Victoria Club
- Assets
- $7.3m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 147
- Location
- Riverside, CA
- Founding
- 04/1946
- Data as of
- 09/2023
- EIN
- 95-1335100
Organization Overview
Victoria Club is located in Riverside, CA. The organization was established in 1946. 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 09/2023, Victoria Club employed 147 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victoria Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2023, Victoria Club generated $5.1m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $5.4m during the year ending 09/2023. 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
A NONPROFIT CORPORATION ORGANIZED FOR THE PRIMARY PURPOSE OF OPERATING AND MAINTAINING A GOLF COURSE, TENNIS COURTS, SWIMMING POOL AND CLUBHOUSE FOR THE PLEASURE AND RECREATION OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A NON PROFIT CORPORATION ORGANIZED FOR THE PRIMARY PURPOSE OF OPERATING AND MAINTAINING A GOLF COURSE, TENNIS COURTS, SWIMMING POOL, AND CLUBHOUSE EXCLUSIVELY FOR THE PLEASURE AND RECREATION OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Cross General Manager | 60 | $126,937 | |
Joe Wagner Superintendent | 60 | $122,672 | |
Dave Hernandez President | OfficerTrustee | 2 | $0 |
Paul Nolan Vice President | OfficerTrustee | 2 | $0 |
John Allavie Treasurer | OfficerTrustee | 2 | $0 |
Lloyd Engleman Secretary | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Valley Crest Golf Course Maintenance Golf Course Maintenance | 9/29/15 | $1,070,904 |
Employment Solutions Contract Employees | 9/29/15 | $255,036 |
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 | $5,039,866 |
| Investment income | $5,324 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,213 |
| 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 | $12,726 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,065,129 |
| 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. | $126,937 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,772,183 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $318,114 |
| Payroll taxes | $158,840 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $53,503 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $28,951 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $753,934 |
| Insurance | $167,249 |
| All other expenses | $616,098 |
| Total functional expenses | $5,425,512 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $296,953 |
| Savings and temporary cash investments | $914,476 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $416,872 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $212,613 |
| Inventories for sale or use | $254,654 |
| Prepaid expenses and deferred charges | $133,855 |
| Net Land, buildings, and equipment | $5,022,945 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $90,164 |
| Total assets | $7,342,532 |
| Accounts payable and accrued expenses | $464,523 |
| Grants payable | $0 |
| Deferred revenue | $118,703 |
| 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 | $651,014 |
| Total liabilities | $1,234,240 |
| Net assets without donor restrictions | $6,018,128 |
| Net assets with donor restrictions | $90,164 |
| 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 | $7,342,532 |