Butterfield Country Club
- Assets
- $37.9m
- Revenue
- $15.3m
- Investments
- $103.0k
- Employees
- 463
- Location
- Oak Brook, IL
- Founding
- 03/1937
- Data as of
- 04/2023
- EIN
- 36-0860710
Organization Overview
Butterfield Country Club is located in Oak Brook, IL. The organization was established in 1937. 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 04/2023, Butterfield Country Club employed 463 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Butterfield Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 04/2023, Butterfield Country Club generated $15.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $14.8m during the year ending 04/2023. While expenses have increased by 4.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CLUB IS ORGANIZED FOR PLEASURE, RECREATION, AND OTHER NONPROFITABLE PURPOSES IN ACCORDANCE WITH INTERNAL REVENUE CODE 501(C)(7)
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE SOCIAL CLUB PROVIDING GOLF, SWIMMING, RECREATIONAL, AND DININGFACILITIES FOR THE EXCLUSIVE BENEFIT OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Healy President | OfficerTrustee | 5 | $0 |
John Cassidy End 622 President | OfficerTrustee | 5 | $0 |
Philip Allen Vice President | OfficerTrustee | 5 | $0 |
Brad Livingston Treasurer | OfficerTrustee | 5 | $0 |
Kevin Bastuga Secretary | Trustee | 5 | $0 |
Rosie Conway Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Advanced Turf Solutions Grounds Maintainence | 4/29/21 | $102,161 |
Compassmsp Llc It Support/computer Upgrade | 4/29/21 | $101,245 |
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 | $10,611,821 |
| Investment income | $169,931 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $25,611 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $4,468,448 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,314,527 |
| 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. | $1,011,742 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,089,592 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $890,784 |
| Payroll taxes | $763,014 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $59,035 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $94,727 |
| Advertising and promotion | $0 |
| Office expenses | $320,547 |
| Information technology | $143,425 |
| Royalties | $0 |
| Occupancy | $573,132 |
| Travel | $12,197 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,961 |
| Interest | $260,008 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,313,598 |
| Insurance | $0 |
| All other expenses | $308,648 |
| Total functional expenses | $14,802,830 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $709,435 |
| Savings and temporary cash investments | $6,703,929 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $972,660 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,058,171 |
| Prepaid expenses and deferred charges | $210,698 |
| Net Land, buildings, and equipment | $27,906,846 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $102,967 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $252,918 |
| Total assets | $37,917,624 |
| Accounts payable and accrued expenses | $1,584,560 |
| Grants payable | $0 |
| Deferred revenue | $473,132 |
| 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 | $4,922,427 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $448,136 |
| Total liabilities | $7,428,255 |
| Net assets without donor restrictions | $30,489,369 |
| Net assets with donor restrictions | $0 |
| 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 | $37,917,624 |