Bent Pine Golf Club is located in Vero Beach, FL. The organization was established in 1976. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. Bent Pine 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 10/2020, Bent Pine Golf Club generated $4.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $4.0m during the year ending 10/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
BENT PINE 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
N/A
N/A
N/A
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Hugh O'donnell General Mana | $167,743 | ||
Robert J Markut Golf Course | $162,134 | ||
Patrick Gorman Director Of | $107,127 | ||
Donald J Heeter President | OfficerTrustee | $0 | |
Richard Campbell Vice Preside | OfficerTrustee | $0 | |
Desmond T Barry Secretary | OfficerTrustee | $0 |
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 | $3,275,434 |
Investment income | $2,926 |
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 | $408,969 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,272,069 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,654,087 |
Pension plan accruals and contributions | $35,853 |
Other employee benefits | $184,379 |
Payroll taxes | $128,491 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,850 |
Fees for services: Accounting | $24,209 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $99,392 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $97,760 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $10,594 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $495,771 |
Insurance | $171,364 |
All other expenses | $175,247 |
Total functional expenses | $4,006,638 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,532,628 |
Savings and temporary cash investments | $15,696 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $504,618 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $34,221 |
Prepaid expenses and deferred charges | $87,521 |
Net Land, buildings, and equipment | $6,346,088 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $51,326 |
Other assets | $0 |
Total assets | $8,572,098 |
Accounts payable and accrued expenses | $292,328 |
Grants payable | $0 |
Deferred revenue | $1,589,385 |
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 | $197,364 |
Total liabilities | $2,079,077 |
Net assets without donor restrictions | $0 |
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 | $6,493,021 |
Total liabilities and net assets/fund balances | $8,572,098 |
Organization Name | Assets | Revenue |
---|---|---|
Ansley Golf Club Atlanta, GA | $48,365,690 | $21,052,650 |
Royal Palm Yacht & Country Club Boca Raton, FL | $46,256,364 | $15,345,430 |
Palm Beach Country Club Palm Beach, FL | $28,111,995 | $21,230,123 |
The Club At Pelican Bay Inc Naples, FL | $49,551,991 | $15,480,224 |
United States Specialty Sports Association Inc Melbourne, FL | $30,501,525 | $19,243,372 |
Alpha Delta Pi Sorority Atlanta, GA | $18,755,038 | $19,005,623 |
Quail Ridge Country Club Inc Boynton Beach, FL | $44,841,038 | $11,345,026 |
Quail Creek Country Club Inc Naples, FL | $44,189,570 | $16,205,695 |
Lagorce Country Club Miami Beach, FL | $36,015,198 | $11,628,028 |
Amateur Athletic Union Of The United States Inc Lake Buena Vista, FL | $14,686,196 | $10,174,860 |
Harbour Ridge Country Club Palm City, FL | $48,715,310 | $11,636,786 |
Dunwoody Country Club Inc Atlanta, GA | $25,487,572 | $16,307,962 |