Shenorock Shore Club Inc

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

21 people listed

RICHARD LACOURSIERE (GENERAL MANAGER): $432,060 total reported compensation
LEONARD PHILLIPS (EXECUTIVE CHEF): $371,100 total reported compensation
MARTIN VIDALES (BUILDING & GROUNDS MANAGER): $227,743 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

To encourage social recreation as a beach club and to maintain a clubhouse, which provides dining and social activities for the membership.

Tax exempt club activities.

Revenue model: Earned-program. 97% 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 available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
Governance controls: 8 of 8 controls in place; rating input score 100
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 15.9%; rating input score 77; 77th percentile among comparable filings
Total-asset coverage ratio: 2.27; rating input score 66; 66th percentile among comparable filings
Liabilities to assets ratio: 0.02; rating input score 90; 90th percentile among comparable filings
Officer compensation ratio: 14.8%; rating input score 8; 8th percentile among comparable filings

Program expense growth: Limited
Revenue growth: 3.6% per year; rating input score 100; 31st percentile among comparable filings
Asset growth: 8.3% per year; rating input score 100; 57th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 16 of 16 board members independent · 8 of 8 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $432K · 21 people listed · 2 of 6 pay-setting controls reported
Highest-paid contractors: 1 contractor listed · $1.1M reported
Consistency: 12 of 12 current checks pass
Schedules: 3 filed schedules · includes executive pay
Filing history: 9 filing years from 2016 to 2024
Contacts: How to reach this organization
Money network: 5 filed money-flow records
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.

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