Suntree Country Club Inc
- Assets
- $17.7m
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 205
- Location
- Melbourne, FL
- Founding
- 04/1992
- Data as of
- 12/2021
- 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 12/2021, Suntree Country Club Inc employed 205 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 12/2021, Suntree Country Club Inc generated $6.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $5.1m during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUNTREE COUNTRY CLUB IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS 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 12/31/2021 WERE 69,645, OF WHICH 1,331 WERE NON-MEMBER RELATED. REVENUE GENERATED SPECIFICALLY BY THE GOLF COURSES FOR THE YEAR ENDED 12/31/2021 WAS $850,914, OF WHICH $167,625 WAS NON-MEMBER RELATED.
GROSS RESTAURANT RELATED REVENUE FOR THE YEAR ENDED 12/31/2021 WAS $2,048,608 OF WHICH $142,938 WAS NON-MEMBER RELATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Lamontagne General Mgr | Officer | 40 | $171,010 |
Jon Cockerham Golf Course Superintendent | 40 | $111,957 | |
Cynthia Parr Finance Director | 40 | $103,756 | |
Doug Hyde President | OfficerTrustee | 11 | $0 |
Tom Matteson Vice President | OfficerTrustee | 11 | $0 |
Eric Schnittger Treasurer | OfficerTrustee | 11 | $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 | $6,826,999 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$60,224 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$635,725 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,137,029 |
| 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. | $171,010 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $1,478,177 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $33,259 |
| Other employee benefits | $290,727 |
| Payroll taxes | $266,794 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,106 |
| Fees for services: Accounting | $16,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $65,676 |
| Advertising and promotion | $22,121 |
| Office expenses | $102,411 |
| Information technology | $22,736 |
| Royalties | $0 |
| Occupancy | $227,229 |
| Travel | $750 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $114,955 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $601,748 |
| Insurance | $140,025 |
| All other expenses | $178,291 |
| Total functional expenses | $5,095,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $589,054 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,017,010 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $233,320 |
| Prepaid expenses and deferred charges | $73,584 |
| Net Land, buildings, and equipment | $8,283,300 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,541,262 |
| Total assets | $17,737,530 |
| Accounts payable and accrued expenses | $1,833,747 |
| Grants payable | $0 |
| Deferred revenue | $1,069,832 |
| 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 | $5,296,986 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,200,565 |
| Net assets without donor restrictions | $9,535,453 |
| Net assets with donor restrictions | $1,512 |
| 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 | $17,737,530 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jonathans Landing Golf Club Inc Jupiter, FL | $59,911,329 | $17,646,734 |
Shadow Wood Country Club Inc Bonita Springs, FL | $55,101,901 | $17,682,525 |
Sawgrass Country Club Inc Ponte Vedra Bch, FL | $52,066,514 | $17,219,886 |
Lost Tree Club Inc North Palm Beach, FL | $50,198,278 | $14,415,754 |
Kings Point Recreation Corporation Inc Delray Beach, FL | $17,448,550 | $25,502,124 |
Aberdeen Golf & Country Club Inc Boynton Beach, FL | $55,724,484 | $13,720,029 |
Oaks Club Corporation Osprey, FL | $41,379,362 | $16,079,534 |
Loxahatchee Club Inc Jupiter, FL | $33,280,282 | $11,290,558 |
Bath And Tennis Club Inc Palm Beach, FL | $38,923,467 | $10,953,480 |
Amelia Island Equity Club Inc Amelia Island, FL | $30,919,425 | $13,194,414 |
George Walton Academy Inc Monroe, GA | $18,498,422 | $12,032,755 |
Pelicans Nest Golf Club Inc Bonita Springs, FL | $34,019,545 | $10,579,269 |