Shuttle Meadow Country Club
- Assets
- $4.2m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 117
- Location
- Kensington, CT
- Founding
- 03/1953
- Data as of
- 12/2022
- EIN
- 06-0669704
Organization Overview
Shuttle Meadow Country Club is located in Kensington, CT. The organization was established in 1953. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Shuttle Meadow Country Club employed 117 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shuttle Meadow Country Club 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, Shuttle Meadow Country Club generated $3.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CLUB IS ORGANIZED TO OPERATE AS A PRIVATE SOCIAL CLUB FOR THE SOCIAL AND RECREATIONAL BENEFIT OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB IS ORAGANIZED FOR PLEASURE AND RECREATION. THE ACTIVITES ARE FOR THE BENEFIT OF ITS MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim D'addabbo President | OfficerTrustee | 2 | $0 |
Greg Faulkner 1st Vice President | OfficerTrustee | 2 | $0 |
Barbara Meskill Secretary | OfficerTrustee | 2 | $0 |
Jim Searson Treasurer | OfficerTrustee | 2 | $0 |
Thomas Peloquin Board Member | Trustee | 2 | $0 |
Adam Szczesniak Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Specialty Building Llc Construction | 12/30/19 | $1,200,668 |
Hafsco Construction | 12/30/19 | $410,598 |
Link Mechanical Services Inc Construction | 12/30/19 | $226,466 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,003,425 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $474,562 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,477,987 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $121,157 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,030,605 |
| Pension plan accruals and contributions | $7,001 |
| Other employee benefits | $79,821 |
| Payroll taxes | $121,905 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,935 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,502 |
| Advertising and promotion | $5,386 |
| Office expenses | $87,263 |
| Information technology | $62,041 |
| Royalties | $0 |
| Occupancy | $453,569 |
| Travel | $9 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $72,734 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $290,350 |
| Insurance | $113,274 |
| All other expenses | $54,832 |
| Total functional expenses | $2,995,592 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,182 |
| Savings and temporary cash investments | $269,327 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $293,751 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $114,733 |
| Prepaid expenses and deferred charges | $64,897 |
| Net Land, buildings, and equipment | $3,419,663 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,193,553 |
| Accounts payable and accrued expenses | $247,312 |
| Grants payable | $0 |
| Deferred revenue | $125,839 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $950,662 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $62,027 |
| Total liabilities | $1,385,840 |
| Net assets without donor restrictions | $2,807,713 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,193,553 |