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WORLD GOLF FOUNDATION, INC. - Florida Company Profile

Headquarter

Company Details

Entity Name: WORLD GOLF FOUNDATION, INC.
Jurisdiction: FLORIDA
Filing Type: Domestic Non-Profit
Status: Active

The business entity is active. This status indicates that the business is currently operating and compliant with state regulations, suggesting a lower risk profile for lenders and potentially better creditworthiness.

Date Filed: 15 Aug 1989 (36 years ago)
Last Event: AMENDED AND RESTATED ARTICLES
Event Date Filed: 25 Sep 2024 (6 months ago)
Document Number: N33763
FEI/EIN Number 592998925

Federal Employer Identification (FEI) Number assigned by the IRS.

Address: 1 PGA TOUR BLVD, Ponte Vedra Beach FL, FL, 32082, US
Mail Address: 1 PGA TOUR BLVD, Ponte Vedra Beach FL, FL, 32082, US
ZIP code: 32082
County: St. Johns
Place of Formation: FLORIDA

Links between entities

Type Company Name Company Number State
Headquarter of WORLD GOLF FOUNDATION, INC., COLORADO 20191386352 COLORADO

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
WORLD GOLF FOUNDATION EMPLOYEES RETIREMENT PLAN 2020 592998925 2021-06-30 WORLD GOLF FOUNDATION, INC. 59
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 9049404000
Plan sponsor’s address ONE WORLD GOLF PLACE, ST. AUGUSTINE, FL, 32092

Signature of

Role Plan administrator
Date 2021-06-30
Name of individual signing MARILYN COMPTON
Valid signature Filed with authorized/valid electronic signature
WORLD GOLF FOUNDATION EMPLOYEES RETIREMENT PLAN 2019 592998925 2020-10-02 WORLD GOLF FOUNDATION, INC. 80
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 9049404000
Plan sponsor’s address ONE WORLD GOLF PLACE, ST. AUGUSTINE, FL, 32092

Signature of

Role Plan administrator
Date 2020-10-02
Name of individual signing MARILYN COMPTON
Valid signature Filed with authorized/valid electronic signature
WORLD GOLF FOUNDATION EMPLOYEES RETIREMENT PLAN 2018 592998925 2019-07-24 WORLD GOLF FOUNDATION, INC. 93
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 9049404000
Plan sponsor’s address ONE WORLD GOLF PLACE, ST. AUGUSTINE, FL, 32092

Signature of

Role Plan administrator
Date 2019-07-24
Name of individual signing MARILYN COMPTON
Valid signature Filed with authorized/valid electronic signature
WORLD GOLF FOUNDATION WELFARE PLAN 2017 592998925 2018-05-29 WORLD GOLF FOUNDATION 105
File View Page
Three-digit plan number (PN) 501
Effective date of plan 1998-01-01
Business code 713900
Sponsor’s telephone number 9049404210
Plan sponsor’s mailing address 1 WORLD GOLF PL, ST AUGUSTINE, FL, 320922724
Plan sponsor’s address 1 WORLD GOLF PL, ST AUGUSTINE, FL, 320922724

Number of participants as of the end of the plan year

Active participants 102

Signature of

Role Plan administrator
Date 2018-05-29
Name of individual signing STEVE MONA
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2018-05-29
Name of individual signing STEVE MONA
Valid signature Filed with authorized/valid electronic signature
WORLD GOLF FOUNDATION EMPLOYEES RETIREMENT PLAN 2017 592998925 2018-09-20 WORLD GOLF FOUNDATION, INC. 93
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 9049404000
Plan sponsor’s address ONE WORLD GOLF PLACE, ST. AUGUSTINE, FL, 32092

Signature of

Role Plan administrator
Date 2018-09-20
Name of individual signing STEPHEN F MONA
Valid signature Filed with authorized/valid electronic signature
WORLD GOLF FOUNDATION EMPLOYEES RETIREMENT PLAN 2016 592998925 2017-07-19 WORLD GOLF FOUNDATION, INC. 95
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 9049404000
Plan sponsor’s address ONE WORLD GOLF PLACE, ST. AUGUSTINE, FL, 32092

Signature of

Role Plan administrator
Date 2017-07-19
Name of individual signing STEPHEN MONA
Valid signature Filed with authorized/valid electronic signature
WORLD GOLF FOUNDATION EMPLOYEES RETIREMENT PLAN 2015 592998925 2016-10-10 WORLD GOLF FOUNDATION, INC. 98
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 9049404000
Plan sponsor’s address ONE WORLD GOLF PLACE, ST. AUGUSTINE, FL, 32092

Signature of

Role Plan administrator
Date 2016-10-10
Name of individual signing STEPHEN F MONA
Valid signature Filed with authorized/valid electronic signature
WORLD GOLF FOUNDATION EMPLOYEES RETIREMENT PLAN 2014 592998925 2015-10-01 WORLD GOLF FOUNDATION, INC. 111
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 9049404000
Plan sponsor’s address ONE WORLD GOLF PLACE, ST. AUGUSTINE, FL, 32092

