Island Country Club Inc

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

EIN: 592640521 ✦ Marco island, FL ✦ Designated as a 501(c)(7)

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Overview

What is Island Country Club Inc?

Island Country Club Inc, based in Marco Island, Florida, is a social club with a focus on leisure and recreation. Established with a goal of fostering camaraderie among its members, the club boasts an 18-hole golf course. In the fiscal year ending May 31, 2022, approximately 28,814 rounds of golf were played, with approximately 2,197 rounds being non-member related. The club's activities primarily revolve around dining and recreational pursuits, serving as a hub for its members to unwind and socialize. With a workforce of 155 individuals, Island Country Club Inc continues to cater to its members' leisure needs.


Official website here: www.island-countryclub.org

Is Island Country Club Inc legitimate?

Island Country Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Island Country 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: $4,218,615

For more financial information, click here


Official website here: www.island-countryclub.org

What is the mission statement of Island Country Club Inc?

The Island Country Club Inc, serving as a social club, is dedicated to fostering a sense of unity among its members. Its primary objective is to encourage social interaction, achieving this through the provision of dining and recreational activities. The club's exempt purpose is to promote pleasure and recreation, effectively binding its members together. As a result, the club offers various leisure activities, including an 18-hole golf course, attracting both members and non-members. The total number of golf rounds played for the year ending May 31, 2022, was approximately 28,814, with approximately 2,197 rounds being non-member related.


Official website here: www.island-countryclub.org

Who is the CEO of Island Country Club Inc?

William J Albanese is the Principal Officer of Island Country Club Inc.


Official website here: www.island-countryclub.org

What is the revenue of Island Country Club Inc?

Island Country Club Inc's revenue in 2022 was $8,944,670.


Official website here: www.island-countryclub.org

Who are the executives of Island Country Club Inc and what are their salaries?

The average compensation at Island Country Club Inc during 2022 was $27,217. There are 155 employees and 9 volunteers at Island Country Club Inc.


Here are 14 key members and their salaries:


Bill Albanese (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Stanojev (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Bursch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Boynton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Genirs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Scuteri (Controller)
  • Compensation: $148,675
  • Related: $0
  • Other: $17,630
Bid Bakkar (General Manager)
  • Compensation: $270,452
  • Related: $0
  • Other: $43,586
Scott Welliver (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Myers (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John James (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Appollina (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Slack (Course Superintenant)
  • Compensation: $177,073
  • Related: $0
  • Other: $24,828
Nina Lane (Fitness Director)
  • Compensation: $126,192
  • Related: $0
  • Other: $46,820
Ben Tilley (Director Of Golf)
  • Compensation: $121,518
  • Related: $0
  • Other: $22,103


Official website here: www.island-countryclub.org

Where can I find the form 990 for Island Country Club Inc?

Island Country Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.island-countryclub.org

Learn more at the official website: www.island-countryclub.org

Mission Statement of Island Country Club Inc

Island Country Club Inc, as a social club, is dedicated to fostering camaraderie among its members by offering enjoyable and recreational activities. Their primary objective is to encourage social interaction, and they accomplish this by providing dining facilities and various recreational opportunities. The club boasts a well-maintained 18-hole golf course, which serves as a popular attraction for both members and non-members alike. In the fiscal year ending May 31, 2022, a total of approximately 28,814 rounds of golf were played, with around 2,197 rounds being non-member related. This figures suggest that the club is not only popular amongst its members but also has a significant draw for non-members, further emphasizing its role in promoting social interaction and pleasure.

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Impact




October, 2024

Island Country Club Inc plays a significant role in fostering community and recreational engagement in Marco Island, FL. By uniting members with a shared interest in leisure and social activities, the club enhances local social dynamics. The facility features an 18-hole golf course, which not only serves as a venue for recreational activities but also promotes physical fitness and relaxation.

In the year ending May 31, 2022, the club facilitated approximately 28,814 rounds of golf, with nearly 2,197 rounds involving non-members. This indicates a welcoming environment that extends its offerings to the broader community, encouraging social interaction and participation in recreational pursuits.

By providing a space for dining and various recreational activities, Island Country Club Inc contributes to the overall well-being of its members, fostering friendships and creating shared experiences that enrich the social fabric of Marco Island.




This information is meant to be a general summary of Island Country 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.

Revenue
$8,944,670 (2022)
Expenses
$10,461,166 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$533,604
  • Program Service Revenue: $8,286,636
  • Gross Receipts: $10,912,899

Assets and Liabilities:

  • Total Assets: $38,889,615
  • Total Liabilities: $12,329,220
  • Net Assets: $26,560,395

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Programs

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

MEMBERSHIP DUES

Revenue

$6,064,574

GREENS & CART RENTAL FEES

Revenue

$1,113,910

JOINING FEES

Revenue

$1,007,500

LOCKER RENTALS

Revenue

$76,603

FITNESS

Revenue

$22,359

Organization Details

Founding Year

1986

Principal Officer

William J Albanese

Main Address

500 NASSAU ROAD, MARCO ISLAND, FL, 34145

NTEE Category

Code: N50 - Recreation

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