Boca West Country Club Inc
- Assets
- $197.7m
- Revenue
- $74.3m
- Investments
- $0.0
- Employees
- 1,232
- Location
- Boca Raton, FL
- Founding
- 12/1992
- Data as of
- 09/2023
- EIN
- 59-2596122
Organization Overview
Boca West Country Club Inc is located in Boca Raton, FL. The organization was established in 1992. 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, Boca West Country Club Inc employed 1,232 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boca West 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, Boca West Country Club Inc generated $74.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $79.3m during the year ending 09/2023. While expenses have increased by 6.0% 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.
Since 2019, Boca West Country Club Inc has awarded 13 individual grants totaling $811,003. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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 PROVIDES RESTAURANT, GOLF, TENNIS, FITNESS AND AQUATIC FACILIITES FOR ITS MEMBERS. TOTAL NON-MEMBER ROUNDS OF GOLF EQUALED 326 OUT OF 128,237 ROUNDS PLAYED
TOTAL FOOD AND BEVERAGE REVENUE FOR THE YEAR WAS $13,838,023 OF WHICH $2,758,706 WAS NON-MEMBER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Philip Edwards Chairman | OfficerTrustee | 20 | $0 |
Jeanine Banks 1st VP | OfficerTrustee | 5 | $0 |
Charles Rosenblatt 2nd VP (through 2/24/23) | OfficerTrustee | 5 | $0 |
Enid Hoffman Secretary (through 2/24/23)/2nd VP (as Of 2/24/23) | OfficerTrustee | 5 | $0 |
Frank Richard Treasurer | OfficerTrustee | 5 | $0 |
William Berkowitz Secretary (as Of 2/24/23) | OfficerTrustee | 5 | $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 | $67,176,356 |
| Investment income | $3,204 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $395,111 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,550,047 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $74,273,797 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $64,363 |
| 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 | $32,745,160 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,173,909 |
| 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 | $21,880 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,557,674 |
| Insurance | $2,119,389 |
| All other expenses | $8,993,621 |
| Total functional expenses | $79,279,783 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,383,291 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $903,004 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $953,468 |
| Prepaid expenses and deferred charges | $1,741,280 |
| Net Land, buildings, and equipment | $159,876,302 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,817,954 |
| Total assets | $197,675,299 |
| Accounts payable and accrued expenses | $13,635,891 |
| Grants payable | $0 |
| Deferred revenue | $66,263,647 |
| 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 | $11,546,836 |
| Total liabilities | $91,446,374 |
| Net assets without donor restrictions | $106,228,925 |
| 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 | $197,675,299 |
Grants Awarded
Over the last fiscal year, Boca West Country Club Inc has awarded $60,363 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BOCA RATON REGIONAL HOSPITAL FOUNDATION INC PURPOSE: TO FACILITATE THE HIGHEST QUALITY PATIENT CARE. | $27,480 |
GEORGE SNOW SCHOLARSHIP FUND INC PURPOSE: TO PROVIDE SCHOLARSHIPS TO STUDENTS IN NEED OF FINANCIAL AID. | $25,000 |
BOCA WEST FOUNDATION PURPOSE: TO IDENTIFY AND FUND PROJECTS DESIGNED TO STRENGTHEN, BUILD, AND IMPROVE THE LIVES OF INDIVIDUALS, GROUPS, AND FAMILIES IN THE COMMUNITY OF BOCA RATON AND THE SOUTH PALM BEACH COUNTY AREA | $7,883 |