Signature of

Role Plan administrator
Date 2015-10-01
Name of individual signing STEPHEN MONA
Valid signature Filed with authorized/valid electronic signature
WORLD GOLF FOUNDATION EMPLOYEES RETIREMENT PLAN 2013 592998925 2014-10-15 WORLD GOLF FOUNDATION, INC. 114
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 9049404000
Plan sponsor’s address ONE WORLD GOLF PLACE, ST. AUGUSTINE, FL, 32092

Signature of

Role Plan administrator
Date 2014-10-15
Name of individual signing STEPHEN MONA
Valid signature Filed with authorized/valid electronic signature
WORLD GOLF FOUNDATION EMPLOYEES RETIREMENT PLAN 2012 592998925 2013-10-15 WORLD GOLF FOUNDATION, INC. 101
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1997-01-01
Business code 813000
Sponsor’s telephone number 9049404000
Plan sponsor’s address ONE WORLD GOLF PLACE, ST. AUGUSTINE, FL, 32092

Signature of

Role Plan administrator
Date 2013-10-15
Name of individual signing STEVE MONA
Valid signature Filed with authorized/valid electronic signature

Key Officers & Management

Name Role Address
Monahan Jay W Director 1 PGA TOUR BLVD, Ponte Vedra Beach FL, FL, 32082
Whan Michael Director 1 PGA TOUR BLVD, Ponte Vedra Beach FL, FL, 32082
McLaughlin Gregory T Chief Executive Officer 1 PGA TOUR BLVD, Ponte Vedra Beach FL, FL, 32082
TETSWORTH DIANE M Secretary 1 PGA TOUR BLVD, Ponte Vedra Beach FL, FL, 32082
SAMAAN MOLLIE M Director 1 PGA TOUR BLVD, Ponte Vedra Beach FL, FL, 32082
WAUGH SETH W Director 1 PGA TOUR BLVD, Ponte Vedra Beach FL, FL, 32082
TETSWORTH DIANE M Agent 1 PGA TOUR BLVD, Ponte Vedra Beach FL, FL, 32082

Fictitious Names

Registration Number Fictitious Name Status Filed Date Expiration Date Cancellation Date Mailing Address
G15000003827 THE FIRST TEE EXPIRED 2015-01-11 2020-12-31 - 425 S LEGACY TRAIL, ST AUGUSTINE, FL, 32092

Events

Event Type Filed Date Value Description
AMENDED AND RESTATEDARTICLES 2024-09-25 - -
REGISTERED AGENT ADDRESS CHANGED 2024-04-29 1 PGA TOUR BLVD, Ponte Vedra Beach FL, FL 32082 -
CHANGE OF PRINCIPAL ADDRESS 2024-04-29 1 PGA TOUR BLVD, Ponte Vedra Beach FL, FL 32082 -
CHANGE OF MAILING ADDRESS 2024-04-29 1 PGA TOUR BLVD, Ponte Vedra Beach FL, FL 32082 -
AMENDMENT 2019-06-04 - -
REGISTERED AGENT NAME CHANGED 2013-01-18 TETSWORTH, DIANE M -
NAME CHANGE AMENDMENT 1997-05-01 WORLD GOLF FOUNDATION, INC. -
AMENDED AND RESTATEDARTICLES/NAME CHANGE 1993-09-02 WORLD GOLF VILLAGE, INC. -

Documents

Name Date
Amended and Restated Articles 2024-09-25
ANNUAL REPORT 2024-04-29
ANNUAL REPORT 2023-02-15
ANNUAL REPORT 2022-05-01
ANNUAL REPORT 2021-03-23
ANNUAL REPORT 2020-01-31
Amendment 2019-06-04
ANNUAL REPORT 2019-04-29
ANNUAL REPORT 2018-01-30
ANNUAL REPORT 2017-01-27

