While there are many reasons a golf club may decide to make updates and improvements to its course and surroundings, two specifically stand out: making the game more fun and attractive to players, and the natural wear of a course requiring attention. Members of the
A CAUTIONARY TALE A great example of poor member communication derailing a capital project came from a membership sales manager from an affluent golf club. She asked to remain anonymous, so let’s just call her “Mrs. Smith” from “The Well-Intentioned Golf Club.” Smith shared the
Q. What does it take to be a “well-governed” club in the eyes of the IRS? A: Tax-exempt clubs that file Form 990 (Federal Return of Organization Exempt from Income Tax) annually with the Internal Revenue Service (IRS) Part VI, Section B questions 12, 13 and 14
Capital project funding is an ongoing reality for private clubs and it is virtually guaranteed to foster discussion and debate among the various “communities of interest” within a club’s membership. Usually, club members take a conservative approach to deploying those funds and focus habitually on
Private clubs are capital-intensive facilities, in terms of both operations and physical improvements.Buildings, grounds and outdoor facilities generally have a fixed life span and require continuous attention. Maintaining and improving a club’s facilities can involve some of the most expensive, and difficult decisions a club
Renovations are a necessity to maintain a strong club. They provide new and improved amenities, invigorate current members and attract new ones. Although they can be complicated and large in scope, the right renovation will pay dividends down the road. Staying up to date on
In today’s job market, open positions often draw more skilled applicants than employers have time to consider. However, technical proficiency alone cannot guarantee an employee’s perfect fit with a given organization—a study by Leadership IQ found that 46 percent of new hires fail within the first 18 months. What
As we move into the new year, possibly the most noticeable trend in private clubs is the fact that there is renewed activity. Clubs throughout the country are again taking stock of their situations and assessing their capital needs, and they are doing so with
There are numerous examples of how clubs renovate, but what is most important is why. Sometimes a club needs to compete in order to survive and thrive. Sometimes the club’s facilities have been neglected. Often, the club members simply demand higher quality. The decision to
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