New Indian River Club Inc

Organization Overview

New Indian River Club Inc is located in Vero Beach, FL. The organization was established in 2011. 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, New Indian River Club Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Indian River Club Inc 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, New Indian River Club Inc generated $4.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $4.5m during the year ending 09/2023. While expenses have increased by 5.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PRIVATE GOLF CLUB INCLUDES A FULLY EQUIPPED CLUBHOUSE AND GOLF COURSE, LOCATED IN VERO BEACH, FLORIDA FOR THE RECREATION, PLEASURE AND BENEFIT OF ITS MEMBERS AND THEIR GUESTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRIVATE GOLF CLUB INCLUDES A FULLY EQUIPPED CLUBHOUSE AND GOLF COURSE, LOCATED IN VERO BEACH, FLORIDA FOR THE RECREATION, PLEASURE AND BENEFIT OF ITS MEMBERS AND THEIR GUESTS.


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Board, Officers & Key Employees

Name (title)Compensation
Marybeth Cunningham
President
$0
Lawrence Noesen
Vice President
$0
Joseph Marcelle
Secretary
$0
Stephen Corrick
Treasurer
$0
Arthur Newhouse III
Director
$0
Charles Entrekin
Director/secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
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$0
Total Program Service Revenue$4,375,089
Investment income $1,305
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$62,957
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,468,243

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