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Palmetto Pine Country Club Inc

Organization summary

Organization summary might be incomplete or out of date

This organization is not listed in the IRS's most recent list of tax exempt organizations, but we have data associated with this Employer Identification Number.

Type of Nonprofit

Designated as a Social and recreational clubs.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$3.12M (2020)

Expenses
$3.05M (2020)

Total Assets
$0 (2020)

Total Liabilities
$0 (2020)

Source: Form 990 tax filings from 2011 to 2020

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,122,246
Expenses
$3,052,249
Net Income
$69,997
Net Assets
$0
Notable Sources of Revenue Percent of Total Revenue
Contributions $842,705
27.0%
Program Services $2,279,541
73.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $0
Total Liabilities $0
Net Assets $0
Club or Co-Op Income
Initiation Fees & Contributions $663,740
Income From Public Use of Club Facilities $1,407,752
Compensation
Key Employees and Officers Compensation Related Other
Anthony Perillo (Director) $0 $0 $0
Derrell Gilstrap (Director) $0 $0 $0
Mark Mc Culley (Director) $0 $0 $0
Doug Thrasher (Vice President) $0 $0 $0
Gerry Karlen (Director President) $0 $0 $0
David W Gomer (Director Treasurer) $0 $0 $0
Bill Gray (Director Secretary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,715,702
Expenses
$3,017,246
Net Income
-$301,544
Net Assets
-$118,212
Notable Sources of Revenue Percent of Total Revenue
Contributions $594,099
21.9%
Program Services $2,121,603
78.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,094,541
Total Liabilities $3,212,753
Net Assets -$118,212
Club or Co-Op Income
Initiation Fees & Contributions $594,099
Income From Public Use of Club Facilities $1,298,269
Compensation
Key Employees and Officers Compensation Related Other
Gary Reynolds (Director President) $0 $0 $0
Gerry Karlen (Director Vice President) $0 $0 $0
David W Gomer (Director Treasurer) $0 $0 $0
Bill Gray (Director Secretary) $0 $0 $0
Tony Novak (Director) $0 $0 $0
Bett Lucarelli (Director) $0 $0 $0
Daryl Balerud (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,518,104
Expenses
$2,818,966
Net Income
-$300,862
Net Assets
$144,813
Notable Sources of Revenue Percent of Total Revenue
Contributions $556,399
22.1%
Program Services $1,918,801
76.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $42,904
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,175,278
Total Liabilities $3,030,465
Net Assets $144,813
Club or Co-Op Income
Initiation Fees & Contributions $556,399
Income From Public Use of Club Facilities $0
Compensation
Key Employees and Officers Compensation Related Other
Gary Reynolds (Director President) $0 $0 $0
Gerry Karlen (Director Vice President) $0 $0 $0
David W Gomer (Director Treasurer) $0 $0 $0
Bill Gray (Director Secretary) $0 $0 $0
Tony Novak (Director) $0 $0 $0
Bett Lucarelli (Director) $0 $0 $0
Daryl Balerud (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,328,867
Expenses
$2,727,377
Net Income
-$398,510
Net Assets
$405,422
Notable Sources of Revenue Percent of Total Revenue
Contributions $593,312
25.5%
Program Services $1,735,555
74.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,544,828
Total Liabilities $3,139,406
Net Assets $405,422
Club or Co-Op Income
Initiation Fees & Contributions $593,312
Income From Public Use of Club Facilities $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,401,238
Expenses
$2,727,175
Net Income
-$325,937
Net Assets
$742,587
Notable Sources of Revenue Percent of Total Revenue
Contributions $859,166
35.8%
Program Services $1,542,072
64.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,960,371
Total Liabilities $3,217,784
Net Assets $742,587
Club or Co-Op Income
Initiation Fees & Contributions $859,166
Income From Public Use of Club Facilities $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,784,388
Expenses
$3,360,877
Net Income
-$576,489
Net Assets
$977,912
Notable Sources of Revenue Percent of Total Revenue
Contributions $715,553
25.7%
Program Services $2,068,835
74.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,375,228
40.9%
Assets/Debt
Total Assets $4,336,822
Total Liabilities $3,358,910
Net Assets $977,912
Club or Co-Op Income
Initiation Fees & Contributions $11,750
Income From Public Use of Club Facilities $1,095,212

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,616,677
Expenses
$2,930,928
Net Income
-$314,251
Net Assets
$1,409,827
Notable Sources of Revenue Percent of Total Revenue
Contributions $755,064
28.9%
Program Services $1,861,613
71.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,575,022
Total Liabilities $3,165,195
Net Assets $1,409,827
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,460,007
Expenses
$2,937,332
Net Income
-$477,325
Net Assets
$1,448,338
Notable Sources of Revenue Percent of Total Revenue
Contributions $800,402
32.5%
Program Services $1,659,605
67.5%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,647,436
Total Liabilities $3,199,098
Net Assets $1,448,338
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $747,308

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,664,479
Expenses
$2,835,809
Net Income
$828,670
Net Assets
$1,753,760
Notable Sources of Revenue Percent of Total Revenue
Contributions $805,083
22.0%
Program Services $1,637,923
44.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,221,473
33.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,868,034
Total Liabilities $3,114,274
Net Assets $1,753,760
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $779,932

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,516,203
Expenses
$2,800,020
Net Income
-$283,817
Net Assets
$847,789
Notable Sources of Revenue Percent of Total Revenue
Contributions $934,838
37.2%
Program Services $1,581,365
62.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,025,870
Total Liabilities $4,178,081
Net Assets $847,789
Club or Co-Op Income
Initiation Fees & Contributions $0
Income From Public Use of Club Facilities $725,676

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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