The Golf Club Company

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

8 people listed

JOSEPH REGNER (GOLF PROFESSIONAL): $276,248 total reported compensation
KEITH KRESINA (GOLF COURSE SUPERINTENDENT): $241,126 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

To establish, maintain, and operate a golf club for the general use and enjoyment of the members of the club.

Operating a private golf course for the benefit of its members.

Revenue model: Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
Governance controls: 2 of 8 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail

Operating margin: 12.9%; rating input score 62; 62nd percentile among comparable filings
Total-asset coverage ratio: 2.64; rating input score 67; 67th percentile among comparable filings
Liabilities to assets ratio: 0.33; rating input score 25; 25th percentile among comparable filings
Officer compensation ratio: 8.4%; rating input score 39; 39th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 5.9% per year; rating input score 100; 44th percentile among comparable filings
Asset growth: 4.6% per year; rating input score 100; 31st percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 6 of 6 board members independent · 2 of 8 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $276K · 8 people listed · 1 of 6 pay-setting controls reported
Highest-paid contractors: 2 contractors listed · $667K reported
Consistency: 10 of 10 current checks pass
Schedules: 3 filed schedules · includes executive pay
Filing history: 15 filing years from 2010 to 2025
Contacts: How to reach this organization
Money network: 2 filed money-flow records
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Signals prioritize questions for review. They are not findings of misconduct.