Civic Intelligence

Sakonnet Point Club Inc

990 • Fiscal year 2013 • EIN 05-0496668

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 15, 2014

Organization ProfileWWW.SAKONNETPOINTCLUB.ORG
PO Box 299L Compton, RI 02837

(401) 635-2582

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.81x

Higher debt load relative to assets than 88% of similar nonprofits.

2013 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

99th percentile

5.37x

Higher debt load relative to revenue than 99% of similar nonprofits.

2013 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2013

Net Margin

79th percentile

7.4%

Higher net margin than 79% of similar nonprofits.

2013 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

37th percentile

$114,178

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2013 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2013

Asset Growth

28th percentile

-3.1%

Faster asset growth than 28% of similar nonprofits.

2013 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

17th percentile

-4.2%

Faster revenue growth than 17% of similar nonprofits.

2013 filings • 501(c)7 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$7,840,850

Down $254,871 (-3.1%) from 2012

Net Assets

Up

$1,471,934

Up $87,697 (+6.3%) from 2012

Liabilities

Down

$6,368,916

Down $342,568 (-5.1%) from 2012

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin79th percentile

Revenue

Down

$1,185,698

Down $51,853 (-4.2%) from 2012

Expenses

Up

$1,098,001

Up $87,232 (+8.6%) from 2012

Net Income

Down

$87,697

Down $139,085 (-61%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0Assets 2011: $8,345,467Liabilities 2011: $7,188,014Net Assets 2011: $1,157,4532011Assets 2012: $8,095,721Liabilities 2012: $6,711,484Net Assets 2012: $1,384,2372012Assets 2013: $7,840,850Liabilities 2013: $6,368,916Net Assets 2013: $1,471,9342013Assets 2014: $7,467,413Liabilities 2014: $5,938,039Net Assets 2014: $1,529,3742014Assets 2015: $7,284,157Liabilities 2015: $5,556,923Net Assets 2015: $1,727,2342015Assets 2016: $7,088,951Liabilities 2016: $5,303,920Net Assets 2016: $1,785,0312016Assets 2017: $7,000,799Liabilities 2017: $5,182,033Net Assets 2017: $1,818,7662017Assets 2018: $6,909,978Liabilities 2018: $4,899,226Net Assets 2018: $2,010,7522018Assets 2019: $6,911,861Liabilities 2019: $5,442,325Net Assets 2019: $1,469,5362019Assets 2020: $7,617,258Liabilities 2020: $6,144,074Net Assets 2020: $1,473,1842020Assets 2021: $8,428,940Liabilities 2021: $6,509,840Net Assets 2021: $1,919,1002021Assets 2022: $8,588,800Liabilities 2022: $7,749,263Net Assets 2022: $839,5372022Assets 2023: $8,535,098Liabilities 2023: $7,642,800Net Assets 2023: $892,2982023Assets 2024: $8,110,583Liabilities 2024: $7,739,123Net Assets 2024: $371,4602024

Highlighted filing

2013

Assets$7,840,850
Liabilities$6,368,916
Net Assets$1,471,934
Open 2013 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2011: $1,496,233Expenses 2011: $1,063,073Net Income 2011: $433,1602011Revenue 2012: $1,237,551Expenses 2012: $1,010,769Net Income 2012: $226,7822012Revenue 2013: $1,185,698Expenses 2013: $1,098,001Net Income 2013: $87,6972013Revenue 2014: $1,309,437Expenses 2014: $1,038,688Net Income 2014: $270,7492014Revenue 2015: $1,287,493Expenses 2015: $1,089,633Net Income 2015: $197,8602015Revenue 2016: $1,192,362Expenses 2016: $1,134,565Net Income 2016: $57,7972016Revenue 2017: $1,174,780Expenses 2017: $1,141,045Net Income 2017: $33,7352017Revenue 2018: $1,409,865Expenses 2018: $1,217,879Net Income 2018: $191,9862018Revenue 2019: $1,290,675Expenses 2019: $1,259,608Net Income 2019: $31,0672019Revenue 2020: $1,282,488Expenses 2020: $1,278,840Net Income 2020: $3,6482020Revenue 2021: $1,768,082Expenses 2021: $1,322,166Net Income 2021: $445,9162021Revenue 2022: $1,549,337Expenses 2022: $1,388,422Net Income 2022: $160,9152022Revenue 2023: $1,563,174Expenses 2023: $1,537,542Net Income 2023: $25,6322023Revenue 2024: $1,341,509Expenses 2024: $1,877,410Net Income 2024: -$535,9012024

Highlighted filing

2013

Revenue$1,185,698
Expenses$1,098,001
Net Income$87,697
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 15, 2014
Return Version
2013v3.0
Gross Receipts
$1,940,690
Mission and Program Overview

Mission

Founded in 1998 to revitalize an historic harbor property and to preserve its storied heritage, the sakonnet point club's mission is to provide members and their guests access to sakonnet waters, as well as offer quality, complementary activities such as boating, swimming, exercising, dining and socializing in setting of unmatched harbor and ocean views. The club is fully committed to maintaining a relaxed, family focused and welcoming atmosphere, and managing its financial affairs in a responsible manner.

