Village Club & Preserve Inc
- Assets
- $1.4m
- Revenue
- $359.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Palm City, FL
- Founding
- 09/2018
- Data as of
- 12/2021
- EIN
- 82-3671907
Organization Overview
Village Club & Preserve Inc is located in Palm City, FL. The organization was established in 2018. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village Club & Preserve Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Village Club & Preserve Inc generated $359.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (21.1%) each year. All expenses for the organization totaled $237.9k during the year ending 12/2021. 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
THE VILLAGE CLUB AND PRESERVE (VCP) IS A FLORIDA NON-PROFIT 501(C)3 ORGANIZATION COMMITTED TO IMPACTING THE COMMUNITY FOR GOOD BY PROVIDING A PLACE TO GATHER, ENRICH, AND SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DESPITE THE CONTINUED CHALLENGES OF NAVIGATING COVID-19 IN 2021, WE WERE ABLE TO FORGE PARTNERSHIPS AND CARRY OUT A NUMBER OF PROGRAMS THAT IMPACTED OUR COMMUNITY FOR GOOD. (SEE ATTACHED STATEMENT DETAILING ACTIVITIES)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Krista Singleton President/director | OfficerTrustee | 20 | $26,000 |
Cynthia Hale Vice President/director | OfficerTrustee | 5 | $0 |
Todd Rosenhaus Treasurer/director | OfficerTrustee | 10 | $0 |
Kristy Roman Secretary/director | OfficerTrustee | 5 | $0 |
Sue Anderson Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $96,775 |
| Fundraising events | $33,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $221,674 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $351,449 |
| Total Program Service Revenue | $0 |
| Investment income | $18 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $359,154 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,062 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,606 |
| Office expenses | $4,418 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,687 |
| 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 | $55,844 |
| Insurance | $11,551 |
| All other expenses | $83,068 |
| Total functional expenses | $237,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $211,273 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,100 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,054,735 |
| Investments—publicly traded securities | $10,390 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,825 |
| Other assets | $85,383 |
| Total assets | $1,366,206 |
| Accounts payable and accrued expenses | $1,648 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $23,697 |
| Other liabilities | $0 |
| Total liabilities | $25,345 |
| Net assets without donor restrictions | $1,340,861 |
| 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 | $1,366,206 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Village Club & Preserve Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Ralph Foundation Inc Naples, FL PURPOSE: GENERAL CHARITABLE PURPOSE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boca West Country Club Boca Raton, FL | $152,991,211 | $54,212,550 |
Johns Island Club Inc Vero Beach, FL | $123,619,232 | $39,066,168 |
Cherokee Town & Country Club Inc Atlanta, GA | $70,405,206 | $43,703,981 |
St Andrews Country Club Inc Boca Raton, FL | $67,588,016 | $28,385,359 |
Capital City Club Inc Atlanta, GA | $84,524,331 | $33,363,422 |
Everglades Club Inc Palm Beach, FL | $55,459,603 | $24,732,349 |
Atlanta Athletic Club Johns Creek, GA | $48,939,283 | $29,765,696 |
Piedmont Driving Club Atlanta, GA | $77,050,064 | $28,104,317 |
Royal Poinciana Golf Club Inc Naples, FL | $61,264,527 | $17,332,259 |
Riviera Country Club Of Coral Gables Inc Coral Gables, FL | $63,238,082 | $21,710,203 |
Phi Mu Fraternity Peachtree City, GA | $13,751,042 | $22,181,589 |
Ansley Golf Club Atlanta, GA | $48,365,690 | $21,052,650 |