Laurel Oak Country Club Inc

Organization Overview

Laurel Oak Country Club Inc is located in Sarasota, FL. The organization was established in 1999. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 04/2023, Laurel Oak Country Club Inc employed 188 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laurel Oak 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 04/2023, Laurel Oak Country Club Inc generated $11.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $11.8m during the year ending 04/2023. While expenses have increased by 3.9% 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

LAUREL OAK COUNTRY CLUB OFFERS VARIOUS SOCIAL ACTIVITIES FOR THE ENJOYMENT OF ITS MEMBERS. THESE ACTIVITIES ARE MADE UP OF TWO GOLF COURSES, TENNIS AND SWIMMING FACILITIES, A WIDE VARIETY OF SOCIAL ACTIVITIES, AND PRIVATE DINING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE RECREATIONAL FACILITIES TO ITS MEMBERS (GOLF COURSE, PRO SHOP, TENNIS, POOL, RESTAURANT, AND BAR)


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Board, Officers & Key Employees

Name (title)Compensation
Jamie Selby
General Mana
$287,299
David Braswell
Director Of
$216,047
Michelle Brault
Membership D
$123,002
David Mcintyre
Director Of
$121,264
Jeffrey M Parson
Executive Ch
$109,991
Joseph Samulak
$114,152

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Florida Southern Roofing
Construction
$337,686
Dl Porter Constructors Inc
Construction
$383,073
View All Vendors

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$8,954,841
Investment income $29,443
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 $2,264,759
Miscellaneous Revenue$0
Total Revenue $11,298,144

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$11,298,144
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