Tradition Golf Club
- Assets
- $47.5m
- Revenue
- $16.4m
- Investments
- $0.0
- Employees
- 181
- Location
- La Quinta, CA
- Founding
- 10/2009
- Data as of
- 09/2021
- EIN
- 26-1808354
Organization Overview
Tradition Golf Club is located in La Quinta, CA. The organization was established in 2009. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 09/2021, Tradition Golf Club employed 181 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tradition Golf Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2021, Tradition Golf Club generated $16.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $13.3m during the year ending 09/2021. While expenses have increased by 4.7% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE AND MAINTAIN A GOLF CLUB EXCLUSIVELY FOR THE PLEASURE AND RECREATION OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB CONTINUES TO OPERATE AND MAINTAIN THE CLUB FOR THE EXCLUSIVE BENEFIT OF ITS MEMBERS ( FAMILY MEMBERS AND GUESTS )
THE CLUB CONTINUED TO OPERATE AND MAINTAIN THE CLUB AND CONTINUE TO PROVIDE SERVICES TO ITS MEMBERS ( FAMILY MEMBERS AND GUESTS )
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ty Broadhead Golf Course | Officer | 40 | $241,290 |
Heidi Risk VP Finance/c | Officer | 40 | $180,270 |
Jerry Hixon Director Of | 40 | $171,274 | |
Matt Samson Clubhouse Ma | 40 | $116,382 | |
Kevin Kirby Director | Trustee | 3 | $0 |
Ron Taylor Director | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Paul Scott Anderson Architect | 9/29/19 | $268,049 |
Go Green Soloutions Green Wastes | 9/29/19 | $142,100 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,270,772 |
| 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 | $8,270,772 |
| Total Program Service Revenue | $3,019,742 |
| Investment income | $1,924,952 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,172,356 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,366,705 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,444,333 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $728,935 |
| Payroll taxes | $524,998 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $197,621 |
| 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 | $0 |
| Advertising and promotion | $43,538 |
| Office expenses | $543,759 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $19,087 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $197,501 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,509,477 |
| Insurance | $381,405 |
| All other expenses | $1,988,064 |
| Total functional expenses | $13,341,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,000 |
| Savings and temporary cash investments | $4,359,967 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,615,430 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $286,883 |
| Prepaid expenses and deferred charges | $192,965 |
| Net Land, buildings, and equipment | $35,221,230 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,772,192 |
| Total assets | $47,453,667 |
| Accounts payable and accrued expenses | $2,104,406 |
| Grants payable | $0 |
| Deferred revenue | $4,859,383 |
| 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 | $4,418,771 |
| Total liabilities | $11,382,560 |
| Net assets without donor restrictions | $36,071,107 |
| 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 | $47,453,667 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Blackhawk Country Club Danville, CA | $46,780,436 | $25,821,111 |
Arizona Country Club Inc Ingleside Golf Course Phoenix, AZ | $28,519,514 | $16,170,854 |
Peninsula Golf & Country Club San Mateo, CA | $37,014,286 | $17,194,396 |
Tradition Golf Club La Quinta, CA | $47,453,667 | $16,366,705 |
Indian Ridge Country Club Inc Palm Desert, CA | $34,712,749 | $13,063,649 |
Orinda Country Club Orinda, CA | $26,304,081 | $14,413,689 |
Thunderbird Country Club A Corp Rancho Mirage, CA | $22,264,861 | $10,979,612 |
Oahu Country Club Honolulu, HI | $21,871,149 | $11,423,263 |
Club At Morningside Inc Rancho Mirage, CA | $15,858,818 | $9,401,139 |
The Reserve Club Indian Wells, CA | $31,458,734 | $9,455,163 |
The Estancia Club Inc Scottsdale, AZ | $23,780,936 | $10,696,041 |
Montreux Golf & Country Club Inc Reno, NV | $29,596,657 | $7,133,879 |