Overview
What is The Reserve Club?
The Reserve Club is a nonprofit organization situated in Indian Wells, California. With a workforce of 154 individuals, its primary purpose is to provide a location where its members can relax and engage in recreational activities. The club offers a setting that caters to its members' leisure interests, acting as a hub for their enjoyment.
Is The Reserve Club legitimate?
The Reserve Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Reserve Club 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,334,920
For more financial information, click here
What is the mission statement of The Reserve Club?
The Reserve Club's mission is to offer a venue where its members can unwind and indulge in their club experiences. This is achieved by providing a suitable setting for their leisure and enjoyment. The club is committed to creating an atmosphere that allows its members to relax and make the most of their club membership. The primary goal is to cater to the recreational needs of its members, offering them a place to unwind and enjoy their club activities.
Who is the CEO of The Reserve Club?
P Palmedo is the Pres of The Reserve Club. The CEO's salary of The Reserve Club is $0 and their total compensation is $0.
What is the revenue of The Reserve Club?
The Reserve Club's revenue in 2022 was $11,504,948.
Who are the executives of The Reserve Club and what are their salaries?
The average compensation at The Reserve Club during 2022 was $28,149. There are 154 employees at The Reserve Club.
Here are 14 key members and their salaries (The Reserve Club's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for The Reserve Club?
The Reserve Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Reserve Club
The Reserve Club, as an organization, is dedicated to providing a setting where its members can relax and enjoy their club membership. Its mission is to create an environment that caters to the recreational needs and desires of its members. This involves offering a space where they can unwind and make the most of their club membership.
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Impact
October, 2024
The Reserve Club significantly enhances the quality of life for its members by offering a dedicated venue for recreation and enjoyment in Indian Wells, CA. By providing a space where members can gather and enjoy various activities, The Reserve Club fosters a sense of community and belonging. This environment encourages members to engage in social interactions, participate in physical activities, and unwind, ultimately contributing to their overall well-being. The club becomes a central hub for leisure, promoting a lifestyle centered around health, relaxation, and camaraderie among its members.
This information is meant to be a general summary of The Reserve Club. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,550
- Program Service Revenue: $10,473,640
- Gross Receipts: $13,332,885
Assets and Liabilities:
- Total Assets: $34,073,489
- Total Liabilities: $7,090,568
- Net Assets: $26,982,921
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DUES & ADMISSIONS
Revenue
$9,701,408
GOLF RELATED
Revenue
$482,932
RESALE OFFICE
Revenue
$289,300
Organization Details
Founding Year
1998
Phone
(760) 674-2266Principal Officer
P Palmedo
Main Address
49-400 DESERT BUTTE TRAIL, INDIAN WELLS, CA, 92210
NTEE Category
Code: N50 - Recreation
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