Pelicans Nest Golf Club Inc

Organization Overview

Pelicans Nest Golf Club Inc is located in Bonita Springs, FL. The organization was established in 2002. 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 03/2023, Pelicans Nest Golf Club Inc employed 147 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pelicans Nest Golf 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 03/2023, Pelicans Nest Golf Club Inc generated $10.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $12.5m during the year ending 03/2023. While expenses have increased by 4.2% 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

TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION.

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 03/31/23 WAS APPROXIMATELY 57,923 OF WHICH APPROXIMATELY 5,635 ROUNDS WERE NON-MEMBER RELATED.


TOTAL FOOD AND BEVERAGE REVENUE FOR THE YEAR WAS $2,140,165 OF WHICH $14,003 WAS NON-MEMBER RELATED.


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Board, Officers & Key Employees

Name (title)Compensation
Gary Schwandt
President
$0
George Hamilton
Vice President
$0
Jim Saitz
Treasurer
$0
Nancy Loomis
Secretary
$0
Wayne Bauman
Director
$0
Sara Hadley
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Blue Cross Blue Shields Of Florida
Health Insurance Provider
$458,366
Cheney Brothers Inc
Food Vendor
$453,376
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$8,952,571
Investment income $62,800
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$264,201
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,366,731
Miscellaneous Revenue$0
Total Revenue $10,366,785

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