Nonprofit · EIN 59-0604728
PANAMA COUNTRY CLUB INC
Tax-exempt · LYNN HAVEN, FL 32444
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,603,192 | $3,414,283 | $188,909 | $1,653,473 | $1,642,593 | $10,880 |
| December 31, 2024 | 990 | $3,252,033 | $3,116,469 | $135,564 | $1,555,476 | $1,723,710 | -$168,234 |
| December 31, 2023 | 990 | $2,873,924 | $2,757,117 | $116,807 | $1,595,527 | $1,961,089 | -$365,562 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $3,597,951
- Investment income
- $5,241
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,189,013
- Salaries, compensation and benefits (total)
- $1,322,231
- Professional fundraising fees
- $0
- Depreciation
- $278,962
Balance sheet and other
- Total assets, start of year
- $1,555,476
- Total assets, end of year
- $1,653,473
- Total liabilities, end of year
- $1,642,593
- Net assets, end of year
- $10,880
- Land, buildings and equipment
- $768,551
- Gross unrelated business income
- $279,975
- Gross receipts
- $3,603,192
- Employees
- 68
- Year formed
- 1949
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAY HANCOCK | PRESIDENT Officer | – | $0 |
| SID TAYLOR | VICE PRESIDE Officer | – | $0 |
| JOEY GINN | TREASURER Officer | – | $0 |
| TONY PETITTI | SECRETARY Officer | – | $0 |
| LARRY ARNOLD | BOARD DIRECT Trustee or director | – | $0 |
| TIM BROCK | BOARD DIRECT Trustee or director | – | $0 |
| ANDREW ROWELL | BOARD MEMBER Trustee or director | – | $0 |
| WAYNE LINDSEY | BOARD MEMBER Trustee or director | – | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAY HANCOCK | PRESIDENT Officer | – | $0 |
| MIKE WALSINGHAM | VICE PRESIDE Officer | – | $0 |
| JOEY GINN | TREASURER Officer | – | $0 |
| TONY PETITTI | SECRETARY Officer | – | $0 |
| LARRY ARNOLD | BOARD DIRECT Trustee or director | – | $0 |
| ROB MADDOX | BOARD DIRECT Trustee or director | – | $0 |
| SID TAYLOR | BOARD MEMBER Trustee or director | – | $0 |
| WAYNE LINDSEY | BOARD MEMBER Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAY HANCOCK | PRESIDENT Officer | 1 | $0 |
| MIKE WALSINGHAM | VICE PRESIDE Officer | 1 | $0 |
| JOEY GINN | TREASURER Officer | 1 | $0 |
| TONY PETITTI | SECRETARY Officer | 1 | $0 |
| LARRY ARNOLD | BOARD DIRECT Trustee or director | 1 | $0 |
| ROB MADDOX | BOARD DIRECT Trustee or director | 1 | $0 |
| SID TAYLOR | BOARD MEMBER Trustee or director | 1 | $0 |
| WAYNE LINDSEY | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 100 COUNTRY CLUB DR, LYNN HAVEN, FL 32444-1972
- Principal officer (990 for 2025)
- JAY HANCOCK, 1605 COUNTRY CLUB DRIVE, LYNN HAVEN, FL 32444
- Signed the 990
- JAY HANCOCK, PRESIDENT
- Phone
- (850) 265-3055
- Website
- PANAMACOUNTRYCLUB.COM
- Return prepared by
- TIPTON MARLER GARNER & CHASTAIN
Mission
TO PROVIDE A GOLF AND SOCIAL CLUB FOR MEMBERS AND THEIR GUESTS.
Program accomplishments
- OPERATION AND MAINTENANCE OF A GOLF COURSE FOR ITS MEMBERS.
- OPERATION AND MAINTENANCE OF A RESTAURANT AND LOUNGE FOR ITS MEMBERS.
- ACCOMPLISHED THE OPERATION & MAINTENANCE OF A RESTAURANT, LOUNGE AND GOLF COURSE 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 | 990 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
- 59-0604728
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1965
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N51Z)
- Assets (IRS master file)
- $1,653,473
- Income (IRS master file)
- $3,603,192
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,603,192 | $3,414,283 | $1,653,473 | XML |
| 990 | December 2024 | $3,252,033 | $3,116,469 | $1,555,476 | IRS |
| 990 | December 2023 | $2,873,924 | $2,757,117 | $1,595,527 | XML |
| 990 | December 2022 | $2,673,176 | $2,640,745 | $1,477,464 | IRS |
| 990 | December 2021 | $2,059,223 | $1,879,086 | $3,239,517 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 59-0604728).
Questions about PANAMA COUNTRY CLUB INC
- What is the EIN of PANAMA COUNTRY CLUB INC?
- The employer identification number (EIN) of PANAMA COUNTRY CLUB INC is 59-0604728.
- Is PANAMA COUNTRY CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1965.
- Are donations to PANAMA COUNTRY CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PANAMA 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 PANAMA COUNTRY CLUB INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PANAMA COUNTRY CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PANAMA COUNTRY CLUB INC?
- The 990 for the year ended December 31, 2025 names JAY HANCOCK.
- Who are the officers and directors of PANAMA COUNTRY CLUB INC?
- The 990 for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does PANAMA COUNTRY CLUB INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,603,192, expenses of $3,414,283 and total assets of $1,653,473 at year end.
Other nonprofits in LYNN HAVEN
- PYFA-STORM EIN 47-2854168 · last filed 990-EZ for 2025
- GULF COAST SPORTFISHING CLUB INC EIN 33-3805251 · last filed 990-EZ for 2025
- SUNSHINE STATE CORVETTES INC EIN 82-2299165 · last filed 990-N for 2025
- PC DIVE CLUB INC EIN 46-4934592 · last filed 990-N for 2025
- SOUTHPORT YOUTH SPORTS ASSOCIATION EIN 47-3215737 · last filed 990-N for 2024
- BAY COUNTY YOUTH ATHLETICS INC EIN 33-1457774 · last filed 990-N for 2025
- PANHANDLE GUN CLUB EIN 27-1628459 · last filed 990-N for 2025
- EMERALD COAST CORVETTE CLUB INC EIN 04-3622378 · last filed 990-N for 2025
All nonprofits in LYNN HAVEN · Florida · Recreation and sports