Island Country Club Inc in Marco Island, Florida (FL)

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Island Country Club Inc
Employer Identification Number (EIN)592640521
Name of OrganizationIsland Country Club Inc
Address500 Nassau Rd, Marco Island, FL 34145-3620
SubsectionPleasure, Recreational, or Social Club
Ruling Date03/1987
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period05/2014
Assets$10,000,000 to $49,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$16,661,414
Amount of Income$7,885,068
Form 990 Revenue Amount$6,691,814
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Recreational, Pleasure, or Social Club


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Amount of income in 2014: $7,885,068
This organization: 

 $7,885,068
Other organizations performing similar types of work: 

 $3,264,933

Assets in 2014: $16,661,414
Island Country Club Inc: 

 $16,661,414
Other organizations performing similar types of work: 

 $4,146,183

Expenses in 2013: $6,912,669
This organization: 

 $6,912,669
Other organizations performing similar types of work: 

 $2,756,992

Income to expenses ratio in 2013: 1.1
Island Country Club Inc: 

 1.1
Other organizations performing similar types of work: 

 1.1

Number of employees in 2013: 115
This organization: 

 115
Other organizations performing similar types of work: 

 104

Employees paid over $100,000 in 2013: 2.6%
This organization: 

 2.6%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?No
Is the organization required to complete Schedule B, Schedule of Contributors?No
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?No
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?No
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?No
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?No
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?No
Did the organization maintain collections of works of art, historical treasures, or other similar assets?No
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?No
Did the organization report an amount for land, buildings, and equipment?Yes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?No
Did the organization report an amount for investments-program related that is 5% or more of its total assets?No
Did the organization report an amount for other assets that is 5% or more of its total assets?Yes
Did the organization report an amount for other liabilities?No
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?Yes
Did the organization obtain separate, independent audited financial statements for the tax year?Yes
Was the organization included in consolidated, independent audited financial statements for the tax year?No
Is the organization a school described in section 170(b)(1)(A)(ii)?No
Did the organization maintain an office, employees, or agents outside of the United States?No
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?No
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?No
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?No
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?No
Did the organization report more than $15,000 total of fundraising event gross income and contributions?No
Did the organization report more than $15,000 of gross income from gaming activities?No
Did the organization operate one or more hospital facilities?No
Did the organization attach a copy of its audited financial statements?No
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?No
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?No
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?Yes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?No
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?No
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?No
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?No
Did the organization engage in an excess benefit transaction with a disqualified person during the year?No
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?No
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?No
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?No
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?No
A family member of a current or former officer, director, trustee, or key employee?No
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?No
Did the organization receive more than $25,000 in non-cash contributions?No
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?No
Did the organization liquidate, terminate, or dissolve and cease operations?No
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?No
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?No
Was the organization related to any tax-exempt or taxable entity?No
Did the organization have a controlled entity within the meaning of section 512(b)(13)?No
Did the organization make any transfers to an exempt non-charitable related organization?No
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?No
Statements Regarding Other IRS Filings and Tax Compliance
201120122013
The number reported in Box 3 of Form 109644
The number of Forms W-2G0
