Dunes Club in Narragansett, Rhode Island (RI)

Table of contents:

Organization representatives - add corrected or new information about Dunes Club »

Non-representatives - add comments about Dunes Club»

Dunes Club
Employer Identification Number (EIN)050132538
Name of OrganizationDunes Club
Address137 Boston Neck Rd, Narragansett, RI 02882-3106
ActivitiesOther social activities
SubsectionPleasure, Recreational, or Social Club
Ruling Date11/1951
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period10/2012
Assets$5,000,000 to $9,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$6,471,625
Amount of Income$4,587,945
Form 990 Revenue Amount$2,931,109
National Taxonomy of Exempt Entities (NTEE)Recreation, Sports, Leisure, Athletics: Recreational, Pleasure, or Social Club


Non-representatives - add comments:


CAPTCHA

Your IP address 54.90.49.181 will be logged.

Amount of income in 2012: $4,587,945
This organization: 

 $4,587,945
Other organizations performing similar types of work: 

 $3,158,747

Assets in 2012: $6,471,625
This organization: 

 $6,471,625
Other organizations performing similar types of work: 

 $4,103,003

Expenses in 2002: $2,178,480
Dunes Club: 

 $2,178,480
Other organizations performing similar types of work: 

 $2,661,845

Income to expenses ratio in 2002: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.0

Number of employees in 2002: 11
This organization: 

 11
Other organizations performing similar types of work: 

 58

Financial snapshot ($)

