Civic Intelligence

Saddle & Cycle Club

EIN 36-1720250 • 501(c)7 • Chicago, IL

Profile

This organization provides pleasure and recreation to its members under the internal revenue code section 501(c)(7)

900 West Foster AveChicago, IL 60640

saddleandcycle.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

14th percentile

0.11x

Higher debt load relative to assets than 14% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

12th percentile

0.19x

Higher debt load relative to revenue than 12% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Source year 2024

Net Margin

20th percentile

-2.1%

Higher net margin than 20% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

94th percentile

$404,572

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

$10M-$25M nonprofits • Source year 2024

Asset Growth

21st percentile

-0.2%

Faster asset growth than 21% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

33rd percentile

3.9%

Faster revenue growth than 33% of similar nonprofits.

501(c)7 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Assets

Down

$17,957,669

Down $1,756 (-0.0%) from 2023

Liabilities

Up

$2,062,644

Up $227,113 (+12%) from 2023

Net Assets

Down

$15,895,025

Down $228,869 (-1.4%) from 2023

Revenue

Up

$10,665,572

Up $319,830 (+3.1%) from 2023

Expenses

Up

$10,891,190

Up $500,475 (+4.8%) from 2023

Net Income

Down

-$225,618

Down $180,645 (-402%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2011: $12,891,157Liabilities 2011: $1,236,145Net Assets 2011: $11,655,0122011Assets 2012: $13,304,627Liabilities 2012: $1,325,930Net Assets 2012: $11,978,6972012Assets 2013: $15,174,278Liabilities 2013: $1,592,992Net Assets 2013: $13,581,2862013Assets 2014: $15,523,027Liabilities 2014: $1,434,245Net Assets 2014: $14,088,7822014Assets 2015: $16,158,233Liabilities 2015: $1,534,193Net Assets 2015: $14,624,0402015Assets 2016: $16,469,965Liabilities 2016: $1,655,197Net Assets 2016: $14,814,7682016Assets 2017: $16,452,019Liabilities 2017: $1,744,743Net Assets 2017: $14,707,2762017Assets 2018: $16,186,817Liabilities 2018: $1,149,783Net Assets 2018: $15,037,0342018Assets 2019: $17,230,074Liabilities 2019: $1,314,337Net Assets 2019: $15,915,7372019Assets 2020: $17,299,331Liabilities 2020: $1,446,253Net Assets 2020: $15,853,0782020Assets 2021: $18,719,065Liabilities 2021: $1,654,911Net Assets 2021: $17,064,1542021Assets 2022: $18,047,395Liabilities 2022: $1,942,856Net Assets 2022: $16,104,5392022Assets 2023: $17,959,425Liabilities 2023: $1,835,531Net Assets 2023: $16,123,8942023Assets 2024: $17,957,669Liabilities 2024: $2,062,644Net Assets 2024: $15,895,0252024

Highlighted filing

2024

Assets$17,957,669
Liabilities$2,062,644
Net Assets$15,895,025

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $6,263,7872011Expenses 2012: $6,513,6742012Revenue 2013: $8,485,890Expenses 2013: $6,883,301Net Income 2013: $1,602,5892013Revenue 2014: $7,844,331Expenses 2014: $7,336,835Net Income 2014: $507,4962014Revenue 2015: $8,111,055Expenses 2015: $7,575,797Net Income 2015: $535,2582015Revenue 2016: $7,995,096Expenses 2016: $7,804,368Net Income 2016: $190,7282016Revenue 2017: $8,414,641Expenses 2017: $8,522,133Net Income 2017: -$107,4922017Revenue 2018: $8,511,799Expenses 2018: $8,182,041Net Income 2018: $329,7582018Revenue 2019: $8,691,518Expenses 2019: $7,812,815Net Income 2019: $878,7032019Revenue 2020: $7,565,706Expenses 2020: $7,633,830Net Income 2020: -$68,1242020Revenue 2021: $9,773,306Expenses 2021: $8,556,690Net Income 2021: $1,216,6162021Revenue 2022: $9,882,525Expenses 2022: $10,781,790Net Income 2022: -$899,2652022Revenue 2023: $10,345,742Expenses 2023: $10,390,715Net Income 2023: -$44,9732023Revenue 2024: $10,665,572Expenses 2024: $10,891,190Net Income 2024: -$225,6182024

