Noyac Golf Club Inc is located in Sag Harbor, NY. The organization was established in 1981. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 11/2021, Noyac Golf Club Inc employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Noyac Golf Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 11/2021, Noyac Golf Club Inc generated $11.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $8.6m during the year ending 11/2021. While expenses have increased by 6.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ENVIRONMENT THAT ENHANCES THE PLEASURE/ENJOYMENT OF CLUB FACILITIES FOR MEMBER/GUEST
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAX EXEMPT CLUB ACTIVITIES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jesse R Smith General Manager | Officer | 60 | $340,268 |
Brian Goleski Superintendent | Officer | 60 | $298,608 |
Patrick Gunning Golf Pro | 40 | $197,604 | |
Laura Van Binsbergen Office Manager | 60 | $140,800 | |
Gary Wilson Head Mechanic | 60 | $137,457 | |
Robert Janesh Chef | 40 | $120,531 |
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 | $9,302,940 |
Investment income | $21,021 |
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 | $1,350,574 |
Miscellaneous Revenue | $0 |
Total Revenue | $11,022,614 |
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. | $655,566 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,656,348 |
Pension plan accruals and contributions | $60,138 |
Other employee benefits | $324,564 |
Payroll taxes | $353,972 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $31,648 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $91,551 |
Advertising and promotion | $0 |
Office expenses | $401,974 |
Information technology | $59,837 |
Royalties | $0 |
Occupancy | $322,397 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $92,700 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,822,530 |
Insurance | $151,929 |
All other expenses | $16,743 |
Total functional expenses | $8,581,943 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $275 |
Savings and temporary cash investments | $7,453,796 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $63,112 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $17,021 |
Prepaid expenses and deferred charges | $97,434 |
Net Land, buildings, and equipment | $17,337,608 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $294,423 |
Total assets | $25,263,669 |
Accounts payable and accrued expenses | $58,159 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $2,119,852 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $331,306 |
Total liabilities | $2,509,317 |
Net assets without donor restrictions | $22,754,352 |
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 | $25,263,669 |
Over the last fiscal year, we have identified 1 grants that Noyac Golf Club Inc has recieved totaling $250.
Awarding Organization | Amount |
---|---|
David & Sondra Family Foundation Inc Fort Lee, NJ PURPOSE: EXEMPT PURPOSE | $250 |
Organization Name | Assets | Revenue |
---|---|---|
Old Westbury Golf & Country Club Inc Old Westbury, NY | $24,637,751 | $16,881,231 |
Innis Arden Golf Club Inc Old Greenwich, CT | $33,992,814 | $14,860,228 |
Hudson National Golf Club Inc Croton On Hudson, NY | $51,687,185 | $12,086,027 |
Nantucket Golf Club Inc Siasconset, MA | $41,080,926 | $8,761,983 |
Great Harbor Yacht Club Inc Nantucket, MA | $67,641,341 | $7,821,481 |
Lake Naomi Club Pocono Pines, PA | $31,181,948 | $14,377,164 |
Pine Valley Golf Club Pine Valley, NJ | $27,464,552 | $15,641,646 |
Plainfield Country Club Edison, NJ | $20,539,827 | $10,734,974 |
Glen Ridge Country Club Glen Ridge, NJ | $4,315,456 | $11,200,681 |
Overbrook Golf Club Bryn Mawr, PA | $25,446,093 | $10,373,823 |
Fisher Island Club Inc Fishers Island, NY | $26,382,427 | $9,842,592 |
Golf Club Of Marthas Vineyard Inc Edgartown, MA | $54,618,022 | $7,664,048 |