Palos Verdes Golf Club

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

EIN: 951959280 ✦ Palos verdes estates, CA ✦ Designated as a 501(c)(7)

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Overview

What is Palos Verdes Golf Club?

Palos Verdes Golf Club is a private golf and country club situated at 3301 VIA CAMPESINA, Palos Verdes Estates, CA 90274. With a workforce of 152 employees, the club is dedicated to providing a enjoyable and recreational experience for its members. The club operates in compliance with a concession agreement with the City of Palos Verdes Estates, offering public access to its facilities as well. The primary goal of the club is to organize and manage activities for the pleasure and social benefit of its members.


Official website here: www.pvgc.com

Is Palos Verdes Golf Club legitimate?

Palos Verdes Golf Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Palos Verdes 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: $406,628
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,146,285

For more financial information, click here


Official website here: www.pvgc.com

What is the mission statement of Palos Verdes Golf Club?

The Palos Verdes Golf Club's mission is centered around operating and maintaining a golf club, providing enjoyment for both its members and the public. This is done in accordance with a concession agreement with the City of Palos Verdes Estates. The club's primary goal is to organize and manage various programs and activities, aiming to provide pleasure, recreation, and social benefits for its members.


Official website here: www.pvgc.com

What is the revenue of Palos Verdes Golf Club?

Palos Verdes Golf Club's revenue in 2023 was $12,565,735.


Official website here: www.pvgc.com

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

The average compensation at Palos Verdes Golf Club during 2023 was $22,922. There are 155 employees at Palos Verdes Golf Club.

Here are 15 key members and their salaries:


Steve Lopes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Yang (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Francisco (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolbeth Cozen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Barry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Finnegan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Ninnis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Stocke (General Manager)
  • Compensation: $349,986
  • Related: $0
  • Other: $56,642
Brianna Acosta-Badel (Membership Director)
  • Compensation: $157,771
  • Related: $0
  • Other: $14,749
James Gormley (Dir. Of Golf)
  • Compensation: $233,891
  • Related: $0
  • Other: $30,198
Garrett Yokoyama (Executive Chef)
  • Compensation: $188,309
  • Related: $0
  • Other: $41,676
Steven Manriquez (Golf Superintenden)
  • Compensation: $191,004
  • Related: $0
  • Other: $25,217
David Schreiner (Controller)
  • Compensation: $156,939
  • Related: $0
  • Other: $23,873


Official website here: www.pvgc.com

Where can I find the form 990 for Palos Verdes Golf Club?

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


Official website here: www.pvgc.com

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

Mission Statement of Palos Verdes Golf Club

Palos Verdes Golf Club, as a private establishment, is dedicated to operating and maintaining a golf club that caters to both its members and the general public. This mission is carried out in compliance with a concession agreement it has with the City of Palos Verdes Estates. The club's activities are primarily designed for the pleasure, recreation, and social benefit of its members. These programs and services are meticulously organized and managed to ensure a delightful experience for all who visit.

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Impact




October, 2024

Palos Verdes Golf Club plays a significant role in enhancing the recreational and social fabric of the community in Palos Verdes Estates and beyond. By providing a well-maintained private golf and country club, it fosters a space for leisure, enjoyment, and social interaction among its members and visiting guests. The club's commitment to operating in compliance with its concession agreement with the City of Palos Verdes Estates ensures that it contributes positively to the local community, facilitating public enjoyment while also supporting local initiatives.

Through organized activities and events, Palos Verdes Golf Club not only promotes the sport of golf but also creates opportunities for community bonding and engagement. Its environment encourages people of all ages to embrace outdoor recreation, fostering a healthy lifestyle and enhancing the quality of life for both members and visitors. The club stands as a cornerstone for recreation in the area, reinforcing the importance of social connections and shared experiences in a beautiful, natural setting.




This information is meant to be a general summary of Palos Verdes 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
$12,565,735 (2023)
Expenses
$11,512,367 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $345,036
  • Program Service Revenue: $11,370,037
  • Gross Receipts: $18,521,448

Assets and Liabilities:

  • Total Assets: $25,674,082
  • Total Liabilities: $2,583,545
  • Net Assets: $23,090,537

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Programs

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

MEMBERSHIP DUES

Revenue

$6,760,110

INITIATION FEES

Revenue

$2,108,140

GREEN FEES

Revenue

$914,045

CAPITAL FUNDING FEE

Revenue

$799,135

GOLF ACTIVITIES

Revenue

$454,270

Organization Details

Founding Year

1924

Principal Officer

Steve Lopes

NTEE Category

Code: N50 - Recreation

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