2021-11-15T16:01:30-06:00 2020-12-31 570776381 WEBSTERROGERS LLP PO BOX 1999 BLUFFTON SC 29910 990 2020-01-01 570905091 SPRING ISLAND CLUB SPRI 8439872002 174 CALLAWASSIE DRIVE OKATIE SC 29910 RUTHANN RAY TREASURER 8439872002 2021-11-15 1 RUTHANN RAY XXX-XX-XXXX JASON J ASHLEY P00851772 8437068440 2021-11-15 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z RUTHANN RAY 174 CALLAWASSIE DRIVE OKATIE SC 29910 9471611 0 X WWW.SPRINGISLAND.COM X 1990 SC COUNTRY CLUB WHICH PROVIDES ITS MEMBERS WITH VARIOUS SOCIAL FUNCTIONS AND SERVICES. 10 10 130 10 71121 0 0 0 6506876 6954482 23459 8522 2166009 1841799 8696344 8804803 0 0 0 0 3667852 3718717 0 0 0 5355750 4958504 9023602 8677221 -327258 127582 19133614 19073896 5056712 4869412 14076902 14204484 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 65 0 1 130 1 1 1 0 0 0 0 400000 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 X 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 284596 0 21925 TAMMY RANDOLPH DIRECTOR OF RECREATION AND 40.00 X 130074 0 12486 WILLIAM SAMPSON DIRECTOR OF GOLF INSTRUCTION 40.00 X 185534 0 24257 DEBRA GERLACH DIRECTOR OF CLUB OPERATION 40.00 X 137491 0 18299 DOUGLAS GRADY DIRECTOR OF FACILITIES 40.00 X 111806 0 4160 CHIP SWANSON DIRECTOR OF GOLF 40.00 X 163009 0 14184 JEREMY HALKER EXECUTIVE CHEF 40.00 X 115897 0 14807 1128407 0 110118 7 0 1 0 PALMA ENTERPRISES 386 SPANISH WELLS RD UNIT B6 HILTON HEAD ISLAND SC 29926 TEMPORARY LABOR 363963 PHOENIX FINANCIAL SERVICES LLC 174 CALLAWASSIE DR OKATIE SC 29909 ACCOUNTING SERVICES 263000 SYSCO 131 SYSCO CT COLUMBIA SC 29209 FOOD VENDER 248913 AMERITURF PO BOX 194 ITALY TX 76651 AGRONOMY SUPPLIER 127385 4 MEMBERSHIP DUES AND ASSESSMENTS 713910 6201401 6201401 LATE FEES CHARGED 713910 354059 354059 GOLF OPERATION REVENUES 713910 343648 343648 GOLF COURSE ASSESSMENT 713910 55374 55374 6954482 6022 6022 2500 0 2500 2500 2500 1002250 666808 335442 264321 71121 PROGRAM REVENUES - ART, MUSIC & R 713910 720940 720940 MEMBERSHIP TRANSFER FEE 713910 400000 400000 ALL OTHER REVENUE 713910 385417 385417 1506357 8804803 8725160 71121 8522 3386336 61072 271309 7119 278850 246491 35821 998540 701268 SUPPLIES 837917 GENERAL AND ADMINISTRAT 559978 REPAIRS AND MAINTENANCE 387883 BAD DEBT EXPENSE 279150 625487 8677221 206091 632096 1346822 1084751 3794113 3754018 30000 25000 195962 187090 49799 28144 26598244 13508296 13129035 13089948 381792 272849 19133614 19073896 653493 622075 3292144 3363860 1011712 708035 99363 175442 5056712 4869412 X 14076902 14204484 14076902 14204484 19133614 19073896 127582 0 X X 0 1 X 1 0 392342 392342 13910417 4263961 9646456 2196879 1580912 615967 10098606 7663423 2435183 13089948 GIFT CERTIFICATES - SPORTS COMPLEX 2318 CHIRSTMAS FUND 36339 SALES TAX PAYABLE 13676 BEAUFORT COUNTY ACCOMODATIONS TAX 185 BEAUFORT COUNTY HOSPITALITY TAX 2536 LIQUOR EXCISE TAX 216 ACCOMMODATIONS TAX PAYABLE 492 BEAUFORT COUNTY ADMISSIONS TAX 265 ADMISSIONS TAX PAYABLE 528 NOEL WITHHOLDING 4275 GRATUITY PAYABLE 11848 GOLF LESSONS PAYABLE 33996 RIDING LESSONS PAYABLE 240 SHOOTING LESSONS PAYABLE 760 GRESHAM EMPLOYEE ASSISTANCE 1033 DUE TO/FROM OTHER ENTITIES 65714 HOUSEKEEPING SERVICE CHARGE 898 TENNIS MERCHANDISE LIABILITY 123 175442 X 9266510 461707 461707 8804803 0 8804803 9138928 461707 461707 8677221 0 8677221 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, 2020, AS THERE IS NO NET TAXABLE INCOME FROM NON-MEMBER AND INVESTMENT ACTIVITIES DURING THIS YEAR. THERE WERE NO DEFERRED INCOME TAXES IN 2020. 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, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD CHARGED AGAINST REVENUE 461,707. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD CHARGED AGAINST REVENUE 461,707. X 1 1 X X 0 0 0 JAY GRATTON DIRECTOR OF GROUNDS AND CO 271096 0 13500 0 0 0 0 0 21925 0 306521 0 0 0 WILLIAM SAMPSON DIRECTOR OF GOLF INSTRUCTION 182534 0 3000 0 0 0 0 0 24257 0 209791 0 0 0 CHIP SWANSON DIRECTOR OF GOLF 142009 0 21000 0 0 0 0 0 14184 0 177193 0 0 0 DEBRA GERLACH DIRECTOR OF CLUB OPERATION 123491 0 14000 0 0 0 0 0 18299 0 155790 0 0 0 TAMMY RANDOLPH CURRENT DIRECTOR OF FITNESS RETENTION INCENTIVE X 50000 25000 0 1 1 25000 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 228369