Social club with a nautical focus

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,571,060$5,614,249▲ $43,189
Inventories for Sale or Use$1,644,631$1,637,101▼ $7,530
Cash and Non-Interest-Bearing Accounts$491,692$260,550▼ $231,142
Accounts Receivable$254,225$194,974▼ $59,251
Prepaid Expenses and Deferred Charges$27,097$101,286▲ $74,189
Intangible Assets$41,516$32,690▼ $8,826
Total Assets$8,095,721$7,840,850▼ $254,871
Other Assets Total$65,500$0▼ $65,500
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,773,073$3,548,405▼ $224,668
Other Liabilities$2,726,463$2,607,246▼ $119,217
Deferred Revenue$152,472$133,858▼ $18,614
Accounts Payable and Accrued Expenses$59,476$79,407▲ $19,931
Total Liabilities$6,711,484$6,368,916▼ $342,568
Net Assets / Fund Balance
Unrestricted Net Assets$1,384,237$1,471,934▲ $87,697
Total Net Assets Fund Balance$1,384,237$1,471,934▲ $87,697
Total Liabilities and Net Assets / Fund Balance$8,095,721$7,840,850▼ $254,871

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,676,559$708,549$5,385,108
Equipment$266,216$551,538$817,754
Land$444,086-$444,086
Leasehold Improvements$227,388$76,667$304,055
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Sullivan Michael TClub ManagerFT$114,178$114,178

Board Members and Trustees

NameTitle
Burns ChristopherPresident
Sheridan R KellyVice President
Acebes CarlDirector
Bridgen WilliamDirector
Brooks RobertDirector
Cissel PaulDirector
Froggat TomothyDirector
Hemerlein CatherineDirector
Mataronas MargaretDirector
Merriman VirginiaDirector
Montgomery JohnDirector
Osborn David SDirector
Philippi JaneDirector
Redding JamesDirector
Mueller Elizabeth TSecretary
Morrison Scott aTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,339,720
Investment Income
$438
Other Revenue
$-154,460
Change in Net Assets
$87,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$877,859
Salaries, Compensation, and Employee Benefits$220,142
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion-$201,745-$201,745
Other Salaries and Wages$114,546$76,833-$191,379
Interest-$154,813-$154,813
Fees for Services Other-$110,098-$110,098
All Other Expenses$47,651$20,788-$68,439
Insurance$721$51,723-$52,444
Other Expenses$25,841$15,770-$41,611
Advertising$20,228--$20,228
Office Expenses-$19,513-$19,513
Payroll Taxes$12,089$5,428-$17,517
Other Employee Benefits$5,667$5,579-$11,246
Travel$24--$24
Total Functional Expenses$435,711$662,290$0$1,098,001
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Club Memebers Bond Fund$2,600,000
Sales Tax Payable$3,950
Payroll Tax Payable$3,296
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Directors james redding and catherine hemerlein share a family relationship.”

Form 990, Part VI, Section A, Line 6

“Line 6 explanation - the club has 356 members as of december 31, 2013.”

Form 990, Part VI, Section A, Line 7A

“Line 7a explanation - the club's members have the authority to elect members of the board.”

Form 990, Part VI, Section B, Line 11

“The audit subcommittee of the board reviews the forms 990 and 990-t prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to sign an annual statement that they have no conflicts at the first board meeting after the annual meeting.”

Form 990, Part VI, Section B, Line 15A

“The club's general manager's compensation decision process is subject to independent approval.”

Form 990, Part VI, Section C, Line 19

“No other documents available to the public.”

Filing and Contact Details

Filer

EIN
05-0496668
Phone
4016352582

Signing Officer

Name
Scott a Morrison
Title
Treasurer
Phone
4016352490
Signed
2014-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott a Morrison
Formed
1998
Legal Domicile
Ri
Voting Board Members
16
Independent Board Members
16
Employees
51
Volunteers
0

Preparer

Preparer
Benjamin W Block
Phone
9087669800
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 3B

“The club's unrelated business gross income is less than $1,000.”

Form 990, Part IX, Line 11G

“Professional fees: program service expenses 0. Management and general expenses 110,098. Fundraising expenses 0. Total expenses 110,098.”

