Nonprofit · EIN 59-0706084
PALM BEACH COUNTRY CLUB
Tax-exempt · PALM BEACH, FL 33480
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $17,107,322 | $27,182,893 | -$10,075,571 | $83,917,302 | $15,007,064 | $68,910,238 |
| June 30, 2024 | 990 | $15,964,956 | $22,553,427 | -$6,588,471 | $84,939,364 | $18,675,831 | $66,263,533 |
| June 30, 2023 | 990 | $12,481,463 | $18,884,810 | -$6,403,347 | $45,404,587 | $7,813,916 | $37,590,671 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $16,011,231
- Investment income
- -$1,345,601
- Net gain from sales of assets
- -$1,425,534
- Net income from sales of inventory
- $2,310,467
- Other revenue
- $2,441,692
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $8,773,675
- Salaries, compensation and benefits (total)
- $10,968,594
- Professional fundraising fees
- $0
- Occupancy
- $942,126
- Depreciation
- $4,983,156
Balance sheet and other
- Total assets, start of year
- $84,939,364
- Total assets, end of year
- $83,917,302
- Total liabilities, end of year
- $15,007,064
- Net assets, end of year
- $68,910,238
- Land, buildings and equipment
- $76,515,240
- Net assets without donor restrictions
- $68,910,238
- Gross unrelated business income
- $104,781
- Gross receipts
- $20,639,088
- Employees
- 183
- Volunteers
- 25
- Year formed
- 1973
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RONALD PASSAGIO | GENERAL MANAGER Officer | 60 | $591,228 | $159,279 |
| RICHARD KELLEMS | CFO Officer | 60 | $485,817 | $45,503 |
| GEORGE KERVERN | GOLF SUPERINTENDENT Key employee | 60 | $387,276 | $54,077 |
| EZEQUIEL LOPEZ | EXECUTIVE CHEF Key employee | 60 | $351,798 | $52,076 |
| KIRBY KRAUTER | TENNIS DIRECTOR Highest-paid employee | 60 | $352,598 | $33,896 |
| ZACH BRADY | GOLF PRO Highest-paid employee | 60 | $311,429 | $28,171 |
| ADILSON SILVA | CLUBHOUSE MANAGER Highest-paid employee | 60 | $197,101 | $26,354 |
| ADEIDES FERREIRA | FOOD & BEVERAGE DIRECTOR Highest-paid employee | 60 | $175,375 | $47,695 |
| PAYTON MINEAR | GOLF PRO Highest-paid employee | 60 | $186,850 | $6,554 |
| JOHN WALLERSTEIN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL MARGOLIS | VICE-PRESIDENT & SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL ROME | VICE-PRESIDENT & TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT SCHLAGER | PAST PRESIDENT Trustee or director | 1 | $0 | $0 |
| JILL BERNSTEIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID BLUE | DIRECTOR Trustee or director | 1 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD A FRIEDMAN | DIRECTOR Trustee or director | 1 | $0 |
| TONY FROMER | DIRECTOR Trustee or director | 1 | $0 |
| LORI GENDELMAN | DIRECTOR Trustee or director | 1 | $0 |
| JEFFREY B LANE | DIRECTOR Trustee or director | 1 | $0 |
| DAVID S MACK | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM L MACK | DIRECTOR Trustee or director | 1 | $0 |
| MITCHELL MORGAN | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT SCHUSTER | DIRECTOR Trustee or director | 1 | $0 |
| VINCENT TESE | DIRECTOR Trustee or director | 1 | $0 |
| JONATHAN TISCH | DIRECTOR Trustee or director | 1 | $0 |
| JANE WILF | DIRECTOR Trustee or director | 1 | $0 |
| BENJAMIN WINTER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RONALD PASSAGGIO | GENERAL MANAGER Officer | 60 | $617,185 | $31,034 |
| GEORGE KERVERN | GOLF SUPERINTENDENT Key employee | 60 | $378,660 | $39,252 |
| EZEQUIEL LOPEZ | EXECUTIVE CHEF Key employee | 60 | $342,301 | $34,858 |
| RICHARD KELLEMS | CHIEF FINANCIAL OFFICER Officer | 60 | $338,453 | $28,633 |
| KIRBY KRAUTER | HEAD TENNIS PROFESSIONAL Highest-paid employee | 60 | $345,172 | $19,576 |
| ZACHARY BRADY | HEAD GOLF PROFESSIONAL Highest-paid employee | 60 | $282,981 | $18,405 |
| ADILSON SILVA | CLUBHOUSE MANAGER Highest-paid employee | 60 | $199,893 | $24,929 |
| PAYTON MINEAR | GOLF PROFESSIONAL Highest-paid employee | 60 | $192,600 | $13,232 |
| JOHN BEDNAR IV | GOLF PROFESSIONAL Highest-paid employee | 45 | $192,078 | $12,530 |
| ROBERT SCHLAGER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD ROTHSCHILD | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOHN WALLERSTEIN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL ROME | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL MARGOLIS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DAVID BLUE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD BORNSTEIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHEN FINE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONY FROMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY B LANE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID S MACK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM MACK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR ROBIN SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT SNYDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VINCENT TESE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BENJAMIN WINTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RONALD PASSAGGIO | GENERAL MANAGER Officer | 60 | $514,342 | $19,052 |