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?Yes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return115
Did the organization file all required federal employment tax returns?Yes
Did the organization have unrelated business gross income of $1,000 or more during the year?YesYesYes
Has it filed a Form 990-T for this year?Yes
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?No
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?No
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?No
Did the organization file Form 8886-T?No
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?Yes
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?Yes
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?No
Did the organization notify the donor of the value of the goods or services provided?No
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?No
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?No
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?No
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?No
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?No
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?No
Did the sponsoring organization make any taxable distributions under section 4966?No
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?No
Initiation fees and capital contributions$638,192$1,481,736$1,092,798
Gross receipts for public use of club facilities $290,493$128,924$137,336
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?No
The amount of tax-exempt interest received or accrued during the year$0
Is the organization licensed to issue qualified health plans in more than one state?No
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0
The amount of reserves on hand$0
Did the organization receive any payments for indoor tanning services during the tax year?No
Has it filed a Form 720 to report these payments?No
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$529,848
Total reportable compensation from related organizations$0
Total estimated amount of other compensation from the organization and related organizations$77,183
Total number of individuals who received more than $100,000 of reportable compensation from the organization3
Total number of independent contractors who received more than $100,000 of compensation from the organization0
Statement of Revenue
201120122013
Total revenue$6,352,161$7,355,239$6,977,206
Contributions, Gifts, Grants and Other Similar Amounts$0$0$0
Program Service Revenue$4,647,037$4,836,835$4,836,428
Golf Courses and Country Clubs$4,022,846
Golf Courses and Country Clubs$738,025
Golf Courses and Country Clubs$75,557
All other program service revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$9,265$5,744$3,650
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$0$0$0
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$20,689$13,532$19,847
Gross amount from sales of assets other than inventory (Securities / Other)$0 / $141,725$0 / $15,450$0 / $20,450
Less: cost or other basis and sales expenses (Securities / Other)$0 / $121,036$0 / $1,918$0 / $603
Gain or (loss) (Securities / Other)$0 / $20,689$0 / $13,532$0 / $19,847
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$1,023,261$1,015,874$1,021,855
Gross sales of inventory, less returns and allowances$2,165,179$2,314,368$2,299,995
Less: cost of goods sold$1,141,918$1,298,494$1,278,140
Miscellaneous Revenue$651,909$1,483,254$1,095,426
Golf Courses and Country Clubs$692,500
Golf Courses and Country Clubs$400,298
Golf Courses and Country Clubs$2,268
All other revenue$360
Statement of Functional Expenses
201120122013
Total functional expenses$6,611,011$6,663,878$6,912,669
Grants and other assistance to domestic organizations and domestic governments$0
Grants and other assistance to domestic individuals$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, trustees, and key employees$0$0$0
Compensation not included above, to disqualified persons$0
Other salaries and wages$3,025,420$2,760,407$2,879,900
Pension plan accruals and contributions$0
Other employee benefits$663,987
Payroll taxes$0$273,855$292,934
Fees for services (non-employees)
Management$0
Legal$0
Accounting$0
Lobbying$0
Professional fundraising services$0$0$0
Investment management fees$0
Other$0
Advertising and promotion$0
Office expenses$0
Information technology$0
Royalties$0
Occupancy$0
Travel$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0
Conferences, conventions, and meetings$0
Interest$0
Payments to affiliates$0
Depreciation, depletion, and amortization$1,028,233
Insurance$112,814
Other expenses$702,525
Other expenses$344,294
Other expenses$214,910
Other expenses$190,664
Other expenses$482,408
Balance Sheet
201120122013
Total assets$15,329,913$15,930,944$16,424,063
Cash - non-interest-bearing$0
Savings and temporary cash investments$1,380,711
Pledges and grants receivable, net$0
Accounts receivable, net$509,143
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0
Notes and loans receivable, net$0
Inventories for sale or use$244,787
Prepaid expenses and deferred charges$138,751
Land, buildings, and equipment: cost or other basis$11,134,378
