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Nonprofit · EIN 82-2729915

DIAMANTE MEMBERS CLUB INC

Tax-exempt · HOT SPRINGS, AR 71909

Financials

$3.6M$3.4M2023$3.7M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of DIAMANTE MEMBERS CLUB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,659,482$3,278,567$380,915$6,445,542$2,087,334$4,358,208
December 31, 2023990$3,636,935$3,383,695$253,240$6,228,001$2,182,338$4,045,663
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$48,191
Program service revenue
$2,700,266
Investment income
$338,393
Net gain from sales of assets
$278,321
Net income from sales of inventory
$572,632
Other revenue
$572,632

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,619,772
Salaries, compensation and benefits (total)
$1,887,865
Professional fundraising fees
$0
Legal fees
$60,895
Accounting fees
$16,739
Occupancy
$200,919
Travel
$9,356
Depreciation
$281,364

Balance sheet and other

Total assets, start of year
$6,228,001
Total assets, end of year
$6,445,542
Total liabilities, end of year
$2,087,334
Net assets, end of year
$4,358,208
Land, buildings and equipment
$4,794,448
Net assets without donor restrictions
$4,258,208
Net assets with donor restrictions
$100,000
Gross unrelated business income
$743,775
Gross receipts
$4,453,138
Employees
109
Volunteers
60
Year formed
2017
State of legal domicile
AR

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
DAVID RICHPresident
Trustee or director, Officer
0$0
JIM BAKERVice President
Trustee or director, Officer
0$0
CAROL BODGEDirector
Trustee or director
0$0
MICHAEL DOYLETreasurer
Trustee or director, Officer
0$0
JOHNNY HIBBSDirector
Trustee or director
0$0
SUZANNE IANTOSCADirector
Trustee or director
0$0
DAN MONAGHANSecretary
Trustee or director, Officer
0$0
JAMES ROBINSONDirector
Trustee or director
0$0
JOHN PAULDirector
Trustee or director
0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
DAVID RICHPresident
Trustee or director, Officer
2$0
DAVID CLARKVice President
Trustee or director, Officer
2$0
JEANNE GODBOLDSecretary
Trustee or director, Officer
2$0
MICHAEL DOYLETreasurer
Trustee or director, Officer
2$0
ROB BOWERSDirector
Trustee or director
2$0
JOHNNY HIBBSDirector
Trustee or director
2$0
JOHN PAULDirector
Trustee or director
2$0
JAMES ROBINSONDirector
Trustee or director
2$0
CAROL BODGEDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
2000 COUNTRY CLUB DR, HOT SPRINGS, AR 71909-8500
In care of
% MICHAEL DOYLE
Principal officer (990 for 2024)
Diamante Members Club Inc, 2000 Country Club Drive, Hot Springs Village, AR 71909
Signed the 990
MICHAEL DOYLE, Treasurer
Phone
(501) 922-1114
Return prepared by
Charles F Williams LLC

Mission

The club provides recreation facilities and activities for members.

990 for the year ended December 31, 2024

Program accomplishments

  • Activities are for the exempt purpose of an exempt social club. Functional expenses related to recreation facilities and activities.

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
82-2729915
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,445,542
Income (IRS master file)
$4,453,138

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,659,482$3,278,567$6,445,542XML
990December 2023$3,636,935$3,383,695$6,228,001XML
990December 2022$3,193,157$3,085,638$6,060,654IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 82-2729915).

Questions about DIAMANTE MEMBERS CLUB INC

What is the EIN of DIAMANTE MEMBERS CLUB INC?
The employer identification number (EIN) of DIAMANTE MEMBERS CLUB INC is 82-2729915.
Is DIAMANTE MEMBERS CLUB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 2019.
Are donations to DIAMANTE MEMBERS CLUB INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does DIAMANTE MEMBERS 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 DIAMANTE MEMBERS 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 DIAMANTE MEMBERS 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 DIAMANTE MEMBERS CLUB INC?
The 990 for the year ended December 31, 2024 names Diamante Members Club Inc.
Who are the officers and directors of DIAMANTE MEMBERS CLUB INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does DIAMANTE MEMBERS CLUB INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,659,482, expenses of $3,278,567 and total assets of $6,445,542 at year end.

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