Jupiter Hills Club Inc
- Assets
- $52.2m
- Revenue
- $14.0m
- Investments
- $0.0
- Employees
- 220
- Location
- Tequesta, FL
- Founding
- 01/1991
- Data as of
- 09/2023
- EIN
- 59-2470395
Organization Overview
Jupiter Hills Club Inc is located in Tequesta, FL. The organization was established in 1991. 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 09/2023, Jupiter Hills Club Inc employed 220 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jupiter Hills 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, Jupiter Hills Club Inc generated $14.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $17.0m during the year ending 09/2023. While expenses have increased by 4.7% 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 ITS MEMBERS TOGETHER WITH A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB OPERATES A 36-HOLE GOLF COURSE AND PRO SHOP. FOR THE YEAR ENDED 09/30/23, TOTAL ROUNDS PLAYED WERE APPROXIMATELY 36,644, OF WHICH APPROXIMATELY 1,174 ROUNDS WERE NON-MEMBER RELATED.
THE CLUB MAINTAINS A DINING FACILITY FOR THE BENEFIT OF ITS MEMBERS. FOR THE YEAR 9/30/23, FOOD AND BEVERAGE SALES TOTALED $2,084,671 OF WHICH $193,247 WERE NON-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 |
|---|---|---|---|
Michael Ruane President | OfficerTrustee | 1 | $0 |
Dennis Labate Treasurer | OfficerTrustee | 1 | $0 |
Matthew Weis Secretary | OfficerTrustee | 1 | $0 |
James N Polizzi Vice President | OfficerTrustee | 1 | $0 |
Matt Morahan Director | Trustee | 1 | $0 |
Daniel Napoli Director | Trustee | 1 | $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 | $12,506,572 |
| Investment income | $66,068 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$26,399 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,430,089 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,005,672 |
| 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 | $7,142,833 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,431,006 |
| 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 | $3,180 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,912,621 |
| Insurance | $558,177 |
| All other expenses | $736,961 |
| Total functional expenses | $17,044,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,146,440 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $228,060 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $845,858 |
| Inventories for sale or use | $835,738 |
| Prepaid expenses and deferred charges | $885,960 |
| Net Land, buildings, and equipment | $41,033,538 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $228,468 |
| Total assets | $52,204,062 |
| Accounts payable and accrued expenses | $480,993 |
| Grants payable | $0 |
| Deferred revenue | $8,752,985 |
| 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 | $1,287,082 |
| Total liabilities | $10,521,060 |
| Net assets without donor restrictions | $41,683,002 |
| 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 | $52,204,062 |