Lakeside Golf Club

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

EIN: 950919720 ✦ Toluca lake, CA ✦ Designated as a 501(c)(7)

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Overview

What is Lakeside Golf Club?

Lakeside Golf Club is a nonprofit organization situated in Toluca Lake, California. With a focus on pleasure, recreation, and social benefits, the club primarily operates and maintains a golf course and clubhouse for its members. The club employs around 150 individuals, providing a vibrant community for golf enthusiasts to enjoy the sport and connect socially.


Official website here: www.lakesidegolfclub.com

Is Lakeside Golf Club legitimate?

Lakeside Golf Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lakeside 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: $445,006
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,546,016

For more financial information, click here


Official website here: www.lakesidegolfclub.com

What is the mission statement of Lakeside Golf Club?

The Lakeside Golf Club, operating as a nonprofit organization, is dedicated primarily to providing pleasure, recreation, and social benefits for its members. Its primary activities encompass the operation and maintenance of a golf course and a clubhouse, catering to the leisure and social needs of its members. The club organizes and conducts various program service activities, aimed at enhancing the enjoyment and camaraderie among its members.


Official website here: www.lakesidegolfclub.com

What is the revenue of Lakeside Golf Club?

Lakeside Golf Club's revenue in 2023 was $13,488,337.


Official website here: www.lakesidegolfclub.com

Who are the executives of Lakeside Golf Club and what are their salaries?

The average compensation at Lakeside Golf Club during 2023 was $21,573. There are 185 employees at Lakeside Golf Club.

Here are 18 key members and their salaries:


Robert Hertzing (Chief Operating Officer/Gm)
  • Compensation: $434,560
  • Related: $0
  • Other: $10,446
Michael Magnani (Superintendent)
  • Compensation: $221,228
  • Related: $0
  • Other: $7,289
Daniel Adam Cincis (Chef)
  • Compensation: $189,851
  • Related: $0
  • Other: $4,933
Kevin Bailey (Head Professional)
  • Compensation: $187,058
  • Related: $0
  • Other: $4,006
Leopold Krenn (Director Of Op)
  • Compensation: $154,698
  • Related: $0
  • Other: $4,325
Isabel Cruz (Controller)
  • Compensation: $149,722
  • Related: $0
  • Other: $3,797
Kris Coontz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Ransdell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Morris (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reggie Mcdowell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Ayoob (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Barsocchini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John M Gatti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Haber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Heyn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Strong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Walston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lakesidegolfclub.com

Where can I find the form 990 for Lakeside Golf Club?

Lakeside Golf Club's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.lakesidegolfclub.com

Learn more at the official website: www.lakesidegolfclub.com

Mission Statement of Lakeside Golf Club

Lakeside Golf Club, a nonprofit organization, is dedicated to providing pleasure, recreation, and social benefits to its members. Its primary activities revolve around operating and maintaining a golf course and a clubhouse. This club serves as a venue for its members to engage in golfing activities, socialize, and unwind. The program service activities organized by Lakeside Golf Club are designed for the enjoyment and relaxation of its members.

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Impact




October, 2024

Lakeside Golf Club significantly enhances the recreational and social landscape of Toluca Lake, CA. By providing a well-maintained golf course and clubhouse, it creates a communal space where members can engage in leisure activities, fostering connections and camaraderie. The club offers an environment dedicated to enjoyment and relaxation, contributing not only to the individual pleasure of its members but also to the vibrancy of the local community. This focus on recreation and social interaction helps to strengthen community ties while promoting an active lifestyle. Through its various activities, Lakeside Golf Club plays a vital role in enhancing the quality of life for its members and the surrounding area.




This information is meant to be a general summary of Lakeside 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.

Revenue
$13,488,337 (2023)
Expenses
$12,003,554 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $136,477
  • Program Service Revenue: $13,883,844
  • Gross Receipts: $19,557,357

Assets and Liabilities:

  • Total Assets: $19,368,711
  • Total Liabilities: $2,919,857
  • Net Assets: $16,448,854

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Programs

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

CAPITAL FUNDING FEES

Revenue

$861,961

GOLF CART RENTAL

Revenue

$418,508

GREEN FEES

Revenue

$950,976

MEMBERSHIP DUES

Revenue

$9,460,339

TRANSFER FEES

Revenue

$1,257,000

Organization Details

Founding Year

1924

Principal Officer

Kris Coontz

NTEE Category

Code: N60 - Recreation

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