Troon Country Club Inc
- Assets
- $27.1m
- Revenue
- $13.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 08/1995
- Data as of
- 09/2022
- EIN
- 86-0684400
Organization Overview
Troon Country Club Inc is located in Scottsdale, AZ. The organization was established in 1995. 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. Troon 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 09/2022, Troon Country Club Inc generated $13.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $11.6m during the year ending 09/2022. While expenses have increased by 10.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE GOLF, FOOD, BEVERAGE AND RELATED SERVICES TO MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAX EXEMPT CLUB ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garrett Wallace General Manager/coo | Officer | 40 | $281,775 |
Nicole Niemann Director Of Sales & Market | 40 | $276,937 | |
Seth Miller Superintendent | Officer | 40 | $213,707 |
Tim Rafferty Golf Professional | 40 | $175,655 | |
Williams Alejo Jara Clubhouse Manager | 40 | $137,800 | |
John Rice President | OfficerTrustee | 10 | $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 | $9,680,107 |
| Investment income | $2,642 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $109,814 |
| Net Gain/Loss on Asset Sales | $21,200 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,352,823 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,166,586 |
| 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. | $568,814 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,257,578 |
| Pension plan accruals and contributions | $42,249 |
| Other employee benefits | $1,062,207 |
| Payroll taxes | $395,490 |
| Fees for services: Management | $150,000 |
| Fees for services: Legal | $35,600 |
| Fees for services: Accounting | $28,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,105 |
| Advertising and promotion | $69,987 |
| Office expenses | $125,194 |
| Information technology | $96,290 |
| Royalties | $0 |
| Occupancy | $835,693 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,219 |
| Interest | $231,327 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,704,637 |
| Insurance | $101,524 |
| All other expenses | $0 |
| Total functional expenses | $11,569,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $360,814 |
| Savings and temporary cash investments | $3,414,611 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $407,981 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $413,835 |
| Prepaid expenses and deferred charges | $244,471 |
| Net Land, buildings, and equipment | $22,237,923 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,079,635 |
| Accounts payable and accrued expenses | $550,892 |
| Grants payable | $0 |
| Deferred revenue | $35,180 |
| 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 | $1,581,898 |
| Unsecured mortgages and notes payable | $4,332,043 |
| Other liabilities | $37,021 |
| Total liabilities | $6,537,034 |
| Net assets without donor restrictions | $20,542,601 |
| 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 | $27,079,635 |
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