Pensacola Country Club
- Assets
- $12.9m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 142
- Location
- Pensacola, FL
- Founding
- 04/1964
- Data as of
- 09/2023
- EIN
- 59-0398420
Organization Overview
Pensacola Country Club is located in Pensacola, FL. The organization was established in 1964. 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, Pensacola Country Club employed 142 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pensacola 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, Pensacola Country Club generated $6.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $6.9m during the year ending 09/2023. While expenses have increased by 6.7% 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
PROVIDE AND MAINTAIN RECREATIONAL FACILITIES TO MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLF: APPROXIMATELY 250 MEMBERS MAKE USE OF THE GOLF COURSE.
FOOD & BEVERAGE SERVICES/CLUBHOUSE/TENNIS/POOL: THESE SERVICES ARE AVAILABLE TO THE ENTIRE MEMBERSHIP OF APPROXIMATELY 500 MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shauna Muhl Director | Trustee | 0 | $0 |
Judy Gund Secretary | OfficerTrustee | 0 | $0 |
Rick Johnson President | OfficerTrustee | 0 | $0 |
Bill Mitchell Vice-President | OfficerTrustee | 0 | $0 |
Alex Stacy Treasurer | OfficerTrustee | 0 | $0 |
Will Hart Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,177,860 |
| 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 | $4,177,860 |
| Total Program Service Revenue | $1,579,772 |
| Investment income | $465 |
| 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 | $491,129 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,298,411 |
| 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 | $3,079,958 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $67,456 |
| 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 | $0 |
| Office expenses | $19,813 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $295,618 |
| Travel | $33,142 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,327 |
| Interest | $256,738 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $766,007 |
| Insurance | $500,816 |
| All other expenses | $799,269 |
| Total functional expenses | $6,898,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,406 |
| Savings and temporary cash investments | $265,994 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $858,718 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $243,551 |
| Prepaid expenses and deferred charges | $265,904 |
| Net Land, buildings, and equipment | $11,282,144 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,265 |
| Total assets | $12,940,982 |
| Accounts payable and accrued expenses | $2,425,444 |
| Grants payable | $0 |
| Deferred revenue | $325,871 |
| 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 | $4,879,358 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,630,673 |
| Net assets without donor restrictions | $0 |
| 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 | $11,094,883 |
| Retained earnings, endowment, accumulated income, or other funds | -$5,784,574 |
| Total liabilities and net assets/fund balances | $12,940,982 |