PALM501(c)(7) · CONFIRMEDNAICS 713910EIN 26-3805768

The Golf Club At Palmira Inc

Bonita Spgs, FL · founded 2009
13 filings on recordFY 20112023high confidence
FY23 Total Revenue
$7.24M
▲ 8.2% YoY
FY23 Total Expenses
$7.62M
▲ 14.7% YoY
Operating Margin
-5.3%
revenue minus expenses ÷ revenue
Employees
204
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$7.2M
▲ 26.0% / 5y
5.85.45.46.77.2
Expenses
$7.6M
▲ 30.3% / 5y
5.96.86.86.77.6
Total Assets
$20.4M
▲ 80.7% / 5y
11.317.517.519.420.4
Total Liabilities
$7.3M
▲ 258.8% / 5y
2.07.27.27.67.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$5.8M$5.4M$5.4M$6.7M$7.2M+26.0%
Expenses$5.9M$6.8M$6.8M$6.7M$7.6M+30.3%
Net surplus-$101K-$1.3M-$1.3M$45K-$382K+279.3%
Total assets$11.3M$17.5M$17.5M$19.4M$20.4M+80.7%
Total liabilities$2.0M$7.2M$7.2M$7.6M$7.3M+258.8%
Net assets$9.3M$10.3M$10.3M$11.8M$13.1M+41.6%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
MARK NENEMAN
GENERAL MANA· 40h/wk
$248,820
ROBERT VOLPE
GCM DIRECTOR· 40h/wk
$160,091
ERIK BAKER
F&B BOH DIRE· 40h/wk
$142,248
NATHAN GROCE
GOLF OP DIRE· 40h/wk
$141,794
MARY JANE CHAPPY
MEMBERSHIP D· 40h/wk
$123,768
RON COTORAKAS
F&B FOH DIRE· 40h/wk
$107,487

+ 9 unpaid officers/directors as reported (CARMEN GIGLIOTTI, CHET MURAWSKI, JAMES STEVEN STONE, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
DUES$4,938,836
TRAIL FEES$646,405
CART AND GREEN FEES$283,791
CART AND GREEN FEES$264,054
OTHER$14,108

TFounded in 2009, The Golf Club At Palmira Inc reported $7.24M of revenue for FY23, at an operating margin of -5.3%. Revenue moved up 8.2% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.

Source documents
Form 990, FY2023 · period ending Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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