| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $6.2M | $6.8M | $6.8M | $7.4M | $8.1M | +32.1% |
| Expenses | $6.8M | $7.5M | $7.5M | $8.7M | $9.4M | +38.6% |
| Net surplus | -$663K | -$695K | -$695K | -$1.3M | -$1.3M | +99.9% |
| Total assets | $15.8M | $18.9M | $18.9M | $20.4M | $23.1M | +46.3% |
| Total liabilities | $4.6M | $5.7M | $5.7M | $6.6M | $6.8M | +45.7% |
| Net assets | $11.1M | $13.2M | $13.2M | $13.8M | $16.3M | +46.5% |
| Officer · Employee | Reportable | Other |
|---|---|---|
JOSEPH PANTALEO Golf Course Superintendent· 50h/wk | $296,693 | $9,621 |
JOSEPH C SPADAFORA General Manager· 50h/wk | $208,886 | $8,677 |
JUSTIN THOMPSON Head Golf Professional· 50h/wk | $203,549 | $9,681 |
NICK MORFOGEN Executive Chef· 50h/wk | $150,818 | $33,593 |
+ 9 unpaid officers/directors as reported (ALAN W LEFEVRE, ANTHONY KNAPP, CHRIS LANGE, +6 more)
| Vendor | Service | Paid |
|---|---|---|
CLEAR SPAN STRUCTURES RIVIERA BEACH, FL | GOLF MAINTENANCE SHOP RENOVATION | $504,114 |
SOUTH FLORIDA GOLF RENOVATIONS LLC PALM BEACH GARDENS, FL | GOLF COURSE RENOVATIONS | $241,439 |
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $5,763,294 |
| CART FEES | $662,112 |
| GREEN FEES | $564,330 |
| BAG STORAGE | $143,100 |
| LOCKER FEES | $80,750 |
PFounded in 1970, Pine Tree Golf Club Inc reported $8.12M of revenue for FY23, at an operating margin of -16.3%. Revenue moved up 9.2% 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.