Clients often ask me about the financial health of the Desert Mountain Club. Here is an overview of their finances as reported directly by the club in their 2015 Annual Report. You can see a full copy of the report on our Downloads page.
In 2015, Desert Mountain generated $64 million in total revenue and spent $63.9 million in expenses. The largest revenue stream is from Club Dues, which generates a total of $33.2 million. The second largest source of revenue was from the Golf and Tennis operations, which accounted for $11.3 million. Additional revenue was accrued by Food and Beverage at $10.3 million, and Transfer Fees at $8.2 million.
The largest expenditure came from Golf Course and Facility maintenance, accounting for $21.5 million. Additional expenditures arose from Administrative and General expenditures at $12.3 million, Food and Beverage expenditures at $7.7 million, Golf and Tennis expenditures at $7.6 million, and Cost of Sales for a value of $5.7 million.
If you’d like to learn more about available properties at Desert Mountain, please contact me at any time.
Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85255
Cell (602) 791-0536
Carmen@TopScottsdaleHomes.com
www.DesertMountainHomesOnline.com
Voted in the Top 3 Realtors in Arizona every year 2015-2025, by Ranking Arizona Magazine. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.
