Nonprofit · EIN 22-1407427
SOMERSET LAKE & GAME CLUB
Tax-exempt · FAR HILLS, NJ 07931
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990 | $792,398 | $780,630 | $11,768 | $2,607,136 | $2,529 | $2,604,607 |
| March 31, 2025 | 990 | $739,203 | $749,861 | -$10,658 | $2,482,686 | $4,794 | $2,477,892 |
| March 31, 2024 | 990 | $697,853 | $586,428 | $111,425 | $2,448,182 | $5,261 | $2,442,921 |
Financial details: 990 for the year ended March 31, 2026
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $768,142
- Investment income
- $24,256
- Net gain from sales of assets
- $250
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $192,299
- Salaries, compensation and benefits (total)
- $209,815
- Professional fundraising fees
- $0
- Accounting fees
- $9,007
- Occupancy
- $143,614
- Depreciation
- $290,734
- Program services (functional)
- $312,793
- Management and general (functional)
- $177,103
Balance sheet and other
- Total assets, start of year
- $2,482,686
- Total assets, end of year
- $2,607,136
- Total liabilities, end of year
- $2,529
- Net assets, end of year
- $2,604,607
- Land, buildings and equipment
- $1,387,612
- Publicly traded securities
- $1,198,808
- Net assets without donor restrictions
- $2,604,607
- Gross unrelated business income
- $24,256
- Gross receipts
- $792,467
- Employees
- 52
- Volunteers
- 10
- Year formed
- 1917
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended March 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Osterman | Trustee Trustee or director | 1 | $0 |
| Lauren Diemar | Trustee Trustee or director | 1 | $0 |
| William Seifert | Vice President Trustee or director, Officer | 1 | $0 |
| Matthew Phillips | Trustee Trustee or director | 1 | $0 |
| James Elliott | Treasurer Trustee or director, Officer | 1 | $0 |
| Arden Miller | President Trustee or director, Officer | 1 | $0 |
| Marianne Saladino | Secretary Trustee or director, Officer | 1 | $0 |
| Samara Alboum | Trustee Trustee or director | 1 | $0 |
| Eve Russo | Trustee Trustee or director | 1 | $0 |
| Glenn Likus | Trustee Trustee or director | 1 | $0 |
990 for the year ended March 31, 2025: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Osterman | Trustee Trustee or director | 1 | $0 |
| Lauren Diemar | Trustee Trustee or director | 1 | $0 |
| William Seifert | Vice Presndent Trustee or director, Officer | 1 | $0 |
| Matthew Phillips | Trustee Trustee or director | 1 | $0 |
| James Elliott | Treasurer Trustee or director, Officer | 1 | $0 |
| Arden Miller | President Trustee or director, Officer | 1 | $0 |
| Marianne Saladino | Secretary Trustee or director, Officer | 1 | $0 |
| Laura Jelinick | Trustee Trustee or director | 1 | $0 |
| Kelly Macomber | Trustee Trustee or director | 1 | $0 |
| Glenn Likus | Trustee Trustee or director | 1 | $0 |
990 for the year ended March 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Osterman | Trustee Trustee or director | 1 | $0 |
| Lauren Diemar | Trustee Trustee or director | 1 | $0 |
| John Turpin | President Trustee or director, Officer | 1 | $0 |
| Matthew Phillips | Trustee Trustee or director | 1 | $0 |
| Tressa Baird | Trustee Trustee or director | 1 | $0 |
| Arden Miller | Treasurer Trustee or director, Officer | 1 | $0 |
| Marianne Saladino | Secretary Trustee or director, Officer | 1 | $0 |
| Laura Jelinick | Trustee Trustee or director | 1 | $0 |
| Kelly Macomber | Trustee Trustee or director | 1 | $0 |
| Glenn Likus | Trustee Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 351, FAR HILLS, NJ 07931-0351
- Principal officer (990 for 2025)
- James Elliott, PO Box 351, Far Hills, NJ 07931
- Signed the 990
- James T Elliott, Treasurer
- Phone
- (917) 913-5229
- Return prepared by
- Ehmann & Co LLP CPAs
Mission
SOMERSET LAKE & GAME CLUB WAS FORMED FOR SOCIAL, INTELLECTUAL AND RECREATIONAL PURPOSES.
Program accomplishments
- PROGRAMS PROVIDED INCLUDE SWIMMING, BOATING, FISHING, AND PICNICS FOR THE MEMBER FAMILIES.
- FIVE (5) WEEK SUMMER CAMP FOR CHILDREN OF THE MEMBERS FROM AGES 4 TO 13. THE PARTICIPANTS ARE ENGAGED IN ARTS AND CRAFTS, GAMES AND SWIMMING DURING THE 3 HOUR CAMP SESSION.
- TENNIS LESSONS ARE OFFERED TO MEMBERS AND THEIR FAMILIES
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990 on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 22-1407427
- Tax-exempt status
- 501(c)(7): Social or recreational club
- Donations deductible
- No
- Exempt since
- 1934
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,607,136
- Income (IRS master file)
- $792,467
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2026 | $792,398 | $780,630 | $2,607,136 | XML |
| 990 | March 2025 | $739,203 | $749,861 | $2,482,686 | XML |
| 990 | March 2024 | $697,853 | $586,428 | $2,448,182 | XML |
| 990 | March 2023 | $610,087 | $616,640 | $2,188,829 | IRS |
| 990 | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-1407427).
Questions about SOMERSET LAKE & GAME CLUB
- What is the EIN of SOMERSET LAKE & GAME CLUB?
- The employer identification number (EIN) of SOMERSET LAKE & GAME CLUB is 22-1407427.
- Is SOMERSET LAKE & GAME CLUB tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1934.
- Are donations to SOMERSET LAKE & GAME CLUB tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SOMERSET LAKE & GAME CLUB file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SOMERSET LAKE & GAME CLUB due?
- The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOMERSET LAKE & GAME CLUB last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2026.
- Who is the principal officer of SOMERSET LAKE & GAME CLUB?
- The 990 for the year ended March 31, 2026 names James Elliott.
- Who are the officers and directors of SOMERSET LAKE & GAME CLUB?
- The 990 for the year ended March 31, 2026 lists 10 people; 0 received compensation from the organization.
- How much revenue does SOMERSET LAKE & GAME CLUB have?
- On its 990 for the year ended March 31, 2026 it reported revenue of $792,398, expenses of $780,630 and total assets of $2,607,136 at year end.
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