Silver Spring Golf Course Inc
- Assets
- $8.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Riverside, RI
- Founding
- 09/1982
- Data as of
- 12/2022
- EIN
- 05-0302821
Organization Overview
Silver Spring Golf Course Inc is located in Riverside, RI. The organization was established in 1982. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silver Spring Golf Course Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Silver Spring Golf Course Inc generated $59.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $73.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Alden Head Of Operationssecretary | 40 | $20,040 | |
Lou Roccabella President | 40 | $0 | |
Peter Rios Vice President | 1 | $0 | |
Miguel Carmo Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $29,414 |
| Membership dues | $29,600 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $59,014 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,195 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $24,914 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $73,109 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,559 |
| Other assets | $0 |
| Total assets | $8,526 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,526 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hartford Golf Club West Hartford, CT | $10,526,252 | $10,110,374 |
Golf Club Of Avon Inc Avon, CT | $12,352,994 | $6,540,190 |
Massachusetts Golf Association Inc Norton, MA | $15,590,916 | $5,132,097 |
Hatherly Golf Club Inc N Scituate, MA | $7,824,887 | $4,661,399 |
Professional Golfers Assn New England Section Pga Of America Boylston, MA | $3,506,395 | $3,841,332 |
The Cummaquid Golf Club Of Yarmouth And Barnstable Inc Yarmouthport, MA | $8,327,661 | $3,361,650 |
Needham Golf Club Inc Needham, MA | $4,353,168 | $3,028,845 |
Norfolk Golf Club Westwood, MA | $4,300,794 | $1,479,229 |
Rhode Island Golf Association Providence, RI | $855,116 | $1,357,512 |
Whitinsville Golf Club Whitinsville, MA | $2,081,032 | $1,286,518 |
Edgartown Golf Club Inc Edgartown, MA | $2,624,313 | $1,226,212 |
Reservation Golf Club Inc Mattapoisett, MA | $1,093,441 | $1,205,522 |