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Nonprofit · EIN 65-0223681

VENICE GOLF AND COUNTRY CLUB NO 1 INC

Tax-exempt · VENICE, FL 34292

Financials

$6.4M$8.3M2022$6.8M$8.6M2023$7.1M$9.1M2024
Revenue Expenses · by fiscal year end
Financials of VENICE GOLF AND COUNTRY CLUB NO 1 INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$7,067,330$9,056,155-$1,988,825$19,201,551$1,944,072$17,257,479
December 31, 2023990$6,831,592$8,590,941-$1,759,349$20,166,011$2,761,996$17,404,015
December 31, 2022990$6,431,756$8,349,889-$1,918,133$20,989,457$3,520,644$17,468,813
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$5,175,937
Investment income
$85,065
Net gain from sales of assets
-$14,781
Net income from sales of inventory
$1,708,679
Other revenue
$1,806,328

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$673,758
Other salaries and wages
$3,329,871
Salaries, compensation and benefits (total)
$4,748,433
Professional fundraising fees
$0
Legal fees
$57,055
Accounting fees
$20,104
Occupancy
$393,203
Travel
$1,544
Depreciation
$1,627,213

Balance sheet and other

Total assets, start of year
$20,166,011
Total assets, end of year
$19,201,551
Total liabilities, end of year
$1,944,072
Net assets, end of year
$17,257,479
Land, buildings and equipment
$17,093,981
Net assets without donor restrictions
$17,257,479
Gross unrelated business income
$178,885
Gross receipts
$8,188,382
Employees
207
Volunteers
0
Year formed
1990
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.

NameTitleHours / weekCompensationOther / benefits
JIM SCHELLGENERAL MANAGER - FORMER
Key employee
40$277,832$7,733
PETER CIZDZIELGENERAL MANAGER
Key employee
40$238,505$13,762
RUTHANNE SKOWRONSKICHIEF FINANCIAL OFFICER
Key employee
40$157,421$15,310
MICHAEL PASILLAEMPLOYEE
Highest-paid employee
40$143,993$20,076
ALBERT MASSAEMPLOYEE
Highest-paid employee
40$138,282$19,779
NICHOLAS FLYNNEMPLOYEE
Highest-paid employee
40$139,410$9,223
CYNDY GILCHRESTPRESIDENT
Trustee or director, Officer
2$0$0
MIKE STAMATAKOSVICE PRESIDENT
Trustee or director, Officer
2$0$0
ANDREA CAMPBELLSECRETARY
Trustee or director, Officer
2$0$0
BARB DAVIDSONTREASURER
Trustee or director, Officer
2$0$0
CHARLIE FITZPATRICKDIRECTOR
Trustee or director
2$0$0
DICK BUTENDIRECTOR
Trustee or director
2$0$0
JOE BLATTNERDIRECTOR
Trustee or director
2$0$0
TIFFANY TAYLORDIRECTOR
Trustee or director
2$0$0
TIMOTHY MADIGANDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
JIM SCHELLGENERAL MANAGER
Key employee
40$271,087$19,471
ALBERT MASSAEMPLOYEE
Highest-paid employee
40$146,972$16,871
RUTHANNE SKOWRONSKICHIEF FINANCIAL OFFICER
Key employee
40$146,797$14,872
MICHAEL PASILLAEMPLOYEE
Highest-paid employee
40$135,813$19,345
NICHOLAS FLYNNEMPLOYEE
Highest-paid employee
40$126,486$10,143
MATTHEW LEFEVEREMPLOYEE
Highest-paid employee
40$114,005$17,810
CYNDY GILCHRESTPRESIDENT
Trustee or director, Officer
2$0$0
ANDREA CAMPBELLVICE PRESIDENT
Trustee or director, Officer
2$0$0
CHRISTINE MADIGANSECRETARY
Trustee or director, Officer
2$0$0
DUNCAN MACKEENTREASURER
Trustee or director, Officer
2$0$0
CHARLIE FITZPATRICKDIRECTOR
Trustee or director
2$0$0
HERBERT ORMSBEEDIRECTOR
Trustee or director
2$0$0
JOE BLATTNERDIRECTOR
Trustee or director
2$0$0
MIKE STAMATAKOSDIRECTOR
Trustee or director
2$0$0
TIFFANY TAYLORDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2022: 13 people
NameTitleHours / weekCompensationOther / benefits
JIM SCHELLGENERAL MANAGER
Key employee
40$301,802$18,052
NICHOLAS KEARNSEMPLOYEE
Highest-paid employee
40$169,808$21,870
RUTHANNE SKOWRONSKICHIEF FINANCIAL OFFICER
Key employee
40$134,678$16,377
MICHAEL PASILLAEMPLOYEE
Highest-paid employee
40$121,917$22,277
HERBERT ORMSBEEPRESIDENT
Trustee or director, Officer
2$0$0
CYNDY GILCHRESTVICE PRESIDENT
Trustee or director, Officer
2$0$0
CHRISTINE MADIGANSECRETARY
Trustee or director, Officer
2$0$0
DUNCAN MACKEENTREASURER
Trustee or director, Officer
2$0$0
JOE BLATTNERDIRECTOR
Trustee or director
2$0$0
ANDREA CAMPBELLDIRECTOR
Trustee or director
2$0$0
CHARLIE FITZPATRICKDIRECTOR
Trustee or director
2$0$0
TIFFANY TAYLORDIRECTOR
Trustee or director
2$0$0
WIN WASSENARDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
250 VENICE GOLF CLUB DR, VENICE, FL 34292-3146
Principal officer (990 for 2024)
TIMOTHY MADIGAN, 250 VENICE GOLF CLUB DRIVE, VENICE, FL 34292
Signed the 990
TIMOTHY MADIGAN, TREASURER
Phone
(941) 492-9600
Return prepared by
SUPLEE SHEA CRAMER & MILLER PA

