Overview
What is The Broken Sound Club Inc?
The Broken Sound Club Inc, a social club based in Boca Raton, Florida, with an address at 2401 Willow Springs Dr, has a mission to foster camaraderie among its members through recreational activities. With a workforce of 512 employees, the club operates and maintains two 18-hole golf courses, hosting approximately 51,851 rounds annually, of which around 43 were played by non-members. The primary objective of the club is to bring joy and relaxation to its members.
What are the reviews and ratings of this charity?
The Broken Sound Club Inc is currently not rated by Charity Navigator. This absence of a rating is primarily because it is not a 501(c)(3) IRS-registered nonprofit, which limits eligibility for evaluation under Charity Navigator’s methodologies. This does not necessarily reflect positively or negatively on the organization but indicates lack of applicable information.
Given the organization's status, it cannot be assessed under various methodologies such as Accountability & Finance, Impact & Measurement, or Culture & Community. This reflects a broader limitation in data availability, particularly concerning revenue, expenses, and key personnel salaries, as there are no electronically-filed Form 990 records within the stipulated timeframe.
There are no user reviews available from GreatNonprofits, providing no further insights into public sentiment or qualitative feedback regarding The Broken Sound Club Inc. Lack of reviews and rating does not inherently imply negative standing but highlights an information gap for stakeholders seeking to understand more about the organization.
This AI summary has been generated from information found on Charity Navigator.
Is The Broken Sound Club Inc legitimate?
The Broken Sound Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Broken Sound 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: $17,888,926
For more financial information, click here
What is the mission statement of The Broken Sound Club Inc?
The Broken Sound Club Inc is a social organization with a primary objective of fostering camaraderie among its members. This is achieved through the provision of dining and recreational services. The club's mission is geared towards promoting social interaction within its membership. It operates two 18-hole golf courses, where approximately 51,851 rounds were played during the year, with around 43 of these being non-member related. The club's activities are geared towards enhancing the pleasure and leisure of its members.
Who is the CEO of The Broken Sound Club Inc?
Greg Devino is the Principal Officer of The Broken Sound Club Inc.
What is the revenue of The Broken Sound Club Inc?
The Broken Sound Club Inc's revenue in 2022 was $38,229,245.
Who are the executives of The Broken Sound Club Inc and what are their salaries?
The average compensation at The Broken Sound Club Inc during 2022 was $34,939. There are 512 employees and 10 volunteers at The Broken Sound Club Inc.
Here are 21 key members and their salaries:
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- Compensation: $800,415
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- Other: $114,278
- Compensation: $225,198
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- Compensation: $288,433
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- Other: $69,443
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- Other: $24,590
- Compensation: $280,764
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- Compensation: $161,383
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- Other: $8,592
- Compensation: $494,374
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- Other: $424,424
- Compensation: $166,338
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- Other: $28,790
- Compensation: $203,185
- Related: $0
- Other: $26,707
Where can I find the form 990 for The Broken Sound Club Inc?
The Broken Sound Club Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Broken Sound Club Inc
The Broken Sound Club Inc, a social club, aims to bring together its members through a shared objective focused on pleasure and recreation. The organization's mission is geared towards fostering social interaction among its members by providing dining and recreational services.
The heart of The Broken Sound Club Inc's activities lies in its maintenance and operation of two 18-hole golf courses. These courses serve as a popular venue for both members and non-members, with approximately 51,851 rounds played throughout the year, 43 of which were non-member related. The club's commitment to offering a variety of recreational opportunities helps strengthen the bond among its members, creating a vibrant and engaged community.
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Impact
October, 2024
The Broken Sound Club Inc significantly enhances the community by fostering social interaction and recreational engagement among its members. With two meticulously maintained 18-hole golf courses, the club hosts approximately 51,851 rounds of golf annually, making it a hub for both leisure and camaraderie. The focus on pleasure and recreation allows members to connect through shared interests, creating a vibrant social atmosphere. Beyond golf, the club offers dining services that further facilitate social gatherings, enriching the overall experience for its members and strengthening community ties. This blend of recreational activities not only promotes physical well-being but also nurtures lasting friendships within the Boca Raton area.
This information is meant to be a general summary of The Broken Sound 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: $191,705
- Program Service Revenue: $31,811,453
- Gross Receipts: $41,434,063
Assets and Liabilities:
- Total Assets: $102,881,119
- Total Liabilities: $48,018,268
- Net Assets: $54,862,851
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSESSMENTS
Revenue
$27,021,450
GOLF OPERATIONS
Revenue
$2,276,717
SPA
Revenue
$1,775,702
TENNIS
Revenue
$590,453
JUNIOR SPORTS ACADEMY
Revenue
$147,131
Organization Details
Founding Year
1986
Phone
(561) 241-6830Principal Officer
Greg Devino
Main Address
2401 WILLOW SPRINGS DR, BOCA RATON, FL, 33496
NTEE Category
Code: N50 - Recreation
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