Bath And Tennis Club Inc is located in Palm Beach, FL. The organization was established in 1992. 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 06/2021, Bath And Tennis Club Inc employed 165 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bath And Tennis 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 06/2021, Bath And Tennis Club Inc generated $11.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $12.8m during the year ending 06/2021. While expenses have increased by 5.8% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BATH AND TENNIS CLUB IS A SOCIAL CLUB WHOSE TAX EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BATH AND TENNIS CLUB IS A PRIVATE MEMBER-OWNED CLUB PROVIDING RECREATIONAL ACTIVITIES FOR ITS MEMBERS/OWNERS. SERVICES FOR THE YEAR INCLUDE TENNIS, PHYSICAL FITNESS, DINNER, AND OTHER SOCIAL ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin Carrol General Manager | Officer | 40 | $423,500 |
Stuart Brennan Executive Chef | Officer | 40 | $220,720 |
William Kirwan Director Of Finance | Officer | 40 | $219,874 |
William Fox Assistant General Manager | Officer | 40 | $167,816 |
Armend Berisha General Manager | Officer | 40 | $133,272 |
James Peck Director Of Maintenance | 40 | $129,905 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Peter Bromly Tennis | 6/29/21 | $638,015 |
Joanne Perry Massage | 6/29/21 | $240,276 |
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 | $9,589,609 |
Investment income | $42,260 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$44,301 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,365,912 |
Miscellaneous Revenue | $0 |
Total Revenue | $10,953,480 |
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. | $1,444,564 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,018,347 |
Pension plan accruals and contributions | $241,379 |
Other employee benefits | $1,123,839 |
Payroll taxes | $474,939 |
Fees for services: Management | $0 |
Fees for services: Legal | $38,402 |
Fees for services: Accounting | $67,955 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $6,033 |
Fees for services: Other | $132,395 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $30,103 |
Royalties | $0 |
Occupancy | $1,728,234 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,336,737 |
Insurance | $667,434 |
All other expenses | $0 |
Total functional expenses | $12,803,480 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $26,467 |
Savings and temporary cash investments | $7,792,448 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $908,038 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $157,727 |
Prepaid expenses and deferred charges | $965,921 |
Net Land, buildings, and equipment | $28,431,055 |
Investments—publicly traded securities | $641,811 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $38,923,467 |
Accounts payable and accrued expenses | $1,193,013 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $641,811 |
Total liabilities | $1,834,824 |
Net assets without donor restrictions | $37,088,643 |
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 | $38,923,467 |
Over the last fiscal year, we have identified 1 grants that Bath And Tennis Club Inc has recieved totaling $3,000.
Awarding Organization | Amount |
---|---|
C S Craig Fam Foundation Inc Greenwich, CT PURPOSE: GENERAL SUPPORT | $3,000 |
Organization Name | Assets | Revenue |
---|---|---|
Landings Club Inc Savannah, GA | $76,235,389 | $43,044,375 |
Ballenisles Country Club Inc Palm Beach Gardens, FL | $102,659,603 | $33,522,329 |
Bonita Bay Club Inc Bonita Springs, FL | $91,256,016 | $30,477,869 |
Broken Sound Club Inc Boca Raton, FL | $75,034,452 | $29,709,984 |
Country Club Of Birmingham Mountain Brook, AL | $47,639,454 | $23,076,044 |
Jonathans Landing Golf Club Inc Jupiter, FL | $59,911,329 | $17,646,734 |
Shadow Wood Country Club Inc Bonita Springs, FL | $55,101,901 | $17,682,525 |
Sawgrass Country Club Inc Ponte Vedra Bch, FL | $52,066,514 | $17,219,886 |
Lost Tree Club Inc North Palm Beach, FL | $50,198,278 | $14,415,754 |
Kings Point Recreation Corporation Inc Delray Beach, FL | $17,448,550 | $25,502,124 |
Aberdeen Golf & Country Club Inc Boynton Beach, FL | $55,724,484 | $13,720,029 |
Oaks Club Corporation Osprey, FL | $41,379,362 | $16,079,534 |