Social Club Of St Petersburg
- Assets
- $572.0k
- Revenue
- $58.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Saint Petersburg, FL
- Founding
- 09/2019
- Data as of
- 12/2022
- EIN
- 59-1967966
Organization Overview
Social Club Of St Petersburg is located in Saint Petersburg, FL. The organization was established in 2019. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Social Club Of St Petersburg is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Social Club Of St Petersburg generated $58.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $24.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SOCIAL CLUB OF ST PETERSBURG PROVIDES AN OUTLET FOR ITS MEMBERS TO PERSONALLY GROS, ENJOY FELLOWSHIP WITH ONE ANOTHER AND TO BE THERE FOR ONE ANOTHER. ACTIVITIES ARE CENTERED AROUND THE NEED OF SOCIAL INTERACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIAL CLUB OF ST PETERSBURG, IS A MEMBER-ONLY SOCIAL CLUB THAT PROVIDES MANY ACTIVITIES FOR ITS MEMBERS. THE ACTIVITIES OF THE ORGANIZATION ARE CENTERED AROUND THE NEED OF SOCIAL INTERACTION AND COMMUNITY OF ITS MEMBERS. THE CLUB PROVIDES AN OUTLET FOR ITS MEMBERS TO PERSONALLY GROW, ENJOY FELLOWSHIP WITH ONE ANOTHER, AND BE THERE FOR ONE ANOTHER DURING LIFES GOOD AND BAD TIMES. MEMBER SOCIAL CLUB IN ST PETERSBURG, FL. THE ORGANIZATION ALLOWS SOCIAL INTERACTIONS FOR ITS MEMBERS, AND CIVIC FUNCTIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Sokalski President | OfficerTrustee | 20 | $0 |
Joseph DE Marco Vice President | OfficerTrustee | 20 | $0 |
Louis J Curcio Treasurer | OfficerTrustee | 10 | $0 |
Anne DE Marco Director | OfficerTrustee | 1 | $0 |
Carol O'brien Director | OfficerTrustee | 1 | $0 |
Mary Caruso Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,577 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,596 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,173 |
| Total Program Service Revenue | $34,456 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$7,169 |
| 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 | $58,460 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $167 |
| Fees for services: Accounting | $124 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $606 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,368 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $57 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,949 |
| All other expenses | $3,623 |
| Total functional expenses | $24,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,993 |
| Savings and temporary cash investments | $0 |
| 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 | $524,912 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100 |
| Total assets | $572,005 |
| Accounts payable and accrued expenses | $1,039 |
| 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 | $170,476 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $171,515 |
| 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 | $131 |
| Retained earnings, endowment, accumulated income, or other funds | $400,359 |
| Total liabilities and net assets/fund balances | $572,005 |
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|---|---|---|
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Fort Lauderdale Country Club Inc Plantation, FL | $12,707,790 | $7,136,526 |
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Pine Tree Golf Club Inc Boynton Beach, FL | $18,885,592 | $6,834,924 |
Eagle Creek Golf And Country Club Inc Naples, FL | $20,413,284 | $6,219,223 |
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