Seattle Golf Club
- Assets
- $17.3m
- Revenue
- $6.3m
- Investments
- $0.0
- Employees
- 108
- Location
- Shoreline, WA
- Founding
- 08/1934
- Data as of
- 12/2021
- EIN
- 91-0402810
Organization Overview
Seattle Golf Club is located in Shoreline, WA. The organization was established in 1934. 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, Seattle Golf Club employed 108 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seattle 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 12/2021, Seattle Golf Club generated $6.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $6.0m during the year ending 12/2021. While expenses have increased by 2.5% 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
OPERATION OF A PRIVATE CLUB FOR THE BENEFIT OF ITS MEMBERS AND THEIR GUESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kipp Johnson General Manager | 40 | $227,925 | |
Doug Doxsie Golf Professional | 40 | $218,530 | |
Matthew Schuldt Course Superintendent | 40 | $168,456 | |
Matt Morgan Assistant Gm/controller | 40 | $119,358 | |
David Engler Executive Chef | 40 | $115,430 | |
Dr Richard Jones Vice President | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,220,920 |
| 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 | $5,220,920 |
| Total Program Service Revenue | $454,759 |
| Investment income | $6,630 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $26,300 |
| 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 | $592,197 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,300,806 |
| 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. | $938,066 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,811,491 |
| Pension plan accruals and contributions | $106,060 |
| Other employee benefits | $480,120 |
| Payroll taxes | $259,125 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,742 |
| 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 | $45,604 |
| Information technology | $58,644 |
| Royalties | $0 |
| Occupancy | $443,334 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,825 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $862,183 |
| Insurance | $100,787 |
| All other expenses | $0 |
| Total functional expenses | $6,019,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,815,691 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $681,461 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $597,666 |
| Inventories for sale or use | $95,635 |
| Prepaid expenses and deferred charges | $140,853 |
| Net Land, buildings, and equipment | $12,993,106 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,324,412 |
| Accounts payable and accrued expenses | $405,380 |
| Grants payable | $0 |
| Deferred revenue | $406,534 |
| 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 | $1 |
| Total liabilities | $811,915 |
| Net assets without donor restrictions | $16,512,497 |
| 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 | $17,324,412 |
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|---|---|---|
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Overlake Golf And Country Club Medina, WA | $29,417,112 | $12,082,027 |
Waverley Country Club Portland, OR | $15,287,232 | $9,034,980 |
Portland Golf Club Portland, OR | $13,576,929 | $9,879,957 |
Broadmoor Golf Club Seattle, WA | $17,865,105 | $8,643,094 |
Seattle Yacht Club Seattle, WA | $30,460,626 | $8,534,744 |
Seattle Tennis Club Seattle, WA | $26,695,930 | $9,613,446 |
Eugene Country Club Eugene, OR | $18,840,181 | $10,610,025 |
Sahalee Country Club Sammamish, WA | $23,374,179 | $8,767,050 |
Glendale Country Club Bellevue, WA | $11,150,711 | $6,731,979 |
Crane Creek Country Club Inc Boise, ID | $12,055,975 | $8,134,386 |
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