Highlighted filing

2024

Revenue$10,665,572
Expenses$10,891,190
Net Income-$225,618

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$2.06$15.9$10.7$10.9$0.23
2023Detailed filing. Detailed filing data is available for this year.$18.0$1.84$16.1$10.3$10.4$0.04
2022Detailed filing. Detailed filing data is available for this year.$18.0$1.94$16.1$9.88$10.8$0.90
2021Detailed filing. Detailed filing data is available for this year.$18.7$1.65$17.1$9.77$8.56$1.22
2020Detailed filing. Detailed filing data is available for this year.$17.3$1.45$15.9$7.57$7.63$0.07
2019Detailed filing. Detailed filing data is available for this year.$17.2$1.31$15.9$8.69$7.81$0.88
2018Detailed filing. Detailed filing data is available for this year.$16.2$1.15$15.0$8.51$8.18$0.33
2017Detailed filing. Detailed filing data is available for this year.$16.5$1.74$14.7$8.41$8.52$0.11
2016Detailed filing. Detailed filing data is available for this year.$16.5$1.66$14.8$8.00$7.80$0.19
2015Detailed filing. Detailed filing data is available for this year.$16.2$1.53$14.6$8.11$7.58$0.54
2014Detailed filing. Detailed filing data is available for this year.$15.5$1.43$14.1$7.84$7.34$0.51
2013Detailed filing. Detailed filing data is available for this year.$15.2$1.59$13.6$8.49$6.88$1.60
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.3$1.33$12.0$6.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$1.24$11.7$6.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$11,796,880
Mission and Program Overview

Mission

This organization provides pleasure and recreation to its members under internal revenue code section 501(c)(7).

This organization provides pleasure and recreation to its members under the internal revenue code section 501(c)(7)

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,824,659$13,329,915▲ $1,505,256
Savings and Temporary Cash Investments$2,914,212$2,965,270▲ $51,058
Cash and Non-Interest-Bearing Accounts$2,281,406$877,594▼ $1,403,812
Accounts Receivable$541,274$463,769▼ $77,505
Inventories for Sale or Use$192,945$182,179▼ $10,766
Prepaid Expenses and Deferred Charges$204,929$138,942▼ $65,987
Total Assets$17,959,425$17,957,669▼ $1,756
Liabilities
Accounts Payable and Accrued Expenses$1,618,450$2,062,644▲ $444,194
Deferred Revenue$217,081$0▼ $217,081
Total Liabilities$1,835,531$2,062,644▲ $227,113
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,123,894$15,895,025▼ $228,869
Total Net Assets Fund Balance$16,123,894$15,895,025▼ $228,869
Total Liabilities and Net Assets / Fund Balance$17,959,425$17,957,669▼ $1,756

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,763,840$10,910,667$18,674,507
Equipment$269,261$4,442,149$4,711,410
Land$4,365,155-$4,365,155
Other Land Buildings$931,659$527,718$1,459,377
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elisha CiceroneGeneral ManagerFT$343,562$61,010$404,572
Liz Cruz OrellanaDirector of RacquetsroFT$204,571$39,740$244,311
Paul LarsonChefFT$137,242$16,629$153,871
Christian DuchnakRacquets ProFT$134,104$12,574$146,678
Alexandre CotardRacquets ProFT$128,034$1,058$129,092
Kim MaioreControllerFT$66,290$474$66,764

Board Members and Trustees

NameTitle
Tom HollebPresident
Mike GallagherVice-president
Barb SessionsBoard Member
Bob ThomasBoard Member
Elizabeth MccarthyBoard Member
Margaret UnetuchBoard Member
Mason PhelpsBoard Member
Meghan ArchibaldBoard Member
Michael Casey HermanBoard Member
Pati HeestandBoard Member
Robbie EverestBoard Member
Steven PrassasBoard Member
Mark CozziTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Cr PetersonTennis Court Construction785 OAKWOOD RD SUITE S108, Lake Zurich, IL 60047$547,436
P4 Security CompaniesSecurity Services2801 FINLEY RD SUITE 103, Downers Grove, IL 60515$460,344
US FoodsFood And Paper Goods800 SUPREME DR, Bensenville, IL 60106$276,522
M&a ConstructionConstruction6457 N NEVA AVE, Chicago, IL 60631$231,650
Osceola Fence & Security CorpConstruction1928 N LEAMINGTON AVE, Chicago, IL 60639$203,280
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,431,112
Investment Income
$132,015
Other Revenue
$2,102,445
Change in Net Assets
$-225,618

