Shelridge Country Club Inc
- Assets
- $452.3k
- Revenue
- $892.5k
- Investments
- $0.0
- Employees
- 37
- Location
- Medina, NY
- Founding
- 03/1961
- Data as of
- 12/2023
- EIN
- 16-0840635
Organization Overview
Shelridge Country Club Inc is located in Medina, NY. The organization was established in 1961. 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 12/2023, Shelridge Country Club Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shelridge Country 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 12/2023, Shelridge Country Club Inc generated $892.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $856.9k during the year ending 12/2023. While expenses have increased by 9.6% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE A HIGH QUALITY GOLF EXPERIENCE AT A REASONABLE AFFORDABLE COST
Describe the Organization's Program Activity:
Part 3 - Line 4a
CART REVENUE - USE OF CARTS FOR GOLF
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Verheyn Director | Trustee | 5 | $0 |
Adam Dresser Director | Trustee | 5 | $0 |
Bruce Seefeldt Director | Trustee | 5 | $0 |
Brad Wilson Director | Trustee | 5 | $0 |
Dan Monacelli Director | Trustee | 5 | $0 |
Dave Wagner President | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $510,141 |
| 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 | $510,141 |
| Total Program Service Revenue | $261,163 |
| 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 | $121,154 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $892,458 |
| 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. | $143,703 |
| Compensation of current officers, directors, key employees. | $73,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $260,557 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $54,330 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,000 |
| 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 | $0 |
| Advertising and promotion | $97 |
| Office expenses | $9,193 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $32,709 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $21,052 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,400 |
| Insurance | $47,988 |
| All other expenses | $28,715 |
| Total functional expenses | $856,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $107,194 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $483 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $44,860 |
| Prepaid expenses and deferred charges | $25,856 |
| Net Land, buildings, and equipment | $273,934 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $452,327 |
| Accounts payable and accrued expenses | $43,117 |
| Grants payable | $0 |
| Deferred revenue | $4,293 |
| 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 | $313,429 |
| Unsecured mortgages and notes payable | $55,172 |
| Other liabilities | $0 |
| Total liabilities | $416,011 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $67,274 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$30,958 |
| Total liabilities and net assets/fund balances | $452,327 |