Nonprofit · EIN 59-1556454
LOST TREE CLUB INC
Tax-exempt · N PALM BEACH, FL 33408
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $21,608,218 | $24,487,940 | -$2,879,722 | $62,954,728 | $21,590,326 | $41,364,402 |
| September 30, 2024 | 990 | $17,455,830 | $22,808,358 | -$5,352,528 | $60,032,129 | $21,523,505 | $38,508,624 |
| September 30, 2023 | 990 | $18,217,380 | $20,690,948 | -$2,473,568 | $54,620,935 | $18,165,183 | $36,455,752 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $17,279,553
- Investment income
- $406,609
- Net gain from sales of assets
- $700
- Net income from sales of inventory
- $3,530,162
- Other revenue
- $3,922,056
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $11,350,004
- Salaries, compensation and benefits (total)
- $13,950,687
- Professional fundraising fees
- $0
- Depreciation
- $3,130,504
Balance sheet and other
- Total assets, start of year
- $60,032,129
- Total assets, end of year
- $62,954,728
- Total liabilities, end of year
- $21,590,326
- Net assets, end of year
- $41,364,402
- Land, buildings and equipment
- $43,967,574
- Net assets without donor restrictions
- $41,364,402
- Gross unrelated business income
- $766,742
- Gross receipts
- $24,703,835
- Employees
- 280
- Volunteers
- 12
- Year formed
- 1974
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICK BAYLISS | GENERAL MANAGER / COO Officer | 60 | $485,181 | $129,235 |
| BRIAN PEAPER | DIRECTOR OF GOLF OPERATION Key employee | 55 | $448,375 | $37,472 |
| CHARLES SCHAMMING | GOLF COURSE SUPERINTENDENT Key employee | 55 | $330,272 | $53,234 |
| ZACHARIAH BELL | EXECUTIVE CHEF Key employee | 55 | $332,858 | $44,592 |
| MICHAEL KOSTELNIK | HEAD GOLF PROFESSIONAL Highest-paid employee | 40 | $222,264 | $42,268 |
| STEVEN MONTI | ASSISTANT GM (THROUGH 5/17/2025) Highest-paid employee | 40 | $206,598 | $42,824 |
| FERNANDO SANCHEZ ELIAS | CHIEF FINANCIAL OFFICER Officer | 60 | $177,234 | $7,118 |
| SEAN HANLON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| GORDON SMITH | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| ELLEN ALEMANY | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MAUREEN WRIGHT | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| GENE MARKOWSKI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM FELDMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TINA MIKKELSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LEE GHESQUIERE | DIRECTOR Trustee or director | 1 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM DAVIS | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS KANE | DIRECTOR Trustee or director | 1 | $0 |
| AARON YEARY | DIRECTOR Trustee or director | 1 | $0 |
| BARBARA JAFFE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICK BAYLISS | GENERAL MANAGER/COO Officer | 60 | $759,726 | $110,095 |
| BRIAN PEAPER | DIRECTOR OF GOLF OPERATION Key employee | 55 | $438,360 | $35,420 |
| CHARLES SCHAMMING | GOLF COURSE SUPERINTENDENT Key employee | 55 | $307,185 | $48,939 |
| ZACHARIAH BELL | EXECUTIVE CHEF Key employee | 55 | $312,576 | $40,229 |
| JONATHAN GOODMAN | CHIEF FINANCIAL OFFICER (THROUGH 5/2024) Officer | 60 | $221,878 | $42,640 |
| MICHAEL KOSTELNIK | HEAD GOLF PROFESSIONAL Highest-paid employee | 40 | $200,375 | $37,293 |
| STEVEN MONTI | ASSISTANT GENERAL MANAGER Highest-paid employee | 40 | $194,309 | $30,271 |
| PAUL WOOD | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOHN BARNETT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BARBARA WELDON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| GORDON SMITH | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| SEAN HANLON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TINA MIKKELSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THOMAS KANE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LEE GHESQUIERE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BARBARA JAFFE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AARON YEARY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MAUREEN WRIGHT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RUSS MACDONNELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM DAVIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FERNANDO SANCHEZ ELIAS | CHIEF FINANCIAL OFFICER (AS OF 5/2024) Officer | 60 | $0 | $0 |
