Short Hills Club
- Assets
- $4.5m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 102
- Location
- Short Hills, NJ
- Founding
- 05/1969
- Data as of
- 03/2023
- EIN
- 22-1279530
Organization Overview
Short Hills Club is located in Short Hills, NJ. The organization was established in 1969. 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 03/2023, Short Hills Club employed 102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Short Hills Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 03/2023, Short Hills Club generated $3.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $3.8m during the year ending 03/2023. 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
TO PROMOTE HEALTH & PLEASURE FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAX EXEMPT CLUB ACTIVITIES.
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 |
|---|---|---|---|
Craig H Ploetner President | OfficerTrustee | 3 | $0 |
Christopher B Franklin Vice President | OfficerTrustee | 3 | $0 |
Michelle L Decillis Treasurer | OfficerTrustee | 3 | $0 |
Sallie S Bunn Secretary | OfficerTrustee | 3 | $0 |
Wm Derek Bowen Governor | Trustee | 3 | $0 |
Brendan T Culligan Governor | Trustee | 3 | $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 | $25,750 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,750 |
| Total Program Service Revenue | $2,406,016 |
| Investment income | $5,664 |
| 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 | $1,356,300 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,793,730 |
| 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. | $224,002 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,629,434 |
| Pension plan accruals and contributions | $22,117 |
| Other employee benefits | $156,038 |
| Payroll taxes | $181,015 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,740 |
| Advertising and promotion | $0 |
| Office expenses | $122,961 |
| Information technology | $4,003 |
| Royalties | $0 |
| Occupancy | $291,655 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,559 |
| Interest | $41,912 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $306,788 |
| Insurance | $124,570 |
| All other expenses | $44,367 |
| Total functional expenses | $3,768,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,985 |
| Savings and temporary cash investments | $505,688 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $130,782 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $132,410 |
| Prepaid expenses and deferred charges | $42,584 |
| Net Land, buildings, and equipment | $3,434,747 |
| Investments—publicly traded securities | $231,224 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,481,420 |
| Accounts payable and accrued expenses | $207,957 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $1,526,368 |
| Other liabilities | $12,790 |
| Total liabilities | $1,747,115 |
| Net assets without donor restrictions | $2,634,305 |
| Net assets with donor restrictions | $100,000 |
| 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 | $4,481,420 |