Inglewood Golf Club
- Assets
- $15.2m
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 149
- Location
- Kenmore, WA
- Founding
- 06/1922
- Data as of
- 12/2021
- EIN
- 91-0513474
Organization Overview
Inglewood Golf Club is located in Kenmore, WA. The organization was established in 1922. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Inglewood Golf Club employed 149 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inglewood 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 12/2021, Inglewood Golf Club generated $7.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $6.0m during the year ending 12/2021. While expenses have increased by 2.9% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE GOLF AND SOCIAL ACTIVITIES FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF COURSE, PRO SHOP, GOLF CARTS, LOCKER ROOMS AND CLUBHOUSE FACILITIES ARE FOR THE USE OF AND ENJOYMENT OF THE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig Mccrone General Manager | Officer | 40 | $194,727 |
Greg Matz Supt Of Golf | 40 | $171,024 | |
Mike Gove Head Pro | 40 | $152,323 | |
Tim Nierman Secretary | OfficerTrustee | 1 | $0 |
Ryan Vanetta Treasurer | OfficerTrustee | 1 | $0 |
David Arista Vice President | OfficerTrustee | 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 | $5,029,210 |
| Investment income | $26,758 |
| 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 | $1,067,741 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,003,359 |
| 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. | $518,075 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,521,595 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $356,265 |
| Payroll taxes | $315,400 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,455 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $43,471 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $42,046 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $683,225 |
| Insurance | $63,740 |
| All other expenses | $312,342 |
| Total functional expenses | $5,986,853 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $260,280 |
| Savings and temporary cash investments | $2,753,032 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $605,446 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $291,382 |
| Prepaid expenses and deferred charges | $29,665 |
| Net Land, buildings, and equipment | $11,151,484 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $140,155 |
| Total assets | $15,231,444 |
| Accounts payable and accrued expenses | $375,112 |
| Grants payable | $0 |
| Deferred revenue | $360,226 |
| 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 | $428,850 |
| Total liabilities | $1,164,188 |
| Net assets without donor restrictions | $14,067,256 |
| 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 | $15,231,444 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inglewood Golf Club Kenmore, WA | $15,231,444 | $7,003,359 |
Hillcrest Country Club Inc Boise, ID | $12,228,701 | $5,954,612 |
Pacific Northwest Section Of The Professional Golfers Assn Of Amer Tumwater, WA | $1,570,511 | $2,890,787 |
Washington State Golf Association Tacoma, WA | $7,966,276 | $3,313,504 |
Leavenworth Golf Club Leavenworth, WA | $1,216,969 | $1,328,678 |
Idaho Golf Association Inc Boise, ID | $468,210 | $1,174,464 |
The Childrens Course Inc Gladstone, OR | $5,253,233 | $2,160,091 |
Seattle Jr Golf Foundation Seattle, WA | $2,007,752 | $1,363,163 |
Three Lakes Public Golf Club Inc Wenatchee, WA | $696,763 | $1,172,732 |
First Tee Of South Puget Sound Tacoma, WA | $418,296 | $879,637 |
Peninsula Golf Club Inc Port Angeles, WA | $452,776 | $721,154 |
Washington Junior Golf Association Sumner, WA | $1,026,048 | $591,008 |