Shelter Island Municipal Golf Course Inc
- Assets
- $174.6k
- Revenue
- $287.1k
- Investments
- $0.0
- Employees
- 12
- Location
- Shelter Island Hts, NY
- Founding
- 10/2019
- Data as of
- 12/2021
- EIN
- 83-3886098
Organization Overview
Shelter Island Municipal Golf Course Inc, operating under the name Shelter Island Country Club, is located in Shelter Island Hts, NY. The organization was established in 2019. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Shelter Island Country Club employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shelter Island Country Club is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Shelter Island Country Club generated $287.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $244.3k during the year ending 12/2021. 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
IT IS THE MISSION OF THE SHELTER ISLAND MUNICIPAL GOLF COURSE, INC., TO PRESERVE, MAINTAIN AND MANAGE THE HISTORIC NINE-HOLE PUBLIC GOLF COURSE, KNOWN AFFECTIONATELY AS GOAT HILL, SO IT REMAINS A VIBRANT CENTERPIECE OF SHELTER ISLAND LIVING. IT IS OUR AIM TO CONTINUE GOAT HILLS REPUTATION OF PASTURE GOLF AT ITS FINEST AND PRESERVING THE GAME OF GOLF AS IT WAS MEANT TO BE PLAYED. TO THAT END, THE ORGANIZATION IS COMMITTED TO PRESERVING THE TOWN-OWNED COURSE AS IT WAS FIRST DESIGNED IN 1901 AND TO KEEPING IT AFFORDABLE FOR RESIDENTS AND VISITORS ALIKE BY RETURNING ALL PROFITS TO CLUB OPERATIONS AND COURSE UPKEEP. IN DOING SO, GOAT HILL WILL REMAIN A SOURCE OF PRIDE FOR THE TOWN AND A SYMBOL OF THE ISLANDS RICH HISTORY, AND WILL CONTINUE TO BE A CENTER FOR SOCIAL, RECREATIONAL AND EDUCATIONAL ACTIVITIES, NOW AND INTO THE FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FURTHER AND FOSTER THE HERITAGE OF THE GAME OF GOLF.
DEPRECIATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Gibbs Vice Preside | Officer | $0 | |
Julia Best Secretary | Officer | $0 | |
Gordon Cantley President | Officer | $0 | |
James F Buckland Treasurer | Officer | $0 | |
Richard Stiek Trustee | $0 | ||
Linda Springer Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $70,165 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $54,603 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,768 |
| Total Program Service Revenue | $151,221 |
| Investment income | $77 |
| 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 | $10,999 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $287,065 |
| 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 | $131,409 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,792 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,154 |
| Office expenses | $745 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,593 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,266 |
| Insurance | $14,200 |
| All other expenses | $6,535 |
| Total functional expenses | $244,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,960 |
| Savings and temporary cash investments | $3,871 |
| 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 | $9,019 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $108,765 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $174,615 |
| Accounts payable and accrued expenses | $6,809 |
| 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 | $0 |
| Other liabilities | $25,975 |
| Total liabilities | $32,784 |
| Net assets without donor restrictions | $141,831 |
| 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 | $174,615 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Shelter Island Municipal Golf Course Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brooklyn Bridge Park Corporation Brooklyn, NY | $410,528,577 | $25,310,971 |
Inspirica Inc Stamford, CT | $38,438,849 | $9,454,101 |
Rewarding Environments For Adultliving Inc Elmont, NY | $6,389,376 | $6,709,006 |
Harlem Lacrosse And Leadership Corporation New York, NY | $2,915,816 | $6,267,239 |
Community Rowing Inc Brighton, MA | $16,273,081 | $6,722,803 |
Josiah Willard Hayden Recreation Center Inc Lexington, MA | $26,597,268 | $5,479,768 |
Monroe Community Sports Centre Corporation Rochester, NY | $10,874,985 | $2,546,542 |
Pilgrim Skating Arena Inc Hingham, MA | $11,883,485 | $3,566,472 |
Section Viii Of The New York State Public High Sch Athletic Assn Inc Garden City, NY | $2,112,612 | $1,625,215 |
St George Community Center I Inc Brooklyn, NY | $100,070 | $1,691,089 |
Knox Inc Hartford, CT | $1,543,474 | $1,697,399 |
Atlantic City Sports Commission Inc Atlantic City, NJ | $24,469 | $1,394,636 |