Eldorado Country Club is located in Indian Wells, CA. The organization was established in 1966. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eldorado 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 09/2022, Eldorado Country Club generated $18.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $17.2m during the year ending 09/2022. While expenses have increased by 3.2% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ELDORADO COUNTRY CLUB LOCATED IN INDIAN WELLS, CALIFORNIA, IS AN CALIFORNIA NONPROFIT CORPORATION. THE CLUB IS A PRIVATE COUNTRY CLUB OWNED BY ITS REGULAR GOLF MEMBERS AND PROMOTES FELLOWSHIP, RECREATION, AND PLEASURE AMONG ITS MEMBERS. THE CLUB OWNS AND OPERATES AN 18-HOLE GOLF COURSE AND A CLUBHOUSE FACILITY THAT INCLUDES FOOD AND BEVERAGE OPERATIONS. MEMBERSHIP CLASSIFICATIONS INCLUDE LIFETIME, REGULAR GOLF, PROGRESSIVE GOLF, SOCIAL AND HONORARY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICE ACTIVITIES ARE ORGANIZED AND OPERATED FOR THE PLEASURE, RECREATION, AND SOCIAL BENEFIT OF ITS MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Miller Coo/asst. Se | Officer | 40 | $518,735 |
Craig Ellis Greens Super | 40 | $374,184 | |
Mark Rigano Executive Ch | 40 | $220,942 | |
Pamela Jaymes Cfo/controll | Officer | 40 | $186,961 |
Terry Beardsley Dir.of Golf | 40 | $170,537 | |
Amy Spittle Dir.ofmember | 40 | $162,008 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Terry Beardsley Golf Shop Golf Merchandis | 9/29/22 | $903,733 |
Rafael Gomez Dba Great View Cleaning Janitorial Serv | 9/29/22 | $193,992 |
Creative Audio/visual | 9/29/22 | $159,885 |
Ng Valley Tree Service Tree Trimming | 9/29/22 | $131,823 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $13,696,943 |
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 | $13,696,943 |
Total Program Service Revenue | $3,378,336 |
Investment income | $6,237 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$112,210 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,145,851 |
Miscellaneous Revenue | $0 |
Total Revenue | $18,170,181 |
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. | $758,608 |
Compensation of current officers, directors, key employees. | $113,791 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,703,643 |
Pension plan accruals and contributions | $336,873 |
Other employee benefits | $1,028,102 |
Payroll taxes | $706,347 |
Fees for services: Management | $0 |
Fees for services: Legal | $21,104 |
Fees for services: Accounting | $16,191 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $30,157 |
Advertising and promotion | $0 |
Office expenses | $277,696 |
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 | $9,631 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,482,729 |
Insurance | $200,351 |
All other expenses | $1,849,222 |
Total functional expenses | $17,213,568 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,461,367 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,929,899 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $274,536 |
Prepaid expenses and deferred charges | $105,257 |
Net Land, buildings, and equipment | $24,614,153 |
Investments—publicly traded securities | $3,750,000 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $622,526 |
Total assets | $45,757,738 |
Accounts payable and accrued expenses | $1,332,597 |
Grants payable | $0 |
Deferred revenue | $12,470,785 |
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 | $841,439 |
Total liabilities | $14,644,821 |
Net assets without donor restrictions | $31,112,917 |
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 | $45,757,738 |
Over the last fiscal year, we have identified 1 grants that Eldorado Country Club has recieved totaling $500.
Awarding Organization | Amount |
---|---|
Spencer F And Cleone P Eccles Family Foundation Salt Lake City, UT PURPOSE: SCHOLARSHIPS | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Olympic Club San Francisco, CA | $139,553,098 | $52,824,082 |
Multnomah Athletic Club Portland, OR | $105,959,978 | $39,135,600 |
Monterey Peninsula Country Club Corp Pebble Beach, CA | $64,367,072 | $29,204,016 |
Hillcrest Country Club Los Angeles, CA | $41,243,354 | $25,586,349 |
Big Canyon Country Club Newport Beach, CA | $52,469,000 | $24,831,561 |
Jonathan Club Los Angeles, CA | $60,243,758 | $30,259,062 |
Los Angeles Country Club Los Angeles, CA | $94,895,978 | $18,517,076 |
Vintage Club Indian Wells, CA | $80,320,020 | $28,937,387 |
Brentwood Country Club Los Angeles Los Angeles, CA | $23,132,093 | $17,679,018 |
Waialae Country Club Honolulu, HI | $40,629,667 | $20,651,940 |
Track Town Usa Inc Eugene, OR | $22,816,196 | $29,424,138 |
Eldorado Country Club Indian Wells, CA | $45,757,738 | $18,170,181 |