Overview
What is Banyan Golf Club Of Palm Beach Inc?
Banyan Golf Club of Palm Beach Inc is a nonprofit organization situated in West Palm Beach, Florida, with a primary focus on fostering social interaction among its members. The club, located at 1393 Lyons Road, offers a platform for pleasure and recreation, with an emphasis on dining and leisure activities. During the year, the club generated total revenues of $617,387, with a modest portion of $3,164 coming from non-members. The organization employs a staff of 102 individuals, further enhancing its ability to deliver its services.
Official website here: www.banyangolfclub.com
Is Banyan Golf Club Of Palm Beach Inc legitimate?
Banyan Golf Club Of Palm Beach Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Banyan Golf Club Of Palm Beach 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,203,440
For more financial information, click here
Official website here: www.banyangolfclub.com
What is the mission statement of Banyan Golf Club Of Palm Beach Inc?
The Banyan Golf Club of Palm Beach Inc., as a social club, is dedicated to fostering camaraderie among its members through leisure activities and social interaction. The club achieves this objective by offering dining and recreational facilities. The primary purpose of the club, as outlined in its mission, is to provide an enjoyable environment for its members, where they can unwind and engage in pleasurable pursuits. During the year, the restaurant and bar at the club generated revenue of $617,387, with a small portion coming from non-member sources.
Official website here: www.banyangolfclub.com
Who is the CEO of Banyan Golf Club Of Palm Beach Inc?
Robert Trow is the President of Banyan Golf Club Of Palm Beach Inc.
Official website here: www.banyangolfclub.com
What is the revenue of Banyan Golf Club Of Palm Beach Inc?
Banyan Golf Club Of Palm Beach Inc's revenue in 2022 was $7,072,889.
Official website here: www.banyangolfclub.com
Who are the executives of Banyan Golf Club Of Palm Beach Inc and what are their salaries?
The average compensation at Banyan Golf Club Of Palm Beach Inc during 2022 was $31,406. There are 102 employees and 16 volunteers at Banyan Golf Club Of Palm Beach Inc.
Here are 21 key members and their salaries:
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- Compensation: $304,420
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- Compensation: $231,725
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- Other: $9,782
- Compensation: $103,975
- Related: $0
- Other: $2,406
Official website here: www.banyangolfclub.com
Where can I find the form 990 for Banyan Golf Club Of Palm Beach Inc?
Banyan Golf Club Of Palm Beach Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.banyangolfclub.com
Learn more at the official website: www.banyangolfclub.com
Mission Statement of Banyan Golf Club Of Palm Beach Inc
Banyan Golf Club of Palm Beach Inc is a social organization with a primary objective of fostering camaraderie amongst its members. Its mission is centered around promoting social interaction within the club by offering dining and recreational activities. The club aims to bring its members together, providing them with opportunities to enjoy pleasure and leisure time. The club's revenue from its restaurant and bar operations during the year was significant, amounting to $617,387, with a small portion of $3,164 derived from non-member-related activities. This suggests that the club's offerings are not only enjoyed by its members but also attract a limited number of non-members.
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Impact
October, 2024
Banyan Golf Club of Palm Beach Inc fosters a vibrant community by binding its members together through shared recreational and social experiences. The club's activities create a platform for social interaction among its members, enhancing their overall quality of life. With total revenues of $617,387, primarily generated from its restaurant and bar, the club plays a significant role in the local economy while offering a welcoming environment for leisure and pleasure. By promoting dining and recreational activities, the club not only enriches its members' lives but also contributes to a sense of belonging within the community.
This information is meant to be a general summary of Banyan Golf Club Of Palm Beach 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7,223
- Program Service Revenue: $6,764,527
- Gross Receipts: $7,413,308
Assets and Liabilities:
- Total Assets: $12,593,212
- Total Liabilities: $6,817,642
- Net Assets: $5,775,570
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES & ASSMTS
Revenue
$5,579,528
CART RENTALS
Revenue
$748,474
GREENS FEES
Revenue
$240,465
BAG STORAGE FEES
Revenue
$99,350
LOCKER RENTALS
Revenue
$96,710
Organization Details
Founding Year
1972
Phone
(561) 793-2800Principal Officer
Robert Trow
Main Address
1393 LYONS ROAD, WEST PALM BEACH, FL, 33411
Website
www.banyangolfclub.comNTEE Category
Code: N60 - Recreation
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