Miles Grant Country Club Inc

Organization Overview

Miles Grant Country Club Inc is located in Stuart, 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 12/2022, Miles Grant Country Club Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miles Grant 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 12/2022, Miles Grant Country Club Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. While expenses have increased by 2.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HIGH QUALITY PROGRAMS AND PERSONALIZED SERVICE FOR THE MILES GRANT MEMBERS; TO INSURE FINANCIAL INTEGRITY AND STABILITY; AND TO BE A CENTER FOR SOCIAL ACTIVITIES FOR THE EXPANDED MILES GRANT COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION OF AN EIGHTEEN HOLE GOLF COURSE FOR THE BENEFIT OF THE MEMBERS. TOTAL ROUNDS PLAYED DURING THE YEAR WERE 37,520 OF WHICH 2,469 WERE NONMEMBER RELATED. THERE ARE MANY TOURNAMENTS, SCRAMBLES AND OPEN GOLF SCHEDULED THROUGHOUT THE YEAR FOR THE ENJOYMENT OF THE MEMBERS.


OPERATION OF A DINING FACILITY FOR USE BY MEMBERS. TOTAL FOOD AND BEVERAGE INCOME FOR THE YEAR WAS $1,039,846 OF WHICH $109,214 WAS NONMEMBER RELATED INCOME. THERE WERE A NUMBER OF SOCIAL DINNER/DANCE EVENTS HELD DURING THE YEAR FOR THE ENJOYMENT OF THE MEMBERS.


OPERATION OF A CLUBHOUSE AND POOL FOR USE BY MEMBERS. THE CLUBHOUSE IS OPEN APPROXIMATELY TEN TO FIFTEEN HOURS PER DAY, SEVEN DAYS A WEEK FOR MEMBER USE DURING THE YEAR. THE SWIMMING POOL IS OPEN FROM 8AM UNTIL DUSK SEVEN DAYS A WEEK FOR MEMBER USE DURING THE YEAR. MEMBERS ENJOY WI-FI SERVICES, VARIOUS TABLE GAMES, BILLIARDS, AND EXERCISE CLASSES DURING THE YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Maggie Dowd
Treasurer
$0
Arnie Gunderson
Secretary
$0
Michael Scaduto
President
$0
Tomas Silva
Director
$0
Sue Nelson
Director
$0
Marye Gallagher
Director
$0

Financial Statements

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$1,970,249
Investment income $2,124
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 $700,159
Miscellaneous Revenue$0
Total Revenue $2,677,821

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Wyndemere Country Club Inc
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Florida Citrus Sports Events Inc
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Belleview Biltmore Country Club Corp
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Hillsboro Club Inc
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Del-Aire Country Club Inc
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$13,736,082
Island Country Club Inc
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$12,263,141
High Ridge Country Club Inc
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$10,868,752
Boca Grove Golf & Tennis Club Inc
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Tampa Yacht & Country Club Inc
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Beach Club Inc
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Vestavia Country Club
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$15,268,869

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