The information for Glen Oaks Club Inc is as of the organization's most recent filing in December 2018. This organization is located in Old Westbury, NY. It has been in existence for 71 years, following its founding in 1947.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Glen Oaks Club Inc's NTEE code is N60. The "N" tells us that the organization is classified along with Recreation & Sports. The "60" tells us that the organization is an Amateur Sports organization. The NTEE describes Amateur Sports organizations as those that provide opportunities for people of all ages to learn, become competitive in and enjoy the organized recreational activity, sport or game of their choice. These programs may provide access to equipment and facilities and may also sponsor or make arrangements for athletes to participate in amateur competitions.
Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(7) organization. The IRS describes these organizations as Social and Recreational Clubs.
Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Glen Oaks Club Inc is to create a home away from home for members and their guests.
The tax exempt club activities program area encompasses all activities that are tax exempt and provide an opportunity for members to participate in various club activities.
Glen Oaks Club Inc is run by Jordan A Ziegler, who is the President. The organization has 246 employees, of whom 10 are paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are 17 volunteers.
Glen Oaks Club Inc has a well-governed system, with 17 voting members and 17 independent members. There are no potential conflicts of interest, and the organization has not delegated management to an outside firm. Board meetings are documented and committee meetings are documented as well. The organization has a conflict of interest policy and requires disclosure of conflicts. It also has a written whistleblower policy and a document retention policy. Unfortunately, the organization does not substantiate and review leadership or officer salaries, but it does provide copies of the 990 to the board prior to filing. This indicates that Glen Oaks Club Inc is well-governed and takes its responsibilities seriously.
Over the given time period, Glen Oaks Club Inc experienced growth in several areas, including program service revenue, other revenue, employee salaries, total revenue and total employees. These increases indicate that the organization is expanding and may be able to reach more people with its services. However, the organization also experienced a decrease in investment income and total volunteers, which may be an indicator of a decline in certain activities or participation.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Craig Currier Greens Superintendent | Officer | 60 | $619,054 |
Cristian Ilie General Manager/ COO | Officer | 60 | $489,951 |
Amado Ochoa Executive Chef | 60 | $289,554 | |
Tim Shifflett Golf Head Professional | 60 | $248,084 | |
Stephen Gabriel Clubhouse Manager | 60 | $240,284 | |
Jeffrey Reigler Former General Manager | 60 | $217,841 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Waseem Noor Tennis Lessons & Sales | 12/30/18 | $111,335 |
Nils Noren Group Food Consultant | 12/30/18 | $111,335 |
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 | $13,056,104 |
Investment income | $2 |
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 | $4,721,245 |
Miscellaneous Revenue | $0 |
Total Revenue | $20,068,781 |
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. | $1,173,715 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $6,920,235 |
Pension plan accruals and contributions | $164,195 |
Other employee benefits | $985,742 |
Payroll taxes | $791,662 |
Fees for services: Management | $0 |
Fees for services: Legal | $12,619 |
Fees for services: Accounting | $40,552 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $347,569 |
Advertising and promotion | $0 |
Office expenses | $599,472 |
Information technology | $58,772 |
Royalties | $0 |
Occupancy | $1,076,835 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,425 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $456,117 |
All other expenses | $851,889 |
Total functional expenses | $19,455,848 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,642,406 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,335,705 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $234,646 |
Prepaid expenses and deferred charges | $292,659 |
Net Land, buildings, and equipment | $7,846,329 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,427,960 |
Total assets | $13,779,705 |
Accounts payable and accrued expenses | $803,237 |
Grants payable | $0 |
Deferred revenue | $4,337,713 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,799,960 |
Total liabilities | $7,940,910 |
Net assets without donor restrictions | $5,838,795 |
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 | $13,779,705 |
Over the last fiscal year, we have identified 1 grants that Glen Oaks Club Inc has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
Ljmp Bernstein Charitable Foundation Inc Palm Beach Gardens, FL PURPOSE: DONATION | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
The Union League Of Philadelphia Philadelphia, PA | $166,421,963 | $49,124,019 |
New York Athletic Club New York, NY | $79,824,386 | $36,957,466 |
University Club New York, NY | $61,571,312 | $30,883,399 |
Baltusrol Golf Club Springfield, NJ | $73,541,672 | $26,510,520 |
Country Club Chestnut Hill, MA | $75,043,157 | $30,549,304 |
Winged Foot Golf Club Inc Mamaroneck, NY | $47,661,307 | $23,506,154 |
New York Yacht Club New York, NY | $54,553,348 | $22,663,268 |
Canoe Brook Country Club Summit, NJ | $49,012,793 | $22,669,304 |
Glen Oaks Club Inc Old Westbury, NY | $13,779,705 | $20,068,781 |
Saucon Valley Country Club Bethlehem, PA | $67,852,931 | $24,203,066 |
Sleepy Hollow Country Club Westchester Scarborough, NY | $36,824,085 | $23,136,850 |
Wee Burn Country Club Inc Darien, CT | $32,519,463 | $16,725,850 |