Overview
What is West Palm Golf Community Trust Inc?
West Palm Golf Community Trust Inc is a nonprofit organization based in West Palm Beach, Florida, specifically at 7301 Georgia Ave. Their primary mission is to utilize real and personal property for charitable, scientific, literary, and educational purposes. They are currently engaged in an ambitious project, developing a golf facility that emphasizes inclusivity, community outreach, and junior golfer development programs. Construction commenced in 2021 and is expected to continue through 2022, with associated costs being capitalized during these years. The nonprofit, with a staff of 10, is dedicated to this project and its potential impact on the local community and young golfers.
Official website here: www.theparkwestpalm.com
Is West Palm Golf Community Trust Inc legitimate?
West Palm Golf Community Trust Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Palm Golf Community Trust 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: $381,825
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,362,722
For more financial information, click here
Official website here: www.theparkwestpalm.com
What is the mission statement of West Palm Golf Community Trust Inc?
West Palm Golf Community Trust Inc's mission is centered around utilizing its resources, both property and income, solely for charitable, scientific, literary, and educational purposes. This organization is committed to applying these resources exclusively towards these designated fields, working towards the betterment of various sectors. Currently, they are involved in the development of a golf facility, focusing on inclusivity, community outreach, and junior golfer development programs. Construction of this facility began in 2021 and is planned to continue through 2022, with all associated costs being capitalized during these years.
Official website here: www.theparkwestpalm.com
What is the revenue of West Palm Golf Community Trust Inc?
West Palm Golf Community Trust Inc's revenue in 2023 was $9,138,328.
Official website here: www.theparkwestpalm.com
Who are the executives of West Palm Golf Community Trust Inc and what are their salaries?
The average compensation at West Palm Golf Community Trust Inc during 2023 was $18,177. There are 206 employees and 10 volunteers at West Palm Golf Community Trust Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $381,825
- Related: $0
- Other: $44,177
- Compensation: $153,037
- Related: $0
- Other: $34,149
- Compensation: $251,398
- Related: $0
- Other: $37,846
- Compensation: $142,938
- Related: $0
- Other: $18,648
Official website here: www.theparkwestpalm.com
Where can I find the form 990 for West Palm Golf Community Trust Inc?
West Palm Golf Community Trust Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theparkwestpalm.com
Learn more at the official website: www.theparkwestpalm.com
Mission Statement of West Palm Golf Community Trust Inc
West Palm Golf Community Trust Inc, as a charitable organization, is committed to managing and utilizing real and personal property for charitable, scientific, literary, and educational purposes exclusively. The corporation's mission is to channel these resources towards the development of a golf facility that emphasizes inclusivity, community outreach, and junior golfer development programs. This project, which commenced construction in 2021 and continues through 2022, is a significant investment, with all associated costs being capitalized during these years. By focusing on these areas, West Palm Golf Community Trust Inc aims to contribute positively to the golfing community, fostering opportunities for growth and inclusion for all.
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Impact
July, 2024
West Palm Golf Community Trust Inc's impact lies in developing a golf facility dedicated to inclusivity, community outreach, and junior golfer development programs. The organization is working towards creating a space that not only promotes the sport of golf but also serves charitable, scientific, literary, and educational purposes. Through their efforts, they are contributing to the growth and accessibility of golf within the community of West Palm Beach, Florida.
This information is meant to be a general summary of West Palm Golf Community Trust 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 2023.
- Investment Income: $259
- Program Service Revenue: $3,609,599
- Gross Receipts: $9,898,985
Assets and Liabilities:
- Total Assets: $55,414,886
- Total Liabilities: $1,774,299
- Net Assets: $53,640,587
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOLF OPERATIONS
Revenue
$3,490,934
COACHING
Revenue
$118,665
Organization Details
Founding Year
2020
Principal Officer
Thomas Frankel
Website
www.theparkwestpalm.comNTEE Category
Code: N60 - Recreation
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