Silver Spring Country Club Incorporated

Organization Overview

Silver Spring Country Club Incorporated is located in Ridgefield, CT. The organization was established in 1954. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Silver Spring Country Club Incorporated employed 195 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silver Spring Country Club Incorporated 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, Silver Spring Country Club Incorporated generated $9.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $8.7m during the year ending 12/2021. While expenses have increased by 5.2% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE CLUB PROVIDES A GOLF COURSE, TENNIS AND SWIMMING FACILITIES FOR ITS MEMBERS. THE CLUB MAINTAINS A CLUBHOUSE IN WHICH DINING FACILITIES ARE AVAILABLE FOR THE MEMBERSHIP.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TAX EXEMPT CLUB ACTIVITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Karl Habib
General Manager
$257,702
William Cygan
Property Manager
$190,760
Glen Mcmurdo
Tennis Pro
$178,900
Eugene Mulak
Golf Pro
$165,050
Daniel Jones
Club Manager
$142,522
Jamie Santacroce
Controller
$122,036

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
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$0
Total Program Service Revenue$6,603,226
Investment income $10,627
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $61,800
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 $2,447,549
Miscellaneous Revenue$0
Total Revenue $9,562,196

Peer Organizations

Organization NameAssets
Glen Oaks Club Inc
Old Westbury, NY
$20,068,781
Sleepy Hollow Country Club Westchester
Scarborough, NY
$23,136,850
Wee Burn Country Club Inc
Darien, CT
$16,725,850
Piping Rock Club
Locust Valley, NY
$17,059,500
Oak Hill Country Club
Rochester, NY
$17,798,483
Greenwich Country Club
Greenwich, CT
$23,136,592
Harvard Club Of New York City
New York, NY
$14,784,742
Wellesley Country Club
Wellesley, MA
$17,353,733
Colony Club
New York, NY
$16,065,896
Creek Inc
Locust Valley, NY
$13,749,282
Woodway Country Club Incorporated
Darien, CT
$14,880,536
Round Hill Club Incorporated
Greenwich, CT
$13,385,000

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