Raw XML AppendixShowing 400 of 473 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt059476
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt079407
IRS990/AccountsReceivableGrp/BOYAmt0254225
IRS990/AccountsReceivableGrp/EOYAmt0194974
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SOCIAL CLUB WITH A NAUTICAL FOCUS
IRS990/AdvertisingGrp/ProgramServicesAmt020228
IRS990/AdvertisingGrp/TotalAmt020228
IRS990/AllAffiliatesIncludedInd01
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt020788
IRS990/AllOtherExpensesGrp/ProgramServicesAmt047651
IRS990/AllOtherExpensesGrp/TotalAmt068439
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10PEGGY BODINGTON
IRS990/BooksInCareOfDetail/PhoneNum04016352500
IRS990/BooksInCareOfDetail/USAddress/AddressLine102 MEETING HOUSE LANE
IRS990/BooksInCareOfDetail/USAddress/City0LITTLE COMPTON
IRS990/BooksInCareOfDetail/USAddress/State0RI
IRS990/BooksInCareOfDetail/USAddress/ZIPCode002837
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0491692
IRS990/CashNonInterestBearingGrp/EOYAmt0260550
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CostOfGoodsSoldAmt0754992
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0438
IRS990/CYOtherExpensesAmt0877859
IRS990/CYOtherRevenueAmt0-154460
IRS990/CYProgramServiceRevenueAmt01339720
IRS990/CYRevenuesLessExpensesAmt087697
IRS990/CYSalariesCompEmpBnftPaidAmt0220142
IRS990/CYTotalExpensesAmt01098001
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01185698
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0152472
IRS990/DeferredRevenueGrp/EOYAmt0133858
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0201745
IRS990/DepreciationDepletionGrp/TotalAmt0201745
IRS990/Desc0CLUB SERVICES 360 MEMBERS AND 77 OFF-SEASON PRIVILEGE HOLDERS, PROVIDING SOCIAL AND RECREATIONAL OPPORTUNITIES FOR MEMBERS AND THEIR GUESTS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt051
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/ExpenseAmt0435711
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0110098
IRS990/FeesForServicesOtherGrp/TotalAmt0110098
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt315.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt105.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt115.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt155.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1655.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/PersonNm0ACEBES CARL
IRS990/Form990PartVIISectionAGrp/PersonNm1BRIDGEN WILLIAM
IRS990/Form990PartVIISectionAGrp/PersonNm2BROOKS ROBERT
IRS990/Form990PartVIISectionAGrp/PersonNm3BURNS CHRISTOPHER
IRS990/Form990PartVIISectionAGrp/PersonNm4CISSEL PAUL
IRS990/Form990PartVIISectionAGrp/PersonNm5FROGGAT TOMOTHY
IRS990/Form990PartVIISectionAGrp/PersonNm6HEMERLEIN CATHERINE
IRS990/Form990PartVIISectionAGrp/PersonNm7MATARONAS MARGARET
IRS990/Form990PartVIISectionAGrp/PersonNm8MERRIMAN VIRGINIA
IRS990/Form990PartVIISectionAGrp/PersonNm9MONTGOMERY JOHN
IRS990/Form990PartVIISectionAGrp/PersonNm10MORRISON SCOTT A
IRS990/Form990PartVIISectionAGrp/PersonNm11MUELLER ELIZABETH T
IRS990/Form990PartVIISectionAGrp/PersonNm12OSBORN DAVID S
IRS990/Form990PartVIISectionAGrp/PersonNm13PHILIPPI JANE
IRS990/Form990PartVIISectionAGrp/PersonNm14REDDING JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm15SHERIDAN R KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm16SULLIVAN MICHAEL T
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16114178
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16CLUB MANAGER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01940690
IRS990/GrossReceiptsForPublicUseAmt00
IRS990/GrossSalesOfInventoryAmt0592613
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InitiationFeesAndCapContriAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt051723
IRS990/InsuranceGrp/ProgramServicesAmt0721
IRS990/InsuranceGrp/TotalAmt052444
IRS990/IntangibleAssetsGrp/BOYAmt041516
IRS990/IntangibleAssetsGrp/EOYAmt032690
IRS990/InterestGrp/ManagementAndGeneralAmt0154813
IRS990/InterestGrp/TotalAmt0154813
IRS990/InventoriesForSaleOrUseGrp/BOYAmt01644631
IRS990/InventoriesForSaleOrUseGrp/EOYAmt01637101
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0438
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0438
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01336754
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05571060
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05614249
IRS990/LandBldgEquipCostOrOtherBssAmt06951003
IRS990/LegalDomicileStateCd0RI
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SOCIAL CLUB WITH A NAUTICAL FOCUS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03773073
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03548405
IRS990/NetAssetsOrFundBalancesBOYAmt01384237
IRS990/NetAssetsOrFundBalancesEOYAmt01471934
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-162729
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-162379
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0350
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019513
IRS990/OfficeExpensesGrp/TotalAmt019513
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt065500
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05579
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05667
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011246
IRS990/OtherExpensesGrp/Desc0REPAIRS
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015770
