2025-10-15T11:21:50-05:00 2024-12-31 570776381 WEBSTERROGERS LLP 1411 2ND LOOP RD FLORENCE SC 29505 990 2024-01-01 570905091 SPRING ISLAND CLUB SPRI 8439872002 174 CALLAWASSIE DRIVE OKATIE SC 29910 TOM LODGE PRESIDENT 8439872002 2025-10-15 1 1 TABATHA R BELLFLOWERSEA P01314866 8436655900 2025-10-15 2024 2025-03-06 01:10:19Z TOM LODGE 174 CALLAWASSIE DRIVE OKATIE SC 29910 15918415 0 X WWW.SPRINGISLAND.COM X 1990 SC COUNTRY CLUB WHICH PROVIDES ITS MEMBERS WITH VARIOUS SOCIAL FUNCTIONS AND SERVICES. 10 10 120 0 54702 0 0 0 8273386 10921744 187791 390008 2953666 3344380 11414843 14656132 0 0 0 0 4793590 5081169 0 0 0 6894208 6688868 11687798 11770037 -272955 2886095 21668974 31795359 6291426 13531716 15377548 18263643 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 1 111 0 1 120 1 1 1 0 0 0 0 0 0 1200000 0 0 0 0 X 10 10 0 0 1 0 1 1 1 1 0 0 0 1 1 1 1 0 0 0 0 0 X CRAIG J SIMONSON 8439872127 174 CALLAWASSIE DRIVE OKATIE SC 29909 X GREG VEZZOSI DIRECTOR 5.00 X 0 0 0 RANDY ROGERS DIRECTOR 5.00 X 0 0 0 RICHARD GARRISON DIRECTOR 5.00 X 0 0 0 JUDI GRASSI DIRECTOR 5.00 X 0 0 0 JEAN WOODWORTH-SOREM DIRECTOR 5.00 X 0 0 0 ANDREW GEOGHEGAN DIRECTOR 5.00 X 0 0 0 GEOFF HARGADON VICE-PRESIDENT 5.00 X 0 0 0 THOMAS LODGE PRESIDENT 5.00 X 0 0 0 DANA WHITE TREASURER 5.00 X 0 0 0 SALLY WHEELER SECRETARY 5.00 X 0 0 0 JAY GRATTON DIRECTOR OF GROUNDS AND CO 40.00 X 271499 0 27983 TAMMY RANDOLPH DIRECTOR OF RECREATION AND 40.00 X 134615 0 16640 WILLIAM SAMPSON DIRECTOR OF GOLF INSTRUCTI 40.00 X 180737 0 33117 DEBRA GERLACH DIRECTOR OF CLUB OPERATION 40.00 X 174284 0 12152 DOUGLAS GADDY DIRECTOR OF FACILITIES 40.00 X 127538 0 4862 CHARLES SWANSON DIRECTOR OF GOLF 40.00 X 191685 0 27998 JEREMY HALKER EXECUTIVE CHEF 40.00 X 153200 0 4221 LARRY ANGUS TENNIS PROFESSIONAL 40.00 X 142146 0 30594 ADAM CRIBITT GOLF COURSE SUPERINTENDENT 40.00 X 148212 0 8927 RYAN GOOD FITNESS 40.00 X 105804 0 20981 WILLIAM STENACK DIRECTOR OF OUTDOOR ACTIVI 40.00 X 105640 0 3866 ASHLEIGH WHITMORE MEMBERSHIP/COMMUNCATIONS 40.00 X 105173 0 29034 1840533 0 220375 12 0 1 0 PALMA ENTERPRISES PO BOX 21428 HILTON HEAD ISLAND SC 29925 CONTRACT LABOR 961336 KENNETH SCOTT BUILDERS PO BOX 1590 BLUFFTON SC 29910 BUILDER 694745 GADDY PROPERTIES LLC 2608 LEGARE STREET BEAUFORT SC 29902 GENERAL CONTRACTOR 354994 PHOENIX FINANCIAL SERVICES LLC 174 CALLAWASSIE DR OKATIE SC 29909 FINANCIAL SERVICES 339425 FERGUSON EARTHWORKS PO BOX 357 GREENPOND SC 29446 LAND MANAGEMENT 247679 7 MEMBERSHIP DUES AND ASSESSMENTS 713910 8685162 8685162 SPECIAL ASSESSMENT REVENUE 713910 1598624 1598624 GOLF OPERATION REVENUES 713910 636275 636275 LATE FEES CHARGED 713910 1683 1683 10921744 390013 390013 5 -5 -5 -5 1954730 1262278 692452 637750 54702 MEMBERSHIP TRANSFER FEE 713910 1320000 1320000 PROGRAM REVENUES, ART MUSIC, REC 713910 729888 729888 ALL OTHER REVENUE 