Springdale Golf Club
- Assets
- $7.8m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 95
- Location
- Princeton, NJ
- Founding
- 12/1942
- Data as of
- 12/2021
- EIN
- 21-0568820
Organization Overview
Springdale Golf Club is located in Princeton, NJ. The organization was established in 1942. 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, Springdale Golf Club employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Springdale Golf Club 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, Springdale Golf Club generated $3.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $3.2m during the year ending 12/2021. While expenses have increased by 0.1% 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
THE CLUB'S MISSION IS TO PROMOTE THE SOCIAL AND PHYSICAL WELL-BEING OF ITS MEMBERS BY PROVIDING FACILITIES THAT ENABLE ITS MEMBERS TO INTERACT SOCIALLY WHILE ENJOYING THE SPORT OF GOLF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FACILITIES TO HOST MEMBER BANQUETS, DINING, MEETINGS WHILE ALSO PROVIDING A COURSE WHERE MEMBERS CAN IMPROVE, ENJOY AND COMPETE IN A FRIENDLY MANNER THE SPORT OF GOLF.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Pagliari General Manager | 40 | $140,997 | |
Erin Hamrick President | OfficerTrustee | 1 | $0 |
Christopher Van Buren Secretary | OfficerTrustee | 1 | $0 |
Dan Scheid Vice President | OfficerTrustee | 1 | $0 |
Martha Love Treasurer | OfficerTrustee | 1 | $0 |
Rusty Szurek Governor | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Troon Golf Llc Course Management | 12/30/20 | $1,814,551 |
Stewart Golf Service Golf Professional | 12/30/20 | $228,818 |
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 | $3,561,773 |
| Investment income | $133 |
| 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 | $167,403 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,729,309 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $990,055 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $123,918 |
| Payroll taxes | $97,566 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $254,035 |
| Advertising and promotion | $11,468 |
| Office expenses | $11,203 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $487,122 |
| Travel | $5,292 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $202,676 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $250,761 |
| Insurance | $130,336 |
| All other expenses | $147,844 |
| Total functional expenses | $3,244,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $803,454 |
| Savings and temporary cash investments | $266,134 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $247,265 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $61,300 |
| Prepaid expenses and deferred charges | $43,798 |
| Net Land, buildings, and equipment | $6,338,515 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,495 |
| Total assets | $7,769,961 |
| Accounts payable and accrued expenses | $296,131 |
| 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 | $7,102,593 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $224,338 |
| Total liabilities | $7,623,062 |
| Net assets without donor restrictions | $146,899 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $7,769,961 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Canoe Brook Country Club Summit, NJ | $49,012,793 | $22,669,304 |
Glen Oaks Club Inc Old Westbury, NY | $13,779,705 | $20,068,781 |
Saucon Valley Country Club Bethlehem, PA | $67,852,931 | $24,203,066 |
Sleepy Hollow Country Club Westchester Scarborough, NY | $36,824,085 | $23,136,850 |
Piping Rock Club Locust Valley, NY | $31,334,038 | $17,059,500 |
Philadelphia Cricket Club Philadelphia, PA | $37,903,760 | $20,280,729 |
Rolling Rock Club Ligonier, PA | $40,965,761 | $18,300,601 |
Oak Hill Country Club Rochester, NY | $24,513,885 | $17,798,483 |
The Ridgewood Country Club Paramus, NJ | $31,275,344 | $17,956,980 |
Montclair Golf Club Montclair, NJ | $32,931,083 | $17,687,834 |
Harvard Club Of New York City New York, NY | $57,363,784 | $14,784,742 |
Wilmington Country Club Wilmington, DE | $36,588,269 | $16,899,345 |