Civic Intelligence

Hanover Seaside Club Inc

990 • Fiscal year 2019 • EIN 56-0733557

Nov 01, 2018 to Oct 31, 2019 • Filed on Feb 03, 2020

Organization ProfileWWW.HANOVERSEASIDE.COM
601 South Lumina DriveWrightsville Beach, NC 28480

(910) 256-2726

Siviq Scores

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

Liabilities / Assets

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2019

Net Margin

5th percentile

-23%

Higher net margin than 5% of similar nonprofits.

2019 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

81st percentile

$45,639

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

2019 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2019

Asset Growth

12th percentile

-6.5%

Faster asset growth than 12% of similar nonprofits.

2019 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

12th percentile

-12%

Faster revenue growth than 12% of similar nonprofits.

2019 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets10th percentile

Assets

Down

$2,122,323

Down $148,002 (-6.5%) from 2018

Net Assets

Down

$2,122,323

Down $148,002 (-6.5%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue10th percentileNet Margin5th percentile

Revenue

Down

$647,750

Down $92,242 (-12%) from 2018

Expenses

Up

$795,752

Up $105,114 (+15%) from 2018

Net Income

Down

-$148,002

Down $197,356 (-400%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,350,731Liabilities 2011: $399,516Net Assets 2011: $1,951,2152011Assets 2012: $2,148,647Liabilities 2012: $256,719Net Assets 2012: $1,891,9282012Assets 2013: $2,130,521Liabilities 2013: $207,321Net Assets 2013: $1,923,2002013Assets 2014: $2,114,003Liabilities 2014: $150,501Net Assets 2014: $1,963,5022014Assets 2015: $2,144,542Liabilities 2015: $90,766Net Assets 2015: $2,053,7762015Assets 2016: $2,176,680Liabilities 2016: $9,296Net Assets 2016: $2,167,3842016Assets 2017: $2,226,215Liabilities 2017: $5,244Net Assets 2017: $2,220,9712017Assets 2018: $2,270,325Liabilities 2018: $0Net Assets 2018: $2,270,3252018Assets 2019: $2,122,323Liabilities 2019: $0Net Assets 2019: $2,122,3232019Assets 2020: $2,399,457Liabilities 2020: $106,713Net Assets 2020: $2,292,7442020Assets 2021: $3,445,208Liabilities 2021: $1,037,044Net Assets 2021: $2,408,1642021Assets 2022: $3,548,347Liabilities 2022: $1,034,219Net Assets 2022: $2,514,1282022Assets 2023: $3,447,530Liabilities 2023: $901,554Net Assets 2023: $2,545,9762023Assets 2024: $3,402,765Liabilities 2024: $817,448Net Assets 2024: $2,585,3172024

Highlighted filing

2019

Assets$2,122,323
Liabilities$0
Net Assets$2,122,323
Open 2019 Filing

Operations Trend

Revenue Growth12th percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $627,8522011Expenses 2012: $726,6772012Expenses 2013: $631,0542013Revenue 2014: $675,434Expenses 2014: $635,132Net Income 2014: $40,3022014Revenue 2015: $713,341Expenses 2015: $623,067Net Income 2015: $90,2742015Revenue 2016: $694,547Expenses 2016: $580,939Net Income 2016: $113,6082016Revenue 2017: $739,277Expenses 2017: $685,690Net Income 2017: $53,5872017Revenue 2018: $739,992Expenses 2018: $690,638Net Income 2018: $49,3542018Revenue 2019: $647,750Expenses 2019: $795,752Net Income 2019: -$148,0022019Revenue 2020: $783,413Expenses 2020: $612,992Net Income 2020: $170,4212020Revenue 2021: $861,676Expenses 2021: $746,256Net Income 2021: $115,4202021Revenue 2022: $1,032,607Expenses 2022: $926,643Net Income 2022: $105,9642022Revenue 2023: $1,175,190Expenses 2023: $1,143,342Net Income 2023: $31,8482023Revenue 2024: $978,108Expenses 2024: $900,952Net Income 2024: $77,1562024

Highlighted filing

2019

Revenue$647,750
Expenses$795,752
Net Income-$148,002
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Nov 1, 2018 to Oct 31, 2019
Signed
Feb 3, 2020
Return Version
2018v3.2
Gross Receipts
$714,745
Mission and Program Overview

