2024-10-31T09:23:28-05:00 2023-12-31 570776381 WEBSTERROGERS LLP PO BOX 1999 BLUFFTON SC 29910 990 2023-01-01 570905091 SPRING ISLAND CLUB SPRI 8439872002 174 CALLAWASSIE DRIVE OKATIE SC 29910 WILLIAM GRIFFON GENERAL MANAGER/COO 8439872002 2024-10-30 1 0 TABATHA R BELLFLOWERSEA P01314866 8437068440 2024-10-30 2023 2024-10-15 13:58:12Z WILLIAM GRIFFON 174 CALLAWASSIE DRIVE OKATIE SC 29910 12552735 0 X WWW.SPRINGISLAND.COM X 1990 SC COUNTRY CLUB WHICH PROVIDES ITS MEMBERS WITH VARIOUS SOCIAL FUNCTIONS AND SERVICES. 10 10 133 0 72872 0 0 0 8239926 8273386 108218 187791 2694100 2953666 11042244 11414843 0 0 0 0 4299532 4793590 0 0 0 6362729 6894208 10662261 11687798 379983 -272955 21560413 21668974 5909910 6291426 15650503 15377548 TO PROVIDE THE MEMBERS WITH SERVICES THAT INCLUDE GOLF, TENNIS, FITNESS CENTER AND DINING FACILITIES. 0 0 PROVIDE CLUB MEMBERS WITH VARIED SOCIAL FUNCTIONS AND GATHERINGS. PROVIDE MEMBERS WITH VARIOUS AMENITIES SUCH AS FOOD AND BEVERAGE, GOLF, HUNTING, TENNIS AND FITNESS CENTER. MAINTAIN THE CLUB FACILITIES THROUGHOUT THE YEAR. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 100 0 1 133 1 1 1 0 0 0 0 0 0 1200000 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 X CRAIG J SIMONSON 8439872127 174 CALLAWASSIE DRIVE OKATIE SC 29909 X WILLIAM MCMAHON DIRECTOR 5.00 X 0 0 0 GEOFF HARGADON DIRECTOR 5.00 X 0 0 0 GLORIA PINZA DIRECTOR 5.00 X 0 0 0 SALLY SWIFT DIRECTOR 5.00 X 0 0 0 GREG VEZZOSI DIRECTOR 5.00 X 0 0 0 RANDY ROGERS DIRECTOR 5.00 X 0 0 0 MICHAEL SCHMITTLEIN TREASURER 5.00 X 0 0 0 RUTHANN RAY PRESIDENT 5.00 X 0 0 0 THOMAS LODGE VICE PRESIDENT 5.00 X 0 0 0 DANA WHITE SECRETARY 5.00 X 0 0 0 JAY GRATTON DIRECTOR OF GROUNDS AND CO 40.00 X 262004 0 26157 TAMMY RANDOLPH DIRECTOR OF RECREATION AND 40.00 X 148143 0 14264 WILLIAM SAMPSON DIRECTOR OF GOLF INSTRUCTI 40.00 X 180375 0 30431 DEBRA GERLACH DIRECTOR OF CLUB OPERATION 40.00 X 164666 0 14570 DOUGLAS GADDY DIRECTOR OF FACILITIES 40.00 X 123000 0 4720 CHARLES SWANSON DIRECTOR OF GOLF 40.00 X 177885 0 29050 JEREMY HALKER EXECUTIVE CHEF 40.00 X 144000 0 4020 LARRY ANGUS TENNIS PROFESSIONAL 40.00 X 152287 0 28964 ADAM CRIBITT GOLF COURSE SUPERINTENDENT 40.00 X 141328 0 7953 RYAN GOOD FITNESS 40.00 X 107253 0 15756 WILLIAM STENACK DIRECTOR OF OUTDOOR ACTIVITIES 40.00 X 101250 0 3710 ASHLEIGH WHITMORE MEMBERSHIP/COMMUNCATIONS 40.00 X 100746 0 26875 1802937 0 206470 12 0 1 0 PALMA ENTERPRISES PO BOX 21428 HILTON HEAD ISLAND SC 29925 CONTRACT LABOR 833883 PHOENIX FINANCIAL SERVICES LLC 174 CALLAWASSIE DR OKATIE SC 29909 FINANCIAL SERVICES 315744 ALMOST HEAVEN PLANTATION LLC PO BOX 1109 BECKLEY WV 25802 HUNT 255586 DIGITAL EYE TECHNOLOGIES 7355 ALBERT STREET SAVANNAH GA 31406 IT PROVIDER 120878 FERGUSON EARTHWORKS PO BOX 357 GREENPOND SC 29446 LAND MANAGEMENT 110617 5 MEMBERSHIP DUES AND ASSESSMENTS 713910 7682761 7682761 GOLF OPERATION REVENUES 713910 588403 588403 LATE FEES CHARGED 713910 2222 2222 8273386 185791 185791 2000 0 2000 2000 2000 1787315 1137892 649423 576551 72872 MEMBERSHIP TRANSFER FEE 713910 950000 950000 PROGRAM REVENUES, ART MUSIC, REC 713910 753312 753312 ALL OTHER REVENUE 713910 600931 600931 2304243 11414843 11154180 72872 187791 X 4341021 91185 361384 1914 336586 302050 1120855 1284569 SUPPLIES 1097217 GENERAL AND ADMIN 804209 REPAIRS & MAINTENACE 454445 STORM RECOVERY EXPENSE 319557 1172806 11687798 1601700 2040407 1823423 1461477 4588132 5277564 15000 10000 289536 325307 17111 57665 28145434 16409538 12063360 11735896 1162151 760658 21560413 21668974 457484 562895 4126989 4789658 1325437 938873 5909910 6291426 X 15650503 15377548 15650503 15377548 21560413 21668974 -272955 0 X X 0 1 X 1 0 392342 392342 14195611 5327366 8868245 2651842 1619191 1032651 10905639 9462981 1442658 11735896 GOLF LESSONS PAYABLE 109 RIDING LESSONS PAYABLE 7815 SHOOTING LESSONS PAYABLE 980 HOUSEKEEPING SERVICE CHARGE 9425 TENNIS MERCHANDISE LIABILITY 2655 COTTAGE RENTAL PAYABLE -810 DUE TO/FROM PHOENIX FINANCIAL SVCS. 13123 DUE TO/FROM POA 49920 GIFT CERTIFICATES SPORTS COMPLEX 2318 CHRISTMAS FUND 43279 SC SALES TAX PAYABLE 21300 LOCAL ACCOMODATIONS TAX 726 LOCAL HOSPITALITY TAX 3793 -- LIQUOR EXCISE TAX (%) 833 SC ACCOMMODATIONS TAX PAYABLE 1935 -- LOCAL ADMISSIONS TAX (.