Terravita Country Club Inc is located in Scottsdale, AZ. The organization was established in 2003. 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. Terravita 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 04/2022, Terravita Country Club Inc generated $5.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $4.9m during the year ending 04/2022. While expenses have increased by 4.4% 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 SOCIAL & RECREATIONAL ACTIVITIES FOR MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SOCIAL & RECREATIONAL ACTIVITIES TO APPROXIMATELY 1,380 MEMBERSHIPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Drew Augustin President | OfficerTrustee | 3 | $0 |
Richele Soja Vice President | OfficerTrustee | 2 | $0 |
Sue Mathys Treasurer | OfficerTrustee | 3 | $0 |
Peter Mcfadden Secretary | OfficerTrustee | 2 | $0 |
Michael Gass Director | Trustee | 2 | $0 |
Gary Gemoll Director | Trustee | 2 | $0 |
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 | $4,226,596 |
Investment income | $715 |
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 | $679,260 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,225,595 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,026,831 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $217,825 |
Payroll taxes | $192,082 |
Fees for services: Management | $137,119 |
Fees for services: Legal | $2,577 |
Fees for services: Accounting | $30,393 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $14,196 |
Office expenses | $15,039 |
Information technology | $60,467 |
Royalties | $0 |
Occupancy | $54,192 |
Travel | $1,111 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $184,231 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $870,860 |
Insurance | $69,460 |
All other expenses | $474,703 |
Total functional expenses | $4,932,299 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $728,484 |
Savings and temporary cash investments | $1,335,586 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $577,844 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $73,130 |
Prepaid expenses and deferred charges | $36,293 |
Net Land, buildings, and equipment | $13,199,992 |
Investments—publicly traded securities | $0 |
Investments—other securities | $1,603,029 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $62,371 |
Total assets | $17,616,729 |
Accounts payable and accrued expenses | $389,489 |
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 | $3,943,425 |
Total liabilities | $4,332,914 |
Net assets without donor restrictions | $10,417,752 |
Net assets with donor restrictions | $2,866,063 |
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 | $17,616,729 |
Organization Name | Assets | Revenue |
---|---|---|
Arizona Country Club Inc Ingleside Golf Course Phoenix, AZ | $28,519,514 | $16,170,854 |
Brewers Association Inc Boulder, CO | $36,725,546 | $18,925,110 |
Peninsula Golf & Country Club San Mateo, CA | $37,014,286 | $17,194,396 |
Tradition Golf Club La Quinta, CA | $47,453,667 | $16,366,705 |
Indian Ridge Country Club Inc Palm Desert, CA | $34,712,749 | $13,063,649 |
Orinda Country Club Orinda, CA | $26,304,081 | $14,413,689 |
Thunderbird Country Club A Corp Rancho Mirage, CA | $22,264,861 | $10,979,612 |
Club At Morningside Inc Rancho Mirage, CA | $15,858,818 | $9,401,139 |
The Reserve Club Indian Wells, CA | $31,458,734 | $9,455,163 |
The Estancia Club Inc Scottsdale, AZ | $23,780,936 | $10,696,041 |
Montreux Golf & Country Club Inc Reno, NV | $29,596,657 | $7,133,879 |
California Golf Club Of San Francisco South San Francisco, CA | $19,297,686 | $9,754,605 |