Phoenix Country Club
- Assets
- $23.7m
- Revenue
- $17.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 02/1938
- Data as of
- 10/2023
- EIN
- 86-0047000
Organization Overview
Phoenix Country Club is located in Phoenix, AZ. The organization was established in 1938. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, 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. Phoenix Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2023, Phoenix Country Club generated $17.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $16.2m during the year ending 10/2023. While expenses have increased by 4.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SOCIAL INTERACTION & RECREATION FOR THE BENEFIT OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB PROVIDES FACILITIES SUCH AS TENNIS COURTS, GOLF COURSES, SWIMMING POOLS AND DINING ROOMS TO ITS MEMBERS.
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 |
|---|---|---|---|
Ronald Castro Jr President | OfficerTrustee | 5 | $0 |
Ryan Luke Vice President | OfficerTrustee | 5 | $0 |
Tom Grand Treasurer | OfficerTrustee | 5 | $0 |
Cheri Brady Secretary | OfficerTrustee | 5 | $0 |
Garret Mcknight Director | Trustee | 1 | $0 |
Andy Federhar Director | Trustee | 1 | $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 | $14,330,688 |
| Investment income | $357,460 |
| 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 | $182,564 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17,190,030 |
| 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. | $791,464 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,610,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $616,802 |
| Payroll taxes | $541,793 |
| Fees for services: Management | $200,000 |
| Fees for services: Legal | $35,497 |
| Fees for services: Accounting | $26,371 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,276 |
| Advertising and promotion | $17,805 |
| Office expenses | $186,159 |
| Information technology | $102,298 |
| Royalties | $0 |
| Occupancy | $988,999 |
| Travel | $12,757 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,432 |
| Interest | $663,404 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,053,892 |
| Insurance | $130,499 |
| All other expenses | $1,265,469 |
| Total functional expenses | $16,154,620 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,478 |
| Savings and temporary cash investments | $8,392,056 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $523,094 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $499,425 |
| Prepaid expenses and deferred charges | $249,017 |
| Net Land, buildings, and equipment | $13,790,521 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $232,890 |
| Total assets | $23,689,481 |
| Accounts payable and accrued expenses | $2,478,993 |
| 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 | $14,870,134 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $700,995 |
| Total liabilities | $18,050,122 |
| Net assets without donor restrictions | $5,639,359 |
| 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 | $23,689,481 |