713910 602040 602040 2651928 14656132 14211422 54702 390008 4599301 101310 380558 14035 362650 303070 1129606 1140171 SUPPLIES 1237660 GENERAL AND ADMIN 811876 REPAIRS & MAINTENACE 455179 PROGRAM COSTS - ART AND 291975 942646 11770037 2040407 2547543 1461477 4932513 5277564 10647595 10000 5000 325307 297487 57665 87800 29026642 16080722 11735896 12945920 760658 331501 21668974 31795359 562895 957859 4789658 12073262 938873 500595 6291426 13531716 X 15377548 18263643 15377548 18263643 21668974 31795359 2886095 0 X X 0 1 X 1 0 392342 392342 14010066 5220616 8789450 1903171 1586745 316426 12721063 9273361 3447702 12945920 GOLF LESSONS PAYABLE -2304 RIDING LESSONS PAYABLE 3390 SHOOTING LESSONS PAYABLE 400 HOUSEKEEPING SERVICE CHARGE 11884 TENNIS MERCHANDISE LIABILITY 1696 COTTAGE RENTAL PAYABLE 1409 DUE TO/FROM PHOENIX FINANCIAL SVCS. 16379 DUE TO/FROM POA 29794 GIFT CERTIFICATES SPORTS COMPLEX 2318 CHRISTMAS FUND 42972 SC SALES TAX PAYABLE 21692 LOCAL ACCOMODATIONS TAX 818 LOCAL HOSPITALITY TAX 4246 -- LIQUOR EXCISE TAX (%) 902 SC ACCOMMODATIONS TAX PAYABLE 2182 -- LOCAL ADMISSIONS TAX (.%) 367 SC ADMISSIONS TAX PAYABLE DUES 734 GRATUITY/SERVICE CHARGE PAYABLE 47285 WR LEASE LIABILITY 314479 OTHER PAYABLES -48 500595 X 15918410 1262278 1262278 14656132 0 14656132 13032315 1262278 1262278 11770037 0 11770037 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, 2024, AS THERE IS NO NET TAXABLE INCOME FROM NON-MEMBER AND INVESTMENT ACTIVITIES DURING THIS YEAR. THERE WERE NO DEFERRED INCOME TAXES IN 2024. 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, 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD CHARGED AGAINST REVENUE 1,262,278. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD CHARGED AGAINST REVENUE 1,262,278. X 1 1 X X 0 0 0 JAY GRATTON DIRECTOR OF GROUNDS AND CO 251499 0 20000 0 0 0 0 0 27983 0 299482 0 0 0 CHARLES SWANSON DIRECTOR OF GOLF 167685 0 24000 0 0 0 0 0 27998 0 219683 0 0 0 WILLIAM SAMPSON DIRECTOR OF GOLF INSTRUCTI 175237 0 5500 0 0 0 0 0 33117 0 213854 0 0 0 DEBRA GERLACH DIRECTOR OF CLUB OPERATION 156284 0 18000 0 0 0 0 0 12152 0 186436 0 0 0 LARRY ANGUS TENNIS PROFESSIONAL 139546 0 2600 0 0 0 0 0 30594 0 172740 0 0 0 JEREMY HALKER EXECUTIVE CHEF 140700 0 12500 0 0 0 0 0 4221 0 157421 0 0 0 ADAM CRIBITT GOLF COURSE SUPERINTENDENT 144012 0 4200 0 0 0 0 0 8927 0 157139 0 0 0 TAMMY RANDOLPH DIRECTOR OF RECREATION AND 127115 0 7500 0 0 0 0 0 16640 0 151255 0 0 0 TAMMY RANDOLPH CURRENT DIRECTOR OF FITNESS RETENTION INCENTIVE X 50000 5000 0 1 1 5000 FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED THEIR BYLAWS FOR SECTION 5.05 NOTING THAT FOR SPRING ISLAND MEMBERSHIPS ACQUIRED ON OR AFTER JULY 1, 2024, THERE SHALL BE NO REFUND. 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 0 1 0 0 0 0 SPRING ISLAND PROPERTY OWNERS ASSOCIATION O 478807