SHOU501(c)(7) · MEDIUMNAICS 713910EIN 11-1349700

Southward Ho Country Club Inc

Bay Shore, NY · founded 1942
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$12.50M
▲ 12.7% YoY
FY23 Total Expenses
$11.27M
▲ 11.3% YoY
Operating Margin
9.8%
revenue minus expenses ÷ revenue
Employees
229
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$12.5M
▲ 45.2% / 5y
8.611.411.411.112.5
Expenses
$11.3M
▲ 27.9% / 5y
8.88.98.910.111.3
Total Assets
$20.7M
▲ 40.0% / 5y
14.818.418.419.020.7
Total Liabilities
$2.7M
▲ 28.2% / 5y
2.12.52.52.22.7

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$8.6M$11.4M$11.4M$11.1M$12.5M+45.2%
Expenses$8.8M$8.9M$8.9M$10.1M$11.3M+27.9%
Net surplus-$201K$2.5M$2.5M$971K$1.2M-711.5%
Total assets$14.8M$18.4M$18.4M$19.0M$20.7M+40.0%
Total liabilities$2.1M$2.5M$2.5M$2.2M$2.7M+28.2%
Net assets$12.7M$15.8M$15.8M$16.8M$18.0M+42.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
BRIAN CURTIN
General Manager· 40h/wk
$263,040$2,512
JAMES STEWART
GOLF SUPERINTENDENT· 40h/wk
$233,975$33,106
BLAKE VERITY
Executive Chef· 40h/wk
$192,731$24,652
DAVID PRESTON
Head Golf Professional· 40h/wk
$178,081$32,681
JENNIFER RIEDMAN
Assistant General Manager· 40h/wk
$131,711$12,149

+ 11 unpaid officers/directors as reported (ARTIE CIPOLETTI, CHRIS BROWN, DON SACCO JR, +8 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
GEC CONTRACTING INC
ST JAMES, NY
LOCKER ROOM CONTRUCTION$316,071
CP TENNIS INC
BAY SHORE, NY
LESSONS$296,291
ELITE POOL AND FITNESS MANAGEMENT INC
FLUSHING, NY
POOL MANAGEMENT$174,011
LEGACY LOCKERS
DALLAS, TX
LOCKER ROOM CONTRUCTION$131,853
COURT PRO
MADISON, CT
PLATFORM COURT CONSTRUCTION$128,164

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$5,959,085
CAPITAL ASSESSMENTS$1,090,296
INITIATION FEES$512,575

SFounded in 1942, Southward Ho Country Club Inc reported $12.50M of revenue for FY23, at an operating margin of 9.8%. Revenue moved up 12.7% 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)
+ 10 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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