Salem Golf Club
- Assets
- $2.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 93
- Location
- Salem, OH
- Founding
- 08/1972
- Data as of
- 12/2021
- EIN
- 34-0506110
Organization Overview
Salem Golf Club is located in Salem, OH. The organization was established in 1972. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Salem Golf Club employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Golf Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Salem Golf Club generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CLUB'S MISSION IS TO PROVIDE A GOLF COURSE, LOUNGE AND RESTAURANT FOR ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENDITURES MADE TO PROVIDE A GOLF COURSE, LOUNGE AND RESTAURANT FOR THE RECREATION AND FELLOWSHIPS OF ITS MEMBERS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Kilgore Treasurer | OfficerTrustee | 2 | $0 |
James Grubbs President | OfficerTrustee | 2 | $0 |
Jim Sanor Vice Preside | OfficerTrustee | 2 | $0 |
Karen Sebo Secretary | OfficerTrustee | 2 | $0 |
Ewing Buta Golf And Gam | Trustee | 2 | $0 |
Howard Friend Greens And G | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $569,398 |
| Investment income | $875 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $506,692 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,076,965 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $580,158 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,290 |
| Payroll taxes | $71,417 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,996 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $126,271 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,624 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $121,200 |
| Insurance | $44,650 |
| All other expenses | $43,946 |
| Total functional expenses | $1,224,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $199,405 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $229,088 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $85,601 |
| Prepaid expenses and deferred charges | $64,900 |
| Net Land, buildings, and equipment | $1,605,961 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $15,671 |
| Other assets | $0 |
| Total assets | $2,200,626 |
| Accounts payable and accrued expenses | $85,437 |
| Grants payable | $449,900 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $289,032 |
| Unsecured mortgages and notes payable | $172,955 |
| Other liabilities | $281,948 |
| Total liabilities | $1,279,272 |
| Net assets without donor restrictions | $912,730 |
| Net assets with donor restrictions | $8,624 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,200,626 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Zeta National Housing Corporation Oxford, OH | $87,996,446 | $22,719,151 |
Saucon Valley Country Club Bethlehem, PA | $67,852,931 | $24,203,066 |
Philadelphia Cricket Club Philadelphia, PA | $37,903,760 | $20,280,729 |
Rolling Rock Club Ligonier, PA | $40,965,761 | $18,300,601 |
Delta Zeta Nat'l Housing Co (group Return) Oxford, OH | $23,862,160 | $20,580,612 |
Alpha Chi Omega Fraternity Inc Indianapolis, IN | $29,119,055 | $16,507,869 |
Scioto Country Club Inc Columbus, OH | $33,295,673 | $14,482,821 |
Philadelphia Country Club Gladwyne, PA | $32,330,060 | $13,976,423 |
Kenwood Country Club Cincinnati, OH | $26,605,503 | $12,714,296 |
Merion Golf Club Ardmore, PA | $47,289,704 | $14,329,733 |
Merion Cricket Club Haverford, PA | $51,258,941 | $16,918,678 |
St Clair Country Club Upper St Clair, PA | $22,536,238 | $13,310,395 |