Red Stick Golf Club Inc is located in Vero Beach, FL. The organization was established in 2000. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Red Stick Golf Club Inc employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red Stick Golf 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 06/2023, Red Stick Golf Club Inc generated $6.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $5.0m during the year ending 06/2023. While expenses have increased by 3.7% 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
PRIVATE MEMBERSHIP CLUB ORGANIZED TO PROVIDE A GOLF & SOCIAL ATMOSPHERE ON NON-PROFIT BASIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB PROVIDES GOLF TO ITS MEMBERS. THERE WERE APPROXIMATELY 9,729 ROUNDS OF GOLF DURING THE FISCAL YEAR ENDING JUNE 30, 2023.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William J Allard Board Member | Trustee | 5 | $0 |
George Wyper Board Member | Trustee | 5 | $0 |
Stephen C Coley President | OfficerTrustee | 5 | $0 |
Michael D White Board Member | Trustee | 5 | $0 |
Stephen F Dubord Secretary | OfficerTrustee | 5 | $0 |
Edward W Schick Former Treasurer | OfficerTrustee | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Caddie Services Inc Caddie Services | 6/29/23 | $983,327 |
Tideline Staffing Temp Employee Staffing | 6/29/23 | $106,125 |
Jayson Jeffries Golf Lessons | 6/29/23 | $101,828 |
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 | $5,870,577 |
Investment income | $205,597 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $90,766 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $163,487 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,361,329 |
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 | $2,271,337 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $168,392 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $34,135 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $30,720 |
Advertising and promotion | $0 |
Office expenses | $2,438 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $116,368 |
Travel | $10,018 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,899 |
Interest | $18,109 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $441,777 |
Insurance | $100,753 |
All other expenses | $962,219 |
Total functional expenses | $5,018,598 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,039,122 |
Savings and temporary cash investments | $1,965,787 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $25,348 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $144,798 |
Prepaid expenses and deferred charges | $132,739 |
Net Land, buildings, and equipment | $19,288,096 |
Investments—publicly traded securities | $0 |
Investments—other securities | $1,212,832 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,967,781 |
Total assets | $28,776,503 |
Accounts payable and accrued expenses | $139,010 |
Grants payable | $0 |
Deferred revenue | $3,763,209 |
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 | $47,648 |
Total liabilities | $3,949,867 |
Net assets without donor restrictions | $24,826,636 |
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 | $28,776,503 |