Suntree Country Club Inc
- Assets
- $21.0m
- Revenue
- $9.0m
- Investments
- $0.0
- Employees
- 265
- Location
- Melbourne, FL
- Founding
- 04/1992
- Data as of
- 12/2023
- EIN
- 59-3036758
Organization Overview
Suntree Country Club Inc is located in Melbourne, FL. The organization was established in 1992. 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 12/2023, Suntree Country Club Inc employed 265 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Suntree 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 12/2023, Suntree Country Club Inc generated $9.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $7.8m during the year ending 12/2023. While expenses have increased by 8.7% per year over the past 9 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
SUNTREE COUNTRY CLUB IS A SOCIAL CLUB FORMED FOR THE EXEMPT PURPOSE TO PROMOTE SOCIAL INTERACTIONS OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB HAS TWO 18 HOLE GOLF COURSES. TOTAL ROUNDS OF GOLF PLAYED FOR THE YEAR ENDED 12/31/2023 WERE 66,120, OF WHICH 6,719 WERE NON-MEMBER RELATED. REVENUE GENERATED SPECIFICALLY BY THE GOLF COURSES FOR THE YEAR ENDED 12/31/2023 WAS $2,186,191, OF WHICH $317,970 WAS NON-MEMBER RELATED.
GROSS RESTAURANT RELATED REVENUE FOR THE YEAR ENDED 12/31/2023 WAS $3,293,372 OF WHICH $377,921 WAS 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 |
|---|---|---|---|
Phil Schlatter President | OfficerTrustee | 11 | $0 |
David Lewis Vice President | OfficerTrustee | 11 | $0 |
Patrick Waters Secretary | OfficerTrustee | 11 | $0 |
Todd Stirtzinger Treasurer | OfficerTrustee | 11 | $0 |
Don Myers Director | Trustee | 11 | $0 |
Robert Lattig Director | Trustee | 11 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Thomas Knights | 12/30/23 | $134,690 |
Paul Davis | 12/30/23 | $131,050 |
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 | $9,370,882 |
| Investment income | $35,150 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,528 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$438,059 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,963,508 |
| 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. | $850,590 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $1,620,504 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $53,744 |
| Other employee benefits | $432,328 |
| Payroll taxes | $418,302 |
| 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 | $89,932 |
| Advertising and promotion | $34,480 |
| Office expenses | $76,521 |
| Information technology | $23,948 |
| Royalties | $0 |
| Occupancy | $352,005 |
| Travel | $224 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $300,183 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,076,587 |
| Insurance | $253,892 |
| All other expenses | $294,789 |
| Total functional expenses | $7,769,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,941 |
| Savings and temporary cash investments | $1,709,878 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,231,336 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $562,607 |
| Prepaid expenses and deferred charges | $209,273 |
| Net Land, buildings, and equipment | $16,619,800 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $3,525 |
| Other assets | $487,890 |
| Total assets | $20,961,250 |
| Accounts payable and accrued expenses | $1,153,091 |
| Grants payable | $0 |
| Deferred revenue | $1,280,578 |
| 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 | $6,884,005 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $161,857 |
| Total liabilities | $9,479,531 |
| Net assets without donor restrictions | $11,481,719 |
| 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 | $20,961,250 |