Atlantic Golf Club Foundation
- Assets
- $24.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bridgehampton, NY
- Founding
- 09/2001
- Data as of
- 12/2023
- EIN
- 11-3604532
Organization Overview
Atlantic Golf Club Foundation is located in Bridgehampton, NY. The organization was established in 2001. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Atlantic Golf Club Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Atlantic Golf Club Foundation generated $46.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $42.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Atlantic Golf Club Foundation has awarded 11 individual grants totaling $178,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ATLANTIC GOLF CLUB FOUNDATION WAS ORGANIZED TO RAISE, RECEIVE AND DISTRIBUTE FUNDS OR PROPERTY WITHOUT LIMITATION AS TO THE AMOUNT OR VALUE IN ORDER TO AID, ENCOURAGE, STIMULATE AND FOSTER CHARITABLE PURPOSES IN THE COMMUNITY THROUGH GRANTS, GIFTS OR OTHERWISE TO DESERVING INDIVIDUALS, GROUPS, INSTITUTIONS AND ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis A Suskind President | 3 | $0 | |
Thomas J Hughes Vice President | 3 | $0 | |
Eric Rothfeld Secretary | 3 | $0 | |
Ralph Rosenberg Treasurer | 3 | $0 | |
Corey Metz Governor | 3 | $0 | |
Gary Cohn Governor | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,400 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $38,184 |
| Other Revenue | $0 |
| Total Revenue | $46,584 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $64 |
| Total expenses | $42,064 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,299 |
| Other assets | $0 |
| Total assets | $24,299 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,299 |
Grants Awarded
Over the last fiscal year, Atlantic Golf Club Foundation has awarded $178,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BRIDGEHAMPTON COMMUNITY FOOD PANTRY PURPOSE: GENERAL SUPPORT | $17,000 |
EAST HAMPTON FOOD PANTRY PURPOSE: GENERAL SUPPORT | $22,000 |
HAMPTONS CHURCH PURPOSE: GENERAL SUPPORT | $17,000 |
SPRINGS FOOD PANTRY PURPOSE: GENERAL SUPPORT | $17,000 |
SOUTHAMPTON HOSPITAL FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
BRIDGEHAMPTON CHILD CARE & REC CENTER PURPOSE: GENERAL SUPPORT | $32,000 |