Shoreacres FY2023 filing

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Operation of an eighteen hole golf course, restaurant and other recreational facilities for the enjoyment and social benefit of the club's membership.

501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
$1.2M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $79K a year · 1% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.2M
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 3.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$4.7M
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.1M
+65% vs prior year
Spent
$5.9M
To programs
0%
Net assets
$11.7M
By yearFY2020–FY2025
Revenue
$8.1M
FY2023▲ +65%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.3M
FY2021$4.8M
FY2022$4.9M
FY2023$8.1M
FY2024$6.4M
FY2025$6.4M
Expenses
$5.9M
FY2023▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.7M
FY2021$5.4M
FY2022$5.4M
FY2023$5.9M
FY2024$7.0M
FY2025$7.0M
Net assets
$11.7M
FY2023▲ +23%
Tap a bar for its year
Net assets by fiscal year
FY2020$10.6M
FY2021$10.0M
FY2022$9.5M
FY2023$11.7M
FY2024$11.1M
FY2025$10.5M

From the FY2023 Form 990 (year ending October 2023) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1939.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

20 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Golf Professional
$276,614Pt VII · Sec A
$236,284Pt VII · Sec A
Clubhouse Manager
$196,354Pt VII · Sec A
Grounds Superintendent
$185,655Pt VII · Sec A
Executive Chef
$142,586Pt VII · Sec A
Controller
$141,583Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Peter McDonald——$236,284$277,765$277,223$251,857
Ryan Carroll—$239,750$276,614———
Aaron McCurdy$207,271$274,271—$183,617——
Michael Drury$267,536$258,001$196,354$189,607$200,245$173,309
Arron McCurdy——$185,655———
Dieter Wiedmayer$169,907—————
Cynthia Graf$157,923$158,537$141,583$137,899$161,473$117,847
Josuelt Rodriguez$160,107$155,564————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Shoreacres executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Operates a golf course, restaurant, and recreational facilities for members' enjoyment and social benefit.

Questions for Shoreacres

Tap to ask. Shoreacres sees how many people are interested.

Your first name shows with your question. Shoreacres answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2022
01

A private club providing golf, other sports, recreation and dining facilities to its members.

Pt IX · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$8.1M
Ln 12
Fees for servicesLn 2g$8.1M
Investment incomeLn 3$14K
Money outPt IX
$5.9M
Ln 25
Owns and owesPt X
$11.7M
net assets · Ln 32
Cash and savingsLn 1–2$1.8M
Total assetsLn 16$16.4M
LiabilitiesLn 26$4.7M
PeoplePt VI, VII
20
listed · VII A
PaidVII A6
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$8.1M
Investment incomeLn 3$14K
Gains on assetsLn 7$9K
Total revenueLn 12$8.1M
Assets in detailPt X, end of year
CashLn 1$1.8M
SavingsLn 2$0
Cash and savings togetherLn 1–2$1.8M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$12.0M
Other assetsLn 15$217K
Total assetsLn 16$16.4M
LiabilitiesLn 26$4.7M
Net assetsLn 32$11.7M
OperationsPt I, VI
EmployeesI 571
VolunteersI 612
Fiscal year endsHeaderOctober
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$260K$1.8M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$12.1M$12.0M
Total assetsLn 16$14.7M$16.4M
LiabilitiesLn 26$5.2M$4.7M
Net assetsLn 32$9.5M$11.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$946K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.4M
Pension plan contributionsLn 8$158K
Other employee benefitsLn 9$309K
Payroll taxesLn 10$203K
Management feesLn 11a$0
Legal feesLn 11b$16K
Accounting feesLn 11c$17K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$253K
Advertising and promotionLn 12$0
Office expensesLn 13$33K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$117K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$76K
InterestLn 20$110K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$939K
InsuranceLn 23$136K
Other expenses (24a–d)Ln 24$1.0M
All other expensesLn 24e$213K
Total functional expensesLn 25$5.9M$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $6.4M$7.0M−$604K$10.5M 990 PDF
FY2024 $6.4M$7.0M−$585K$11.1M 990 PDF
FY2023 Viewing $8.1M$5.9M$2.2M$11.7M 990 PDF
FY2022 $4.9M$5.4M−$463K$9.5M 990 PDF
FY2021 $4.8M$5.4M−$572K$10.0M 990 PDF
FY2020 $4.3M$4.7M−$450K$10.6M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $8,135,988 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $4,855,534$8,148,790
I-10 Investment incomePrior year $21,338$13,750
I-11 Other revenuePrior year $45,037−$26,552
I-12 Total revenuePrior year $4,921,909$8,135,988
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,623,639$3,004,651
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,761,250$2,932,018
I-18 Total expensesPrior year $5,384,889$5,936,669
I-19 Revenue less expensesPrior year −$462,980$2,199,319
Part VI · Governance 14 of 14 board members independent, 1 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-12a Written conflict of interest policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $8,135,988 across 8 lines filed
Lines not itemized here account for −$26,552 of total revenue; see the IRS return.
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $7,826,435 · Unrelated business $322,355$8,148,790
VIII-3 Investment incomeUnrelated business $4,665$4,665
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $9,085$9,085
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $7,864,144 · Unrelated business $271,844$8,135,988
Part IX · Statement of functional expenses $5,936,669 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$945,586
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$1,389,618
IX-8 Pension plan contributions$157,675
IX-9 Other employee benefits$308,829
IX-10 Payroll taxes$202,943
IX-11a Management fees$0
IX-11b Legal fees$16,186
IX-11c Accounting fees$16,950
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$252,810
IX-12 Advertising and promotion$0
IX-13 Office expenses$33,399
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$117,150
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$76,376
IX-20 Interest$109,806
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$939,310
IX-23 Insurance$135,617
IX-24 Other expenses (24a–d)$1,021,009
IX-24e All other expenses$213,405
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$5,936,669
Part X · Balance sheet $16,397,537 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $259,954$1,771,521
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $1,439,838$1,560,972
X-8 Inventories for sale or useStart of year $517,976$613,096
X-9 Prepaid expenses and deferred chargesStart of year $190,791$238,716
X-10c Land, buildings and equipment, netStart of year $12,059,862$11,995,990
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $213,625$217,242
X-16 Total assetsStart of year $14,682,046$16,397,537
X-17 Accounts payable and accrued expensesStart of year $989,208$628,132
X-19 Deferred revenueStart of year $1,041,949$1,065,019
X-25 Other liabilitiesStart of year $739,884$594,062
X-26 Total liabilitiesStart of year $5,156,041$4,672,213
X-27 Net assets without donor restrictionsStart of year $9,526,005$11,725,324
X-32 Total net assets or fund balancesStart of year $9,526,005$11,725,324
X-33 Total liabilities and net assetsStart of year $14,682,046$16,397,537
Part XI · Reconciliation of net assets $11,725,324 net assets at year end
XI-1 Total revenue$8,135,988
XI-2 Total expenses$5,936,669
XI-3 Revenue less expenses$2,199,319
XI-4 Net assets at start of year$9,526,005
XI-10 Net assets at end of year$11,725,324

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.