%) 413 SC ADMISSIONS TAX PAYABLE DUES 826 GRATUITY/SERVICE CHARGE PAYABLE 40880 GRESHAM EMPLOYEE ASSISTANCE -1000 WR LEASE LIABILITY 731407 OTHER PAYABLES 8946 938873 X 12552735 1137892 1137892 11414843 0 11414843 12825690 1137892 1137892 11687798 0 11687798 PART X, LINE 2: THE CLUB IS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(7). ACCORDINGLY, INCOME OR LOSS FROM NET MEMBERSHIP ACTIVITIES IS DEEMED EXEMPT FOR INCOME TAX PURPOSES. NON-MEMBER NET INCOME AND INVESTMENT NET INCOME IS CONSIDERED TAXABLE; HOWEVER, NO PROVISION FOR INCOME TAXES HAS BEEN MADE FOR THE YEAR ENDED DECEMBER 31, 2023, AS THERE IS NO NET TAXABLE INCOME FROM NON-MEMBER AND INVESTMENT ACTIVITIES DURING THIS YEAR. THERE WERE NO DEFERRED INCOME TAXES IN 2023. THE CLUB EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE CLUB HAD NO UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD CHARGED AGAINST REVENUE 1,137,892. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD CHARGED AGAINST REVENUE 1,137,892. X 1 1 X X 0 0 0 JAY GRATTON DIRECTOR OF GROUNDS AND CO 247004 0 15000 0 0 0 0 0 26157 0 288161 0 0 0 WILLIAM SAMPSON DIRECTOR OF GOLF INSTRUCTI 175375 0 5000 0 0 0 0 0 30431 0 210806 0 0 0 CHARLES SWANSON DIRECTOR OF GOLF 154102 0 23783 0 0 0 0 0 29050 0 206935 0 0 0 LARRY ANGUS TENNIS PROFESSIONAL 149712 0 2575 0 0 0 0 0 28964 0 181251 0 0 0 DEBRA GERLACH DIRECTOR OF CLUB OPERATION 147666 0 17000 0 0 0 0 0 14570 0 179236 0 0 0 TAMMY RANDOLPH DIRECTOR OF RECREATION AND 140643 0 7500 0 0 0 0 0 14264 0 162407 0 0 0 TAMMY RANDOLPH CURRENT DIRECTOR OF FITNESS RETENTION INCENTIVE X 50000 10000 0 1 1 10000 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERS APPROVE CERTAIN DECISIONS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8B THE CLUB DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT. ONLY THE GOVERNING BODY HAS AUTHORITY TO ACT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER, PRESIDENT, TREASURER AND GENERAL MANAGER, WHO PRESENT THE TAX RETURN TO THE EXECUTIVE BOARD MEMBERS FOR THEIR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB REQUESTS CONFLICTS OF INTEREST DOCUMENTATION ON AN ANNUAL BASIS AND REVIEWS RESULTS FOR ANY OMISSIONS OR DISCLOSURES THAT REQUIRE FURTHER ACTION BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION IS A PRIVATE CLUB, ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT MADE AVALIABLE TO THE PUBLIC. THESE DOCUMENTS ARE AVALIABLE TO THE PRIVATE CLUB MEMBERS AT THEIR REQUEST. FORM 990, PART IX, LINE 24E PROGRAM COSTS - ART AND MUSIC 258,035. MEALS, ENTERTAINMENT, HOSPITALITY 224,674. PROPERTY TAXES 186,539. CASUAL LABOR 144,150. RENTAL COSTS 78,824. EMPLOYEE COSTS 70,877. BAD DEBT EXPENSE 70,453. PROGRAM COSTS- MISC OTHER 50,773. MEMBER RELATIONS 38,308. EDUCATION & TRAINING 21,619. TRAVEL 19,680. MISC OTHER EXPENSES 8,874. FORM 990, PART XII, LINE 2C THERE WERE NO CHANGES OVER THE PRIOR YEAR. SPRING ISLAND TRUST 174 CALLAWASSIE DR OKATIE SC 29909 570905093 SC 501(C)(3) LINE 10 0 SPRING ISLAND PROPERTY OWNERS ASSOCIATION 174 CALLAWASSIE DR OKATIE SC 29909 570905361 PROPERTY OWNER ASSOCIATION SC C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 SPRING ISLAND PROPERTY OWNERS ASSOCIATION N SPRING ISLAND PROPERTY OWNERS ASSOCIATION O 417613