Investments - publicly traded securities$0
Investments - other securities$0
Investments - program-related$0
Intangible assets$0
Other assets$3,016,293
Total liabilities$2,382,590$2,405,760$2,447,344
Accounts payable and accrued expenses$391,994
Grants payable$0
Deferred revenue$2,055,350
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0
Total net assets or fund balances$12,947,323$13,525,184$13,976,719
Unrestricted net assets$13,976,719
Temporarily restricted net assets$0
Permanently restricted net assets$0
Capital stock or trust principal, or current funds$0
Paid-in or capital surplus, or land, building, or equipment fund$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:Not provided
Number of organizations supported0
Sum of amounts of support$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
2000200120022004200520062007
Total revenue$4,877,034$4,646,734$4,537,047$6,006,212$5,435,798$5,054,442$5,602,653
Contributions, gifts, grants, and similar amounts received$0$0$0$0$0$0$0
Contributions to donor advised funds$0$0
Direct public support$0$0$0$0$0$0$0
Indirect public support$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$1,721,186$1,295,832$1,405,772$2,482,423$2,055,626$1,023,145$1,020,697
Membership dues and assessments$2,261,597$2,431,833$2,383,020$2,563,581$2,841,138$3,322,526$3,548,820
Interest on savings and temporary cash investments$100,341$32,751$16,922$43,212$51,111$9,690$22,784
Dividends and interest from securities$0$0$0$0$0$0$0
Net rental income or (loss)$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$-12,017$-5,942$-3,174$8,589$-417,194$-223,145$-5,722
Gross amount from sales of assets other than inventory$7,084$2,574$54,480$94,450$40,500$3,900$0
Less: cost or other basis and sales expenses$19,101$8,516$57,654$85,861$457,694$227,045$5,722
Net income or (loss) from special events and activities$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$526,251$650,094$498,092$630,831$660,471$921,868$998,354
Gross sales of inventory, less returns and allowances$1,328,310$1,487,013$1,269,845$1,676,437$1,579,044$1,991,404$2,176,668
Less: cost of goods sold$802,059$836,919$771,753$1,045,606$918,573$1,069,536$1,178,314
Other revenue$279,676$242,166$236,415$277,576$244,646$358$17,720
Total expenses$5,040,870$4,903,896$4,650,500$5,166,941$5,359,347$6,303,753$6,404,956
Program services$0$0$0$0$0$0$0
Management and general$0$0$0$0$0$0$0
Fundraising$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0
Net assets or fund balances at end of year$12,413,974$12,166,812$11,964,859$12,870,396$12,974,835$14,277,224$13,813,421
Excess or (deficit) for the year$-163,836$-257,162$-113,453$839,271$76,451$-1,249,311$-802,303
Net assets or fund balances at beginning of year$12,585,810$12,413,974$12,166,812$11,937,172$12,870,396$12,974,835$14,277,224
Other changes in net assets or fund balances$-8,000$10,000$-88,500$93,953$27,988$2,551,700$338,500
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$6,404,956$0$0$0
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$2,714,737$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$423,215$0$0$0
Payroll taxes$259,554$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$0$0$0$0
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$971,558$0$0$0
Equipment rental and maintenance$21,900$0$0$0
Printing and publications$0$0$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$553$0$0$0
Depreciation, depletion, etc.$1,088,944$0$0$0
Other expenses not covered above$924,495$0$0$0
Balance Sheets
2000200120022004200520062007
Total assets$14,436,478$14,130,016$14,069,600$14,823,298$16,951,051$16,442,960$16,156,949
Cash - non-interest-bearing$0$0$0$0$0$0$0
Savings and temporary cash investments$2,533,064$2,378,024$2,845,450$3,918,947$834,205$1,221,766$1,154,930
Accounts receivable less allowance for doubtful accounts$307,719$436,428$379,303$237,911$352,988$271,085$303,222
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0
Inventories for sale or use$129,625$152,849$142,596$121,482$149,650$147,520$160,559
Prepaid expenses and deferred charges$74,135$145,584$114,914$159,097$338,653$177,442$191,026
Investments - publicly-traded securities$0$0
Investments - other securities$0$0$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0
Investments - other$0$0$0$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$11,385,366$11,013,781$10,577,112$10,358,222$15,248,206$14,491,714$14,124,279
Other assets, including program-related investments$6,569$3,350$10,225$27,639$27,349$133,433$222,933
Total liabilities$2,022,504$1,963,204$2,104,741$1,952,902$3,976,216$2,165,736$2,343,528
Accounts payable and accrued expenses$424,611$322,139$225,710$484,996$549,725$333,711$374,616
Grants payable$0$0$0$0$0$0$0
Deferred revenue$1,597,893$1,641,065$1,879,031$1,467,906$1,630,262$1,832,025$1,936,352
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$1,796,229$0$32,560
Other liabilities$0$0$0$0$0$0$0
Total liabilities and net assets/fund balances$14,436,478$14,130,016$14,069,600$14,823,298$16,951,051$16,442,960$16,156,949
Total net assets or fund balances$12,413,974$12,166,812$11,964,859$12,870,396$12,974,835$14,277,224$13,813,421
