Civic Intelligence

Shaker Ridge Country Club Inc

EIN 14-1057690 • 501(c)7 • Albany, NY

NTEE N50

Profile

To promote social interaction among the members by means of dinners, dances, musical and /or kindred forms of entertainment and to further athletic exercise and sports particularly though not limited to the game of golf the game of tennis and swimming

802 Albany Shaker RoadAlbany, NY 12211

www.shakerridge.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.34x

Higher debt load relative to assets than 96% of similar nonprofits.

NTEE N • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

1.21x

Higher debt load relative to revenue than 91% of similar nonprofits.

NTEE N • $1M-$5M nonprofits • Source year 2024

Net Margin

29th percentile

-1.1%

Higher net margin than 29% of similar nonprofits.

NTEE N • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

61st percentile

$0

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE N • $1M-$5M nonprofits • Source year 2024

Asset Growth

30th percentile

-1.3%

Faster asset growth than 30% of similar nonprofits.

NTEE N • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

9.2%

Faster revenue growth than 54% of similar nonprofits.

NTEE N • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$2,278,300

Down $30,058 (-1.3%) from 2023

Liabilities

Down

$3,059,906

Down $1,594 (-0.1%) from 2023

Net Assets

Down

-$781,606

Down $28,464 (-3.8%) from 2023

Revenue

Up

$2,519,758

Up $211,926 (+9.2%) from 2023

Expenses

Up

$2,548,222

Up $4,282 (+0.2%) from 2023

Net Income

Up

-$28,464

Up $207,644 (+88%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$2.0M$0-$2.0MAssets 2011: $2,415,911Liabilities 2011: $2,269,820Net Assets 2011: $146,0912011Assets 2012: $2,807,368Liabilities 2012: $2,802,316Net Assets 2012: $5,0522012Assets 2013: $2,605,087Liabilities 2013: $2,825,978Net Assets 2013: -$220,8912013Assets 2014: $2,536,838Liabilities 2014: $2,898,080Net Assets 2014: -$361,2422014Assets 2015: $2,313,660Liabilities 2015: $2,725,632Net Assets 2015: -$411,9722015Assets 2016: $2,233,054Liabilities 2016: $2,680,628Net Assets 2016: -$447,5742016Assets 2017: $2,257,877Liabilities 2017: $2,722,378Net Assets 2017: -$464,5012017Assets 2018: $2,161,144Liabilities 2018: $2,638,082Net Assets 2018: -$476,9382018Assets 2020: $1,888,175Liabilities 2020: $2,475,447Net Assets 2020: -$587,2722020Assets 2021: $2,881,920Liabilities 2021: $3,436,911Net Assets 2021: -$554,9912021Assets 2022: $2,642,328Liabilities 2022: $3,159,362Net Assets 2022: -$517,0342022Assets 2023: $2,308,358Liabilities 2023: $3,061,500Net Assets 2023: -$753,1422023Assets 2024: $2,278,300Liabilities 2024: $3,059,906Net Assets 2024: -$781,6062024

Highlighted filing

2024

Assets$2,278,300
Liabilities$3,059,906
Net Assets-$781,606

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,776,370Expenses 2011: $1,873,628Net Income 2011: -$97,2582011Revenue 2012: $1,690,197Expenses 2012: $1,834,736Net Income 2012: -$144,5392012Revenue 2013: $1,713,408Expenses 2013: $1,939,351Net Income 2013: -$225,9432013Revenue 2014: $1,829,003Expenses 2014: $1,969,354Net Income 2014: -$140,3512014Revenue 2015: $1,937,450Expenses 2015: $1,988,180Net Income 2015: -$50,7302015Revenue 2016: $2,004,636Expenses 2016: $2,040,238Net Income 2016: -$35,6022016Revenue 2017: $2,098,877Expenses 2017: $2,115,804Net Income 2017: -$16,9272017Revenue 2018: $2,130,871Expenses 2018: $2,143,308Net Income 2018: -$12,4372018Revenue 2020: $2,042,093Expenses 2020: $1,951,954Net Income 2020: $90,1392020Revenue 2021: $2,221,673Expenses 2021: $2,189,392Net Income 2021: $32,2812021Revenue 2022: $2,276,100Expenses 2022: $2,238,143Net Income 2022: $37,9572022Revenue 2023: $2,307,832Expenses 2023: $2,543,940Net Income 2023: -$236,1082023Revenue 2024: $2,519,758Expenses 2024: $2,548,222Net Income 2024: -$28,4642024

