Noyac Golf Club Inc

Nonprofit profile at a glance

EIN
116023340
IRS 990 coverage
2017–2023
Forms available
Form 990 2023
Location
Sag Harbor, NY, USA
Phone
6317251800
Rating confidence
Limited
Sector
Recreational l Clubs

Official website

Reported finances

Revenue
$13,893,038
Expenses
$11,353,694
Assets
$32,073,507
Liabilities
$2,981,479

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • STEVE GORDON (PRESIDENT)
  • STEVE MAIETTA (VICE PRESIDENT)
  • THOMAS MORRISSEY (FORMER PRESIDENT)
  • BILL BELLOLI (FORMER VICE PRESIDENT)

Highest reported compensation

  • JESSE R SMITH (GENERAL MANAGER): $413,626 total reported compensation
  • BRIAN GOLESKI (SUPERINTENDENT - GROUNDS): $364,312 total reported compensation
  • PATRICK GUNNING (GOLF PRO): $245,392 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The noyac golf club, inc. (the "club") is a private membership club incorporated in the state of New York in 1963. The purpose of the club is to promote the game of golf and social activities among its members, and to provide and maintain a (continutes: schedule o).

What it reported doing in 2023

Tax exempt club activities

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 66
  • Accountability: 95
  • Sustainability: 71
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 18.3%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 2.82; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.09; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 12.3%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 10.1% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 14 of 14 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $414K · 27 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.6M reported
  • Consistency: 11 of 11 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 7 filing years from 2017 to 2023
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Officer compensation ratio scored 12/100.