Revenue for 2002

Assets at end of 2002

Income-Producing Activities for 2002

Revenue, Expenses, and Changes in Net Assets or Fund Balances
200020012002
Total revenue$1,858,752$1,942,285$2,358,804
Contributions, gifts, grants, and similar amounts received$0$0$0
Contributions to donor advised funds
Direct public support$0$0$0
Indirect public support$0$0$0
Government contributions (grants)$0$0$0
Program service revenue including government fees and contracts$253,401$276,510$284,628
Membership dues and assessments$1,406,445$1,460,660$1,797,450
Interest on savings and temporary cash investments$0$0$0
Dividends and interest from securities$20,550$23,484$13,058
Net rental income or (loss)$2,000$2,000$2,000
Gross rents$2,000$2,000$2,000
Less: rental expenses$0$0$0
Other investment income$0$0$0
Gain or (loss) from sales of assets other than inventory$1,392$5,014$27,531
Gross amount from sales of assets other than inventory$136,913$192,582$408,000
Less: cost or other basis and sales expenses$135,521$187,568$380,469
Net income or (loss) from special events and activities$0$0$0
Gross revenue$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0
Gross profit or (loss) from sales of inventory$64,529$64,250$121,384
Gross sales of inventory, less returns and allowances$896,241$924,608$1,024,780
Less: cost of goods sold$831,712$860,358$903,396
Other revenue$110,435$110,367$112,753
Total expenses$1,776,525$1,927,712$2,178,480
Program services$0$0$0
Management and general$0$0$0
Fundraising$0$0$0
Payments to affiliates$0$0$0
Net assets or fund balances at end of year$1,795,044$1,809,617$1,969,213
Excess or (deficit) for the year$82,227$14,573$180,324
Net assets or fund balances at beginning of year$1,712,817$1,795,044$1,809,617
Other changes in net assets or fund balances$0$0$-20,728
Statement of Functional Expenses (for 2002)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$2,178,480$0$0$0
Grants paid from donor advised funds
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$857,441$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$100,024$0$0$0
Payroll taxes$80,897$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$42,895$0$0$0
Supplies$36,845$0$0$0
Telephone$4,779$0$0$0
Postage and shipping$12,484$0$0$0
Occupancy$258,550$0$0$0
Equipment rental and maintenance$18,432$0$0$0
Printing and publications$10,711$0$0$0
Travel$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0
Interest$17,299$0$0$0
Depreciation, depletion, etc.$226,849$0$0$0
Other expenses not covered above$511,274$0$0$0
Balance Sheets
200020012002
Total assets$2,696,929$2,954,979$2,919,627
Cash - non-interest-bearing$17,549$81,804$61,880
Savings and temporary cash investments$474,862$440,272$534,131
Accounts receivable less allowance for doubtful accounts$66,227$79,187$122,214
Pledges receivable less allowance for doubtful accounts$0$0$0
Grants receivable$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0$0$0
Inventories for sale or use$43,330$40,504$39,882
Prepaid expenses and deferred charges$42,150$55,380$57,401
Investments - publicly-traded securities
Investments - other securities$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$1,778,027$1,922,651$0
Investments - other$202,284$230,181$0
Land, buildings, and equipment less accumulated depreciation$0$0$1,944,619
Other assets, including program-related investments$72,500$105,000$159,500
Total liabilities$901,885$1,145,362$950,414
Accounts payable and accrued expenses$128,421$181,088$273,903
Grants payable$0$0$0
Deferred revenue$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0
Tax-exempt bond liabilities$0$0$0
Mortgages and other notes payable$366,670$460,000$127,380
Other liabilities$406,794$504,274$549,131
Total liabilities and net assets/fund balances$2,696,929$2,954,979$2,919,627
Total net assets or fund balances$1,795,044$1,809,617$1,969,213
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200020012002
Total revenue$1,858,752$1,942,285$2,358,804
Total revenue, gains, and other support per audited financial statements$1,858,752$1,942,285$3,262,200
Other expenses$0$0$903,396
Net unrealized gains on investments$0$0$0
Donated services and use of facilities$0$0$0
Recoveries of prior year grants$0$0$0
Other$0$0$903,396
Other revenue$0$0$0
Investment expenses$0$0$0
Other$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200020012002
Total expenses$1,776,525$1,927,712$2,178,480
Total expenses and losses per audited financial statements$1,776,525$1,927,712$3,102,604
Other revenue$0$0$924,124
Donated services and use of facilities$0$0$0
Prior year adjustments$0$0$0
Losses$0$0$0
Other$0$0$924,124
Other expenses$0$0$0
Investment expenses$0$0$0
Other$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$302,400
Gross receipts for public use of club facilities$91,549
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 200611
Analysis of Income-Producing Activities (for 2002)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$34,589$0$2,324,215
Program service revenue
Program service revenue 1000000$000$0$108,298
Program service revenue 2000000$000$0$124,950
Program service revenue 3000000$000$0$41,446
Program service revenue 4000000$000$0$9,934
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$1,797,450
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securitiesInvestment activities of section 501(c)(7), (9), or (17) organizations$13,05800$0$0
Net rental income or (loss) from real estate
debt-financed propertyOther activities related to real estate$2,00000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventoryInvestment activities of section 501(c)(7), (9), or (17) organizations$19,53100$0$8,000
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$121,384
Other revenue000000$000$0$112,753
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2002)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
Enter the total number of donor advised funds owned at the end of the tax year
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
199920002001
Total$0$0$0
Gifts, grants, and contributions received$0$0$0
Membership fees received$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0
Net income from unrelated business activities not included above$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0
Other income$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2002)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$430,444
Gross receipts for public use of club facilities $226,773
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$3,004,862
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$2,851,629
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$25,331
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$2,000
Gross rents (Real / Personal)$2,000 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$2,000 / $0
Net loss from sales of assets other than inventory$-6,245
Gross amount from sales of assets other than inventory (Securities / Other)$177,288 / $0
Less: cost or other basis and sales expenses (Securities / Other)$171,412 / $12,121
Gain or (loss) (Securities / Other)$5,876 / $-12,121
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$99,196
Gross sales of inventory, less returns and allowances$1,556,700
Less: cost of goods sold$1,457,504
Miscellaneous Revenue$32,951
Statement of Functional Expenses (for 2011)
Total functional expenses$2,655,927
Compensation of current officers, directors, trustees, and key employees$185,000
Other salaries and wages$897,199
Payroll taxes$118,655
Professional fundraising services$0
Other$1,455,073
Balance Sheet (for 2011)
Total assets$6,223,083
Total liabilities$1,078,158
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$125,000
Unsecured notes and loans payable to unrelated third parties$310,102
Other$643,056
Total net assets or fund balances$5,144,925
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Dunes Club to others? (optional)
  
Add photo of Dunes Club (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»


Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Northwestern University, Society Of Women Engineers2145 Sheridan Road Room L291, Evanston, IL 60208-3102IL1945-05$3,493,558,140
2Prairie Meadows Race Track & Casino Inc1 Prairie Meadows Dr, Altoona, IA 50009-2100IA1989-03$2,196,058,509
3Elderhostel Inc, Dba Road Scholar11 Avenue De Lafayette, Boston, MA 02111-1736MA1978-04$218,145,338
4New York Athletic Club180 Central Park S, New York, NY 10019-1562NY1934-11$56,800,736
5University Club1 W 54th St, New York, NY 10019-5404NY1934-09$55,552,448
6Olympic Club524 Post St, San Francisco, CA 94102-1229CA1958-03$51,592,996
7Boca West Country Club20583 Boca West Dr, Boca Raton, FL 33434-4708FL1992-12$47,751,276
8Jonathan Club545 S Figueroa St, Los Angeles, CA 90071-1704CA1974-04$40,022,309
9Toastmasters International, Achievers Club 29036121 Nw 41 Dr, Coral Springs, FL 33067FL1945-05$37,183,367
10The Union League Of Philadelphia140 S Broad St, Philadelphia, PA 19102-3003PA1918-11$34,552,822
11Yale Club Of New York City50 Vanderbilt Avenue, New York City, NY 10017-3803NY1930-07$34,541,304
12Harvard Club Of New York City27 W 44th St, New York, NY 10036-6613NY1942-01$33,485,331
13Congressional Country Club Inc8500 River Rd, Bethesda, MD 20817-2699MD1934-10$32,647,611
14Multnomah Athletic Club1849 Sw Salmon St, Portland, OR 97205-1726OR1969-04$32,362,285
15Chicago Athletic Association Chicago Athletic Club39 S Lasalle Street Ste 925, Chicago, IL 60603-1701IL1938-06$32,247,031
16Country Club Of Virginia Inc6031 Saint Andrews Ln, Richmond, VA 23226-3210VA1951-11$32,029,970
17Cherokee Town & Country Club Inc155 W Paces Ferry Rd Nw, Atlanta, GA 30305-1305GA1957-07$30,984,505
18Capital City Club Inc7 John Portman Blvd, Atlanta, GA 30303-1017GA1941-11$30,468,830
19River Oaks Country Club1600 River Oaks Blvd, Houston, TX 77019-1299TX1938-08$28,660,513
20Johns Island Club Inc3 Johns Island Dr, Vero Beach, FL 32963-3234FL1995-02$27,772,479
21Rhode Island Country ClubPO BOX 74, Barrington, RI 02806-0074RI1934-10$5,776,935
22Dunes Club137 Boston Neck Rd, Narragansett, RI 02882-3106RI1951-11$4,587,945
23Agawam Hunt15 Roger Williams Avenue, Rumford, RI 02916-3510RI1934-07$3,342,652
24Hope Club6 Benevolent St, Providence, RI 02906-1103RI1950-10$2,909,671
25Pawtucket Country Club Inc900 Armistice Blvd, Pawtucket, RI 02861-3322RI1956-04$2,591,761
26Wanumetonomy Golf & Country Club Inc152 Browns Ln, Middletown, RI 02842-4502RI1955-08$2,307,324
27Rhode Island Yacht Club1 Ocean Ave, Cranston, RI 02905-3624RI1974-01$729,155
28Warrens Point Beach Club Inc Sakonnet Day Camp At WpbcPO BOX 151, L Compton, RI 02837-0151RI1965-10$474,217
29Cercle Laurier Inc165 E School St, Woonsocket, RI 02895-1353RI1995-07$407,692
30Edgewood Yacht Club1 Shaw Ave, Cranston, RI 02905-4019RI1947-10$307,286
Number of organizations performing similar types of work
Alaska3
Alabama18
Arkansas11
Arizona48
California238
Colorado25
Connecticut63
District of Columbia21
Delaware14
Florida136
Georgia62
Hawaii9
Iowa26
Idaho7
Illinois117
Indiana39
Kansas20
Kentucky16
Louisiana21
Massachusetts82
Maryland58
Maine14
Michigan76
Minnesota29
Missouri43
Mississippi9
Montana3
North Carolina72
North Dakota5
Nebraska9
New Hampshire8
New Jersey72
New Mexico13
Nevada12
New York150
Ohio87
Oklahoma12
Oregon24
Pennsylvania122
Rhode Island17
South Carolina28
South Dakota3
Tennessee29
Texas130
Utah12
Virginia86
Vermont5
Washington60
Wisconsin31
West Virginia5
Wyoming5
International1
Total2,206

faqs.org is not associated with, endorsed by, or sponsored by Dunes Club and has no official or unofficial affiliation with Dunes Club