Florida Chapter Cmaa Corp
- Assets
- $761.1k
- Revenue
- $981.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Palm City, FL
- Founding
- 12/1992
- Data as of
- 10/2020
- EIN
- 65-0324647
Organization Overview
Florida Chapter Cmaa Corp is located in Palm City, 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Chapter Cmaa Corp is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 10/2020, Florida Chapter Cmaa Corp generated $981.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $820.4k during the year ending 10/2020. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE CLUB MANAGERS AND PROMOTE FRIENDLY RELATIONS AMONG CLUB MANAGERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FLORIDA CHAPTER CMAA CONDUCTS EDUCATIONAL MEETINGS AND SEMINARS TO EDUCATE MEMBERS AND PROMOTE RELATIONS BETWEEN MEMBERS.
THE FLORIDA CHAPTER CMAA PUBLISHES A NEWSLETTER FOR MEMBERS PROVIDING INFORMATION ON CLUB OPERATIONS.
THE FLORIDA CHAPTER CMAA PROMOTES THE STUDY OF CLUB MANAGEMENT THROUGH SCHOLARSHIPS AND STUDENT RELATIONS ACTIVITIES.
THE ORGANIZATION SPONSORS GOLF TOURNAMENTS FOR MEMBERS & THEIR GUESTS WHICH PROMOTES EXCHANGING INFORMATION REGARDING CLUB OPERATIONS AND MANAGEMENT TECHNIQUES WHICH RESULTS IN A NET PROFIT THAT IS CONTRIBUTED TO CHARITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Somers President | OfficerTrustee | 7 | $0 |
Alan Raulerson Immediate Past President | OfficerTrustee | 7 | $0 |
Michael Bradfield Vice President | OfficerTrustee | 7 | $0 |
Kevin Bauer Secretary/treasurer | OfficerTrustee | 7 | $0 |
Elizabeth Sargent Managing Director | Officer | 40 | $0 |
Ken Kouril Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $382 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $981,718 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $30,840 |
| 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 to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $253,464 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,730 |
| 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 | $15,180 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,547 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,121 |
| All other expenses | $0 |
| Total functional expenses | $820,428 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,424 |
| Savings and temporary cash investments | $653,802 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,345 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $88,550 |
| Total assets | $761,121 |
| Accounts payable and accrued expenses | $1,848 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $10,925 |
| Total liabilities | $12,773 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $748,348 |
Grants Awarded
Over the last fiscal year, Florida Chapter Cmaa Corp has awarded $16,412 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Delray Beach, FL PURPOSE: PURPOSE OF GIFTS TO CHARITIES WILL ALL BE FOR THEIR RESPECTIVE CHARITABLE PURPOSES. | $12,864 |
Palm City, FL PURPOSE: PURPOSE OF GIFTS TO CHARITIES WILL ALL BE FOR THEIR RESPECTIVE CHARITABLE PURPOSES. | $2,290 |
Naples, FL PURPOSE: PURPOSE OF GIFTS TO CHARITIES WILL ALL BE FOR THEIR RESPECTIVE CHARITABLE PURPOSES. | $1,258 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Florida Chapter Cmaa Corp has recieved totaling $5,125.
| Awarding Organization | Amount |
|---|---|
Club Managers Association Of America Houston, TX PURPOSE: TO PROVIDE DISASTER RELIEF | $5,125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Landings Club Inc Savannah, GA | $76,235,389 | $43,044,375 |
Ballenisles Country Club Inc Palm Beach Gardens, FL | $102,659,603 | $33,522,329 |
Bonita Bay Club Inc Bonita Springs, FL | $91,256,016 | $30,477,869 |
Broken Sound Club Inc Boca Raton, FL | $75,034,452 | $29,709,984 |
Country Club Of Birmingham Mountain Brook, AL | $47,639,454 | $23,076,044 |
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 |