Overview
What is Forest Lake Club?
Forest Lake Club is a nonprofit organization situated in Columbia, South Carolina. Its primary mission is to offer exceptional dining experiences to its members and their guests. This includes daily meals in the dining room, special events, and a bar and grill, as well as hosting events like banquets and weddings throughout the year. The club also boasts a bar and grill for members and guests while they enjoy a round of golf. With a staff of 277 individuals, Forest Lake Club is dedicated to providing its members and guests with top-notch facilities. Its exempt purpose is to establish and maintain these facilities for their enjoyment.
Is Forest Lake Club legitimate?
Forest Lake Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Forest Lake 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: $5,058,177
For more financial information, click here
What is the mission statement of Forest Lake Club?
The Forest Lake Club's mission is centered around establishing and maintaining outstanding club facilities for its members and guests. The primary objective of the organization is to provide an exceptional dining experience to its members and their guests. This is achieved through the revenue generated from meals served in the dining room, special events, the bar and grill. The club offers lunch and dinner every day of the week, except Mondays, and hosts Sunday brunch each week. Additionally, the club organizes special events such as banquets and weddings throughout the year. The Forest Lake Club also features a bar and grill, offering refreshments to members and guests while they enjoy a round of golf.
What is the revenue of Forest Lake Club?
Forest Lake Club's revenue in 2024 was $13,839,780.
Who are the executives of Forest Lake Club and what are their salaries?
The average compensation at Forest Lake Club during 2024 was $16,805. There are 301 employees at Forest Lake Club.
Here are 9 key members and their salaries:
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- Compensation: $226,192
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Where can I find the form 990 for Forest Lake Club?
Forest Lake Club's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Forest Lake Club
Forest Lake Club, as an organization, is dedicated to establishing and maintaining top-notch facilities for its members and guests. Its mission, in essence, revolves around providing an exceptional experience for its members and their companions. This is achieved through various means, including offering a delightful dining experience. The club's dining revenue is primarily sourced from meals served in the dining room, special events, and the bar and grill. Forest Lake Club serves lunch and dinner every day except Monday, and hosts Sunday brunch each week. Additionally, the club organizes special events such as banquets and weddings throughout the year. Furthermore, the establishment has a bar and grill, catering to its members and guests while they enjoy a round of golf.
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Impact
October, 2024
Forest Lake Club significantly enhances the community by providing a welcoming space for members and their guests to engage in recreational, dining, and social activities. By establishing and maintaining high-quality club facilities, it fosters a sense of belonging and camaraderie among its members.
The club's dining services, featuring daily meals and Sunday brunch, contribute to a vibrant culinary experience that strengthens social connections. Special events, including banquets and weddings, create memorable occasions for families and friends, enriching the community's cultural fabric.
Moreover, the club’s bar and grill offers a relaxed environment for members to unwind, especially after a round of golf, promoting a lifestyle centered around recreation and leisure. This comprehensive approach not only supports individual well-being but also encourages community engagement and interaction among residents of Columbia, SC.
This information is meant to be a general summary of Forest Lake 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 2024.
- Investment Income: $80,923
- Program Service Revenue: $5,093,613
- Gross Receipts: $13,839,780
Assets and Liabilities:
- Total Assets: $17,782,694
- Total Liabilities: $5,840,799
- Net Assets: $11,941,895
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DINING ROOM,BAR,SNACK
Revenue
$2,641,614
GOLF, TENNIS, POOL
Revenue
$1,413,881
LAKESIDE GRILLE
Revenue
$1,038,118
Organization Details
Founding Year
1926
Principal Officer
Barbara Jackson
NTEE Category
Code: N50 - Recreation
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