SPAN501(c)(7) · MEDIUMNAICS 713910EIN 11-1284745
Sands Point Golf Club Inc
Sands Point, NY · founded 1944
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$7.05M
▼ 9.2% YoY
FY23 Total Expenses
$6.65M
▲ 4.1% YoY
Operating Margin
5.6%
revenue minus expenses ÷ revenue
Employees
96
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$7.0M
▲ 39.6% / 5y
Expenses
$6.6M
▲ 41.2% / 5y
Total Assets
$11.9M
▲ 24.3% / 5y
Total Liabilities
$3.2M
▼ 29.5% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $5.0M | $7.1M | $7.1M | $7.8M | $7.0M | +39.6% |
| Expenses | $4.7M | $5.7M | $5.7M | $6.4M | $6.6M | +41.2% |
| Net surplus | $340K | $1.4M | $1.4M | $1.4M | $396K | +16.7% |
| Total assets | $9.6M | $11.0M | $11.0M | $12.2M | $11.9M | +24.3% |
| Total liabilities | $4.5M | $4.0M | $4.0M | $3.8M | $3.2M | -29.5% |
| Net assets | $5.1M | $7.0M | $7.0M | $8.4M | $8.8M | +71.8% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
PATRICK RYAN Golf Course Superintendent· 55h/wk | $299,292 | $35,591 |
ROBERT GICK CHIEF OPERATING OFFICER· 55h/wk | $247,952 | $26,250 |
JACQUELYN BURD Chief Financial Officer· 40h/wk | $170,063 | $14,354 |
JOCHEN VOSS Executive Chef· 55h/wk | $147,804 | $18,324 |
+ 15 unpaid officers/directors as reported (ADAM RADOSTI, ALAN PERLMUTTER, ANDREW GORDON, +12 more)
Top contractors
FY23 · vendors paid $100k+ as reported
No contractors reported.
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $3,655,402 |
| ASSESSMENTS | $861,588 |
| INITIATION FEES | $506,689 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$2.9M
▼ $346K paid down
Net land, buildings & equipment
$9.9M
book value, net of depreciation
Facility age
47%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $196,491 |
| Occupancy | $399,887 |
| Depreciation & depletion | $759,513 |
| Office expenses | $356,798 |
| Legal fees | $17,210 |
| Accounting fees | $22,841 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
SANDS POINT GOLF CLUB 401(K) PLAN
pension · 23 participants · $2.7M assets · FY2024
SFounded in 1944, Sands Point Golf Club Inc reported $7.05M of revenue for FY23, at an operating margin of 5.6%. Revenue moved down 9.2% 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
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