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,748,172
Revenue Not Reported on Financial Statements
$-1,082,600
Revenue Not Reported on Form 990
$-3,251
Other Revenue Adjustments
$-1,082,600
Total Revenue per Audited Statements
$11,744,921
Total Revenue per Form 990
$10,665,572
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,958,122
Other Expenses$4,933,068
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$4,685,266
All Other Expenses---$1,652,296
Occupancy---$1,358,382
Depreciation Depletion---$877,117
Current Officers, Directors, Trustees, and Key Employees---$471,367
Payroll Taxes---$411,939
Other Employee Benefits---$389,403
Office Expenses---$298,434
Insurance---$223,539
Fees for Services Other---$141,085
Fees for Services Accounting---$68,693
Fees for Services Legal---$47,440
Other Expenses---$27,562
Pension Plan Contributions---$147
Total Functional Expenses$0$0$0$10,891,190

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,973,790
Expenses per Audited Statements$10,891,190
Total Expenses per Form 990$10,891,190
Expenses Not Reported on Form 990$1,082,600
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The club leases its full-time employees from a payroll leasing service under an agreement which is renewed annually.

Form 990, Part VI, Section A, Line 6

The saddle & cycle club was incorporated as a membership organization.

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

General membership elects officers and governors at its annual meeting.

Form 990, Part VI, Section A, Line 7B

Real estate purchases and sales and liquidation of club assets both require a 2/3 vote of its equity membership.

Form 990, Part VI, Section B, Line 11B

The review of form 990 was conducted by the director of finance, the general manager, and the treasurer. The final form 990 was also made available to all voting members of the board prior to filing.

Form 990, Part VI, Section B, Line 12C

The conflict-of-interest policy is affirmed annually by the club's general manager. The policy covers all governors of the club and the senior management staff of the club. It disallows those covered from voting on, participating in, or using personal influence in connection with any decision or the resolution of any issue or matter involving the covered person to which the covered person has a business or financial interest in the outcome. Annually, each covered person shall annually complete a disclosure form identifying any business or financial interest in connection with any proposed or current transactions, or any transactions during the prior 12 months.

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

The president of the board determines the salary of the general manager after reviewing performance during the past year versus goals and objectives, and given industry standards the general manager determines the salaries of staff members annually after reviewing performance during the past year versus goals and objectives, experience on the job, and given industry standards.

Form 990, Part VI, Section C, Line 19

The club does not make its governing documents, conflict of interest policy, or financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Saddle & Cycle Club
EIN
36-1720250
Phone
7732756600
Address
900 WEST FOSTER AVE, CHICAGO, IL 60640

Signing Officer

Name
Michael Casey Herman
Title
Treasurer
Phone
7732756600
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Holleb
Formed
1895
Legal Domicile
Il
Voting Board Members
13
Independent Board Members
13
Employees
204
Volunteers
13

Preparer

Firm
Selden Fox Ltd
Address
ONE PARKVIEW PLAZA SUITE 710, OAKBROOK TERRACE, IL 60181
Preparer
Paul J Rozek
Phone
6309541400
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 3B

The 2024 form 990-t is still in process and will be filed as soon as possible.

Financial Statement Notes

PART X, LINE 2:

The club is a private membership club and is exempt from federal income taxes under section 501(c)(7) of the internal revenue code. Under this section, unrelated business income is subject to federal and state taxes at corporate rates. As of december 31, 2024, the club's income tax returns for fiscal years 2021 and subsequent are open to examination by the irs. Accounting standards codification ("asc") topic 740-10, "accounting for uncertainty in income taxes," requires that uncertain income tax positions be recorded in the financial statements at an amount that would most likely be realized assuming a review by the tax authorities. Management has assessed its income tax positions and believes any potential liability that might arise from a review by tax authorities would be immaterial to the financial statements taken as a whole.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Unrealized gain/loss on investment -3,251.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Cost of goods sold -1,082,600.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold 1,082,600.

