PCAL501(c)(7) · MEDIUMNAICS 713910EIN 59-0390297

Palma Ceia Golf And Country Club

Tampa, FL · founded 1945
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$15.34M
▲ 6.7% YoY
FY23 Total Expenses
$16.92M
▲ 6.2% YoY
Operating Margin
-10.3%
revenue minus expenses ÷ revenue
Employees
329
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$15.3M
▲ 26.5% / 5y
12.113.513.514.415.3
Expenses
$16.9M
▲ 27.2% / 5y
13.313.613.615.916.9
Total Assets
$29.0M
▲ 37.7% / 5y
21.126.126.127.029.0
Total Liabilities
$1.7M
▲ 27.1% / 5y
1.41.51.51.31.7

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$12.1M$13.5M$13.5M$14.4M$15.3M+26.5%
Expenses$13.3M$13.6M$13.6M$15.9M$16.9M+27.2%
Net surplus-$1.2M-$155K-$155K-$1.6M-$1.6M+34.2%
Total assets$21.1M$26.1M$26.1M$27.0M$29.0M+37.7%
Total liabilities$1.4M$1.5M$1.5M$1.3M$1.7M+27.1%
Net assets$19.7M$24.6M$24.6M$25.7M$27.3M+38.5%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
ROBERT G LEY JR
General Manager· 40h/wk
$394,228$12,231
CARSON KAMPS
Golf Course Superintendent· 40h/wk
$224,452$25,116
MORTON HODGE
Director of Golf· 40h/wk
$167,626$18,680
TOM POWELL
Executive Chef· 40h/wk
$129,001$25,116

+ 17 unpaid officers/directors as reported (ART WELSH, BRETT DIVERS, DAN W FIELDS III, +14 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
MIKOLAJ CARUCK
TAMPA, FL
TENNIS LESSONS$134,219

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBER DUES$7,750,940
GREENS FEES&CART RENTAL$1,398,980
SERVICE CHARGES$1,082,242
LOCKER RENTAL$281,323
TENNIS & SWIMMING$99,034

PFounded in 1945, Palma Ceia Golf And Country Club reported $15.34M of revenue for FY23, at an operating margin of -10.3%. Revenue moved up 6.7% 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 Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 30 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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