Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MEMBERSHIP DUES AND ASSESSMENTS

  total $5,164,557 · related or exempt $5,164,557

• 2b · Program service revenue: INITIATION FEES AND CAPITAL ASSES

  total $2,378,642 · related or exempt $2,378,642

• 2c · Program service revenue: GREENS FEES & GOLF OPERATIONS

  total $2,089,463 · related or exempt $1,661,469 · unrelated business $427,994

• 2d · Program service revenue: FOOD DEPARTMENT

  total $716,761 · related or exempt $534,716 · unrelated business $182,045

• 2e · Program service revenue: ENTERTAINMENT

  total $526,070 · related or exempt $526,070

• 2f · All other program service revenue

  total $863,456 · related or exempt $777,965 · unrelated business $85,491

• 3 · Investment income

  total $341,201 · unrelated business $341,201

• 7a · Gross sales of assets other than inventory

  other assets $13,600

• 7b · Less cost or other basis and sales expenses

  other assets $501

• 7c · Gain or loss

  other assets $13,099

• 7d · Net gain or loss

  total $13,099 · related or exempt $13,099

• 10a · Gross sales of inventory

  $7,758,382

• 10b · Cost of goods sold

  $3,338,797

• 10c · Net income from sales of inventory

  total $4,419,585 · related or exempt $3,505,577 · unrelated business $914,008

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $34,007 · related or exempt $34,007

• 11b · Other revenue: FINANCE CHARGES RECEIVED FROM MEM

  total $7,261 · related or exempt $7,261

• 11e · Other revenue, total

  $41,268

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,022,233

• 7 · Other salaries and wages

  total $6,439,225

• 9 · Other employee benefits

  total $958,016

• 10 · Payroll taxes

  total $813,892

• 11c · Fees: accounting

  total $65,132

• 11g · Fees: other

  total $93,242

• 13 · Office expenses

  total $360,215

• 14 · Information technology

  total $145,509

• 16 · Occupancy

  total $627,501

• 17 · Travel

  total $14,427

• 19 · Conferences, conventions and meetings

  total $3,062

• 20 · Interest

  total $267,713

• 22 · Depreciation, depletion and amortization

  total $2,292,992

• 24a · Other expenses: SUPPLIES

  total $984,188

• 24b · Other expenses: EVENTS/TOURNAMENTS

  total $506,603

• 24c · Other expenses: EQUIPMENT RENTAL & MAIN

  total $441,068

• 24d · Other expenses: UNIFORMS

  total $79,375

• 24e · All other expenses

  total $272,687

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $709,435 · end of year $880,356

• 2 · Savings and temporary cash investments

  beginning of year $6,703,929 · end of year $7,888,533

• 4 · Accounts receivable

  beginning of year $972,660 · end of year $963,213

• 8 · Inventories for sale or use

  beginning of year $1,058,171 · end of year $797,721

• 9 · Prepaid expenses and deferred charges

  beginning of year $210,698 · end of year $208,751

• 10a · Land, buildings and equipment: cost or other basis

  $54,949,144

• 10b · Land, buildings and equipment: accumulated depreciation

  $27,771,560

• 10c · Land, buildings and equipment, net

  beginning of year $27,906,846 · end of year $27,177,584

• 12 · Investments: other securities

  beginning of year $102,967 · end of year $110,775

• 15 · Other assets

  beginning of year $252,918 · end of year $249,297

• 17 · Accounts payable and accrued expenses

  beginning of year $1,584,560 · end of year $1,291,623

• 19 · Deferred revenue

  beginning of year $473,132 · end of year $580,615

• 23 · Secured mortgages and notes payable

  beginning of year $4,922,427 · end of year $4,386,006

• 25 · Other liabilities

  beginning of year $448,136 · end of year $349,709

• 27 · Net assets without donor restrictions

  beginning of year $30,489,369 · end of year $31,668,277

The filer's explanations (Part III)

PART I, LINES 4A-C

SUZETTE CASTILLO - $2,510 IAN BROWN - $20,000