Overview
What is Valley Club Of Montecito?
Valley Club of Montecito is a nonprofit organization located in Montecito, California. The primary focus of this club is to operate a country club, offering various facilities such as an 18-hole golf course, two tennis courts, a clubhouse featuring a restaurant and cocktail bar, and three rental cottages. As of June 30, 2023, the club serves a total of 394 members and their guests. The Valley Club of Montecito is dedicated to providing a forum for its members to enjoy these amenities and socialize within their community. The club's staff comprises a team of 88 individuals, ensuring the smooth operation of the facilities and excellent service for its members.
Official website here: www.valleyclub.org
Is Valley Club Of Montecito legitimate?
Valley Club Of Montecito is a legitimate nonprofit organization registered as a 501(c)(7) entity. Valley Club Of Montecito 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: $458,756
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,346,402
For more financial information, click here
Official website here: www.valleyclub.org
What is the mission statement of Valley Club Of Montecito?
The Valley Club of Montecito's mission is centered around operating an extensive country club facility. This includes managing an eighteen-hole golf course, two tennis courts, a clubhouse featuring a restaurant and cocktail bar, and three rental cottages. The club's primary objective is to cater to its 394 members and their guests, providing them with these facilities and services as of June 30, 2023. The club's operations aim to offer a well-rounded recreational experience, combining golf, tennis, and dining options, thereby fostering a community atmosphere.
Official website here: www.valleyclub.org
Who is the CEO of Valley Club Of Montecito?
Dan Mead is the General Manager of Valley Club Of Montecito.
Official website here: www.valleyclub.org
What is the revenue of Valley Club Of Montecito?
Valley Club Of Montecito's revenue in 2023 was $9,818,694.
Official website here: www.valleyclub.org
Who are the executives of Valley Club Of Montecito and what are their salaries?
The average compensation at Valley Club Of Montecito during 2023 was $43,240. There are 88 employees and 11 volunteers at Valley Club Of Montecito.
Here are 14 key members and their salaries:
- Compensation: $252,504
- Related: $0
- Other: $99,571
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $168,131
- Related: $0
- Other: $18,247
- Compensation: $119,738
- Related: $0
- Other: $14,991
Official website here: www.valleyclub.org
Where can I find the form 990 for Valley Club Of Montecito?
Valley Club Of Montecito's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.valleyclub.org
Learn more at the official website: www.valleyclub.org
Mission Statement of Valley Club Of Montecito
The Valley Club of Montecito is dedicated to the operation of a comprehensive country club facility. Its mission encompasses the management of an eighteen-hole golf course, two tennis courts, a spacious clubhouse complete with a restaurant and cocktail bar, and three rental cottages. The primary objective of this esteemed club is to provide its members and their guests with an enriching experience, catering to their recreational needs through golf and tennis activities, while also offering a dining venue and cocktail bar for socializing. As of June 30, 2023, the Valley Club of Montecito serves a membership of 394 individuals, extending its services to their guests as well.
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Impact
October, 2024
Valley Club of Montecito plays a vital role in enhancing the recreational and social landscape of Montecito, California. The club operates a well-maintained eighteen-hole golf course and two tennis courts, providing members and their guests with opportunities for physical activity and outdoor enjoyment.
The clubhouse, which features a restaurant and cocktail bar, serves as a gathering place for its 394 members, fostering a sense of community and camaraderie. Through its facilities, the Valley Club promotes not only individual well-being and fitness but also social ties among members, enriching their lives and offering a welcoming environment for relaxation and engagement.
Additionally, the presence of rental cottages expands the club's capacity to host members and visitors, encouraging a more extended stay and participation in various club activities. The Valley Club of Montecito's commitment to quality recreation contributes positively to the local economy, supports neighboring businesses, and enhances the overall quality of life in the area.
This information is meant to be a general summary of Valley Club Of Montecito. 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: $7,708
- Program Service Revenue: $7,411,870
- Gross Receipts: $10,611,308
Assets and Liabilities:
- Total Assets: $17,150,797
- Total Liabilities: $1,334,022
- Net Assets: $15,816,775
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$4,594,836
INITIATION FEES
Revenue
$2,146,000
GREEN FEES
Revenue
$320,301
GOLF CART RENTAL
Revenue
$164,146
TOURNAMENT FEES
Revenue
$116,700
Organization Details
Founding Year
1928
Phone
(805) 969-2215Principal Officer
Dan Mead
Main Address
1901 EAST VALLEY ROAD, MONTECITO, CA, 93108
Website
www.valleyclub.orgNTEE Category
Code: N50 - Recreation
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