Overview
What is The Institute Golf Club?
The Institute Golf Club is a nonprofit organization based in Morgan Hill, California, with a ZIP code of 95037. Established under IRC Section 501(C)(7), its primary purpose is to provide social and recreational benefits to its members. With a team of 67 dedicated individuals, the club offers various programs and activities designed for the enjoyment and relaxation of its members. While specific activities are not specified in the information, the club is committed to ensuring its members derive pleasure and recreation from its offerings. The club operates under the belief that all its programs are interconnected and contribute to enhancing the overall social and recreational experience for its members.
Is The Institute Golf Club legitimate?
The Institute Golf Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Institute Golf Club 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: $99,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,564,050
For more financial information, click here
What is the mission statement of The Institute Golf Club?
The Institute Golf Club is an exempt social club, falling under IRC Section 501(C)(7). Its primary objective is to offer social and recreational benefits to its members, and all its activities are aligned with this purpose. The club organizes and operates various programs aimed at providing pleasure and leisure opportunities for its members. These activities are designed to enhance the overall experience and satisfaction of its members, contributing to their social and recreational well-being. The club's focus is on offering a variety of programs, as detailed in Part VIII of its operations.
What is the revenue of The Institute Golf Club?
The Institute Golf Club's revenue in 2023 was $2,281,650.
Who are the executives of The Institute Golf Club and what are their salaries?
The average compensation at The Institute Golf Club during 2023 was $33,940. There are 49 employees at The Institute Golf Club.
Here are 3 key members and their salaries:
- Compensation: $99,000
- Related: $0
- Other: $0
- Compensation: $106,800
- Related: $0
- Other: $8,263
- Compensation: $100,800
- Related: $0
- Other: $23,045
Where can I find the form 990 for The Institute Golf Club?
The Institute Golf Club's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Institute Golf Club
The Institute Golf Club, an exempt social club under IRC Section 501(C)(7), is primarily dedicated to providing social and recreational benefits to its members. The organization's activities are meticulously designed and executed with the aim of offering pleasure and relaxation to its members. All the club's programs are intrinsically linked to this primary objective, which is to enhance the social and recreational experiences of its members. The Institute Golf Club offers a variety of programs, as outlined in Part VIII of its operations, catering to the diverse leisure interests of its members.
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Impact
October, 2024
The Institute Golf Club serves as a vibrant hub for social interaction and recreational enjoyment among its members in Morgan Hill, California. By organizing a variety of social and recreational programs, the club fosters a community atmosphere where individuals can connect, relax, and engage in enjoyable activities together. This focus on pleasure and recreation not only enhances the quality of life for members but also encourages a sense of belonging and camaraderie within the community. The club’s commitment to providing valuable social experiences amplifies its impact, making it an essential part of the local landscape for those seeking leisure and connection through golf and other related activities.
This information is meant to be a general summary of The Institute Golf Club. 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 2023.
- Program Service Revenue: $1,848,548
- Gross Receipts: $2,524,503
Assets and Liabilities:
- Total Assets: $603,450
- Total Liabilities: $3,726,053
- Net Assets: -$3,122,603
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,848,548
Organization Details
Founding Year
2020
Principal Officer
Jeffrey Sanchez
NTEE Category
Code: Z99 - Unknown
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