Lost Tree Club Inc

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

EIN: 591556454 ✦ North palm beach, FL ✦ Designated as a 501(c)(7)

Overview

What is Lost Tree Club Inc?

Lost Tree Club Inc, located in North Palm Beach, Florida, is a nonprofit organization that caters to approximately 500 members, offering them golf and dining facilities for pleasure and recreation. The club's primary objective is to foster social interaction among its members. With a workforce of 336 employees, the Lost Tree Club provides a range of amenities to its members, promoting a sense of community and shared enjoyment.


Official website here: www.losttreeclub.com

Is Lost Tree Club Inc legitimate?

Lost Tree Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Lost Tree Club Inc 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,919,574

For more financial information, click here


Official website here: www.losttreeclub.com

What is the mission statement of Lost Tree Club Inc?

The Lost Tree Club Inc is a recreational organization with the exempt purpose of fostering social connections among its members. It achieves this goal by offering dining and recreational activities. The club, with approximately 500 members, promotes enjoyment and leisure through its facilities. Its primary focus is on providing opportunities for social interaction and pleasure among its members. The Lost Tree Club serves as a hub where individuals can unwind and engage with one another, strengthening the bonds within the community. The club's offerings of dining and recreational activities cater to the diverse interests of its members, ensuring there is something for everyone. The social atmosphere at the Lost Tree Club encourages camaraderie and a sense of belonging among its members.


Official website here: www.losttreeclub.com

Who is the CEO of Lost Tree Club Inc?

Samuel Armacost is the Principal Officer of Lost Tree Club Inc.


Official website here: www.losttreeclub.com

What is the revenue of Lost Tree Club Inc?

Lost Tree Club Inc's revenue in 2022 was $18,493,842.


Official website here: www.losttreeclub.com

Who are the executives of Lost Tree Club Inc and what are their salaries?

The average compensation at Lost Tree Club Inc during 2022 was $26,546. There are 336 employees and 13 volunteers at Lost Tree Club Inc.

Here are 19 key members and their salaries:

    Rick Bayliss (General Manager/Coo)
  • Compensation: $397,710
  • Related: $0
  • Other: $95,288

    • Brian Peaper (Director Of Golf Operation)
  • Compensation: $414,500
  • Related: $0
  • Other: $29,421

    • Brian Walsh (Executive Chef)
  • Compensation: $374,505
  • Related: $0
  • Other: $35,148

    • Charles Schaming (Golf Course Superintendent)
  • Compensation: $263,506
  • Related: $0
  • Other: $35,029

    • Ryan Barry (Clubhouse Manager)
  • Compensation: $197,374
  • Related: $0
  • Other: $37,442

    • Jonathon Goodman (Chief Financial Officer)
  • Compensation: $199,817
  • Related: $0
  • Other: $31,877

    • Samuel H Armacost (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Barnett (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Wood (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Kirmse (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russ Macdonnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Mcbride (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Goergen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Atwood Collins Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janet Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aaron Yeary (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Jaffe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Weldon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.losttreeclub.com

    Where can I find the form 990 for Lost Tree Club Inc?

    The Lost Tree Club Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.losttreeclub.com

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

    Mission Statement of Lost Tree Club Inc

    Lost Tree Club Inc, a recreational club, aims to foster a sense of community among its members by offering a variety of dining and recreational activities. The club's mission is geared towards promoting social interaction and enjoyment among its approximately 500 members. The Lost Tree Club provides its members with access to golf facilities and dining services, providing opportunities for relaxation and camaraderie. Through these offerings, the club successfully binds its members together, creating a social network centered around shared interests and leisure pursuits.

    Impact

    This information is meant to be a general summary of Lost Tree Club Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lost Tree Club Inc's impact can be seen in its mission to promote social interaction among its members through dining and recreational activities. By providing golf and dining facilities for approximately 500 members, Lost Tree Club Inc creates a space for individuals to connect, relax, and enjoy leisure activities together. This fosters a sense of community and camaraderie among its members, enhancing their overall well-being and quality of life. Through its focus on recreation and social engagement, Lost Tree Club Inc plays a vital role in enriching the lives of its members and contributing to a vibrant and connected community in North Palm Beach, FL.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-633,415
  • Program Service Revenue: $13,508,779
  • Gross Receipts: $21,954,170

    • Assets and Liabilities:
  • Total Assets: $52,074,742
  • Total Liabilities: $16,023,100
  • Net Assets: $36,051,642
  • Programs

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

    MEMBERSHIP DUES

    Revenue

    $10,855,805

    GOLF CART/GREENS FEES

    Revenue

    $1,513,616

    FITNESS CENTER

    Revenue

    $889,720

    TENNIS

    Revenue

    $249,638

    Organization Details

    Founding Year

    1974

    Principal Officer

    Samuel Armacost

    Main Address

    11520 LOST TREE WAY, NORTH PALM BEACH, FL, 33408

    NTEE Category

    Code: N50 - Recreation

    If you are a representative of Lost Tree Club Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.