Chief Financial Officer Jason Lambert announced that the Fairfield Glade Community Club’s total budget for the fiscal year reached $24,719,279 in revenue, not including sewer.
Lambert stated that the FGCC operates as a nonprofit organization. According to the IRS definition provided, this means that the community club does not pay income tax on its earnings. However, the community club does pay sales tax and employment tax.
Lambert said that as of June 2025, the community club was exceeding budget expectations by $120,000.
In a breakdown of the finances by department, Lambert explained how each department contributed financially in the community club as a whole.
For the “Club Administration” year-to-date, the revenue sits at $4,902,728. The year-to-date budgeted sits at $4,906,928, leaving a $4,200 negative variance. In this category, all of the amenity fees flow into this section of the budget financials.
For the “Police Department” year-to-date, the revenue sits at $25,038. The year-to-date budgeted sits at $43,850, leaving a $18,812 negative variance. Lambert said the police department is not expected to be a revenue generating department.
For the “Fire Department” year-to-date, the general expenses is $86,050 but it is an expense for the community club. This means there is no revenue in this department. The year-to-date budgeted general expenses is $83,000, leaving a $3,050 negative variance.
For the “Marketing and Events” year-to-date, the revenue sits at $203,996. The year-to-date budgeted sits at $245,250, leaving a $41,254 negative variance. The revenue collected in this department is from the events they sponsor for the community club.
For the “Public Works” year-to-date, the revenue sits at $443,519. The year-to-date budgeted sits at $388,227, leaving a $55,292 positive variance. They operate road maintenance and infrastructure completion.
For the “Food and Beverage” year-to-date, the revenue sits at $1,492,392. The year-to-date budgeted sits at $1,558,583, leaving a $66,191 negative variance. Food and Beverage is managed by a third party, Bobby Jones Links. Linda James is their representative and is the manager of Stonehenge Grille.
For “The Center” year-to-date, the revenue sits at $256,492. The year-to-date budgeted sits at $277,799, leaving a $21,307 negative variance. The Center houses some amenities for the community club.
For the “Marinas” year-to-date, the revenue sits at $203,692. The year-to-date budgeted sits at $226,794, leaving a $23,102 negative variance. This department handles all things marina related including boat slips and beach access.
For the “Racquet Center” year-to-date, the revenue sits at $209,744. The year-to-date budgeted sits at $203,871, leaving a $5,873 positive variance. The racquet center department allows community members to use the facilities for tennis and pickleball games on indoor and outdoor courts.
For the “Golf” amenity year-to-date, the revenue sits at $3,780,943. The year-to-date budgeted sits at $4,013,370, leaving a $232,427 negative variance. Lambert said that this amenity approximately contributes the most compared to all of the other amenities.
For the “Sewer/Wastewater Management” year-to-date, the revenue sits at $1,521,003. The year-to-date budgeted sits at $1,588,508, leaving a $67,505 negative variance. Lambert said this department is separate from the other finances.
Lambert also explained the capital contributions that the community club makes. The total revenue from the capital contributions year-to-date sits at $2,988,398. The year-to-date budgeted is $2,962,074, leaving a $26,324 variance.
Lambert said that these funds are the amenity reserve funds. These funds also include 2% of all of the above departments except Food and Beverage or Sewer/Wastewater.
To view the full financial townhall meeting, visit www.youtube.com/watch?v=8VIFAAHvRVs.
The Fairfield Glade Community Club Board of Directors will hold its next meeting Aug. 28 at 9 a.m. in The Center at 128 Stonehenge Dr. in Fairfield Glade.