Vermont Golf Association Inc is located in Shelburne, VT. The organization was established in 1984. According to its NTEE Classification (N6A) the organization is classified as: Golf, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Vermont Golf Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Golf Association Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Vermont Golf Association Inc generated $534.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $486.4k during the year ending 12/2021. While expenses have increased by 3.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
PROMOTE THE SPORT OF GOLFING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HANDICAP SERVICES AND TOURNAMENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Goodchild Executive Dir. | Officer | 40 | $60,000 |
Steve Currie President | Officer | 4 | $0 |
Roger Schoenbeck Treasurer | Officer | 4 | $0 |
Steve Nardell Vice President | Officer | 4 | $0 |
Herb Eddy Past President | Officer | 4 | $0 |
Gene Maccallum Vice President | Officer | 4 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $34,500 |
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 | $34,500 |
Total Program Service Revenue | $479,672 |
Investment income | $166 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $534,078 |
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. | $60,000 |
Compensation of current officers, directors, key employees. | $15,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $99,790 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $13,408 |
Payroll taxes | $12,786 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,550 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $3,920 |
Office expenses | $1,004 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $9,178 |
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 | $10,000 |
Depreciation, depletion, and amortization | $4,766 |
Insurance | $0 |
All other expenses | $9,556 |
Total functional expenses | $486,437 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $304,526 |
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 | $7,150 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $311,676 |
Accounts payable and accrued expenses | $11,053 |
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 | $31,480 |
Other liabilities | $0 |
Total liabilities | $42,533 |
Net assets without donor restrictions | $0 |
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 | $269,143 |
Total liabilities and net assets/fund balances | $311,676 |
Over the last fiscal year, we have identified 1 grants that Vermont Golf Association Inc has recieved totaling $21,649.
Awarding Organization | Amount |
---|---|
United States Golf Association Liberty Corner, NJ PURPOSE: INTERNSHIP/SUBSIDY | $21,649 |
Organization Name | Assets | Revenue |
---|---|---|
Quaker Ridge Golf Club Inc Scarsdale, NY | $45,555,222 | $13,797,158 |
Scarsdale Golf Club Inc Hartsdale, NY | $24,959,613 | $12,672,303 |
Hempstead Golf Club Inc Hempstead, NY | $9,116,815 | $9,107,574 |
Blind Brook Club Inc Purchase, NY | $28,184,694 | $8,355,363 |
Westchester Hills Golf Club White Plains, NY | $7,065,789 | $7,028,257 |
Nissequogue Golf Club Inc St James, NY | $10,129,606 | $6,149,464 |
Massachusetts Golf Association Inc Norton, MA | $15,590,916 | $5,132,097 |
Hatherly Golf Club Inc N Scituate, MA | $7,824,887 | $4,661,399 |
First Tee New York Inc Bronx, NY | $7,549,038 | $6,113,567 |
Professional Golfers Assn New England Section Pga Of America Boylston, MA | $3,506,395 | $3,841,332 |
The Cummaquid Golf Club Of Yarmouth And Barnstable Inc Yarmouthport, MA | $8,327,661 | $3,361,650 |
Needham Golf Club Inc Needham, MA | $4,353,168 | $3,028,845 |