Mission

To provide facilities for oceanside recreation to members and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,626,217$1,512,643▼ $113,574
Savings and Temporary Cash Investments$587,250$573,343▼ $13,907
Cash and Non-Interest-Bearing Accounts$48,825$27,643▼ $21,182
Inventories for Sale or Use$8,033$8,694▲ $661
Total Assets$2,270,325$2,122,323▼ $148,002
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$2,270,325$2,122,323▼ $148,002
Total Net Assets Fund Balance$2,270,325$2,122,323▼ $148,002
Total Liabilities and Net Assets / Fund Balance$2,270,325$2,122,323▼ $148,002

Asset Categories

AssetBook ValueDepreciationBasis
Land$718,470-$718,470
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Victor BrownGeneral ManaFT$45,639$45,639

Board Members and Trustees

NameTitle
Jan SheppardPresident
Andrew WaldenBoard Member
Armistead BoydBoard Member
Brad WallsBoard Member
Katrina MortonBoard Member
Mackey HughesBoard Member
Mark WilsonBoard Member
Mike PridgenBoard Member
Susan CollinsBoard Member
Tom CheathamBoard Member
Tracy MeadowsBoard Member
Eelco TingaFormer Presi
Dan HickmanSecretary/tr
Janet WarrenVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$596,106
Investment Income
$51,644
Other Revenue
$0
Change in Net Assets
$-148,002
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$587,318
Salaries, Compensation, and Employee Benefits$208,434
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$207,369
Other Salaries and Wages---$148,457
Depreciation Depletion---$81,533
Current Officers, Directors, Trustees, and Key Employees---$46,558
Fees for Services Accounting---$39,497
Insurance---$36,775
Office Expenses---$27,752
Information Technology---$26,586
Payroll Taxes---$13,419
Other Expenses---$4,115
All Other Expenses---$3,012
Fees for Services Other---$1,230
Interest---$1,096
Total Functional Expenses$0$0$0$795,752
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“MEMBERS”

Form 990, Page 6, Part VI, Line 7A

“The hanover seaside club has two membership classifications - regular and seasonal. Regular members are entitled to hold office, are subject to assessment, and have the power to vote as defined in the club constitution, including the election of officers and at-large members of the club board of directors. A seasonal member is not entitled to any of those privelages and may not be assessed but pays the same initiation fee and annual dues as regular members. Seasonal members may serve on standing committees.”

Form 990, Page 6, Part VI, Line 7B

“Decisions subject to the approval of members are defined in the hanover seaside club constitution and include election of the board of directors and the approval of annual and special assessments.”

Form 990, Page 6, Part VI, Line 11B

“The 990 is prepared by an independent cpa and then provided to the full governing body in draft form for review and comment prior to filing.”

Form 990, Page 6, Part VI, Line 15A

“The general manager's compensation is determined by the board of directors and is based on compensation for comparable positions in social clubs of similar size and scope in similar regions of the united states.”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Hanover Seaside Club
EIN
56-0733557
Phone
9102562726
Address
601 SOUTH LUMINA DRIVE, WRIGHTSVILLE BEACH, NC 28480

Signing Officer

Name
Dan Hickman
Title
Secretary/treasurer
Signed
2020-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jan Sheppard
Formed
1898
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
48
Volunteers
50

