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Nonprofit · EIN 66-0421076

PUNTA BORINQUEN GOLF AND COUNTRY CLUB INC

Tax-exempt · AGUADILLA, PR 00603

Financials

$1.1M$1.1M2023$1.3M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of PUNTA BORINQUEN GOLF AND COUNTRY CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,263,944$1,327,980-$64,036$717,644$278,954$438,690
December 31, 2023990$1,090,479$1,062,098$28,381$811,740$309,015$502,725
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,263,944
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$511,843
Salaries, compensation and benefits (total)
$570,647
Professional fundraising fees
$0
Legal fees
$21,136
Accounting fees
$6,196
Depreciation
$96,385
Program services (functional)
$1,327,980

Balance sheet and other

Total assets, start of year
$811,740
Total assets, end of year
$717,644
Total liabilities, end of year
$278,954
Net assets, end of year
$438,690
Land, buildings and equipment
$466,922
Net assets without donor restrictions
$438,690
Gross receipts
$1,263,944
Employees
49
Volunteers
7
Year formed
1986
State of legal domicile
PR

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 / weekCompensation
ISRAEL FLORESPRESIDENT
Officer
15$0
RAFAEL MOLINAVICEPRESIDENT
Officer
10$0
ANTONIO J SISCOSECRETARY
Officer
15$0
JUAN C ROSARIOTREASURER
Officer
15$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
RAFAEL SANCHEZPRESIDENT
Officer
15$0
ISRAEL FLORESVICEPRESIDENT
Officer
10$0
JOSE LOPEZSECRETARY
Officer
15$0
ELADIO PEREZTREASURER
Officer
15$0

Address and contacts

Address (IRS master file)
300 GOLF ROAD RAMEY BASE, AGUADILLA, PR 00603-0000
Principal officer (990 for 2024)
ISRAEL FLORES, CALLE GOLF BASE RAMEY, AGUADILLA, PR 00604
Signed the 990
ISRAEL FLORES, PRESIDENT
Phone
(787) 890-2987
Return prepared by
IDALIA PEREZ TORRES CPA

Mission

The mission of this nonprofit organization shall be to organize, develop and sponsor golf in the Western area of Puerto Rico. Working together as a team, the Punta Borinquen Golf & Country Club Directors and staff will strive to provide superior customer service standards with respect to course conditions, golf shop services, player development programs, affordability, and food and beverage service. The course will be operated in an environmentally conscious manner and will aspire to be known as the first course to consider when deciding where to play.

990 for the year ended December 31, 2024

Program accomplishments

  • In 2024, we provide the community with recreational facilities promoting health and wellness to citizens of the island, business, community organizations and visitors.
    Expenses $1,145,362 · revenue $853,970
  • In 2024 we provide dining facilities and mercandise was sold for the benefit of our visitors. This includes food and beverages services, equipment rental and golf instruction services.
    Expenses $170,647 · revenue $321,521
  • In 2024 we provide clinics, tournaments, Summer camps for children and women's golf day.
    Expenses $11,971 · revenue $88,724

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
66-0421076
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$717,644
Income (IRS master file)
$1,263,944

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,263,944$1,327,980$717,644XML
990December 2023$1,090,479$1,062,098$811,740XML
990December 2022$997,410$945,427$616,381IRS
990December 2021–––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 66-0421076).

Questions about PUNTA BORINQUEN GOLF AND COUNTRY CLUB INC

What is the EIN of PUNTA BORINQUEN GOLF AND COUNTRY CLUB INC?
The employer identification number (EIN) of PUNTA BORINQUEN GOLF AND COUNTRY CLUB INC is 66-0421076.
Is PUNTA BORINQUEN GOLF AND COUNTRY CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to PUNTA BORINQUEN GOLF AND COUNTRY CLUB INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PUNTA BORINQUEN GOLF AND COUNTRY CLUB 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 PUNTA BORINQUEN GOLF AND COUNTRY CLUB 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 PUNTA BORINQUEN GOLF AND COUNTRY CLUB 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 PUNTA BORINQUEN GOLF AND COUNTRY CLUB INC?
The 990 for the year ended December 31, 2024 names ISRAEL FLORES.
Who are the officers and directors of PUNTA BORINQUEN GOLF AND COUNTRY CLUB INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does PUNTA BORINQUEN GOLF AND COUNTRY CLUB INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,263,944, expenses of $1,327,980 and total assets of $717,644 at year end.

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