Nonprofit · EIN 59-0873777
ROYAL PALM YACHT & COUNTRY CLUB
Tax-exempt · BOCA RATON, FL 33432
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $20,807,619 | $23,881,337 | -$3,073,718 | $56,605,460 | $21,394,367 | $35,211,093 |
| December 31, 2023 | 990 | $15,700,314 | $19,673,339 | -$3,973,025 | $58,796,783 | $28,451,772 | $30,345,011 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $16,546,417
- Investment income
- -$22,456
- Net gain from sales of assets
- -$22,456
- Net income from sales of inventory
- $3,659,863
- Other revenue
- $4,283,658
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $10,328,678
- Salaries, compensation and benefits (total)
- $12,451,268
- Professional fundraising fees
- $0
- Depreciation
- $2,508,074
Balance sheet and other
- Total assets, start of year
- $58,796,783
- Total assets, end of year
- $56,605,460
- Total liabilities, end of year
- $21,394,367
- Net assets, end of year
- $35,211,093
- Land, buildings and equipment
- $42,964,709
- Net assets without donor restrictions
- $35,211,093
- Gross unrelated business income
- $612,646
- Gross receipts
- $24,223,609
- Employees
- 271
- Volunteers
- 64
- Year formed
- 1960
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROB OOSTERHUIS | GENERAL MANAGER/COO Officer | 50 | $530,872 | $35,242 |
| RAFAEL CURBELO | TENNIS DIRECTOR Highest-paid employee | 50 | $224,870 | $21,442 |
| MARK STEPHENS | GOLF COURSE SUPERINDENDENT Highest-paid employee | 50 | $232,620 | $10,078 |
| JAIME PICACHE | CFO Officer | 50 | $210,723 | $21,417 |
| MICHAEL SHANLEY | MEMBERSHIP DIRECTOR Highest-paid employee | 50 | $212,927 | $4,966 |
| SILVIA DISDERI | TENNIS DIRECTOR Highest-paid employee | 50 | $190,423 | $10,418 |
| BRIANA PESTO | ASSISTANT GENERAL MANAGER Highest-paid employee | 50 | $190,592 | $0 |
| DON TAGGART | COMMODORE Trustee or director, Officer | 8 | $0 | $0 |
| JOHN HOLTZ | VICE COMMODORE Trustee or director, Officer | 8 | $0 | $0 |
| BRETT FRAZEE | REAR COMMODORE Trustee or director, Officer | 8 | $0 | $0 |
| BEN KENNEDY | SECRETARY Trustee or director, Officer | 8 | $0 | $0 |
| FORREST HEATHCOTT | TREASURER Trustee or director, Officer | 8 | $0 | $0 |
| BRYAN GENTILE | GOVERNOR Trustee or director | 8 | $0 | $0 |
| PETE AUSTIN | GOVERNOR Trustee or director | 8 | $0 | $0 |
| DOUG FASH | GOVERNOR Trustee or director | 8 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUE COUGHLN | GOVERNOR Trustee or director | 8 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ROB OOSTERHUIS | GENERAL MANAGER/COO Officer | 50 | $454,651 | $36,158 |
| ROBERT ANDERSON | GOLF COURSE SUPERINDENDENT(THROUGH 10/23) Highest-paid employee | 50 | $224,193 | $13,552 |
| RAFAEL CURBELO | TENNIS DIRECTOR Highest-paid employee | 50 | $212,435 | $24,958 |
| JAIME PICACHE | CFO Officer | 50 | $208,316 | $23,535 |
| DONALD YOUNG | EXECUTIVE CHEF Highest-paid employee | 50 | $196,126 | $12,851 |
| MICHAEL SHANLEY | MEMBERSHIP DIRECTOR Highest-paid employee | 50 | $201,350 | $4,836 |
| PABLO CASTRO | ASSISTANT GENERAL MANAGER Highest-paid employee | 50 | $163,624 | $29,867 |
| DON TAGGART | COMMODORE Trustee or director, Officer | 8 | $0 | $0 |
| JOHN HOLTZ | REAR COMMODORE Trustee or director, Officer | 8 | $0 | $0 |
| BRETT FRAZEE | VICE COMMODORE Trustee or director, Officer | 8 | $0 | $0 |
| BEN KENNEDY | SECRETARY Trustee or director, Officer | 8 | $0 | $0 |
| FORREST HEATHCOTT | TREASURER Trustee or director, Officer | 8 | $0 | $0 |
| BRYAN GENTILE | GOVERNOR Trustee or director | 8 | $0 | $0 |
| PETE AUSTIN | GOVERNOR Trustee or director | 8 | $0 | $0 |
| DOUG FASH | GOVERNOR Trustee or director | 8 | $0 | $0 |
| SUE COUGHLN | GOVERNOR Trustee or director | 8 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2425 W MAYA PALM DR, BOCA RATON, FL 33432-7948
- Principal officer (990 for 2024)
- BEN KENNEDY, 2425 MAYA PALM DRIVE WEST, BOCA RATON, FL 33432
- Signed the 990
- SCOTT SIEGEL, TREASURER
- Phone
- (561) 395-2100
- Website
- RPYCC.ORG
- Return prepared by
- RSM US LLP
Mission
ROYAL PALM YACHT AND COUNTRY CLUB IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES.
Program accomplishments
- THE CLUB MAINTAINS A 18 HOLE GOLF COURSE, PROVIDES TENNIS FACILITIES, SOCIAL ACTIVITIES, AS WELL AS DOCKAGE AND DINING FOR ITS MEMBERS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 59-0873777
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1961
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $56,605,460
- Income (IRS master file)
- $24,223,609
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $20,807,619 | $23,881,337 | $56,605,460 | XML |
| 990 | December 2023 | $15,700,314 | $19,673,339 | $58,796,783 | XML |
| 990 | December 2022 | $17,532,677 | $20,467,545 | $43,790,846 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-0873777).
Questions about ROYAL PALM YACHT & COUNTRY CLUB
- What is the EIN of ROYAL PALM YACHT & COUNTRY CLUB?
- The employer identification number (EIN) of ROYAL PALM YACHT & COUNTRY CLUB is 59-0873777.
- Is ROYAL PALM YACHT & COUNTRY CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1961.
- Are donations to ROYAL PALM YACHT & COUNTRY CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ROYAL PALM YACHT & COUNTRY CLUB file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ROYAL PALM YACHT & COUNTRY CLUB due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROYAL PALM YACHT & COUNTRY CLUB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ROYAL PALM YACHT & COUNTRY CLUB?
- The 990 for the year ended December 31, 2024 names BEN KENNEDY.
- Who are the officers and directors of ROYAL PALM YACHT & COUNTRY CLUB?
- The 990 for the year ended December 31, 2024 lists 16 people; 7 received compensation from the organization, the highest $530,872 (ROB OOSTERHUIS, GENERAL MANAGER/COO).
- How much revenue does ROYAL PALM YACHT & COUNTRY CLUB have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $20,807,619, expenses of $23,881,337 and total assets of $56,605,460 at year end.
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