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The Broken Sound Club Inc

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

EIN: 592718435 ✦ Boca raton, FL ✦ Designated as a 501(c)(7)

Overview

What is The Broken Sound Club Inc?

The Broken Sound Club Inc, a social club based in Boca Raton, Florida, with an address at 2401 Willow Springs Dr, has a mission to foster camaraderie among its members through recreational activities. With a workforce of 512 employees, the club operates and maintains two 18-hole golf courses, hosting approximately 51,851 rounds annually, of which around 43 were played by non-members. The primary objective of the club is to bring joy and relaxation to its members.


Is The Broken Sound Club Inc legitimate?

The Broken Sound Club Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Broken Sound 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: $17,888,926

For more financial information, click here


What is the mission statement of The Broken Sound Club Inc?
Who is the CEO of The Broken Sound Club Inc?
What is the revenue of The Broken Sound Club Inc?
Who are the executives of The Broken Sound Club Inc and what are their salaries?

The average compensation at The Broken Sound Club Inc during 2022 was $34,939. There are 512 employees and 10 volunteers at The Broken Sound Club Inc.

Here are 21 key members and their salaries:


Where can I find the form 990 for The Broken Sound Club Inc?

Mission Statement of The Broken Sound Club Inc

The Broken Sound Club Inc, a social club, aims to bring together its members through a shared objective focused on pleasure and recreation. The organization's mission is geared towards fostering social interaction among its members by providing dining and recreational services.

The heart of The Broken Sound Club Inc's activities lies in its maintenance and operation of two 18-hole golf courses. These courses serve as a popular venue for both members and non-members, with approximately 51,851 rounds played throughout the year, 43 of which were non-member related. The club's commitment to offering a variety of recreational opportunities helps strengthen the bond among its members, creating a vibrant and engaged community.

Impact

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




Thursday, August 15, 2024

The impact of The Broken Sound Club Inc is primarily focused on enhancing the social interaction and recreational experiences of its members. Through its two 18-hole golf courses and other amenities, the club provides opportunities for its members to connect, relax, and enjoy leisure activities together. The approximately 51,851 rounds of golf played during the year demonstrate the active engagement of members in the club's offerings. By fostering a sense of community and facilitating pleasurable experiences, The Broken Sound Club Inc plays a significant role in promoting social cohesion and recreation among its members in Boca Raton, 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: $191,705
  • Program Service Revenue: $31,811,453
  • Gross Receipts: $41,434,063

    • Assets and Liabilities:
  • Total Assets: $102,881,119
  • Total Liabilities: $48,018,268
  • Net Assets: $54,862,851
  • Programs

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

    MEMBERSHIP DUES & ASSESSMENTS

    Revenue

    $27,021,450

    GOLF OPERATIONS

    Revenue

    $2,276,717

    SPA

    Revenue

    $1,775,702

    TENNIS

    Revenue

    $590,453

    JUNIOR SPORTS ACADEMY

    Revenue

    $147,131

    Organization Details

    Founding Year

    1986

    Principal Officer

    Greg Devino

    Main Address

    2401 WILLOW SPRINGS DR, BOCA RATON, FL, 33496

    NTEE Category

    Code: N50 - Recreation

    If you are a representative of The Broken Sound 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.