THE SHOREHAVEN GOLF CLUB INCORPORATED

EIN: 060534650

EAST NORWALK, CT

Total Revenue
$12,577,920
Total Expenses
$11,824,555
Total Assets
$27,965,018
Net Assets
$23,178,692
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1924
Legal Domicile
CT
Principal Officer
BRENDAN MOYNIHAN
Phone
2038665528
Tax Period
2023-01-01 to 2023-12-31

THE SHOREHAVEN GOLF CLUB INCORPORATED, founded in 1924, is a mid-sized nonprofit that reported $12.6M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $11.8M left a modest 6% surplus.

Mission

THE SHOREHAVEN GOLF CLUB INC. IS A PRIVATE CLUB WHOSE OBJECTIVES ARE TO PROVIDE FACILITIES FOR MEMBERS AND THEIR GUESTS FOR GOLF, TENNIS, PADDLE TENNIS, SWIMMING AND SOCIAL EVENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $8,838,456
Investment Income $98,193
Other Revenue $3,641,271
TOTAL REVENUE $12,577,920

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,595,400
Fundraising Expenses $0
Other Expenses $5,229,155
TOTAL EXPENSES $11,824,555

Year-over-Year Comparison

2023 2022 Change
Revenue $12,577,920 $11,239,309 +0.1%
Expenses $11,824,555 $11,106,774 +0.1%
Net Income $753,365 $132,535 +4.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
215
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
12
$0
Key Employees
2
$610,225
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT MERCER PRESIDENT 3.00
Officer Director
$0 $0 $0
SCOTT FEINSTEIN VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
MARC HEROLD 2ND VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
BRENDAN MOYNIHAN TREASURER 3.00
Officer Director
$0 $0 $0
JOHN FLAHERTY SECRETARY 3.00
Officer Director
$0 $0 $0
PETER DITOMASSO BOARD MEMBER 3.00
Director
$0 $0 $0
NANCY DUPIER BOARD MEMBER 3.00
Director
$0 $0 $0
DOUG SMITH BOARD MEMBER 3.00
Director
$0 $0 $0
DANIELLE MANCUSO BOARD MEMBER 3.00
Director
$0 $0 $0
CHRIS SAUNDERS BOARD MEMBER 3.00
Director
$0 $0 $0
JOHN STEFANI BOARD MEMBER 3.00
Director
$0 $0 $0
BOB SCOTT BOARD MEMBER 4.00
Director
$0 $0 $0
JAMES CONNOLLY GM/COO 40.00
Key Emp
$281,055 $47,527 $328,582
RYAN SEGRUE DIRECTOR OF GROUNDS 40.00
Key Emp
$256,567 $25,076 $281,643
MIKE LAGANZA HEAD GOLF PRO 40.00
Highest
$211,709 $32,499 $244,208
MARCO ROJAS ASSISTANT GENERAL MANAGER 40.00
Highest
$174,757 $22,305 $197,062
SERGIO REYES EXECUTIVE CHEF 40.00
Highest
$205,496 $34,188 $239,684
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $12,577,920 $11,824,555 $27,965,018 $753,365
2022 $11,239,309 $11,106,774 $27,698,766 $132,535
2021 $11,733,505 $10,130,535 $28,413,328 $1,602,970
2020 $10,876,014 $8,888,319 $27,275,401 $1,987,695
2019 $10,315,100 $9,185,950 $25,931,017 $1,129,150
2018 $9,906,099 $8,714,069 $25,056,328 $1,192,030
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