To me it means:
Course: Large enough facility to handle 90 players or more, Uniform Baskets, Cement/FlyPad/or Stone dust tees. If natural now, Nefa funds stone dust to local club a month before event. Coolers of drinks on various holes throughout the course.
Food: Catered and paid for by NEFA both days of the event.
Players Party: Rent out a Restaurant, All food and soft drinks free. Cash bar.
Lodging: Depends on host course but discounted hotel rooms or free camping.
Players packs like the USDGC ($ 100+ value), added cash or prizes to all divisions, larger than just another regular NEFA event.
It's all been done before just not by NEFA...yet?
I'm not saying that this couldn't be done by NEFA, but let's look at some estimated numbers. And what I mean by estimated numbers is not what COULD be done (as pigs can fly every 4th millenium or so

but ask a pig on the spot to fly and odd-on they won't...) but what are "averages":
"Large enough" facility narrows it down to a dozen or so courses; with facilities to 'house food, et al' narrows it down further. Yield: Doable but limited.
"Stone dust..." is great for that course but cost / man-hours has to be figured out. Yield: 1 "stone dust / hours cost"
"Coolers of drinks..." = several hundred dollars (remember cost of coolers and 90 players who drink a lot of liquid). Yield: several hundreds.
"Food catered..." = 15 years ago I had a catered running race that ended up ~$11per. 100 people would yield probably a cost of 1100. And that was 15 years ago (costs have prob increased). And how many meals are you going to provide? Yeild = 1K per meal min (could be more).
$100+ pack for 90 players. Even if bought at 1/2 price = 4.5K. Oh, only AMs? 1/2 the field? Still $2,250 min.
Rent a restaurant. Will need to be big enough for 100+ people (90, plus TD, plus "helpers", plus slummers, etc.). Oh, only players come inside? Yeh right. For a restaurant (that big) to reserve a 4 hour block during prime time on a Fri or Sat night will cost. Lots. Provide all-you-can-eat and soft-drink? For 100+? Even if they'll make money on the cash bar? I say 3K min (could be a lot more).
Camping costs: insurance for such, etc. (I don't even know what would be entailed but I'm sure they'd be SOME costs).
And now the "added cash" aspect. Something for nothing is what this sport seems to be all about

(OK, rant off), but it'll take time away from all the other logistics (of pulling this off as "a happening" - which would be cool) to raise "money". Of course you want it all...we all do...but in practice it hardly ever happens.
Now I KNOW people will say "...I can get x for less...". Good! YOU volunteer to do such (and we'll reimburse you). And if you don't come through, we'll eviscerate you (or some such). Oh, not so confident you can come through? THAT'S what costs so much...being able to guarantee! Dreams are cheap; reality costs a little more.
Proving my numbers wrong would be wonderful (if they're to the "less side"), but at least everyone now has an idea that this is NOT a small undertaking. It will take TIME, PEOPLE, ORGANIZATION, MORE TIME, $$$, etc. Who's up for this work?
Karl
Ps: Not a curmudgeon, just a realist. But a happy one

.
Pps: Seeing your $1600 tells me we're not talking about the same "happening"....