Eldorado Country Club
- Assets
- $51.4m
- Revenue
- $25.7m
- Investments
- $0.0
- Employees
- 348
- Location
- Indian Wells, CA
- Founding
- 12/1966
- Data as of
- 09/2023
- EIN
- 95-1956821
Organization Overview
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. As of 09/2023, Eldorado Country Club employed 348 individuals. 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 09/2023, Eldorado Country Club generated $25.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $18.8m during the year ending 09/2023. While expenses have increased by 3.9% 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
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Miller Coo/gm - Ass | Officer | 40 | $534,806 |
Craig Ellis Dir, Of Agro | 40 | $378,558 | |
Mark Rigano Executive Ch | 40 | $222,925 | |
Terry Beardsley Dir.of Golf | 40 | $172,005 | |
Pamela Jaymes Cfo/controll | Officer | 40 | $170,021 |
Amy Spittle Dir.ofmember | 40 | $146,682 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Terry Beardsley Golf Shop Golf Merchandis | 9/29/23 | $1,084,675 |
Rafael Gomez Dba Great View Cleaning Janitorial Serv | 9/29/23 | $211,003 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $16,060,714 |
| 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 | $16,060,714 |
| Total Program Service Revenue | $8,521,211 |
| Investment income | $146,535 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$956,521 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,930,123 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,744,172 |
| 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. | $704,827 |
| Compensation of current officers, directors, key employees. | $98,676 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,915,425 |
| Pension plan accruals and contributions | $368,661 |
| Other employee benefits | $1,104,646 |
| Payroll taxes | $736,723 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50,949 |
| Fees for services: Accounting | $26,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $40,250 |
| Advertising and promotion | $0 |
| Office expenses | $334,958 |
| 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 | $11,212 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,457,620 |
| Insurance | $208,608 |
| All other expenses | $1,737,914 |
| Total functional expenses | $18,762,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $793,053 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,639,567 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $302,056 |
| Prepaid expenses and deferred charges | $300,188 |
| Net Land, buildings, and equipment | $27,995,308 |
| Investments—publicly traded securities | $11,363,503 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,052,064 |
| Total assets | $51,445,739 |
| Accounts payable and accrued expenses | $2,742,602 |
| Grants payable | $0 |
| Deferred revenue | $9,569,025 |
| 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 | $906,191 |
| Total liabilities | $13,217,818 |
| Net assets without donor restrictions | $38,227,921 |
| 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 | $51,445,739 |