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

Shorehaven Golf Club Inc

East Norwalk, CT · founded 1926
14 filings on recordFY 20102023medium confidence
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
10.311.711.711.212.6
Expenses
$11.8M
▲ 28.7% / 5y
9.210.110.111.111.8
Total Assets
$28.0M
▲ 7.8% / 5y
25.928.428.427.728.0
Total Liabilities
$4.8M
▼ 33.8% / 5y
7.26.16.15.34.8

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ 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 · EmployeeReportableOther
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
VendorServicePaid
BROTHERS FIX IT
NORWALK, CT
HVAC VENDOR$187,163
MOHAMED BAHRAMI
BOCA RATON, FL
TENNIS PRO$168,722

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$6,270,189
BUILDING RENOVATION ASSESSMENT$1,009,920
CAPITAL IMPROVEMENT ASSESSMENT$975,497
INITIATION FEES$582,850

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)
+ 11 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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