SHELTER ISLAND MUNICIPAL GOLF SHELTER ISLAND COUNTRY CLUB

EIN: 833886098 501(c)(3) Recreation & Sports

SHELTER ISLAND HEIGHTS, NY

Total Revenue
$295,782
Total Expenses
$285,213
Total Assets
$231,751
Net Assets
$223,572
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NY
Principal Officer
GORDON CANTLEY
Phone
6315135565
Tax Period
2023-01-01 to 2023-12-31

SHELTER ISLAND MUNICIPAL GOLF SHELTER ISLAND COUNTRY CLUB, founded in 2019, is a small nonprofit in the Recreation & Sports sector that reported $296K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $285K left a modest 4% surplus.

Mission

IT IS THE MISSION OF THE SHELTER ISLAND MUNICIPAL GOLF COURSE, INC., TO PRESERVE, MAINTAIN AND MANAGE THE HISTORIC NINE-HOLE PUBLIC GOLF COURSE, KNOWN AFFECTIONATELY AS ?GOAT HILL,? SO IT REMAINS A VIBRANT CENTERPIECE OF SHELTER ISLAND LIVING. IT IS OUR AIM TO CONTINUE GOAT HILL?S REPUTATION OF ?PASTURE GOLF? AT ITS FINEST AND PRESERVING THE GAME OF GOLF AS IT WAS MEANT TO BE PLAYED. TO THAT END, THE ORGANIZATION IS COMMITTED TO PRESERVING THE TOWN-OWNED COURSE AS IT WAS FIRST DESIGNED IN 1901 AND TO KEEPING IT AFFORDABLE FOR RESIDENTS AND VISITORS ALIKE BY RETURNING ALL PROFITS TO CLUB OPERATIONS AND COURSE UPKEEP. IN DOING SO, GOAT HILL WILL REMAIN A SOURCE OF PRIDE FOR THE TOWN AND A SYMBOL OF THE ISLAND'S RICH HISTORY, AND WILL CONTINUE TO BE A CENTER FOR SOCIAL, RECREATIONAL, AND EDUCATIONAL ACTIVITIES, NOW AND INTO THE FUTURE.

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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 $108,095
Program Service Revenue $149,536
Investment Income $2
Other Revenue $38,149
TOTAL REVENUE $295,782

Expense Breakdown

Grants Paid $425
Salaries & Benefits $159,641
Fundraising Expenses $0
Program Expenses $261,763
Other Expenses $125,147
TOTAL EXPENSES $285,213

Year-over-Year Comparison

2023 2022 Change
Revenue $295,782 $327,376 -0.1%
Expenses $285,213 $256,204 +0.1%
Net Income $10,569 $71,172 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
256
Employees
1
Volunteers
N/A

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GORDON CANTLEY President 10.00
Officer Director
$0 $0 $0
KAREN GIBBS Vice President 5.00
Officer Director
$0 $0 $0
JULIA BEST Secretary 5.00
Officer Director
$0 $0 $0
JAMES F BUCKLAND Treasurer 10.00
Officer Director
$0 $0 $0
RICHARD STIEK Trustee 5.00
Director
$0 $0 $0
LINDA SPRINGER Trustee 5.00
Director
$0 $0 $0
JIM GEREGHTY Trustee 5.00
Director
$0 $0 $0
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 $295,782 $285,213 $231,751 $10,569
2022 $327,376 $256,204 $223,013 $71,172
2021 $287,065 $244,324 $174,615 $42,741
2020 $311,399 $212,309 $102,630 $99,090
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