Civic Intelligence

Salem Golf Club

990 • Fiscal year 2015 • EIN 34-0506110

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 05, 2016

1967 S Lincoln AvenueSalem, OH 44460

(330) 332-0346

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

54th percentile

0.30x

Higher debt load relative to assets than 54% of similar nonprofits.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

51st percentile

0.48x

Higher debt load relative to revenue than 51% of similar nonprofits.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2015

Net Margin

81st percentile

19%

Higher net margin than 81% of similar nonprofits.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

80th percentile

$60,961

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2015

Asset Growth

69th percentile

4.0%

Faster asset growth than 69% of similar nonprofits.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

92nd percentile

32%

Faster revenue growth than 92% of similar nonprofits.

2015 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$2,655,132

Up $101,786 (+4.0%) from 2014

Net Assets

Up

$1,852,878

Up $263,696 (+17%) from 2014

Liabilities

Down

$802,254

Down $161,910 (-17%) from 2014

Revenue

Up

$1,685,288

Up $406,702 (+32%) from 2014

Expenses

Down

$1,367,640

Down $148,202 (-9.8%) from 2014

Net Income

Up

$317,648

Up $554,904 (+234%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,257,844Liabilities 2010: $1,073,292Net Assets 2010: $2,184,5522010Assets 2011: $2,977,226Liabilities 2011: $915,337Net Assets 2011: $2,061,8892011Assets 2012: $2,875,590Liabilities 2012: $945,606Net Assets 2012: $1,929,9842012Assets 2013: $2,742,030Liabilities 2013: $938,942Net Assets 2013: $1,803,0882013Assets 2014: $2,553,346Liabilities 2014: $964,164Net Assets 2014: $1,589,1822014Assets 2015: $2,655,132Liabilities 2015: $802,254Net Assets 2015: $1,852,8782015Assets 2016: $2,352,978Liabilities 2016: $569,151Net Assets 2016: $1,783,8272016Assets 2017: $2,255,998Liabilities 2017: $584,999Net Assets 2017: $1,670,9992017Assets 2018: $2,112,651Liabilities 2018: $499,862Net Assets 2018: $1,612,7892018Assets 2019: $2,102,519Liabilities 2019: $769,903Net Assets 2019: $1,332,6162019Assets 2020: $2,054,846Liabilities 2020: $986,088Net Assets 2020: $1,068,7582020Assets 2021: $2,200,626Liabilities 2021: $1,279,272Net Assets 2021: $921,3542021Assets 2022: $1,534,268Liabilities 2022: $1,017,857Net Assets 2022: $516,4112022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2015

Assets$2,655,132
Liabilities$802,254
Net Assets$1,852,878

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,730,5292010Expenses 2011: $1,555,9382011Expenses 2012: $1,580,5642012Revenue 2013: $1,329,789Expenses 2013: $1,549,285Net Income 2013: -$219,4962013Revenue 2014: $1,278,586Expenses 2014: $1,515,842Net Income 2014: -$237,2562014Revenue 2015: $1,685,288Expenses 2015: $1,367,640Net Income 2015: $317,6482015Revenue 2016: $1,290,463Expenses 2016: $1,380,111Net Income 2016: -$89,6482016Revenue 2017: $1,388,055Expenses 2017: $1,488,536Net Income 2017: -$100,4812017Revenue 2018: $1,304,251Expenses 2018: $1,355,793Net Income 2018: -$51,5422018Revenue 2019: $1,150,825Expenses 2019: $1,371,848Net Income 2019: -$221,0232019Revenue 2020: $1,073,935Expenses 2020: $1,337,793Net Income 2020: -$263,8582020Revenue 2021: $1,076,965Expenses 2021: $1,224,369Net Income 2021: -$147,4042021Revenue 2022: $836,815Expenses 2022: $1,241,758Net Income 2022: -$404,9432022Revenue 2023: -$336,042Expenses 2023: $180,369Net Income 2023: -$516,4112023

Highlighted filing

2015

Revenue$1,685,288
Expenses$1,367,640
Net Income$317,648
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 5, 2016
Return Version
2015v2.1
Gross Receipts
$1,921,377
Mission and Program Overview

Mission

The mission of the club is to provide a golf course, lounge, and restaurant for the recreation and fellowship of its members.

