2019-02-11T11:51:53-06:00 2018-10-31 050353162 PICCERELLI GILSTEIN & CO LLP 144 WESTMINSTER STREET PROVIDENCE RI 029032282 990 2017-11-01 222500471 RHODE ISLAND GOLF ASSOCIATION RHOD 4012721350 1 BUTTONHOLE DRIVE PROVIDENCE RI 02909 ROBERT WARD EXECUTIVE DIRECTOR 4012721350 2019-01-25 1 WILLIAM J PICCERELLI P00008456 4018310200 70.183.170.60 2019-01-25 14:14:17 ES P AB9C7AE5756CC0FCEDA19C8F037AF5A393DC2B7C AB9C7AE5756CC0FCEDA19C8F037AF5A393DC2B7C 2017 2019-02-21 02:37:17Z ROBERT WARD 1 BUTTONHOLE DRIVE PROVIDENCE RI 02909 1175032 0 X WWW.RIGALINKS.ORG X 1902 RI ORGANIZATION WAS FORMED TO PROMOTE AND ADVANCE THE GAME OF GOLF IN THE STATE OF RHODE ISLAND THROUGH CONDUCTING AMATEUR GOLF TOURNAMENTS AND RELATED ACTIVITIES, AS WELL AS TO PROVIDE EDUCATIONAL OPPORTUNITIES RELATED TO THE SPORT FOR MEN, WOMEN AND YOUTH. 60 60 0 0 11000 9196 15879 19145 1020665 1045924 5913 11421 11042 20694 1053499 1097184 0 0 0 0 455179 474664 0 0 0 609224 607633 1064403 1082297 -10904 14887 499153 578171 19652 96317 479501 481854 X ORGANIZATION WAS FORMED TO PROMOTE AND ADVANCE THE GAME OF GOLF IN THE STATE OF RHODE ISLAND THROUGH CONDUCTING AMATEUR GOLF TOURNAMENTS AND RELATED ACTIVITIES, AS WELL AS TO PROVIDE EDUCATIONAL OPPORTUNITIES RELATED TO THE SPORT FOR MEN, WOMEN AND YOUTH. 0 0 944076 623679 GOLF TOURNAMENTS- EXPENSES TO ORGANIZE, ADMINISTER AND RUN TOURNAMENTS TO ACHIEVE THE EXPRESS OBJECTIVE WHICH IS TO PROMOTE AND ADVANCE THE GAME OF GOLF IN THE STATE OF RHODE ISLAND THROUGH CONDUCTING AMATEUR GOLF TOURNAMENTS AND RELATED ACTIVITIES, AS WELL AS TO PROVIDE EDUCATIONAL OPPORTUNITIES RELATED TO THE SPORT FOR MEN, WOMEN AND YOUTH. 33969 302525 HANDICAP CARDS ARE A COMPUTERIZED RATING SERVICE WHICH ADJUSTS EACH GOLFERS HANDICAP TAKING INTO ACCOUNT THE RELATIVE DIFFICULTY OF EACH COURSE PLAYED ON. THE ACCOMPLISHMENT IS THAT IT ALLOWS THE PARTICIPANT TO FAIRLY COMPETE NO MATTER WHAT COURSE THEY ARE PLAYING AGAINST OTHER GOLFERS THUS CREATING A MORE ENJOYABLE EXPERIENCE IN LINE WITH THE MISSION OF THE ORGANIZATION TO PROMOTE THE SPORT OF GOLF. THEY ARE CHARGED A FEE FOR THIS RANKING SERVICE BECAUSE THE ORGANIZATION IS CHARGED A FEE BY THE USGA WHICH DEVELOPED THE SYSTEM. 119720 MEMBERSHIP CARDS ARE FEES THAT PARTICIPANTS PAY TO JOIN THE ORGANIZATION IN ORDER TO GAIN THE BENEFITS SUCH AS ACCESS TO THE COURSES, COMPETITIVE EVENTS AND MEETING FELLOW MEMBERS. 9694 NOMINAL AMOUNT OF MISCELLANEOUS REVENUES ASSOCIATED WITH PROMOTION OF THE SPORT OF GOLF. 9694 978045 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 0 1 1 0 0 0 0 0 0 0 X 60 60 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 RI X ROBERT WARD 4012721350 1 BUTTON HOLE DRIVE PROVIDENCE RI 02909 KEVIN CLARY PRESIDENT 1.00 X 0 0 0 KEVIN MCLOUGHLIN 2ND VICE PRESIDENT 1.00 X 0 0 0 JACOB GAFFEY TREASURER 1.00 X 0 0 0 ROBERT WARD