New Rules for IRS-Recognized Nonprofit Country Clubs Will Be a Game Changer

New York City by Eric J. von Hofen

Home of the Nonprofit - New York City


For years people have tried to figure out how nonprofits work and where the money trail goes. The IRS feels that enough is enough and that more transparency needs to take place. There are thousands of nonprofits in the United States and, believe it or not, Country Clubs will have to play be these new rules. The IRS has beefed up reporting requirements with respect to compensation, and these new requirements will apply to Country Clubs and other nonprofits alike. The changes were prompted by audits showing discrepancies in what nonprofits across the country were disclosing. In 2012, after the Club’s taxes are filed, the lists of the top money makers and their compensation amounts will be be made public. This reporting will be done on the new IRS Form 990. Will you be on the list and ready for that public relations nightmare?

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This information will be streamlined directly to the Guidestar.org web site. According to GuideStar, they have a database of more than 1.8 million IRS-recognized nonprofit organizations. Many people use this web site to monitor their favorite charities to see the good work that they are doing and where the money is going. Well, now your members will be using this site to see how much you are making. This “SuperLeak” will have many golf course superintendents running for cover and wanting to give up that company truck. I think that this process will forever change the mystery of what the top guys in the country are making. No more speculation or rumors on who got what in the last big deal. The GCSAA will have to rewrite the results of their compensation study to show the facts.

I hope there is a silver lining around this cloud, and that Country Clubs will see the value of their top people and take care of them. But I feel that there will be some losers in the deal and they will be compared to the guy down the street and the cuts will follow. This is truly a game changer.

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