| RICHARD KELLEMS | CHIEF FINANCIAL OFFICER Officer | 60 | $491,570 | $19,052 |
| GEORGE KERVERN | GROUNDS SUPERINTENDENT Key employee | 60 | $355,586 | $25,616 |
| KIRBY KRAUTER | HEAD TENNIS PROFESSIONAL Highest-paid employee | 60 | $331,686 | $8,005 |
| EZEQUIEL LOPEZ | EXECUTIVE CHEF Key employee | 60 | $307,166 | $25,616 |
| ZACHARY BRADY | GOLF PROFESSIONAL Highest-paid employee | 60 | $230,049 | $8,005 |
| JOHN BEDNAR IV | GOLF PROFESSIONAL Highest-paid employee | 50 | $213,701 | $7,225 |
| ADILSON SILVA | CLUBHOUSE MANAGER Highest-paid employee | 60 | $174,463 | $19,052 |
| PAYTON MINEAR | GOLF PROFESSIONAL Highest-paid employee | 50 | $169,910 | $4,670 |
| ROBERT SCHLAGER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| RICHARD ROTHSCHILD | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOHN WALLERSTEIN | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL ROME | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL MARGOLIS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DAVID BLUE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD BORNSTEIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEPHEN FINE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TONY FROMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFREY B LANE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID S MACK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM MACK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR ROBIN SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT SNYDER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VINCENT TESE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BENJAMIN WINTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 760 N OCEAN BLVD, PALM BEACH, FL 33480-3300
- Principal officer (990 for 2024)
- JOHN WALLERSTEIN, 760 NORTH OCEAN BLVD, PALM BEACH, FL 334800997
- Signed the 990
- JOHN WALLERSTEIN, PRESIDENT
- Phone
- (561) 844-3501
- Return prepared by
- RSM US LLP
Mission
PALM BEACH COUNTRY CLUB IS A SOCIAL CLUB WHOSE EXPEMT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES.
Program accomplishments
- FOOD AND BEVERAGE SALES TOTALED $3,346,357 FOR THE YEAR ENDING 06/30/2025, OF WHICH $4,280 WAS NON-MEMBER RELATED INCOME.
- THE CLUB PROVIDES GOLF AND DINING FACILITIES TO APPROXIMATELY 400 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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 59-0706084
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1955
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $83,917,302
- Income (IRS master file)
- $20,639,088
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $17,107,322 | $27,182,893 | $83,917,302 | IRS |
| 990 | June 2024 | $15,964,956 | $22,553,427 | $84,939,364 | IRS |
| 990 | June 2023 | $12,481,463 | $18,884,810 | $45,404,587 | XML |
| 990 | June 2022 | $13,674,855 | $19,292,056 | $30,934,797 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 59-0706084).
Questions about PALM BEACH COUNTRY CLUB
- What is the EIN of PALM BEACH COUNTRY CLUB?
- The employer identification number (EIN) of PALM BEACH COUNTRY CLUB is 59-0706084.
- Is PALM BEACH COUNTRY CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1955.
- Are donations to PALM BEACH COUNTRY CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PALM BEACH 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 PALM BEACH COUNTRY CLUB due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PALM BEACH COUNTRY CLUB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PALM BEACH COUNTRY CLUB?
- The 990 for the year ended June 30, 2025 names JOHN WALLERSTEIN.
- Who are the officers and directors of PALM BEACH COUNTRY CLUB?
- The 990 for the year ended June 30, 2025 lists 27 people; 9 received compensation from the organization, the highest $591,228 (RONALD PASSAGIO, GENERAL MANAGER).
- How much revenue does PALM BEACH COUNTRY CLUB have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $17,107,322, expenses of $27,182,893 and total assets of $83,917,302 at year end.
Other nonprofits in PALM BEACH
- BARBARA NEWINGTON FOUNDATION EIN 59-3611060 · last filed 990-PF for 2025
- SOCIETY OF THE FOUR ARTS EIN 59-0454318 · last filed 990 for 2025
- EVERGLADES CLUB INC EIN 59-0198160 · last filed 990 for 2025
- PALM BEACH DAY ACADEMY INC EIN 59-0873834 · last filed 990 for 2025
- JOHN AND AMY PHELAN FAMILY FOUNDATION EIN 46-1579312 · last filed 990-PF for 2024
- EUNICE JOYCE GARDINER CHARITABLE FOUNDATION EIN 45-6393459 · last filed 990-PF for 2025
- TWELVE STARS FOUNDATION EIN 83-2902136 · last filed 990-PF for 2024
- BATH AND TENNIS CLUB INC EIN 59-0156870 · last filed 990 for 2025