Royal Poinciana Golf Club Inc is located in Naples, FL. The organization was established in 1990. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 09/2021, Royal Poinciana Golf Club Inc employed 282 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Royal Poinciana Golf 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 09/2021, Royal Poinciana Golf Club Inc generated $17.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $23.2m during the year ending 09/2021. 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
TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB PROVIDES GOLF, TENNIS, DINING AND ENTERTAINMENT TO ITS MEMBERS. SOCIALIZING AND SPORTS ACTIVITIES ARE THE MEANS BY WHICH THE CLUB ACCOMPLISHES ITS EXEMPT PURPOSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew Taylor Director Of Facilities | Officer | 40 | $311,836 |
Scott Haegele Director Of Clubhouse Operations | Officer | 40 | $294,404 |
Keith Hughes Director Of Finance And Ad | Officer | 40 | $272,109 |
Jim Tureskis Director Of Golf | Officer | 40 | $237,420 |
Christina Jurek Director Of Human Resources | 40 | $180,078 | |
Juan Pablo DE La Sota Riva Executive Chef | Officer | 40 | $164,093 |
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 | $15,478,294 |
Investment income | $34,889 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$338,350 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,791,300 |
Miscellaneous Revenue | $0 |
Total Revenue | $17,332,259 |
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 | $8,753,080 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $2,453,104 |
Payroll taxes | $0 |
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 | $99,945 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,275,755 |
Insurance | $0 |
All other expenses | $1,766,989 |
Total functional expenses | $23,183,903 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $782 |
Savings and temporary cash investments | $21,679,649 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $211,246 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $422,083 |
Prepaid expenses and deferred charges | $756,859 |
Net Land, buildings, and equipment | $36,404,919 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,788,989 |
Total assets | $61,264,527 |
Accounts payable and accrued expenses | $3,865,859 |
Grants payable | $0 |
Deferred revenue | $13,026,940 |
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 | $1,705,564 |
Total liabilities | $18,598,363 |
Net assets without donor restrictions | $42,666,164 |
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 | $61,264,527 |
Organization Name | Assets | Revenue |
---|---|---|
Johns Island Club Inc Vero Beach, FL | $123,619,232 | $39,066,168 |
Cherokee Town & Country Club Inc Atlanta, GA | $70,405,206 | $43,703,981 |
St Andrews Country Club Inc Boca Raton, FL | $67,588,016 | $28,385,359 |
Capital City Club Inc Atlanta, GA | $84,524,331 | $33,363,422 |
Everglades Club Inc Palm Beach, FL | $55,459,603 | $24,732,349 |
Atlanta Athletic Club Johns Creek, GA | $48,939,283 | $29,765,696 |
Piedmont Driving Club Atlanta, GA | $77,050,064 | $28,104,317 |
Royal Poinciana Golf Club Inc Naples, FL | $61,264,527 | $17,332,259 |
Riviera Country Club Of Coral Gables Inc Coral Gables, FL | $63,238,082 | $21,710,203 |
Phi Mu Fraternity Peachtree City, GA | $13,751,042 | $22,181,589 |
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 |