Tacoma Country And Golf Club
- Assets
- $16.3m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 215
- Location
- Lakewood, WA
- Founding
- 04/1947
- Data as of
- 03/2023
- EIN
- 91-0434880
Organization Overview
Tacoma Country And Golf Club is located in Lakewood, WA. The organization was established in 1947. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 03/2023, Tacoma Country And Golf Club employed 215 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tacoma Country And Golf Club 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, Tacoma Country And Golf Club generated $5.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $6.1m during the year ending 03/2023. While expenses have increased by 8.0% 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 MEET THE RECREATION AND SOCIAL NEEDS OF THE CLUB'S MEMBERS BY OFFERING A GOLF COURSE OF CHAMPIONSHIP CALIBER, EXCEPTIONAL FOOD, SERVICE, HOSPITALITY AND FAMILY ACTIVITIES IN AN ATMOSPHERE THAT CULTIVATES FRIENDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED A FACILITY AND GOLF COURSE FOR APPROXIMATELY 935 MEMBERS FOR SOCIAL ACTIVITIES AND DEVELOPED INTEREST IN THE GAME OF GOLF.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Hanson Director | Trustee | 0.5 | $0 |
Rich Mcentee Director | Trustee | 1 | $0 |
Dave Brazier President | OfficerTrustee | 1 | $0 |
Andy Johnson Director | Trustee | 0.5 | $0 |
Liz Snyder Director | Trustee | 1 | $0 |
Todd Abbott Vice President | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Accrete Construction New Pro Shop & Driving Range Facility | 3/30/18 | $1,475,685 |
Harbottle Golf Inc Golf Pro | 3/30/18 | $356,788 |
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 | $6,382,036 |
| Investment income | $2,570 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,209 |
| Net Gain/Loss on Asset Sales | -$388,297 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$208,105 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,814,836 |
| 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. | $293,516 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,842,058 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $234,218 |
| Payroll taxes | $268,089 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $17,122 |
| Fees for services: Accounting | $24,383 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,429 |
| Advertising and promotion | $81,063 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $532,917 |
| Travel | $4,663 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | -$22,585 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $805,788 |
| Insurance | $103,859 |
| All other expenses | $376,999 |
| Total functional expenses | $6,069,388 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $428,589 |
| Savings and temporary cash investments | $2,326,599 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $857,057 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $125,957 |
| Prepaid expenses and deferred charges | $24,303 |
| Net Land, buildings, and equipment | $12,063,720 |
| Investments—publicly traded securities | $109,302 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $317,815 |
| Total assets | $16,253,342 |
| Accounts payable and accrued expenses | $886,469 |
| Grants payable | $0 |
| Deferred revenue | $848,054 |
| 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 | $164,433 |
| Total liabilities | $1,898,956 |
| Net assets without donor restrictions | $14,354,386 |
| 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 | $16,253,342 |