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2000200120022004200520062007
Total revenue$4,877,034$4,646,734$4,537,047$6,006,212$5,435,798$5,054,442$5,602,653
Total revenue, gains, and other support per audited financial statements$5,669,485$5,485,582$5,311,075$5,353,332$5,393,006$6,347,123$6,785,481
Other expenses$814,076$842,861$774,927$1,045,606$1,335,767$1,292,681$1,184,036
Net unrealized gains on investments$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0
Other$814,076$842,861$774,927$1,045,606$1,335,767$1,292,681$1,184,036
Other revenue$21,625$4,013$899$1,698,486$1,378,559$0$1,208
Investment expenses$0$0$0$0$0$0$0
Other$21,625$4,013$899$1,698,486$1,378,559$0$1,208
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2000200120022004200520062007
Total expenses$5,040,870$4,903,896$4,650,500$5,166,941$5,359,347$6,303,753$6,404,956
Total expenses and losses per audited financial statements$5,833,321$5,742,744$5,424,528$6,205,811$6,688,205$7,596,434$7,587,784
Other revenue$814,076$842,861$774,927$1,045,606$1,335,767$1,292,681$1,184,036
Donated services and use of facilities$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0
Other$814,076$842,861$774,927$1,045,606$1,335,767$1,292,681$1,184,036
Other expenses$21,625$4,013$899$6,736$6,909$0$1,208
Investment expenses$0$0$0$0$0$0$0
Other$21,625$4,013$899$6,736$6,909$0$1,208
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings8
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$101,000
Gross receipts for public use of club facilities$117,232
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 2006133
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$118,860$-5,722$5,489,515
Program service revenue
Program service revenue 1Golf courses and country clubs$68,46200$0$515,633
Program service revenue 2000000$000$0$192,228
Program service revenue 3000000$000$0$101,000
Program service revenue 4000000$000$0$78,927
Program service revenue 5000000$000$0$64,447
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$3,548,820
Interest on savings and temporary cash investmentsInvestment activities of section 501(c)(7), (9), or (17) organizations$22,78400$0$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Section 501(c)(7), (9), or (17) organization - Proceeds from the sale of exempt function property that was or will be timely reinvested in similar property (section 512(a)(3)(D))$-5,722$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventoryGolf courses and country clubs$27,61400$0$970,740
Other revenue000000$000$0$17,720
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
1999200020012003200420052006
Total$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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IdNameAddressStateEstablishedTotal Income
1Womans Athletic Club Of Chicago626 N Michigan Ave, Chicago, IL 60611-2807IL1944-10$7,160,394
2Westwood Country Club CoPO BOX 16459, Rocky River, OH 44116-0459OH1940-12$7,053,364
3Woodlands Club39 Woods Rd, Falmouth, ME 04105-1153ME1987-01$6,871,056
4Westchester Hills Golf Club401 Ridgeway, White Plains, NY 10605-4205NY1934-11$6,237,093
5Royal Oaks Country Club8917 Ne Fourth Plain Road, Vancouver, WA 98662-6570WA1949-02$5,941,627
6South Fork Country Club IncPO BOX 708, Amagansett, NY 11930-0708NY1961-11$4,650,855
7Smokey Cottages Association2002 Anthony Dr, Schenectady, NY 12303NY1975-05$38,080
8Colonial Coach Mobile Homeowners Association Inc138 Shore Pkwy, Tampa, FL 33615-6114FL1999-10$0
9Ebony Elite Social Saving Club1211 Steven Drive Apt4, Panama City, FL 32405FL2009-08$0
10Fun T Club Central Florida Chapter Inc16502 Spring Valley Rd, Dade City, FL 33523FL2002-09$0
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12Toastmasters International2414 Hawks Point Court, Ruskin, FL 33570FL1945-05$0
13Toastmasters International19203 Sw 60th Ct, Southwest Ranches, FL 33332FL1945-05$0
14Toastmasters International1999 Island Club Dr Apt 32, Indialantic, FL 32903FL1945-05$0
15Toastmasters International4040 W Boy Scout Blvd, Tampa, FL 33607FL1945-05$0
16Toastmasters International1119 Blackberry Circle, Baker, FL 32531FL1945-05$0
17Toastmasters International4949 Blanding Blvd, Jacksonville, FL 32210-7330FL1945-05$0
18Toastmasters International701 San Marco Blvd, Jacksonville, FL 32207-8175FL1945-05$0
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Number of organizations performing similar types of work
Alaska3
Alabama17
Arkansas11
Arizona47
California229
Colorado25
Connecticut61
District of Columbia21
Delaware15
Florida133
Georgia62
Hawaii9
Iowa26
Idaho6
Illinois116
Indiana39
Kansas20
Kentucky14
Louisiana22
Massachusetts81
Maryland57
Maine14
Michigan75
Minnesota29
Missouri42
Mississippi9
Montana2
North Carolina71
North Dakota5
Nebraska9
New Hampshire8
New Jersey72
New Mexico13
Nevada13
New York148
Ohio84
Oklahoma12
Oregon25
Pennsylvania118
Rhode Island16
South Carolina28
South Dakota3
Tennessee28
Texas122
Utah11
Virginia81
Vermont5
Washington58
Wisconsin30
West Virginia5
Wyoming5
International1
Total2,156

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