Mission

SOCIAL CLUB ACTIVITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CLUB PROVIDES A CLUBHOUSE, RESTAURANT, LOUNGE, AND GOLFING FACILITIES FOR APPROXIMATELY 600 MEMBERS TO PROMOTE PERSONAL CONTACT AND COMINGLING AMONG 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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
65-0223681
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$19,201,551
Income (IRS master file)
$8,188,382

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$7,067,330$9,056,155$19,201,551IRS
990December 2023$6,831,592$8,590,941$20,166,011IRS
990December 2022$6,431,756$8,349,889$20,989,457XML
990December 2021–––IRS
990December 2020–––IRS
990December 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 65-0223681).

Questions about VENICE GOLF AND COUNTRY CLUB NO 1 INC

What is the EIN of VENICE GOLF AND COUNTRY CLUB NO 1 INC?
The employer identification number (EIN) of VENICE GOLF AND COUNTRY CLUB NO 1 INC is 65-0223681.
Is VENICE GOLF AND COUNTRY CLUB NO 1 INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1999.
Are donations to VENICE GOLF AND COUNTRY CLUB NO 1 INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VENICE GOLF AND COUNTRY CLUB NO 1 INC 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 VENICE GOLF AND COUNTRY CLUB NO 1 INC 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 VENICE GOLF AND COUNTRY CLUB NO 1 INC 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 VENICE GOLF AND COUNTRY CLUB NO 1 INC?
The 990 for the year ended December 31, 2024 names TIMOTHY MADIGAN.
Who are the officers and directors of VENICE GOLF AND COUNTRY CLUB NO 1 INC?
The 990 for the year ended December 31, 2024 lists 15 people; 6 received compensation from the organization, the highest $277,832 (JIM SCHELL, GENERAL MANAGER - FORMER).
How much revenue does VENICE GOLF AND COUNTRY CLUB NO 1 INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $7,067,330, expenses of $9,056,155 and total assets of $19,201,551 at year end.

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