Los Verdes Mens Golf & Country Club is located in Rancho Palos Verdes, CA. The organization was established in 1965. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Los Verdes Mens Golf & 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 12/2023, Los Verdes Mens Golf & Country Club generated $89.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $115.5k during the year ending 12/2023. While expenses have increased by 3.6% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ASSOCIATION'S MEMBERS BENEFITED FROM THE DINNERS, TOURNAMENTS AND OTHER EVENTS HELD THROUGHOUT THE YEAR.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Wells President | 2 | $0 | |
Paul Hendrickson Tournament Chairman | 3 | $0 | |
William Uphoff Treasurer | 3 | $0 | |
Randy Sgro Program Chairman | 1 | $0 | |
Tino Gomez Bus Trip Chairman | 1 | $0 | |
Daniel Turner Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $89,388 |
| Investment income | $71 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,459 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $115,489 |
| Total expenses | $115,489 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,890 |
| Other assets | $0 |
| Total assets | $82,890 |
| Total liabilities | $0 |
| Net assets or fund balances | $82,890 |