Highlighted filing

2024

Revenue$2,519,758
Expenses$2,548,222
Net Income-$28,464

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2023 to Oct 31, 2024
Signed
Jan 31, 2025
Return Version
2023v6.0
Gross Receipts
$2,519,758
Mission and Program Overview

Mission

To promote social interaction among the members by means of dinners, dances, musical and /or kindred forms of entertainment and to further athletic exercise and sports particularly though not limited to the game of golf the game of tennis and swimming

To promote social interaction among the members by means of dinners, dances, musical and/or kindred forms of entertainment and to further athletic exercise and sports particularly though not limited to the game of golf the game of tennis and swimming.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,342,481$1,331,152▼ $11,329
Cash and Non-Interest-Bearing Accounts$460,132$553,160▲ $93,028
Savings and Temporary Cash Investments$254,917$171,918▼ $82,999
Accounts Receivable$201,006$168,238▼ $32,768
Prepaid Expenses and Deferred Charges$39,722$45,502▲ $5,780
Inventories for Sale or Use$10,100$8,330▼ $1,770
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$2,308,358$2,278,300▼ $30,058
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,439,040$2,391,452▼ $47,588
Other Liabilities$610,429$651,669▲ $41,240
Accounts Payable and Accrued Expenses$12,031$16,785▲ $4,754
Total Liabilities$3,061,500$3,059,906▼ $1,594
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,500$3,500→ $0
Net Assets Without Donor Restrictions$-756,642$-785,106▼ $28,464
Total Net Assets Fund Balance$-753,142$-781,606▼ $28,464
Total Liabilities and Net Assets / Fund Balance$2,308,358$2,278,300▼ $30,058

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$639,592$2,630,965$3,270,557
Buildings$261,840$2,924,193$3,186,033
Equipment$429,720$1,052,221$1,481,941
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nick AntenucciPresident
Mark RoachVice President
Chris DennisImm. Past Pres.
Kim ScheuerSecretary
Harry KabalianTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,458,246
Investment Income
$11,081
Other Revenue
$50,431
Change in Net Assets
$-28,464
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,322,972
Salaries, Compensation, and Employee Benefits$1,225,250
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$869,186$94,392-$963,578
Depreciation Depletion$330,305$8,382-$338,687
Insurance$133,432$4,010-$137,442
Payroll Taxes$121,866$13,234-$135,100
Other Employee Benefits$104,005$11,295-$115,300
Interest$99,447$5,219-$104,666
All Other Expenses$76,705--$76,705
Fees for Services Other$69,719$4,502-$74,221
Other Expenses$38,867$2,046-$40,913
Information Technology$21,311$13,736-$35,047
Pension Plan Contributions$10,168$1,104-$11,272
Fees for Services Accounting-$10,000-$10,000
Office Expenses$7,137$1,892-$9,029
Advertising$2,987--$2,987
Fees for Services Legal-$306-$306
Total Functional Expenses$2,367,662$180,560$0$2,548,222
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Income$636,131
Agency Funds Payable$11,436
Sales Tax Payable$4,102
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Members are elected to hold officer positions yearly.

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

The organization's members hold meetings and hold elections for officers.

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

The governing body meets regularly to vote on matters of the organization.