IRS990/OtherExpensesGrp/ProgramServicesAmt094840
IRS990/OtherExpensesGrp/ProgramServicesAmt168503
IRS990/OtherExpensesGrp/ProgramServicesAmt245601
IRS990/OtherExpensesGrp/ProgramServicesAmt325841
IRS990/OtherExpensesGrp/TotalAmt094840
IRS990/OtherExpensesGrp/TotalAmt168503
IRS990/OtherExpensesGrp/TotalAmt245601
IRS990/OtherExpensesGrp/TotalAmt341611
IRS990/OtherLiabilitiesGrp/BOYAmt02726463
IRS990/OtherLiabilitiesGrp/EOYAmt02607246
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt07919
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt07919
IRS990/OtherRevenueTotalAmt07919
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt076833
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0114546
IRS990/OtherSalariesAndWagesGrp/TotalAmt0191379
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05428
IRS990/PayrollTaxesGrp/ProgramServicesAmt012089
IRS990/PayrollTaxesGrp/TotalAmt017517
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt027097
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0101286
IRS990/PrincipalOfficerNm0SCOTT A MORRISON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES & ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM SERVICE REIMBURSEMENT EXP
IRS990/ProgramServiceRevenueGrp/ExclusionAmt01277594
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt062126
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01277594
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt162126
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0374
IRS990/PYOtherExpensesAmt0828765
IRS990/PYOtherRevenueAmt0-93913
IRS990/PYProgramServiceRevenueAmt01331090
IRS990/PYRevenuesLessExpensesAmt0226782
IRS990/PYSalariesCompEmpBnftPaidAmt0182004
IRS990/PYTotalExpensesAmt01010769
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01237551
IRS990/ReconcilationRevenueExpnssAmt087697
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04676559
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0708549
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05385108
IRS990ScheduleD/EquipmentGrp/BookValueAmt0266216
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0551538
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0817754
IRS990ScheduleD/LandGrp/BookValueAmt0444086
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0444086
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0227388
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt076667
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0304055
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03296
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13950
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22600000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2CLUB MEMEBERS BOND FUND
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05614249
IRS990ScheduleD/TotalLiabilityAmt02607246
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CLUB'S UNRELATED BUSINESS GROSS INCOME IS LESS THAN $1,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS JAMES REDDING AND CATHERINE HEMERLEIN SHARE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 6 EXPLANATION - THE CLUB HAS 356 MEMBERS AS OF DECEMBER 31, 2013.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LINE 7A EXPLANATION - THE CLUB'S MEMBERS HAVE THE AUTHORITY TO ELECT MEMBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE AUDIT SUBCOMMITTEE OF THE BOARD REVIEWS THE FORMS 990 AND 990-T PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD MEMBERS ARE REQUIRED TO SIGN AN ANNUAL STATEMENT THAT THEY HAVE NO CONFLICTS AT THE FIRST BOARD MEETING AFTER THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CLUB'S GENERAL MANAGER'S COMPENSATION DECISION PROCESS IS SUBJECT TO INDEPENDENT APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 110,098. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 110,098.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 3B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0RI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,840,850
Liabilities
$6,368,916
Net assets
$1,471,934
Revenue
$1,185,698
Expenses
$1,098,001
Net income
$87,697
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.11$7.74$0.37$1.34$1.88$0.54
2023Detailed filing. Detailed filing data is available for this year.$8.54$7.64$0.89$1.56$1.54$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.59$7.75$0.84$1.55$1.39$0.16
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.43$6.51$1.92$1.77$1.32$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.62$6.14$1.47$1.28$1.28$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.91$5.44$1.47$1.29$1.26$0.03
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.91$4.90$2.01$1.41$1.22$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.00$5.18$1.82$1.17$1.14$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.09$5.30$1.79$1.19$1.13$0.06
2015Detailed filing. Detailed filing data is available for this year.$7.28$5.56$1.73$1.29$1.09$0.20
2014Detailed filing. Detailed filing data is available for this year.$7.47$5.94$1.53$1.31$1.04$0.27
2013Detailed filing. Detailed filing data is available for this year.$7.84$6.37$1.47$1.19$1.10$0.09
2012Summary only. Only limited summary data is available for this year.$8.10$6.71$1.38$1.24$1.01$0.23
2011Summary only. Only limited summary data is available for this year.$8.35$7.19$1.16$1.50$1.06$0.43
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)7 • $5M-$10M nonprofits