Miles Grant Country Club Inc
- Assets
- $4.0m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 38
- Location
- Stuart, FL
- Founding
- 03/1990
- Data as of
- 12/2021
- EIN
- 59-1573732
Organization Overview
Miles Grant Country Club Inc is located in Stuart, FL. The organization was established in 1990. 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 12/2021, Miles Grant Country Club Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miles Grant Country Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Miles Grant Country Club Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. While expenses have increased by 1.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HIGH QUALITY PROGRAMS AND PERSONALIZED SERVICE FOR THE MILES GRANT MEMBERS; TO INSURE FINANCIAL INTEGRITY AND STABILITY; AND TO BE A CENTER FOR SOCIAL ACTIVITIES FOR THE EXPANDED MILES GRANT COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF AN EIGHTEEN HOLE GOLF COURSE FOR THE BENEFIT OF THE MEMBERS. TOTAL ROUNDS PLAYED DURING THE YEAR WERE 35,130 OF WHICH 2,307 WERE NONMEMBER RELATED. THERE ARE MANY TOURNAMENTS, SCRAMBLES AND OPEN GOLF SCHEDULED THROUGHOUT THE YEAR FOR THE ENJOYMENT OF THE MEMBERS.
OPERATION OF A DINING FACILITY FOR USE BY MEMBERS. TOTAL FOOD AND BEVERAGE INCOME FOR THE YEAR WAS $813,137 OF WHICH $91,426 WAS NONMEMBER RELATED INCOME. THERE WERE A NUMBER OF SOCIAL DINNER/DANCE EVENTS HELD DURING THE YEAR FOR THE ENJOYMENT OF THE MEMBERS.
OPERATION OF A CLUBHOUSE AND POOL FOR USE BY MEMBERS. THE CLUBHOUSE IS OPEN APPROXIMATELY TEN TO FIFTEEN HOURS PER DAY, SEVEN DAYS A WEEK FOR MEMBER USE DURING THE YEAR. THE SWIMMING POOL IS OPEN FROM 8AM UNTIL DUSK SEVEN DAYS A WEEK FOR MEMBER USE DURING THE YEAR. MEMBERS ENJOY WI-FI SERVICES, VARIOUS TABLE GAMES, BILLIARDS, AND EXERCISE CLASSES DURING THE YEAR.
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 |
|---|---|---|---|
Robert Teichert General Manager | Officer | 40 | $82,331 |
Cindy Burbine President | OfficerTrustee | 8 | $0 |
Marie Caiazza Vice President/secretary | OfficerTrustee | 7 | $0 |
Michael Scaduto Treasurer | OfficerTrustee | 6 | $0 |
Carol Richards Assistant Treasurer | OfficerTrustee | 6 | $0 |
Sue Nelson Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,778,610 |
| Investment income | $199 |
| 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 | $560,410 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,349,611 |
| 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. | $94,511 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $770,197 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $47,940 |
| Payroll taxes | $96,426 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,092 |
| Fees for services: Accounting | $30,377 |
| 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 | $0 |
| 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 | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $153,942 |
| Insurance | $110,496 |
| All other expenses | $71,798 |
| Total functional expenses | $2,077,826 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $266,547 |
| Savings and temporary cash investments | $510,173 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $252,733 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $41,596 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,881,548 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,952,597 |
| Accounts payable and accrued expenses | $79,172 |
| Grants payable | $0 |
| Deferred revenue | $119,643 |
| 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 | $257,554 |
| Total liabilities | $456,369 |
| 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 | $2,639,930 |
| Retained earnings, endowment, accumulated income, or other funds | $856,298 |
| Total liabilities and net assets/fund balances | $3,952,597 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ansley Golf Club Atlanta, GA | $48,365,690 | $21,052,650 |
Royal Palm Yacht & Country Club Boca Raton, FL | $46,256,364 | $15,345,430 |
Palm Beach Country Club Palm Beach, FL | $28,111,995 | $21,230,123 |
The Club At Pelican Bay Inc Naples, FL | $49,551,991 | $15,480,224 |
United States Specialty Sports Association Inc Melbourne, FL | $30,501,525 | $19,243,372 |
Alpha Delta Pi Sorority Atlanta, GA | $18,755,038 | $19,005,623 |
Quail Ridge Country Club Inc Boynton Beach, FL | $44,841,038 | $11,345,026 |
Quail Creek Country Club Inc Naples, FL | $44,189,570 | $16,205,695 |
Lagorce Country Club Miami Beach, FL | $36,015,198 | $11,628,028 |
Amateur Athletic Union Of The United States Inc Lake Buena Vista, FL | $14,686,196 | $10,174,860 |
Harbour Ridge Country Club Palm City, FL | $48,715,310 | $11,636,786 |
Dunwoody Country Club Inc Atlanta, GA | $25,487,572 | $16,307,962 |