Schuyler Meadows Club Inc
- Assets
- $6.9m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 168
- Location
- Loudonville, NY
- Founding
- 07/1944
- Data as of
- 12/2022
- EIN
- 14-1048370
Organization Overview
Schuyler Meadows Club Inc is located in Loudonville, NY. The organization was established in 1944. 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, Schuyler Meadows Club Inc employed 168 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schuyler Meadows 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 12/2022, Schuyler Meadows Club Inc generated $3.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $3.8m during the year ending 12/2022. While expenses have increased by 3.4% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SOCIAL CLUB SERVICING MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLUB OPERATES AS A SOCIAL CLUB PROVIDING SERVICES TO CLUB MEMBERS, INCLUDING A GOLF COURSE, TENNIS AND PADDLE TENNIS COURTS, SWIMMING POOL, AND RESTAURANT WITH BAR.
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 |
|---|---|---|---|
Michael Rezey | 40 | $102,593 | |
Anthony Gorman Vice President | OfficerTrustee | 1 | $0 |
Michael Pappas Director | Trustee | 1 | $0 |
Jean Lewis Maloy Director | Trustee | 1 | $0 |
Kenneth Ellis Director | Trustee | 1 | $0 |
David Kubikian Secretary | OfficerTrustee | 1 | $0 |
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 | $2,897,281 |
| Investment income | $834 |
| 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 | $780,238 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,678,353 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,624,554 |
| Pension plan accruals and contributions | $47,132 |
| Other employee benefits | $77,169 |
| Payroll taxes | $203,420 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $19,760 |
| Advertising and promotion | $0 |
| Office expenses | $9,113 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $94,484 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,473 |
| Interest | $8,682 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $534,074 |
| Insurance | $98,908 |
| All other expenses | $266,525 |
| Total functional expenses | $3,797,289 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,586 |
| Savings and temporary cash investments | $1,050,950 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,815,040 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $159,903 |
| Prepaid expenses and deferred charges | $36,662 |
| Net Land, buildings, and equipment | $3,771,147 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $6,904,289 |
| Accounts payable and accrued expenses | $104,867 |
| Grants payable | $0 |
| Deferred revenue | $1,444,435 |
| 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 | $152,707 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $197,786 |
| Total liabilities | $1,899,795 |
| Net assets without donor restrictions | $5,004,494 |
| 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 | $6,904,289 |