Preparer

Firm
Earney & Company Llp
Address
710 MILITARY CUTOFF RD STE 250, WILMINGTON, NC 28405-8364
Preparer
Ryan Skuce CPA
Phone
9102569995
Raw XML Appendix382 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE FACILITIES FOR OCEANSIDE RECREATION TO MEMBERS AND THEIR FAMILIES.
IRS990/AllOtherExpensesGrp/TotalAmt03012
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0DAN HICKMAN
IRS990/BooksInCareOfDetail/PhoneNum09102562726
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0601 SOUTH LUMINA
IRS990/BooksInCareOfDetail/USAddress/CityNm0WRIGHTSVILLE BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028480
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt048825
IRS990/CashNonInterestBearingGrp/EOYAmt027643
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt046558
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt051644
IRS990/CYOtherExpensesAmt0587318
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0596106
IRS990/CYRevenuesLessExpensesAmt0-148002
IRS990/CYSalariesCompEmpBnftPaidAmt0208434
IRS990/CYTotalExpensesAmt0795752
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0647750
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt081533
IRS990/Desc0N/A
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt048
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/ExpenseAmt0795752
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt039497
IRS990/FeesForServicesOtherGrp/TotalAmt01230
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
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/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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/PersonNm0EELCO TINGA
IRS990/Form990PartVIISectionAGrp/PersonNm1SUSAN COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm2BRAD WALLS
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm4JAN SHEPPARD
IRS990/Form990PartVIISectionAGrp/PersonNm5ANDREW WALDEN
IRS990/Form990PartVIISectionAGrp/PersonNm6KATRINA MORTON
IRS990/Form990PartVIISectionAGrp/PersonNm7MIKE PRIDGEN
IRS990/Form990PartVIISectionAGrp/PersonNm8TRACY MEADOWS
IRS990/Form990PartVIISectionAGrp/PersonNm9DAN HICKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10JANET WARREN
IRS990/Form990PartVIISectionAGrp/PersonNm11ARMISTEAD BOYD
IRS990/Form990PartVIISectionAGrp/PersonNm12TOM CHEATHAM
IRS990/Form990PartVIISectionAGrp/PersonNm13MACKEY HUGHES
IRS990/Form990PartVIISectionAGrp/PersonNm14VICTOR BROWN
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/ReportableCompFromOrgAmt1445639
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/TitleTxt0FORMER PRESI
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14GENERAL MANA
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01898
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt043997
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0110992
IRS990/GrossReceiptsAmt0714745
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt026586
IRS990/InsuranceGrp/TotalAmt036775
IRS990/InterestGrp/TotalAmt01096
IRS990/InventoriesForSaleOrUseGrp/BOYAmt08033
IRS990/InventoriesForSaleOrUseGrp/EOYAmt08694
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07647
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt07647
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01454438
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01626217
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01512643
IRS990/LandBldgEquipCostOrOtherBssAmt02967081
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt066995
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE FACILITIES FOR OCEANSIDE RECREATION TO MEMBERS AND THEIR FAMILIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02270325
IRS990/NetAssetsOrFundBalancesEOYAmt02122323
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt043997
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt043997
IRS990/NetUnrelatedBusTxblIncmAmt06647
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt0207369
IRS990/OfficeExpensesGrp/TotalAmt027752
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0COGS
IRS990/OtherExpensesGrp/Desc1FURNISHINGS & SMALL EQUIP
IRS990/OtherExpensesGrp/Desc2CLEANING / MAINTENANCE
IRS990/OtherExpensesGrp/Desc3REPAIRS
IRS990/OtherExpensesGrp/TotalAmt0134437
IRS990/OtherExpensesGrp/TotalAmt117479
IRS990/OtherExpensesGrp/TotalAmt26437
IRS990/OtherExpensesGrp/TotalAmt34115
IRS990/OtherSalariesAndWagesGrp/TotalAmt0148457
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/TotalAmt013419
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JAN SHEPPARD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/BusinessCd1722210
IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/BusinessCd3721000
IRS990/ProgramServiceRevenueGrp/BusinessCd4713990
IRS990/ProgramServiceRevenueGrp/Desc0MEMBER DUES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2RENTAL OF FACILITES
IRS990/ProgramServiceRevenueGrp/Desc3FEES
IRS990/ProgramServiceRevenueGrp/Desc4MERCHANDISE & EVENT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0251683
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1165028
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2117262
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt354675
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt47458
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0251683
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1165028
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2117262
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt354675
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt47458
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt02291
IRS990/PYOtherExpensesAmt0539405
IRS990/PYOtherRevenueAmt036509
IRS990/PYProgramServiceRevenueAmt0701192
