Tradition Golf Club
- Assets
- $50.0m
- Revenue
- $17.7m
- Investments
- $0.0
- Employees
- 231
- Location
- La Quinta, CA
- Founding
- 10/2009
- Data as of
- 09/2023
- EIN
- 26-1808354
Organization Overview
Tradition Golf Club is located in La Quinta, CA. The organization was established in 2009. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 09/2023, Tradition Golf Club employed 231 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tradition Golf Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Tradition Golf Club generated $17.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $16.8m during the year ending 09/2023. While expenses have increased by 6.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE AND MAINTAIN A GOLF CLUB EXCLUSIVELY FOR THE PLEASURE AND RECREATION OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB OPERATES AND MAINTAINS THE CLUB EXCLUSIVELY FOR THE BENEFITS OF ITS MEMBERS (FAMILY MEMBERS AND GUESTS).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daken Broadhead Dir. Of Agro | 40 | $295,129 | |
Heidi Risk CFO | Officer | 40 | $231,189 |
Jerry Hixson Dir. Of Golf | 40 | $224,740 | |
Kyle Draper Coo/secretar | Officer | 40 | $184,233 |
Melissa Glazier Dir. Of Fitn | 40 | $154,165 | |
Jaime Guadalupe Executive Ch | 40 | $166,975 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sks Construction Services Remodeling | 9/29/23 | $666,539 |
Landscapes Unlimited Llc Course Construc | 9/29/23 | $314,035 |
Go Green Solutions Waste Hauling | 9/29/23 | $174,600 |
Variable Speed Solutions Inc Irrigation | 9/29/23 | $174,876 |
Computer Consultants It Support | 9/29/23 | $124,394 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,417,233 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,417,233 |
| Total Program Service Revenue | $4,408,131 |
| Investment income | $1,203,989 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,659,371 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,702,777 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $609,185 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,611,788 |
| Pension plan accruals and contributions | $96,157 |
| Other employee benefits | $1,038,395 |
| Payroll taxes | $665,433 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $176,628 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $488,640 |
| Advertising and promotion | $144,951 |
| Office expenses | $412,139 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $24,608 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $169,481 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,775,008 |
| Insurance | $245,127 |
| All other expenses | $1,507,046 |
| Total functional expenses | $16,826,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $444,699 |
| Savings and temporary cash investments | $1,950,903 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,721,602 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $342,200 |
| Prepaid expenses and deferred charges | $69,618 |
| Net Land, buildings, and equipment | $36,202,471 |
| Investments—publicly traded securities | $973,715 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,254,002 |
| Other assets | $0 |
| Total assets | $49,959,210 |
| Accounts payable and accrued expenses | $1,733,931 |
| Grants payable | $0 |
| Deferred revenue | $7,220,400 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,726,897 |
| Total liabilities | $12,681,228 |
| Net assets without donor restrictions | $37,277,982 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $49,959,210 |