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Century Club Of San Diego

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

EIN: 952145967 ✦ La jolla, CA ✦ Designated as a 501(c)(3)

Overview

What is Century Club Of San Diego?

Century Club of San Diego is a California-based nonprofit corporation, exempt under Internal Revenue Code Section 501(c)(3), dedicated to hosting a renowned PGA TOUR event in San Diego. Established in 1961, the organization's mission is to maximize support for the local community and youth programs through this annual golf tournament. The club has been the host of San Diego's PGA TOUR event for over six decades, attracting a global audience and generating significant economic impact. With a community of over 900 volunteers primarily from the San Diego region and beyond, the tournament serves as a valuable marketing asset for the local economy, hiring over 200 vendors and attracting fans from all 50 states and 17 countries. The revenue generated is then utilized to create programs that benefit at-risk and underserved youth charities in the area.


Official website here: www.farmersinsuranceopen.com

Is Century Club Of San Diego legitimate?

Century Club Of San Diego is a legitimate nonprofit organization registered as a 501(c)(3) entity. Century Club Of San Diego 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 tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $304,802
Professional Fundraising Fees: $0
Other Salaries and Wages: $885,182

For more financial information, click here


Official website here: www.farmersinsuranceopen.com

What is the mission statement of Century Club Of San Diego?

Century Club of San Diego is a charitable organization with a mission to host a top-tier PGA TOUR event in order to provide substantial support for the local community and youth programs. Established in 1961 and recognized as a nonprofit under IRS section 503(c), the organization's primary goal is to make a positive impact through this golf event. They aim to be an influential economic force and a significant benefactor in their community, prioritizing selflessness, kindness, and passion in their actions. Their core values revolve around providing service to others and remaining dedicated and passionate in their pursuit of their vision and mission.


Official website here: www.farmersinsuranceopen.com

Who is the CEO of Century Club Of San Diego?

Martin Gorsich is the Ceo of Century Club Of San Diego. The CEO's salary of Century Club Of San Diego is $320,030 and their total compensation is $337,714.


Official website here: www.farmersinsuranceopen.com

What is the revenue of Century Club Of San Diego?

Century Club Of San Diego's revenue in 2022 was $13,615,886.


Official website here: www.farmersinsuranceopen.com

Who are the executives of Century Club Of San Diego and what are their salaries?

The average compensation at Century Club Of San Diego during 2022 was $84,999. There are 14 employees and 925 volunteers at Century Club Of San Diego.

Here are 9 key members and their salaries (Century Club Of San Diego's CEO's salary is $320,030 and their total compensation is $337,714):

    Martin Gorsich (Ceo)
  • Compensation: $320,030
  • Related: $0
  • Other: $17,684

    • Andrew Harmatys (Coo)
  • Compensation: $172,757
  • Related: $0
  • Other: $12,086

    • Jennifer Cota (Exec Vp)
  • Compensation: $102,067
  • Related: $0
  • Other: $8,768

    • Luke Pistorius (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Finkbeiner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Petson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Metz (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Posner (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.farmersinsuranceopen.com

    Where can I find the form 990 for Century Club Of San Diego?

    The Century Club Of San Diego’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.farmersinsuranceopen.com

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

    Mission Statement of Century Club Of San Diego

    Century Club of San Diego, a California-based nonprofit organization, has a mission rooted in charitable pursuits. Established in 1961 and recognized as a public benefit corporation under Internal Revenue Code Section 501(c)(3), the organization's primary goal is to host a world-class PGA TOUR event. This event serves as a platform to generate significant support for the San Diego community and local youth programs.

    Century Club's unwavering commitment to community service is evident in its efforts to make a difference. By hosting this prestigious golf tournament, the organization leverages its unique resources to drive economic growth and act as a benevolent benefactor in the region. The mission statement reflects a passionate and dedicated approach, with a clear vision to become "America's premier golf event and San Diego's greatest ambassador."

    At the core of Century Club's values are selflessness and kindness. These guiding principles have shaped the organization's culture, ensuring that its success is measured by the extent of its charitable contributions. The team behind Century Club is passionate and driven in their pursuit of this mission. Their commitment to follow-through on good intentions sets them apart, making them a valuable asset to the San Diego community.

    Impact

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




    Thursday, August 15, 2024

    The Century Club Of San Diego's impact is profound and far-reaching. Through hosting the prestigious PGA TOUR event, the Farmers Insurance Open, the club not only showcases San Diego to an international audience but also generates significant revenue for the city. By infusing millions of dollars into the local economy, hiring hundreds of vendors, and attracting fans from across the country and around the world, the Century Club plays a vital role in supporting the economic growth of San Diego.

    Moreover, the club's commitment to making a difference in the community is evident through its dedication to creating programs that benefit local at-risk and underserved youth charities. By utilizing the game of golf as a platform, the Century Club leverages its resources to maximize support for the San Diego community and youth programs, embodying its core values of service and passion.

    In essence, the Century Club Of San Diego serves as both an economic driver and a charitable benefactor, embodying its mission to host a world-class PGA TOUR event while maximizing support for the San Diego community and local youth programs.





    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: $298
  • Program Service Revenue: $10,843,238
  • Gross Receipts: $14,867,757

    • Assets and Liabilities:
  • Total Assets: $2,243,411
  • Total Liabilities: $629,513
  • Net Assets: $1,613,898
  • Programs

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

    TOURNAMENT

    Revenue

    $10,843,238

    Organization Details

    Founding Year

    1961

    Principal Officer

    Martin Gorsich

    Main Address

    9404 GENESSEE AVENUE STE 310, LA JOLLA, CA, 92037

    NTEE Category

    Code: T120 - Philanthropy

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