Overview
What is Lost Tree Club Inc?
Lost Tree Club Inc, located in North Palm Beach, Florida, is a nonprofit organization that caters to approximately 500 members, offering them golf and dining facilities for pleasure and recreation. The club's primary objective is to foster social interaction among its members. With a workforce of 336 employees, the Lost Tree Club provides a range of amenities to its members, promoting a sense of community and shared enjoyment.
Official website here: www.losttreeclub.com
What are the reviews and ratings of this charity?
Lost Tree Club Inc is not currently rated by Charity Navigator as it is not a 501(c)(3) IRS registered nonprofit. Charity Navigator ratings are often based on beacon scores like Accountability & Finance and Impact & Measurement, which are inapplicable to Lost Tree Club Inc due to its non-501(c)(3) status. Thus, the absence of a rating doesn't suggest a positive or negative assessment.
Historically, non-ratings or limited evaluations primarily reflect the organization's inability to meet Charity Navigator's criteria, such as those focusing on financial accountability. This reflects not a failure to meet standards but rather an organizational structure that does not conform to 501(c)(3) guidelines. Without available data on revenue, expenses, or key personnel salaries, further evaluation is restricted.
No user reviews from GreatNonprofits are available, providing no additional subjective insights into the organization's operations or impact from public perspectives. Therefore, while Lost Tree Club Inc may operate as an independent organization, its specific contributions or shortcomings remain undocumented through these platforms.
This AI summary has been generated from information found on Charity Navigator.
Is Lost Tree Club Inc legitimate?
Lost Tree Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lost Tree 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,919,574
For more financial information, click here
Official website here: www.losttreeclub.com
What is the mission statement of Lost Tree Club Inc?
The Lost Tree Club Inc is a recreational organization with the exempt purpose of fostering social connections among its members. It achieves this goal by offering dining and recreational activities. The club, with approximately 500 members, promotes enjoyment and leisure through its facilities. Its primary focus is on providing opportunities for social interaction and pleasure among its members. The Lost Tree Club serves as a hub where individuals can unwind and engage with one another, strengthening the bonds within the community. The club's offerings of dining and recreational activities cater to the diverse interests of its members, ensuring there is something for everyone. The social atmosphere at the Lost Tree Club encourages camaraderie and a sense of belonging among its members.
Official website here: www.losttreeclub.com
Who is the CEO of Lost Tree Club Inc?
Samuel Armacost is the Principal Officer of Lost Tree Club Inc.
Official website here: www.losttreeclub.com
What is the revenue of Lost Tree Club Inc?
Lost Tree Club Inc's revenue in 2022 was $18,493,842.
Official website here: www.losttreeclub.com
Who are the executives of Lost Tree Club Inc and what are their salaries?
The average compensation at Lost Tree Club Inc during 2022 was $26,546. There are 336 employees and 13 volunteers at Lost Tree Club Inc.
Here are 19 key members and their salaries:
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- Compensation: $199,817
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- Other: $31,877
- Compensation: $397,710
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- Other: $95,288
- Compensation: $414,500
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- Other: $29,421
- Compensation: $374,505
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- Other: $35,148
- Compensation: $197,374
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- Other: $37,442
- Compensation: $263,506
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- Other: $35,029
Official website here: www.losttreeclub.com
Where can I find the form 990 for Lost Tree Club Inc?
Lost Tree Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.losttreeclub.com
Learn more at the official website: www.losttreeclub.com
Mission Statement of Lost Tree Club Inc
Lost Tree Club Inc, a recreational club, aims to foster a sense of community among its members by offering a variety of dining and recreational activities. The club's mission is geared towards promoting social interaction and enjoyment among its approximately 500 members. The Lost Tree Club provides its members with access to golf facilities and dining services, providing opportunities for relaxation and camaraderie. Through these offerings, the club successfully binds its members together, creating a social network centered around shared interests and leisure pursuits.
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Impact
October, 2024
Lost Tree Club Inc fosters a strong sense of community among its approximately 500 members by creating a space centered around pleasure and recreation. By providing premier golf and dining facilities, the club promotes social interaction and camaraderie, allowing members to build lasting relationships. This focus on recreation enhances the overall quality of life for its members, offering them opportunities for relaxation and enjoyment in a beautiful setting. The club serves as a vital hub for social engagement, enriching the lives of its members through shared experiences and leisure activities.
This information is meant to be a general summary of Lost Tree 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$633,415
- Program Service Revenue: $13,508,779
- Gross Receipts: $21,954,170
Assets and Liabilities:
- Total Assets: $52,074,742
- Total Liabilities: $16,023,100
- Net Assets: $36,051,642
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$10,855,805
GOLF CART/GREENS FEES
Revenue
$1,513,616
FITNESS CENTER
Revenue
$889,720
TENNIS
Revenue
$249,638
Organization Details
Founding Year
1974
Phone
(561) 626-1501Principal Officer
Samuel Armacost
Main Address
11520 LOST TREE WAY, NORTH PALM BEACH, FL, 33408
Website
www.losttreeclub.comNTEE Category
Code: N50 - Recreation
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