2022-11-15T17:37:45-06:00 2021-12-31 570776381 WEBSTERROGERS LLP PO BOX 1999 BLUFFTON SC 29910 990 2021-01-01 570905091 SPRING ISLAND CLUB SPRI 8439872002 174 CALLAWASSIE DRIVE OKATIE SC 29910 WILLIAM GRIFFON GENERAL MANAGER/COO 8439872002 2022-11-15 1 WILLIAM GRIFFON XXX-XX-XXXX TABATHA R BELLFLOWERSEA P01314866 8437068440 2022-11-15 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z WILLIAM GRIFFON 174 CALLAWASSIE DRIVE OKATIE SC 29910 11675656 0 X WWW.SPRINGISLAND.COM X 1990 SC COUNTRY CLUB WHICH PROVIDES ITS MEMBERS WITH VARIOUS SOCIAL FUNCTIONS AND SERVICES. 10 10 123 10 11061 0 0 0 6954482 7496846 8522 7923 1841799 3242251 8804803 10747020 0 0 0 0 3718717 3985274 0 0 0 4958504 5695710 8677221 9680984 127582 1066036 19073896 20372733 4869412 5102213 14204484 15270520 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 81 0 1 123 1 1 1 0 0 0 0 1300000 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 SC X CRAIG J SIMONSON 8439872127 174 CALLAWASSIE DRIVE OKATIE SC 29909 SALLY MCALISTER DIRECTOR 5.00 X 0 0 0 ALICE REID DIRECTOR 5.00 X 0 0 0 JAMES BASARA DIRECTOR 5.00 X 0 0 0 JUDI GRASSI DIRECTOR 5.00 X 0 0 0 TERRY TORBECK DIRECTOR 5.00 X 0 0 0 DAVID RICH DIRECTOR 5.00 X 0 0 0 DAVID WESTERLUND PRESIDENT 5.00 X 0 0 0 TIM BERNARD VICE-PRESIDENT 5.00 X 0 0 0 RUTHANN RAY TREASURER 5.00 X 0 0 0 SHANNA SULLIVAN SECRETARY 5.00 X 0 0 0 JAY GRATTON DIRECTOR OF GROUNDS AND CO 40.00 X 236885 0 21955 TAMMY RANDOLPH DIRECTOR OF RECREATION AND 40.00 X 153060 0 14662 WILLIAM SAMPSON DIRECTOR OF GOLF INSTRUCTI 40.00 X 187070 0 25138 DEBRA GERLACH DIRECTOR OF CLUB OPERATION 40.00 X 148122 0 12613 DOUGLAS GRADY DIRECTOR OF FACILITIES 40.00 X 110270 0 4131 CHIP SWANSON DIRECTOR OF GOLF 40.00 X 170575 0 17795 JEREMY HALKER EXECUTIVE CHEF 40.00 X 122644 0 3342 1128626 0 99636 7 0 1 0 SYSCO 131 SYSCO CT COLUMBIA SC 29209 FOOD VENDER 419877 PNC EQUIPMENT FINANCE LLC PO BOX 931034 CLEVELAND OH 44193 LEASING COMPANY 412058 PALMA ENTERPRISES PO BOX 21428 HILTON HEAD ISLAND SC 29925 TEMPORARY LABOR 348820 USI INSURANCE PO BOX 62819 VIRGINIA BEACH VA 23466 INSURANCE BROKER 288210 PHOENIX FINANCIAL SERVICES LLC 174 CALLAWASSIE DR OKATIE SC 29909 ACCOUNTING SERVICES 276000 7 MEMBERSHIP DUES AND ASSESSMENTS 713910 6530228 6530228 GOLF OPERATION REVENUES 713910 486244 486244 LATE FEES CHARGED 713910 424964 424964 GOLF COURSE ASSESSMENT 713910 55410 55410 7496846 1063 1063 6860 0 6860 6860 6860 1498510 928636 569874 558813 11061 PROGRAM REVENUES - ART, MUSIC & R 713910 936143 936143 MEMBERSHIP TRANSFER FEE 713910 925000 925000 ALL OTHER REVENUE 713910 811234 811234 2672377 10747020 10728036 11061 7923 3633258 62776 289240 11213 290650 264186 22852 1068122 781956 SUPPLIES 978547 GENERAL AND ADMINISTRAT 577552 BAD DEBT EXPENSE 503240 REPAIRS AND MAINTENANCE 459880 737512 9680984 632096 1914395 1084751 1366251 3754018 4241909 25000 20000 187090 216932 28144 44284 26752090 14203281 13089948 12548809 272849 20153 19073896 20372733 622075 723066 3363860 3771797 708035 391388 175442 215962 4869412 5102213 X 14204484 15270520 14204484 15270520 19073896 20372733 1066036 0 X X 0 1 X 1 0 392342 392342 14041189 4611104 9430085 2090593 1401491 689102 10227966 8190686 2037280 12548809 GIFT CERTIFICATES - SPORTS COMPLEX 2318 CHIRSTMAS FUND 86910 SALES TAX PAYABLE 17253 BEAUFORT COUNTY ACCOMODATIONS TAX 564 BEAUFORT COUNTY HOSPITALITY TAX 3072 LIQUOR EXCISE TAX 408 ACCOMMODATIONS TAX PAYABLE 1503 BEAUFORT COUNTY ADMISSIONS TAX 486 ADMISSIONS TAX PAYABLE 971 GRATUITY PAYABLE 22534 GOLF LESSONS PAYABLE 38792 RIDING LESSONS PAYABLE 2475 SHOOTING LESSONS PAYABLE 1345 GRESHAM EMPLOYEE ASSISTANCE 2950 DUE TO/FROM OTHER ENTITIES 25079 HOUSEKEEPING SERVICE CHARGE 2903 TENNIS MERCHANDISE LIABILITY 5 COTTAGE RENTAL PAYABLE 6394 215962 X 11328456 581436 581436 10747020 0 10747020 10262420 581436 581436 9680984 0 9680984 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, 2021, AS THERE IS NO NET TAXABLE INCOME FROM NON-MEMBER AND INVESTMENT ACTIVITIES DURING THIS YEAR. THERE WERE NO DEFERRED INCOME TAXES IN 2021. 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, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD CHARGED AGAINST REVENUE 581,436. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD CHARGED AGAINST REVENUE 581,436. X 1 1 X X 0 0 0 JAY GRATTON DIRECTOR OF GROUNDS AND CO 222385 0 14500 0 0 0 0 0 21955 0 258840 0 0 0 WILLIAM SAMPSON DIRECTOR OF GOLF INSTRUCTI 183570 0 3500 0 0 0 0 0 25138 0 212208 0 0 0 CHIP SWANSON DIRECTOR OF GOLF 148945 0 21630 0 0 0 0 0 17795 0 188370 0 0 0 TAMMY RANDOLPH DIRECTOR OF RECREATION AND 146060 0 7000 0 0 0 0 0 14662 0 167722 0 0 0 DEBRA GERLACH DIRECTOR OF CLUB OPERATION 132622 0 15500 0 0 0 0 0 12613 0 160735 0 0 0 TAMMY RANDOLPH CURRENT DIRECTOR OF FITNESS RETENTION INCENTIVE X 50000 20000 0 1 1 20000 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 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 0 SPRING ISLAND PROPERTY OWNERS ASSOCIATION O 354811