IRS990/PYRevenuesLessExpensesAmt049354
IRS990/PYSalariesCompEmpBnftPaidAmt0151233
IRS990/PYTotalExpensesAmt0690638
IRS990/PYTotalRevenueAmt0739992
IRS990/ReconcilationRevenueExpnssAmt0-148002
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0587250
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0573343
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0718470
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0718470
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0718470
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE HANOVER SEASIDE CLUB HAS TWO MEMBERSHIP CLASSIFICATIONS - REGULAR AND SEASONAL. REGULAR MEMBERS ARE ENTITLED TO HOLD OFFICE, ARE SUBJECT TO ASSESSMENT, AND HAVE THE POWER TO VOTE AS DEFINED IN THE CLUB CONSTITUTION, INCLUDING THE ELECTION OF OFFICERS AND AT-LARGE MEMBERS OF THE CLUB BOARD OF DIRECTORS. A SEASONAL MEMBER IS NOT ENTITLED TO ANY OF THOSE PRIVELAGES AND MAY NOT BE ASSESSED BUT PAYS THE SAME INITIATION FEE AND ANNUAL DUES AS REGULAR MEMBERS. SEASONAL MEMBERS MAY SERVE ON STANDING COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS SUBJECT TO THE APPROVAL OF MEMBERS ARE DEFINED IN THE HANOVER SEASIDE CLUB CONSTITUTION AND INCLUDE ELECTION OF THE BOARD OF DIRECTORS AND THE APPROVAL OF ANNUAL AND SPECIAL ASSESSMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS PREPARED BY AN INDEPENDENT CPA AND THEN PROVIDED TO THE FULL GOVERNING BODY IN DRAFT FORM FOR REVIEW AND COMMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GENERAL MANAGER'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS AND IS BASED ON COMPENSATION FOR COMPARABLE POSITIONS IN SOCIAL CLUBS OF SIMILAR SIZE AND SCOPE IN SIMILAR REGIONS OF THE UNITED STATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02270325
IRS990/TotalAssetsEOYAmt02122323
IRS990/TotalAssetsGrp/BOYAmt02270325
IRS990/TotalAssetsGrp/EOYAmt02122323
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt048
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0795752
IRS990/TotalGrossUBIAmt07647
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02270325
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02122323
IRS990/TotalProgramServiceExpensesAmt0795752
IRS990/TotalProgramServiceRevenueAmt0596106
IRS990/TotalReportableCompFromOrgAmt045639
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0640103
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0647750
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt07647
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02270325
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02122323
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02270325
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02122323
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0601 SOUTH LUMINA DRIVE
IRS990/USAddress/CityNm0WRIGHTSVILLE BEACH
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028480
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.HANOVERSEASIDE.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAN HICKMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HANOVER SEASIDE CLUB
ReturnHeader/Filer/BusinessNameControlTxt0HANO
ReturnHeader/Filer/EIN0560733557
ReturnHeader/Filer/PhoneNum09102562726
ReturnHeader/Filer/USAddress/AddressLine1Txt0601 SOUTH LUMINA DRIVE
ReturnHeader/Filer/USAddress/CityNm0WRIGHTSVILLE BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028480
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0CAA2B539004588EFE0F09D38BC1522C750333F8B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06DFF68279EC33F81D5346EC9E8EBD1EB0FC975A6
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0165.166.195.114
ReturnHeader/FilingSecurityInformation/IPDt02020-02-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm008:38:57
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561719839
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EARNEY & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0710 MILITARY CUTOFF RD STE 250
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0284058364
ReturnHeader/PreparerPersonGrp/PhoneNum09102569995
ReturnHeader/PreparerPersonGrp/PreparationDt02020-02-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RYAN SKUCE CPA
ReturnHeader/ReturnTs02020-02-20T08:38:57-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-11-01
ReturnHeader/TaxPeriodEndDt02019-10-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,122,323
Liabilities
$0
Net assets
$2,122,323
Revenue
$647,750
Expenses
$795,752
Net income
-$148,002
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.40$0.82$2.59$0.98$0.90$0.08
2023Detailed filing. Detailed filing data is available for this year.$3.45$0.90$2.55$1.18$1.14$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.55$1.03$2.51$1.03$0.93$0.11
2021Detailed filing. Detailed filing data is available for this year.$3.45$1.04$2.41$0.86$0.75$0.12
2020Detailed filing. Detailed filing data is available for this year.$2.40$0.11$2.29$0.78$0.61$0.17
2019Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$0.65$0.80$0.15
2018Detailed filing. Detailed filing data is available for this year.$2.27$0.00$2.27$0.74$0.69$0.05
2017Detailed filing. Detailed filing data is available for this year.$2.23$0.01$2.22$0.74$0.69$0.05
2016Detailed filing. Detailed filing data is available for this year.$2.18$0.01$2.17$0.69$0.58$0.11
2015Summary only. Only limited summary data is available for this year.$2.14$0.09$2.05$0.71$0.62$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.11$0.15$1.96$0.68$0.64$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$0.21$1.92$0.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.26$1.89$0.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.40$1.95$0.63