2015-09-10T11:45:00-07:00 2014-10-31 FUOCO GROUP LLP 200 PARKWAY DRIVE SOUTH SUITE 302 HAUPPAUGE NY 11788 990 2013-11-01 111955994 SHELTER ROCK TENNIS CLUB INC SHEL 5164840100 POWERHOUSE ROAD MANHASSET NY 11030 MAX KROTMAN Treasurer 2015-09-10 true Laura Marques CPA P00830125 6313601700 2013 2016-02-25 16:41:14Z JOHN HERSHEY POWERHOUSE ROAD MANHASSET NY 11030 2595304 false false X WWW.SHELTERROCKTENNISCLUB.COM X 1959 NY TO PROMOTE INTEREST AND SKILL IN THE PLAYING OF TENNIS 14 14 66 12733 -197 0 2198903 2255312 18802 207771 179257 2406674 2453371 0 0 1550187 1568881 0 0 936277 979913 2486464 2548794 -79790 -95423 2061713 2090206 1253113 1303493 808600 786713 TO PROMOTE INTEREST AND SKILL IN THE PLAYING OF TENNIS AND IN OTHER OUTDOOR RECREATION AND TO PROVIDE ATHLETIC AND SOCIAL RECREATION FOR ITS MEMBERS false false 2548794 2453371 OPERATES TENNIS AND POOL FACILITIES AND CLUBHOUSE FOR USE BY ITS MEMBERS 2548794 false false false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false true 7 0 true 66 true true false false false false false false false 13315 false false false X 14 14 false false false false true true true true true false false true false false false true true true true false X SHELTER ROCK TENNIS CLUB INC 5164840100 POWERHOUSE ROAD MANHASSET NY 11030 X DAVID LESTER Director 3.00 0.00 X 0 0 0 HERB STEINBERG Director 3.00 0.00 X 0 0 0 JOEL KLEINER Director 3.00 0.00 X 0 0 0 LISA SEGAL Director 3.00 0.00 X 0 0 0 MARCI WOLFSON Director 3.00 0.00 X 0 0 0 ANDREW BELL Director 3.00 0.00 X 0 0 0 JACK GOLDBERG Director 3.00 0.00 X 0 0 0 SUE KASS Director 3.00 0.00 X 0 0 0 ELLEN FULLER Director 3.00 0.00 X 0 0 0 LISA CARLIN Vice President 3.00 0.00 X 0 0 0 LEE RAISFELD EXEC AT LARGE 3.00 0.00 X 0 0 0 NANCY GRANATOOR Secretary 3.00 0.00 X 0 0 0 JOHN HERSHEY President 3.00 0.00 X 0 0 0 MAX KROTMAN Treasurer 3.00 0.00 X 0 0 0 0 false false false 0 0 MEMBER USE OF SERV 713990 843663 843663 MEMBERSHIP DUES 713990 1411649 1411649 2255312 18802 18802 0 0 0 0 0 0 310320 141933 168387 166524 1863 NON MEMBER REVENUE 10870 10870 10870 2453371 2440638 12733 0 0 0 0 0 0 1253426 0 181007 134448 0 24969 15750 0 0 0 0 0 0 0 0 212066 0 0 0 13352 0 0 0 UTILITIES 250731 CAPITAL EXPENDITURES 147300 EQUIPMENT RENTAL AND MAINTENAN 78998 SUPPLIES 68188 168559 2548794 0 0 0 45465 5051 148274 122919 0 479445 579043 0 0 0 20035 21123 73229 66805 1719576 424311 1295265 1295265 0 0 0 0 0 2061713 2090206 224615 228028 605852 599806 342911 406784 79735 68875 1253113 1303493 X 808600 786713 808600 786713 2061713 2090206 X -95423 73536 X false true X true false 266735 266735 1452841 424311 1028530 1295265 ADVANCE DEPOSITS 68875 68875 X 2595304 141933 141933 2453371 2453371 2690727 141933 141933 2548794 2548794 Part X : FIN48 Footnote THE CLUB IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE, EXCEPT FOR A TAX IN ITS NET UNRELATED BUSINESS INCOME. THE CLUB HAS NOT TAKEN AN UNSUBSTANTIATED TAX POSITION THAT WOULD REQUIRE PROVISION OF A LIABILITY UNDER FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 (FORMERLY FIN INTERPRETATION NO.48) "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES". UNDER ASC 740-10, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED. THE CLUB DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE CLUB HAS FILED IRS FORM 990, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHEN IT IS REQUIRED. THE CLUB'S INFORMATION RETURNS ARE SUBJECT TO REVIEW BY THE APPROPRIATE AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE OF FILING. CURRENTLY, THE RETURNS FOR THE YEARS ENDING OCTOBER 31, 2012 AND SUBSEQUENT, ARE SUBJECT TO REVIEW. FOR THE YEAR ENDED OCTOBER 31, 2014 THERE WAS NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 COST OF SALES INCLUDED IN REVENUES $141933 Part XII, Line 2d: Other expenses and losses per audited F/S COST OF SALES INCLUDED IN REVENUES $141933 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder THE CLUB IS A MEMBERSHIP ORGANIZATION. THE MAJORITY OF THE MEMBERS ARE ALSO STOCKHOLDERS. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body CLUB MEMBERS ELECT BOARD OF DIRECTORS AT THEIR ANNUAL MEETING Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders MAJOR CLUB DECISIONS ARE PRESENTED BY THE BOARD TO THE CLUB MEMBERS FOR THEIR APPROVAL AT THE ANNUAL MEETING. Form 990, Part VI, Line 11b: Form 990 Review Process THE EXECUTIVE COMMITTEE REVIEWS THE FORM 990 BEFORE IT IS FILED. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts THE POLICY IS REGULARLY DISCUSSED AT THE BOARD OF DIRECTOR MEETINGS AND FREQUENTLY DISCUSSED AT MEETINGS WITH THE EMPLOYEES. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management DETERMINED BY REVIEW AND APPROVAL OF BOARD OF DIRECTORS Form 990, Part VI, Line 19: Other Organization Documents Publicly Available UPON REQUEST Other Changes In Net Assets Or Fund Balances - Other Increases CAPITAL STOCK = $73536 SEARINGTOWN ASSOCIATES INC POWERHOUSE ROAD MANHASSET NY 11030 112768912 HOLDER OF REAL PROPERTY NY N/A C CORP 1.00000 false false false false false false false false false false false true false false false false false false false false SEARINGTOWN ASSOCIATES INC k 212066 ACTUAL EXPENSES