Lakes Golf & Country Club Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311266644 ✦ Westerville, OH ✦ Designated as a 501(c)(7)

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Overview

What is Lakes Golf & Country Club Inc?

Lakes Golf & Country Club Inc, located in Westerville, Ohio, serves as a membership-based nonprofit organization. Its primary purpose is to offer recreational facilities and maintain their upkeep, catering to the needs of its members and their guests. These facilities include golf courses, a clubhouse, racquet sports courts, a swimming pool, and athletic amenities. The club's mission is to encourage social interaction among its members by providing these recreational spaces and organizing planned entertainment events. With a workforce of 347 employees, Lakes Golf & Country Club Inc fosters a sense of community and camaraderie among its members.


Official website here: www.lakesclub.com

Is Lakes Golf & Country Club Inc legitimate?

Lakes Golf & Country Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lakes Golf & Country Club Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $318,002
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,863,648

For more financial information, click here


Official website here: www.lakesclub.com

What is the mission statement of Lakes Golf & Country Club Inc?

The mission of Lakes Golf & Country Club Inc. is centered around providing its members with various recreational facilities, including golf courses, racquet sports courts, swimming pools, and fitness centers. This is done with the primary aim of promoting enjoyment and fostering family and social interaction among its members. The club achieves this by offering planned social entertainment programs alongside the use of these sports facilities. The club also invests in maintaining the facilities to ensure they remain in good condition for the use of its members and their guests.


Official website here: www.lakesclub.com

What is the revenue of Lakes Golf & Country Club Inc?

Lakes Golf & Country Club Inc's revenue in 2023 was $9,846,313.


Official website here: www.lakesclub.com

Who are the executives of Lakes Golf & Country Club Inc and what are their salaries?

The average compensation at Lakes Golf & Country Club Inc during 2023 was $11,681. There are 358 employees and 41 volunteers at Lakes Golf & Country Club Inc.

Here are 8 key members and their salaries:


Tod J Ortlip (Trustee)
  • Compensation: $1,325
  • Related: $0
  • Other: $0
Leigh Allen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Ortlip (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James P Spragg (Chief Operations Officer)
  • Compensation: $288,764
  • Related: $0
  • Other: $11,137
Christopher Haunty (Greens Superintendent)
  • Compensation: $156,180
  • Related: $0
  • Other: $26,573
Edward Kline (Head Golf Professional)
  • Compensation: $120,360
  • Related: $0
  • Other: $22,754
David Clark (Financial Manager)
  • Compensation: $105,104
  • Related: $0
  • Other: $4,204
Alison Trimble (Asst Gen Mgr/Food & Bev Director)
  • Compensation: $101,085
  • Related: $0
  • Other: $8,226


Official website here: www.lakesclub.com

Where can I find the form 990 for Lakes Golf & Country Club Inc?

Lakes Golf & Country Club Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lakesclub.com

Learn more at the official website: www.lakesclub.com

Mission Statement of Lakes Golf & Country Club Inc

Lakes Golf & Country Club Inc, a renowned nonprofit organization, is devoted to providing a conducive environment for its members to unwind and interact. Its primary mission is to offer golf, racquet sports, swimming, fitness facilities, and a clubhouse for the enjoyment of its members. By doing so, the club aims to foster family and social interaction within its membership base. This is achieved through the utilization of sporting facilities and the implementation of planned social entertainment programs. The club's purpose extends beyond leisure activities, as it also invests in the upkeep and maintenance of the facilities utilized by its members and their guests, ensuring a top-notch experience at all times.

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Impact




October, 2024

Lakes Golf & Country Club Inc fosters a vibrant community atmosphere by providing exceptional recreational facilities that encourage social interaction and family engagement. Through its offerings of golf, racquet sports, swimming, and fitness amenities, the club creates a space where members can enjoy physical activity while forming lasting relationships. The clubhouse serves as a central hub for planned social events and entertainment, enhancing the sense of belonging among members. The club’s commitment to maintaining high-quality facilities ensures that all members and their guests can partake in activities that promote health, wellness, and community bonding, thereby enriching the overall quality of life in Westerville, Ohio.




This information is meant to be a general summary of Lakes Golf & Country Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$9,846,313 (2023)
Expenses
$9,110,345 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $82,057
  • Program Service Revenue: $2,166,269
  • Gross Receipts: $12,357,644

Assets and Liabilities:

  • Total Assets: $13,674,878
  • Total Liabilities: $1,800,875
  • Net Assets: $11,874,003

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GOLF OPERATIONS

Revenue

$1,195,986

FOOD & BEVERAGE OPS

Revenue

$668,194

ATHLETIC CENTER OPS

Revenue

$141,739

POOL & RACQUET SPORTS

Revenue

$131,015

MEMBER FINANCE CHARGES

Revenue

$29,335

Organization Details

Founding Year

1989

Principal Officer

James P Spragg

NTEE Category

Code: N50 - Recreation

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