The club's mission is to provide a golf course, lounge and restaurant for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,148,188$2,029,049▼ $119,139
Accounts Receivable$284,207$295,621▲ $11,414
Prepaid Expenses and Deferred Charges$44,354$136,161▲ $91,807
Cash and Non-Interest-Bearing Accounts$4,361$126,929▲ $122,568
Inventories for Sale or Use$55,565$51,701▼ $3,864
Intangible Assets$15,671$15,671→ $0
Total Assets$2,553,346$2,655,132▲ $101,786
Other Assets Total$1,000$0▼ $1,000
Liabilities
Other Liabilities$447,794$452,041▲ $4,247
Mortgage Notes Payable Secured by Investment Property$354,467$272,500▼ $81,967
Accounts Payable and Accrued Expenses$161,903$77,713▼ $84,190
Total Liabilities$964,164$802,254▼ $161,910
Net Assets / Fund Balance
Unrestricted Net Assets$1,589,182$1,852,878▲ $263,696
Total Net Assets Fund Balance$1,589,182$1,852,878▲ $263,696
Total Liabilities and Net Assets / Fund Balance$2,553,346$2,655,132▲ $101,786

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,234,797$2,938,733$4,173,530
Equipment$92,244$922,476$1,014,720
Leasehold Improvements$609,164$319,816$928,980
Other Land Buildings$29,584$171,186$200,770
Land$63,260-$63,260
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Roy PaparodisGeneral ManagerFT$60,961$60,961

Board Members and Trustees

NameTitle
Art MaroscherGolf and Games Chairman
Jill HarmonGreens and Grounds Chairma
David W JohnsonMembership Chairman
Howard FriendPool/tennis Chairman
John ButaSocial Chairman
Joe CentofantiTreasurer/finance Chairman
Paul JohnsonPresident
James SmithVice President
Charles PresleySecretary/house Committee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$715,773
Investment Income
$0
Other Revenue
$969,515
Change in Net Assets
$317,648
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$800,562
Other Expenses$567,078
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$623,966--$623,966
Depreciation Depletion$119,139--$119,139
Occupancy$117,876--$117,876
Payroll Taxes$87,524--$87,524
Current Officers, Directors, Trustees, and Key Employees$60,961--$60,961
Other Expenses$40,685--$40,685
Other Employee Benefits$28,111--$28,111
Insurance$27,300--$27,300
All Other Expenses$26,769--$26,769
Interest$12,921--$12,921
Office Expenses$9,474--$9,474
Fees for Services Accounting$4,776--$4,776
Conferences and Meetings$916--$916
Total Functional Expenses$1,367,640$0$0$1,367,640
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned Dues Billed$401,573
Payroll Deductions and Other Funds Held in Trust$50,468
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

All classes of membership have the right to elect members of the governing body and the right to approve significant decisions of the governing body.

Form 990, Part VI, Section A, line 7A

The organization's members vote annually in order to make changes to the board of directors or to replace board members who have left during the year.

Form 990, Part VI, Section B, line 11

The board of directors reviews a draft copy of the 990 at a board meeting prior to the filing of the final return.

Form 990, Part VI, Section B, line 15A

The annual compensation of the club's general manager is reviewed annually by the board of directors, and any increases in compensation are made at the board's discretion.

Form 990, Part VI, Section C, line 19

The club's governing documents and financial statements are available for public review at the office of the club during its normal business hours.

Filing and Contact Details

Filer

Filer Name
Salem Golf Club
EIN
34-0506110
Phone
3303320346
Address
1967 S LINCOLN AVENUE, SALEM, OH 44460

Signing Officer

Name
Joseph Centofanti
Title
Treasurer
Phone
3303320346
Signed
2016-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Centofanti
Formed
1952
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
9
Employees
113
Volunteers
0