Tax Exempt

EIN Type of Organization Exempt Organization Status Address Ruling Date
59-2998925 Corporation Unconditional Exemption 1 PGA TOUR BLVD, PONTE VEDRA, FL, 32082-2826 1991-04
In Care of Name % DIANE TETSWORTH
Group Exemption Number 0000
Subsection Charitable Organization, Educational Organization, Literary Organization, Organization to Prevent Cruelty to Animals, Organization to Prevent Cruelty to Children, Organization for Public Safety Testing, Religious Organization, Scientific Organization
Affiliation Independent - This code is used if the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Classification Government Instrumentality, Title-Holding Corporation, Charitable Organization, Agricultural Organization, Board of Trade, Pleasure, Recreational, or Social Club, Fraternal Beneficiary Society, Order or Association, Voluntary Employees' Beneficiary Association (Non-Govt. Emps.), Domestic Fraternal Societies and Associations, Teachers Retirement Fund Assoc., Benevolent Life Insurance Assoc., Burial Association, Credit Union, Mutual Insurance Company or Assoc. Other Than Life or Marine, Corp. Financing Crop Operations, Supplemental Unemployment Compensation Trust or Plan, Employee Funded Pension Trust (Created Before 6/25/59), Post or Organization of War Veterans, Legal Service Organization, Black Lung Trust, Multiemployer Pension Plan, Veterans Assoc. Formed Prior to 1880, Trust Described in Sect. 4049 of ERISA, Title Holding Co. for Pensions, etc., State-Sponsored High Risk Health Insurance Organizations, State-Sponsored Workers' Compensation Reinsurance, ACA 1322 Qualified Nonprofit Health Insurance Issuers, Apostolic and Religious Org. (501(d)), Cooperative Hospital Service Organization (501(e)), Cooperative Service Organization of Operating Educational Organization (501(f)), Child Care Organization (501(k)), Charitable Risk Pool, Qualified State-Sponsored Tuition Program, 4947(a)(1) - Private Foundation (Form 990PF Filer)
Deductibility Contributions are deductible.
Foundation Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes 509(a)(2)
Tax Period 2023-12
Asset 10,000,000 to 49,999,999
Income 10,000,000 to 49,999,999
Filing Requirement 990 (all other) or 990EZ return
PF Filing Requirement No 990-PF return
Accounting Period Dec
Asset Amount 18876644
Income Amount 15229131
Form 990 Revenue Amount 10867139
National Taxonomy of Exempt Entities -
Sort Name -

Publication 78 Data

Description Organizations eligible to receive tax-deductible charitable contributions. Users may rely on this list in determining deductibility of their contributions.
On Publication 78 Data List Yes
Deductibility Type of organization and use of contribution: A public charity. Deductibility Limitation: 50% (60% for cash contributions)

Copies of Returns (990, 990-EZ, 990-PF, 990-T)

Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 202212
Filing Type E
Return Type 990T
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 202212
Filing Type E
Return Type 990
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 202112
Filing Type E
Return Type 990
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 202112
Filing Type E
Return Type 990T
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 202012
Filing Type E
Return Type 990
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 202012
Filing Type E
Return Type 990T
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 201912
Filing Type P
Return Type 990T
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 201912
Filing Type E
Return Type 990
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 201812
Filing Type E
Return Type 990
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 201812
Filing Type P
Return Type 990T
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 201712
Filing Type E
Return Type 990
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 201712
Filing Type P
Return Type 990T
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 201612
Filing Type P
Return Type 990T
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 201612
Filing Type E
Return Type 990
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 201612
Filing Type E
Return Type 990T
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 201612
Filing Type P
Return Type 990T
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 201512
Filing Type P
Return Type 990T
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 201512
Filing Type E
Return Type 990
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 201512
Filing Type E
Return Type 990
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 201512
Filing Type P
Return Type 990T
File View File
Organization Name WORLD GOLF FOUNDATION INC
EIN 59-2998925
Tax Period 201412
Filing Type P
Return Type 990T
File View File

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
6515367102 2020-04-14 0491 PPP 1 WORLD GOLF PL, SAINT AUGUSTINE, FL, 32092-2724
Loan Status Date 2021-02-23
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 1545207
Loan Approval Amount (current) 1545207
Undisbursed Amount 0
Franchise Name -
Lender Location ID 44449
Servicing Lender Name PNC Bank, National Association
Servicing Lender Address 222 Delaware Ave, WILMINGTON, DE, 19801-1621
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address SAINT AUGUSTINE, SAINT JOHNS, FL, 32092-2724
Project Congressional District FL-05
Number of Employees 90
NAICS code 812990
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Non-Profit Organization
Originating Lender ID 760
Originating Lender Name First Source Federal Credit Union
Originating Lender Address Rome, NY
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 1556796.05
Forgiveness Paid Date 2021-01-19
4383878902 2021-04-28 0491 PPS 1 World Golf Pl, Saint Augustine, FL, 32092-2724
Loan Status Date 2022-02-16
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 514052
Loan Approval Amount (current) 514052
Undisbursed Amount 0
Franchise Name -
Lender Location ID 12096
Servicing Lender Name Wells Fargo Bank, National Association
Servicing Lender Address 101 N Philips Ave, SIOUX FALLS, SD, 57104-6738
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Saint Augustine, SAINT JOHNS, FL, 32092-2724
Project Congressional District FL-05
Number of Employees 28
NAICS code 712110
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Non-Profit Organization
Originating Lender ID 12096
Originating Lender Name Wells Fargo Bank, National Association
Originating Lender Address SIOUX FALLS, SD
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 517840.49
Forgiveness Paid Date 2022-01-25

Date of last update: 01 Mar 2025

Sources: Florida Department of State