The information for Seminole Golf Club Inc is as of the organization's most recent filing in May 2020. This organization is located in Juno Beach, FL. It has been in existence for 83 years, following its founding in 1937.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Seminole Golf Club Inc's NTEE code is N60. The "N" tells us that the organization is classified along with Recreation & Sports. The "60" tells us that the organization is an Amateur Sports organization. The NTEE describes Amateur Sports organizations as those that provide opportunities for people of all ages to learn, become competitive in and enjoy the organized recreational activity, sport or game of their choice. They may provide individual or team coaching assistance, access to equipment and facilities, and uniforms, if necessary.
Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(7) organization. The IRS describes these organizations as Social and Recreational Clubs.
Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Seminole Golf Club Inc is to bind its members together by a common objective directed at pleasure and recreation.
Program Area 1: Greens fees and membership golf is responsible for the care and maintenance of the golf greens, clubhouse, and other club property.
Program Area 2: The Golf Cart Rental and Storage program is for the care and maintenance of the golf carts used by the members and stored for the members.
Program Area 3: The organization provides tournaments for the recreation and competition of members.
Program Area 4: The locker rental program area is responsible for the care and maintenance of locker facilities and the protection of members' personal belongings.
Seminole Golf Club Inc is run by James J Dunne III, who is the President. The organization has 63 employees, of whom 4 are paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are 10 volunteers.
Seminole Golf Club Inc is well-governed, with 18 voting members and 18 independent members. The organization has a conflict of interest policy, and documents board and committee meetings. It also has a document retention policy. Unfortunately, Seminole Golf Club Inc does not require disclosure of conflicts, have a written whistleblower policy, substantiate and review leadership salary, or substantiate and review officer's salaries. Additionally, the organization does not provide copies of the 990 to the board prior to filing. Overall, Seminole Golf Club Inc is well-governed, but could benefit from more oversight and transparency.
Overall, the nonprofit organization Seminole Golf Club Inc has experienced a decrease in its total revenue, total volunteers, and other revenue lines over the time period of 2015 to 2019. However, the program service revenue, employee salaries, and total expenses have all seen an increase. The number of employees has also decreased over this time period.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nelson Caron Superintendent | Officer | 45 | $375,455 |
Rhonda Flynn Clubhouse Manager | Officer | 45 | $144,371 |
Dane Alexander First Asst Superintendent | 45 | $118,154 | |
Lionel Smith Manager | 45 | $109,680 | |
Michelle Murasko Controller | Officer | 45 | $107,275 |
Harold Hicks Golf Course Superintendent | Officer | 45 | $96,562 |
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 | $6,295,528 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$5,213 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $399,798 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,702,193 |
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 | $2,538,774 |
Pension plan accruals and contributions | $74,821 |
Other employee benefits | $483,598 |
Payroll taxes | $413,512 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
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 | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $4,878 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,784,412 |
Insurance | $177,384 |
All other expenses | $249,067 |
Total functional expenses | $8,368,565 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $222,558 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $190,104 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $11,263 |
Prepaid expenses and deferred charges | $161,390 |
Net Land, buildings, and equipment | $16,469,225 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $17,054,540 |
Accounts payable and accrued expenses | $646,280 |
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 | $1,229,634 |
Total liabilities | $1,875,914 |
Net assets without donor restrictions | $15,178,626 |
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 | $17,054,540 |
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