Charleston Chapter Of The National Golf Association
- Assets
- $1.9m
- Revenue
- $74.2k
- Investments
- $1.7m
- Employees
- 1
- Location
- Charleston, SC
- Founding
- 06/1995
- Data as of
- 11/2022
- EIN
- 57-0967880
Organization Overview
Charleston Chapter Of The National Golf Association is located in Charleston, SC. The organization was established in 1995. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charleston Chapter Of The National Golf Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 11/2022, Charleston Chapter Of The National Golf Association generated $74.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.8%) each year. All expenses for the organization totaled $216.9k during the year ending 11/2022. 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
TO PROVIDE TRAINING, DEVELOPMENT, AND PROMOTIONAL ACTIVITIES FOR MEMBER GOLF COURSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CGCOA HAS BEEN THE PRIMARY INTERFACE WITH ALLIED ORGANIZATIONS FOR GOLF MARKETING AND INFORMATION DISTRIBUTION TO CONSUMERS IN RECENT YEARS. INITIALLY STARTING A LOCAL GOLF MARKETING ORGANIZATION (CGI) REQUIRED SETTING ITS MEETINGS, AGENDAS, AND GROWING ITS MEMBERSHIP. FINANCIAL SUPPORT HAS STEADILY GROWN.THE CGCOA HAS PROVIDED KEY LEADERSHIP TO THE ELECTRONIC DISTRIBUTION OF GOLF INVENTORY SYSTEM OPERATORS. IT PLAYED A KEY ROLE IN DEVELOPMENT OF INDUSTRY STANDARDS FOR ALL RESERVATION, POINT OF SALE, YIELD MANAGEMENT SYSTEMS, ETC. THIS MEANS THAT SYSTEMS CAN TALK TO EACH OTHER AND ENABLES OUR MEMBERS TO INTERFACE MORE EASILY WITH OTHER SEGMENTS OF THE TRAVEL AND GOLF INDUSTRIES. THE LOCAL ASSOCIATION HAS ALSO BEEN INSTRUMENTAL IN GETTING THE NECESSARY TERMS AND CONTRACTUAL ARRANGEMENTS TO PROVIDE SECURITY OF DATA, AND VERY BENEFICIAL FINANCIAL RETURNS AS A RESULT. THIS HAS ENABLED OUR MEMBERS TO MOVE FORWARD MORE QUICKLY TO AN INTERNET BASED RESERVATION SYSTEM AND TO HAVE THE BENEFIT OF WORKING WITH OTHER DESTINATION GROUPS TO NEGOTIATE IMPROVED FUNCTIONALITY AND BENEFITS FROM OUR SUPPLIERS.SERVED AND PARTICIPATED IN SCGCOA ACTIVITIES TO SUPPORT LOCAL CHAPTER GOALS INCLUDING STATEWIDE GOLF COURSE OPERATIONS ISSUES SUCH AS LEGISLATIVE AND MARKETING.AS A RESULT OF EFFORTS WE HAVE GOTTEN MORE SC STATE PRT ASSISTANCE AND MORE INPUT AS TO THE DIRECTION OF TOURISM MARKETING FUNDS. OUR EXECUTIVE DIRECTOR ATTENDS TOURISM STEERING COMMITTEE MEETINGS IN THE CAPITOL TO FACILITATE INPUT AND SERVE AT THE GOVERNORS AND PRT REQUEST TO REPRESENT THE GOLF INDUSTRY FOR SC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anton J Sedalik Jr Executive Director | Officer | 40 | $166,933 |
Greg Wood President | OfficerTrustee | 1 | $0 |
Marty Mikesell Sec/treasurer | OfficerTrustee | 1 | $0 |
Jeff Minton Vice President | OfficerTrustee | 1 | $0 |
Brian Gerard Trustee/board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $4,800 |
| 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 | $4,800 |
| Total Program Service Revenue | $0 |
| Investment income | $24,730 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $44,628 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $74,158 |
| 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. | $142,676 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,535 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $789 |
| Advertising and promotion | $0 |
| Office expenses | $22,850 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,320 |
| Travel | $1,048 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,533 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $134 |
| Insurance | $7,857 |
| All other expenses | $8,616 |
| Total functional expenses | $216,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,893 |
| Savings and temporary cash investments | $59,541 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $66 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,683,686 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,366 |
| Total assets | $1,855,552 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $255,698 |
| 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 | $0 |
| Total liabilities | $255,698 |
| Net assets without donor restrictions | $1,599,854 |
| 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 | $1,855,552 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Junior Golf Association Braselton, GA | $10,685,034 | $16,403,049 |
Druid Hills Golf Club Atlanta, GA | $32,860,393 | $19,141,362 |
U S Kids Golf Foundation Inc Norcross, GA | $6,729,022 | $10,107,492 |
Spring Island Club Okatie, SC | $20,372,733 | $10,747,020 |
Carolinas Golf Association Southern Pines, NC | $7,201,901 | $7,597,187 |
Highlands Falls Country Club Inc Highlands, NC | $17,573,731 | $5,732,867 |
Bobby Jones Golf Course Foundation Inc Atlanta, GA | $34,301,946 | $5,982,805 |
Georgia State Golf Association Inc Atlanta, GA | $4,442,006 | $3,528,444 |
Youth Golf Foundation Of The Carolinas Charlotte, NC | $5,362,878 | $1,885,876 |
Charleston Junior Golf Foundation Mount Pleasant, SC | $1,783,502 | $1,695,074 |
South Carolina Golf Association Columbia, SC | $1,912,487 | $1,341,698 |
Southern Seniors Golf Association Marietta, GA | $554,613 | $1,105,501 |