990 for the year ended September 30, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RICK BAYLISS | GENERAL MANAGER/COO Officer | 60 | $541,309 | $98,489 |
| BRIAN PEAPER | DIRECTOR OF GOLF OPERATION Key employee | 55 | $416,786 | $33,665 |
| ZACHARIAH BELL | EXECUTIVE CHEF Key employee | 55 | $295,691 | $21,494 |
| CHARLES SCHAMING | GOLF COURSE SUPERINTENDENT Key employee | 55 | $267,973 | $41,209 |
| MICHAEL KOSTELNIK | HEAD GOLF PROFESSIONAL Highest-paid employee | 40 | $263,044 | $35,059 |
| JONATHON GOODMAN | CHIEF FINANCIAL OFFICER Officer | 60 | $206,220 | $41,685 |
| SHERI HERB | MEMBERSHIP DIRECTOR Highest-paid employee | 40 | $158,680 | $34,803 |
| SAMUEL H ARMACOST | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| JOHN BARNETT | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| PAUL WOOD | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| STEPHEN KIRMSE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| RUSS MACDONNELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MCBRIDE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAMELA GOERGEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ATWOOD COLLINS III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JANET LEWIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| AARON YEARY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THOMAS RYAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BARBARA JAFFE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BARBARA WELDON | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 11520 LOST TREE WAY, N PALM BEACH, FL 33408-2909
- In care of
- % PAULA JEAN HUNT
- Principal officer (990 for 2024)
- GORDON SMITH, 11520 LOST TREE WAY, NORTH PALM BEACH, FL 33408
- Signed the 990
- FERNANDO SANCHEZ ELIAS, CFO
- Phone
- (561) 626-1501
- Website
- WWW.LOSTTREECLUB.COM
- Return prepared by
- RSM US LLP
Mission
THE LOST TREE CLUB IS A RECREATIONAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES.
Program accomplishments
- LOST TREE CLUB, INC. PROVIDES GOLF AND DINING FACILITIES FOR MEMBERS. APPROXIMATELY 500 MEMBERS BENEFIT FROM THE CLUB FACILITIES.
- LOST TREE CLUB SERVED FOOD & BEVERAGES IN THE DINING FACILITY TOTALING $ 4,770,945 FOR THE YEAR OF WHICH $ 277,286 WAS NON-MEMBER RELATED.
- LOST TREE CLUB PROVIDES GOLF FACILITIES WITH REVENUE TOTALING $ 1,776,253 FOR THE YEAR OF WHICH $189,523 WAS NON-MEMBER RELATED.
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 59-1556454
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1977
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $62,954,728
- Income (IRS master file)
- $24,703,835
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $21,608,218 | $24,487,940 | $62,954,728 | XML |
| 990 | September 2024 | $17,455,830 | $22,808,358 | $60,032,129 | XML |
| 990 | September 2023 | $18,217,380 | $20,690,948 | $54,620,935 | XML |
| 990 | September 2022 | $18,493,842 | $19,512,605 | $52,074,742 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 59-1556454).
Questions about LOST TREE CLUB INC
- What is the EIN of LOST TREE CLUB INC?
- The employer identification number (EIN) of LOST TREE CLUB INC is 59-1556454.
- Is LOST TREE CLUB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1977.
- Are donations to LOST TREE CLUB INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LOST TREE 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 LOST TREE CLUB INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOST TREE CLUB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of LOST TREE CLUB INC?
- The 990 for the year ended September 30, 2025 names GORDON SMITH.
- Who are the officers and directors of LOST TREE CLUB INC?
- The 990 for the year ended September 30, 2025 lists 19 people; 7 received compensation from the organization, the highest $485,181 (RICK BAYLISS, GENERAL MANAGER / COO).
- How much revenue does LOST TREE CLUB INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $21,608,218, expenses of $24,487,940 and total assets of $62,954,728 at year end.
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