Troon Country Club Inc
- Assets
- $29.6m
- Revenue
- $15.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 08/1995
- Data as of
- 09/2023
- 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 09/2023, Troon Country Club Inc generated $15.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $12.4m during the year ending 09/2023. While expenses have increased by 10.3% 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
2023
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.
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 |
|---|---|---|---|
Doug Logan President | OfficerTrustee | 0 | $0 |
Judy Guten Vice President | OfficerTrustee | 0 | $0 |
Tim Zingraf Treasurer | OfficerTrustee | 0 | $0 |
Donna Keene Secretary | Trustee | 0 | $0 |
David Costain Director | Trustee | 0 | $0 |
Sandy Friedman Director | Trustee | 0 | $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 | $11,817,578 |
| Investment income | $85,585 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $108,910 |
| Net Gain/Loss on Asset Sales | $7,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,438,394 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,457,467 |
| 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. | $695,024 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,781,862 |
| Pension plan accruals and contributions | $50,092 |
| Other employee benefits | $1,096,637 |
| Payroll taxes | $431,272 |
| Fees for services: Management | $150,000 |
| Fees for services: Legal | $41,635 |
| Fees for services: Accounting | $29,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,988 |
| Advertising and promotion | $53,964 |
| Office expenses | $100,551 |
| Information technology | $114,972 |
| Royalties | $0 |
| Occupancy | $915,463 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,190 |
| Interest | $191,873 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,748,477 |
| Insurance | $119,200 |
| All other expenses | $0 |
| Total functional expenses | $12,422,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $526,740 |
| Savings and temporary cash investments | $4,770,105 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $560,568 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $496,843 |
| Prepaid expenses and deferred charges | $74,483 |
| Net Land, buildings, and equipment | $23,172,206 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $29,600,945 |
| Accounts payable and accrued expenses | $642,989 |
| Grants payable | $0 |
| Deferred revenue | $37,867 |
| 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 | $2,027,564 |
| Unsecured mortgages and notes payable | $3,529,901 |
| Other liabilities | $70,650 |
| Total liabilities | $6,308,971 |
| Net assets without donor restrictions | $23,291,974 |
| 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 | $29,600,945 |