The private club industry is likely to see more 941/940 audits by the Internal Revenue Service (IRS). The IRS has recently trained agents who are specialized in 990/990T tax return audits on 941/940 audits. While no reason was given for this shift, the additional income
As the economy rebounds, clubs are moving into an area of distinct opportunity, and, for the first time in a long time, some are getting the sense that better days are ahead for the industry. NCA’s most recent planning survey focused on the impact the
“The worst of times are giving way to the best of times,” espoused Henry DeLozier of Global Golf Advisors. At this year’s National Club Conference, which took place on April 30th in New York City, the outlook for the future of private clubs was decidedly
As clubs consider updating their facilities and renovating elements of their clubs, and especially their golf courses, it’s important to understand the lifecycle of key golf course components. Knowing when items need to be updated and how long new renovations can be expected to last
Membership in a private club is meant to be an enriching experience. Through their keen focus on member enjoyment and satisfaction, clubs exist to fill a variety of important tangible and intangible desires and emotions. They are a home away from home where members and
As a membership development professional, it’s always exciting when a membership candidate becomes a club member. Once they make it through the membership process (nomination, approval by the membership committee, paying the initiation fee), it sometimes feels like a weight is being lifted off your
While we know that history rarely remains solely in the past, we often forget its uncanny ability to repeat itself, almost verbatim. Consider the following passage: Golf is suffering from growing pains, and the industry has taken note. A survey of Chicago District Golf Association
If you’ve heard me speak before, you know I stress that club boards should read their bylaws annually to be sure they know and understand what the bylaws say, identify provisions that the club is not following or wants to modify, ensure the bylaws do
Usually when people think of country clubs, an image of a rolling green-hilled golf course comes to mind. Golf has long been the primary attraction for country clubs, but it soon may need to share some of it’s spotlight with a new rising star: tennis.
According to the Wellness Councils of America (welcoa.org), more than 81 percent of businesses with 50 or more employees have some form of health promotion program—the most popular being exercise, stop-smoking classes, back care programs and stress management. Not surprisingly, programs and incentives to improve