EXECUTIVE DIRECTOR 40.00 X 110780 0 9734 THOMAS GORYL SECRETARY 1.00 X 0 0 0 110780 0 9734 1 0 0 0 0 8350 10795 19145 TOURNAMENT INCOME 713910 623679 623679 GOLF HANDICAP NETWORK 713910 302525 302525 MEMBERSHIP CARDS 713910 119720 119720 1045924 5870 5870 83399 77848 5551 5551 5551 SCORE BOARD RENTAL 713910 11000 11000 OTHER REVENUE 713910 9694 9694 20694 1097184 1055618 11000 11421 120514 90436 30078 230511 230511 19272 19272 75947 56960 18987 28420 21315 7105 11916 11916 1408 1408 24028 24028 2762 2762 18000 18000 629 629 15177 15177 2741 2741 11642 11642 15558 13213 2345 TOURNAMENT EXPENSE 401876 401876 GHIN EXPENSE 33969 33969 TELEPHONE 11483 11483 MISCELLANEOUS 10850 10850 45594 41415 4179 1082297 978045 104252 0 173424 181042 40167 24600 687 230 5135 4995 248745 73532 36497 175213 240629 190143 2614 1948 499153 578171 19652 96317 19652 96317 X 479501 481854 479501 481854 499153 578171 X 14887 -12534 X 0 0 0 X 15249 15879 19145 50273 1058440 1031706 1055618 3145764 1073689 1047585 1074763 3196037 0 0 0 3196037 7683 5335 22421 35439 7683 5335 22421 35439 1081372 1052920 1097184 3231476 0.98900 0.01100 X 22518 798 21720 226227 72734 153493 175213 X PART X, LINE 2: THE ORGANIZATION HAS ADOPTED FASB ASC 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES." INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES AND BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR CERTAIN INCOME TAX POSITIONS. THE ORGANIZATION IS NOT CURRENTLY SUBJECT TO AUDITS FOR ANY TAX PERIODS. THE ORGANIZATION'S MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2014. THE ORGANIZATION WAS GRANTED 501(C)(3) STATUS (FORMERLY C4) ON 7/11/2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCOME/EXPENSES NOT INCLUDED IN 990 FORM 990, PART VI, SECTION B, LINE 11B A THOROUGH REVIEW OF THE FORM 990 IS CONDUCTED BY THE PRESIDENT, TREASURER, AND EXECUTIVE DIRECTOR AND APPROVED FOR SUBMISSION BY THEM. THE ORGANIZATION'S FINANCIAL CONDITION IS REVIEWED IN A CONDENSED FORMAT BY ALL BOARD MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 15A ALL HIRING AND COMPENSATION ISSUES RELATED TO ABOVE-NAMED POSITIONS ARE REVIEWED AND APPROVED BY THE DIRECTORS (MEMBERS OF THE GOVERNING BODY). IN THE CASE OF THE EXECUTIVE DIRECTOR, THIS IS BASED ON THE RECOMMENDATIONS AN AD-HOC SUB-COMMITTEE OF THE BOARD WHO ACCUMULATED INFORMATION CONCERNING QUALIFICATIONS AND COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF ALL GOVERNING DOCUMENTS, POLICIES AND PROCEDURES AND FINANCIAL STATEMENTS ARE APPROVED BY THE GOVERNING BODY AND MAINTAINED IN A COMMON LOCATION AT 1 BUTTONHOLE DRIVE, PROVIDENCE, RI 02909. THIS LOCATION IS AVAILABLE TO MEMBERS OF THE GOVERNING BODY, EMPLOYEES AND MEMBERS OF THE PUBLIC BY APPOINTMENT. FORM 990, PART XI, LINE 9: UNREALIZED GAIN/LOSS ON INVESTMENTS -10,498. FED TAX EXPENSE -2,036.