive compensation, broken down

Form 990 · Schedule J · 5 reported individuals · Filing year 2024

General Manager/cfo
officer (unspecified)
$257k
$273k
Base
$210k
Bonus
$37k
Other
$2k
Benefits
Director of Golf
key employee
$177k
$187k
Base
$146k
Bonus
$2k
Other
$22k
Benefits
Golf Couse Superintendent
key employee
$169k
$179k
Base
$147k
Bonus
$14k
Other
$2k
Benefits
Fitness Director
highest compensated employee
$132k
$140k
Executive Chef
highest compensated employee
$130k
$138k

Teal figures restate each filed amount in 2026 dollars.

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.

Plus 9 unpaid individuals.

Up 23%
from 2023

From $209k in 2023 to $257k in 2024.

$209k
2023
$257k
2024
In today's dollarsEst.
Up 19% in real terms$229k to $273k

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.

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

Revenue and expenses over time

Elk River Club reported revenue and expenses across 2 filing years.

RevenueExpenses
$10M
$8.2M
2023
$9.1M
$8.9M
2024
Total revenue and total expenses from IRS Form 990 filings.
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