Fort Lauderdale Country Club Inc
- Assets
- $17.3m
- Revenue
- $9.8m
- Investments
- $0.0
- Employees
- 154
- Location
- Plantation, FL
- Founding
- 03/1999
- Data as of
- 09/2023
- EIN
- 59-0811013
Organization Overview
Fort Lauderdale Country Club Inc is located in Plantation, FL. The organization was established in 1999. 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, Fort Lauderdale Country Club Inc employed 154 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Lauderdale Country 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, Fort Lauderdale Country Club Inc generated $9.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $11.2m during the year ending 09/2023. While expenses have increased by 6.2% 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 BIND MEMBERS TOGETHER WITH A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB'S REVENUE FOM FOOD AND BEVERAGE SALES TOTALED $1,873,284 OF WHICH $304,709 WAS NON-MEMBER RELATED
APPROXIMATELY 45,390 ROUNDS OF GOLF WERE PLAYED FOR THE YEAR ENDED 9/30/23. ALL ROUNDS WITH THE EXCEPTION OF 11,687 WERE MEMBER RELATED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Mcdonald Vice President | OfficerTrustee | 2 | $0 |
David Dodich President | OfficerTrustee | 2 | $0 |
Cristian Nieto Treasurer | OfficerTrustee | 2 | $0 |
Pat Demos Secretary | OfficerTrustee | 2 | $0 |
Dennis Glunt Director | Trustee | 1 | $0 |
Michael Michon Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $265,365 |
| 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 | $265,365 |
| Total Program Service Revenue | $8,404,222 |
| Investment income | $82,503 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,607 |
| Net Gain/Loss on Asset Sales | -$174,722 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,103,876 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,845,128 |
| 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 | $4,230,395 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $646,762 |
| Payroll taxes | $344,983 |
| 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 | $127,135 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,689,284 |
| Insurance | $244,504 |
| All other expenses | $483,486 |
| Total functional expenses | $11,176,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,493,359 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $482,640 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $332,865 |
| Prepaid expenses and deferred charges | $211,243 |
| Net Land, buildings, and equipment | $9,107,707 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $687,659 |
| Total assets | $17,315,473 |
| Accounts payable and accrued expenses | $783,579 |
| Grants payable | $0 |
| Deferred revenue | $270,289 |
| 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 | $2,223,065 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $683,434 |
| Total liabilities | $3,960,367 |
| Net assets without donor restrictions | $13,355,106 |
| 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 | $17,315,473 |