Ocean Club Of Florida Inc

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

EIN: 590970226 ✦ Ocean ridge, FL ✦ Designated as a 501(c)(7)

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Overview

What is Ocean Club Of Florida Inc?

Ocean Club of Florida Inc, located at 6849 N Ocean Blvd, Ocean Ridge, FL 33435, is a nonprofit organization dedicated to fostering camaraderie among its members. Its primary objective is pleasure and recreation, as evidenced by its operation of a clubhouse and the provision of dining and recreational activities. In the previous year, the club generated revenue from food and beverage sales, with $1,116,049 accumulated, $16,170 of which was from non-members. The organization employs a team of 114 individuals, working together to ensure the success of its recreational endeavors.

Is Ocean Club Of Florida Inc legitimate?

Ocean Club Of Florida Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Ocean Club Of Florida 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: $365,908
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,139,582

For more financial information, click here

What is the mission statement of Ocean Club Of Florida Inc?

The Ocean Club of Florida Inc., as a recreational club, is dedicated to bringing its members together through shared objectives aimed at pleasure and recreation. Its exempt purpose is to foster social interaction among members by offering dining and recreational activities. The club operates and maintains a clubhouse, providing a platform for members to engage in various social events. The club's activities are primarily focused on promoting camaraderie and enjoyment among its members.

What is the revenue of Ocean Club Of Florida Inc?

Ocean Club Of Florida Inc's revenue in 2024 was $6,107,522.

Who are the executives of Ocean Club Of Florida Inc and what are their salaries?

The average compensation at Ocean Club Of Florida Inc during 2024 was $24,514. There are 143 employees and 50 volunteers at Ocean Club Of Florida Inc.

Here are 25 key members and their salaries:


Allen Weaver (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Parriott (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Warwick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Spencer (Board Member (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Sullivan (Board Member (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Whiting (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eleanor Bierbower (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Zink (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Tammaro (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Backer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Burke (Board Member (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Parke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judi Mccarty (Board Member (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Ritter (Treasurer And Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Engel (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Ridder (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Hooper (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Lyman (Secretary And Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Burke (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Pavone (General Manager)
  • Compensation: $332,825
  • Related: $0
  • Other: $27,595
Anthony Marazita (Executive Chef)
  • Compensation: $181,640
  • Related: $0
  • Other: $11,424
Diane Pye (Controller)
  • Compensation: $161,243
  • Related: $0
  • Other: $6,456
Federick Reinmund (Tennis Pro)
  • Compensation: $170,563
  • Related: $0
  • Other: $18,562
Steven Lobdell (Asst. Gm)
  • Compensation: $104,276
  • Related: $0
  • Other: $16,052
Warren Beaudry (Facilities Director)
  • Compensation: $104,820
  • Related: $0
  • Other: $9,418
Where can I find the form 990 for Ocean Club Of Florida Inc?

Ocean Club Of Florida Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Ocean Club Of Florida Inc

Ocean Club of Florida Inc, as a recreational club, is dedicated to fostering a sense of camaraderie among its members by offering indulging dining experiences and leisure activities. The organization's primary objective is to encourage social interaction within its membership, thereby enriching their leisure time. To achieve this, Ocean Club of Florida Inc provides a variety of dining and recreational activities, serving as a hub for its members to unwind and connect. The club's financial contributions from food and beverage sales, amounting to $1,116,049, demonstrate its commitment to ensuring a delightful experience for its members, with a minimal $16,170 derived from non-member related sales.

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Impact




October, 2024

Ocean Club Of Florida Inc fosters community engagement and social interaction among its members through recreational activities and dining experiences. By operating and maintaining a clubhouse, it creates a welcoming space for members to gather, enjoy meals, and participate in various leisure activities. The organization’s focus on pleasure and recreation promotes a sense of belonging and camaraderie, enriching the lives of its members. Its significant food and beverage sales demonstrate strong participation and the importance of the communal dining experience in strengthening social ties. Ultimately, Ocean Club Of Florida Inc plays a crucial role in enhancing the quality of life for its members in Ocean Ridge, Florida.




This information is meant to be a general summary of Ocean Club Of Florida 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
$6,107,522 (2024)
Expenses
$6,936,456 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $59,269
  • Program Service Revenue: $4,257,506
  • Gross Receipts: $6,974,855

Assets and Liabilities:

  • Total Assets: $11,203,795
  • Total Liabilities: $4,151,070
  • Net Assets: $7,052,725

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Programs

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

MEMBERSHIP DUES

Revenue

$3,779,179

TENNIS COURT AND FITNESS FEES

Revenue

$267,501

CABANA AND POOL

Revenue

$193,430

GUEST FEES

Revenue

$17,396

Organization Details

Founding Year

1962

Principal Officer

Diane Pye

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