Corral De Tierra Country Club
- Assets
- $17.5m
- Revenue
- $9.6m
- Investments
- $0.0
- Employees
- 127
- Location
- Salinas, CA
- Founding
- 04/1961
- Data as of
- 12/2023
- EIN
- 94-1406809
Organization Overview
Corral De Tierra Country Club is located in Salinas, CA. The organization was established in 1961. 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 12/2023, Corral DE Tierra Country Club employed 127 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corral DE Tierra Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Corral DE Tierra Country Club generated $9.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $9.0m during the year ending 12/2023. While expenses have increased by 1.3% per year over the past 8 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 COUNTRY CLUB
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION CONDUCTS ACTIVITIES FOR THE BENEFIT OF ITS MEMBERSHIP, INCLUDING GOLF ACTIVITIES AND SOCIAL FUNCTIONS.
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 |
|---|---|---|---|
Bill Huggins Director | Trustee | 1 | $0 |
Laurie Lee Secretary | OfficerTrustee | 1 | $0 |
Brian Antle President | OfficerTrustee | 1 | $0 |
Aaron Johnson Vice President | Trustee | 1 | $0 |
Jill Kennedy Director | Trustee | 1 | $0 |
Marty Giovanetti Director | Trustee | 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 | $7,238,869 |
| Investment income | $139,030 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,159 |
| Net Gain/Loss on Asset Sales | -$293 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,188,078 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,625,001 |
| 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. | $898,893 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,507,010 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $667,004 |
| Payroll taxes | $366,684 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $113,222 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,827 |
| Office expenses | $74,592 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $146,105 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $854,241 |
| Insurance | $117,092 |
| All other expenses | $1,034,258 |
| Total functional expenses | $9,046,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,942 |
| Savings and temporary cash investments | $2,774,157 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,305,889 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $227,850 |
| Prepaid expenses and deferred charges | $72,385 |
| Net Land, buildings, and equipment | $12,774,244 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $170,734 |
| Total assets | $17,456,201 |
| Accounts payable and accrued expenses | $927,805 |
| Grants payable | $0 |
| Deferred revenue | $588,835 |
| 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 | $3,110,010 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $170,734 |
| Total liabilities | $4,797,384 |
| Net assets without donor restrictions | $0 |
| 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 | $12,658,817 |
| Total liabilities and net assets/fund balances | $17,456,201 |