Preparer

Firm
Hack Steer & Company LLC
Address
314 East Second Street, Salem, OH 44460
Preparer
Roger E Hack CPA
Phone
3303378713
Raw XML Appendix389 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0715773
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0715773
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt013939
IRS990/PYOtherExpensesAmt0618292
IRS990/PYOtherRevenueAmt0572350
IRS990/PYProgramServiceRevenueAmt0692297
IRS990/PYRevenuesLessExpensesAmt0-237256
IRS990/PYSalariesCompEmpBnftPaidAmt0897550
IRS990/PYTotalExpensesAmt01515842
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01278586
IRS990/ReconcilationRevenueExpnssAmt0317648
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0372760
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01312528
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01234797
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02938733
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04173530
IRS990ScheduleD/EquipmentGrp/BookValueAmt092244
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0922476
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01014720
IRS990ScheduleD/LandGrp/BookValueAmt063260
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt063260
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0609164
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0319816
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0928980
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt029584
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0171186
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0200770
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt050468
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1401573
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL DEDUCTIONS AND OTHER FUNDS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNEARNED DUES BILLED
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02029049
IRS990ScheduleD/TotalLiabilityAmt0452041
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL CLASSES OF MEMBERSHIP HAVE THE RIGHT TO ELECT MEMBERS OF THE GOVERNING BODY AND THE RIGHT TO APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S MEMBERS VOTE ANNUALLY IN ORDER TO MAKE CHANGES TO THE BOARD OF DIRECTORS OR TO REPLACE BOARD MEMBERS WHO HAVE LEFT DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS A DRAFT COPY OF THE 990 AT A BOARD MEETING PRIOR TO THE FILING OF THE FINAL RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ANNUAL COMPENSATION OF THE CLUB'S GENERAL MANAGER IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS, AND ANY INCREASES IN COMPENSATION ARE MADE AT THE BOARD'S DISCRETION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CLUB'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC REVIEW AT THE OFFICE OF THE CLUB DURING ITS NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02553346
IRS990/TotalAssetsEOYAmt02655132
IRS990/TotalAssetsGrp/BOYAmt02553346
IRS990/TotalAssetsGrp/EOYAmt02655132
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt0113
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01367640
IRS990/TotalFunctionalExpensesGrp/TotalAmt01367640
IRS990/TotalGrossUBIAmt0374095
IRS990/TotalLiabilitiesBOYAmt0964164
IRS990/TotalLiabilitiesEOYAmt0802254
IRS990/TotalLiabilitiesGrp/BOYAmt0964164
IRS990/TotalLiabilitiesGrp/EOYAmt0802254
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01589182
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01852878
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01367640
IRS990/TotalProgramServiceRevenueAmt0715773
IRS990/TotalReportableCompFromOrgAmt060961
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01311193
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01685288
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0374095
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02553346
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02655132
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01589182
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01852878
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01967 S LINCOLN AVENUE
IRS990/USAddress/CityNm0SALEM
IRS990/USAddress/StateAbbreviationCd0OH
IRS990/USAddress/ZIPCd044460
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.thesalemgolfclub.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH CENTOFANTI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum03303320346
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SALEM GOLF CLUB
ReturnHeader/Filer/BusinessNameControlTxt0SALE
ReturnHeader/Filer/EIN0340506110
ReturnHeader/Filer/PhoneNum03303320346
ReturnHeader/Filer/USAddress/AddressLine1Txt01967 S LINCOLN AVENUE
ReturnHeader/Filer/USAddress/CityNm0SALEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044460
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205607042
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Hack Steer & Company LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0314 East Second Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Salem
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044460
ReturnHeader/PreparerPersonGrp/PhoneNum03303378713
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Roger E Hack CPA
ReturnHeader/ReturnTs02016-11-14T11:10:34-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.34$0.18$0.52
2022Detailed filing. Detailed filing data is available for this year.$1.53$1.02$0.52$0.84$1.24$0.40
2021Detailed filing. Detailed filing data is available for this year.$2.20$1.28$0.92$1.08$1.22$0.15
2020Detailed filing. Detailed filing data is available for this year.$2.05$0.99$1.07$1.07$1.34$0.26
2019Detailed filing. Detailed filing data is available for this year.$2.10$0.77$1.33$1.15$1.37$0.22
2018Detailed filing. Detailed filing data is available for this year.$2.11$0.50$1.61$1.30$1.36$0.05
2017Detailed filing. Detailed filing data is available for this year.$2.26$0.58$1.67$1.39$1.49$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.35$0.57$1.78$1.29$1.38$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.66$0.80$1.85$1.69$1.37$0.32
2014Detailed filing. Detailed filing data is available for this year.$2.55$0.96$1.59$1.28$1.52$0.24
2013Detailed filing. Detailed filing data is available for this year.$2.74$0.94$1.80$1.33$1.55$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.88$0.95$1.93$1.58
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$0.92$2.06$1.56
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.26$1.07$2.18$1.73