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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

SHOR501(c)(7) · MEDIUMNAICS 713910EIN 06-0534650

Shorehaven Golf Club Inc

East Norwalk, CT · founded 1926

14 filings on recordFY 2010–2023medium confidence

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FY23 Total Revenue

$12.58M

▲ 11.9% YoY

FY23 Total Expenses

$11.82M

▲ 6.5% YoY

Operating Margin

6.0%

revenue minus expenses ÷ revenue

Employees

215

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$12.6M

▲ 21.9% / 5y

Expenses

$11.8M

▲ 28.7% / 5y

Total Assets

$28.0M

▲ 7.8% / 5y

Total Liabilities

$4.8M

▼ 33.8% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$10.3M	$11.7M	$11.7M	$11.2M	$12.6M	+21.9%
Expenses	$9.2M	$10.1M	$10.1M	$11.1M	$11.8M	+28.7%
Net surplus	$1.1M	$1.6M	$1.6M	$133K	$753K	-33.3%
Total assets	$25.9M	$28.4M	$28.4M	$27.7M	$28.0M	+7.8%
Total liabilities	$7.2M	$6.1M	$6.1M	$5.3M	$4.8M	-33.8%
Net assets	$18.7M	$22.3M	$22.3M	$22.4M	$23.2M	+23.9%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
JAMES CONNOLLY GM/COO· 40h/wk	$281,055	$47,527
RYAN SEGRUE Director of Grounds· 40h/wk	$256,567	$25,076
MIKE LAGANZA Head Golf Professional· 40h/wk	$211,709	$32,499
SERGIO REYES Executive Chef· 40h/wk	$205,496	$34,188
MARCO ROJAS Assistant General Manager· 40h/wk	$174,757	$22,305

+ 12 unpaid officers/directors as reported (BOB SCOTT, BRENDAN MOYNIHAN, CHRIS SAUNDERS, +9 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
Brothers Fix It NORWALK, CT	HVAC VENDOR	$187,163
Mohamed Bahrami BOCA RATON, FL	Pool & racquet	$168,722

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBERSHIP DUES	$6,270,189
BUILDING RENOVATION ASSESSMENT	$1,009,920
CAPITAL IMPROVEMENT ASSESSMENT	$975,497
INITIATION FEES	$582,850

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$4.0M

▼ $837K paid down

Net land, buildings & equipment

$23.3M

book value, net of depreciation

Facility age

45%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX

Insurance	$341,915
Occupancy	$771,671
Depreciation & depletion	$1,427,765
Information technology	$96,000
Advertising & promotion	$672
Office expenses	$394,642
Legal fees	$41,445
Accounting fees	$28,200
Other professional fees	$82,441

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

SHOREHAVEN GOLF CLUB INC. 401(K) PLAN

pension · 66 participants · $4.4M assets · FY2024

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

SFounded in 1926, Shorehaven Golf Club Inc reported $12.58M of revenue for FY23, at an operating margin of 6.0%. Revenue moved up 11.9% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.

Source documents

▸ Form 990, FY2023 · period ending Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2021 · period ending Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

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