Form 990, Part VI, Section B, Line 11B

The tax return is reviewed with officers of the organization.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Shaker Ridge Country Club Inc
EIN
14-1057690
Phone
5188690246
Address
802 ALBANY SHAKER ROAD, ALBANY, NY 12211

Signing Officer

Name
Harry Kabalian
Title
Treasurer
Signed
2025-01-31
Discuss with paid preparer
Yes

Organization Details

Formed
1929
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
73

Preparer

Firm
Marchese & Espey CPAS PC
Address
2 Executive Park Drive, Clifton Park, NY 12065
Preparer
Donald R EspeyJrCPA
Phone
5182806750
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt094392
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0869186
IRS990/OtherSalariesAndWagesGrp/TotalAmt0963578
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013234
IRS990/PayrollTaxesGrp/ProgramServicesAmt0121866
IRS990/PayrollTaxesGrp/TotalAmt0135100
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01104
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010168
IRS990/PensionPlanContributionsGrp/TotalAmt011272
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt039722
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt045502
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/BusinessCd1713910
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES ASSESSMEN
IRS990/ProgramServiceRevenueGrp/Desc1NONMEMBER FACILITY USE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02370824
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02370824
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt187422
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt087422
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt07140
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01435442
IRS990/PYOtherRevenueAmt033550
IRS990/PYProgramServiceRevenueAmt02267142
IRS990/PYRevenuesLessExpensesAmt0-236108
IRS990/PYSalariesCompEmpBnftPaidAmt01108498
IRS990/PYTotalExpensesAmt02543940
IRS990/PYTotalRevenueAmt02307832
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-28464
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0254917
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0171918
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0261840
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02924193
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03186033
IRS990ScheduleD/EquipmentGrp/BookValueAmt0429720
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01052221
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01481941
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0639592
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02630965
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03270557
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0636131
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111436
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24102
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED INCOME
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1AGENCY FUNDS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SALES TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01331152
IRS990ScheduleD/TotalLiabilityAmt0651669
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS ARE ELECTED TO HOLD OFFICER POSITIONS YEARLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S MEMBERS HOLD MEETINGS AND HOLD ELECTIONS FOR OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY MEETS REGULARLY TO VOTE ON MATTERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TAX RETURN IS REVIEWED WITH OFFICERS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02308358
IRS990/TotalAssetsEOYAmt02278300
IRS990/TotalAssetsGrp/BOYAmt02308358
IRS990/TotalAssetsGrp/EOYAmt02278300
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt073
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0180560
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02367662
IRS990/TotalFunctionalExpensesGrp/TotalAmt02548222
IRS990/TotalGrossUBIAmt087422
IRS990/TotalLiabilitiesBOYAmt03061500
IRS990/TotalLiabilitiesEOYAmt03059906
IRS990/TotalLiabilitiesGrp/BOYAmt03061500
IRS990/TotalLiabilitiesGrp/EOYAmt03059906
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-753142
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-781606
IRS990/TotalProgramServiceExpensesAmt02367662
IRS990/TotalProgramServiceRevenueAmt02458246
IRS990/TotalRevenueGrp/ExclusionAmt011081
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02421255
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02519758
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt087422
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02308358
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02278300
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0802 ALBANY SHAKER ROAD
IRS990/USAddress/CityNm0ALBANY
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd012211
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WebsiteAddressTxt0www.shakerridge.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HARRY KABALIAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHAKER RIDGE COUNTRY CLUB INC
ReturnHeader/Filer/BusinessNameControlTxt0SHAK
ReturnHeader/Filer/EIN0141057690
ReturnHeader/Filer/PhoneNum05188690246
ReturnHeader/Filer/USAddress/AddressLine1Txt0802 ALBANY SHAKER ROAD
ReturnHeader/Filer/USAddress/CityNm0ALBANY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012211
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141756892
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Marchese & Espey CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02 Executive Park Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clifton Park
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012065
ReturnHeader/PreparerPersonGrp/PhoneNum05182806750
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Donald R EspeyJrCPA
ReturnHeader/ReturnTs02025-02-15T06:20:58-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-11-01
ReturnHeader/TaxPeriodEndDt02024-10-31
ReturnHeader/TaxYr02023

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