Raw XML AppendixShowing 400 of 557 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/Form990PartVIISectionAGrp/PersonNm3ELIZABETH MCCARTHY
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IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL CASEY HERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9MASON PHELPS
IRS990/Form990PartVIISectionAGrp/PersonNm10BARB SESSIONS
IRS990/Form990PartVIISectionAGrp/PersonNm11BOB THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm12MARGARET UNETUCH
IRS990/Form990PartVIISectionAGrp/PersonNm13ELISHA CICERONE
IRS990/Form990PartVIISectionAGrp/PersonNm14KIM MAIORE
IRS990/Form990PartVIISectionAGrp/PersonNm15LIZ CRUZ ORELLANA
IRS990/Form990PartVIISectionAGrp/PersonNm16PAUL LARSON
IRS990/Form990PartVIISectionAGrp/PersonNm17ALEXANDRE COTARD
IRS990/Form990PartVIISectionAGrp/PersonNm18CHRISTIAN DUCHNAK
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13GENERAL MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt14CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF RACQUETSRO
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHEF
IRS990/Form990PartVIISectionAGrp/TitleTxt17RACQUETS PRO
IRS990/Form990PartVIISectionAGrp/TitleTxt18RACQUETS PRO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd00
IRS990/FormationYr01895
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-48708
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt011796880
IRS990/GrossReceiptsForPublicUseAmt01252024
IRS990/GrossSalesOfInventoryAmt03185045
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
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IRS990/InsuranceGrp/TotalAmt0223539
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IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THIS ORGANIZATION PROVIDES PLEASURE AND RECREATION TO ITS MEMBERS UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(7)
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IRS990/MoreThan5000KToOrgInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt015895025
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-48708
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IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0728139
IRS990/NetUnrelatedBusTxblIncmAmt0250432
IRS990/NetUnrlzdGainsLossesInvstAmt0-3251
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IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt01358382
IRS990/OfficeExpensesGrp/TotalAmt0298434
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0389403
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1INCOME TAX
IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/TotalAmt0178323
IRS990/OtherExpensesGrp/TotalAmt160197
IRS990/OtherExpensesGrp/TotalAmt227562
IRS990/OtherSalariesAndWagesGrp/TotalAmt04685266
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt0411939
IRS990/PensionPlanContributionsGrp/TotalAmt0147
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0204929
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0138942
IRS990/PrincipalOfficerNm0TOM HOLLEB
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IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1INITIATION FEES
IRS990/ProgramServiceRevenueGrp/Desc2YOUTH ACTIVITIES
IRS990/ProgramServiceRevenueGrp/Desc3RAQUETS
IRS990/ProgramServiceRevenueGrp/Desc4AQUATICS
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IRS990/ReportOtherAssetsInd00
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IRS990/ReportProgramRelatedInvstInd00
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt02965270
IRS990/ScheduleBRequiredInd00
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt010910667
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018674507
IRS990ScheduleD/EquipmentGrp/BookValueAmt0269261
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04442149
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04711410
IRS990ScheduleD/ExpensesNotReportedAmt01082600
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt010891190
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt04365155
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04365155
IRS990ScheduleD/OtherExpensesIncludedAmt01082600
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0931659
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0527718
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01459377
IRS990ScheduleD/OtherRevenueAmt0-3251
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-1082600
IRS990ScheduleD/RevenueNotReportedAmt0-3251
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-1082600
IRS990ScheduleD/RevenueSubtotalAmt011748172
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CLUB IS A PRIVATE MEMBERSHIP CLUB AND IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. UNDER THIS SECTION, UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL AND STATE TAXES AT CORPORATE RATES. AS OF DECEMBER 31, 2024, THE CLUB'S INCOME TAX RETURNS FOR FISCAL YEARS 2021 AND SUBSEQUENT ARE OPEN TO EXAMINATION BY THE IRS. ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES," REQUIRES THAT UNCERTAIN INCOME TAX POSITIONS BE RECORDED IN THE FINANCIAL STATEMENTS AT AN AMOUNT THAT WOULD MOST LIKELY BE REALIZED ASSUMING A REVIEW BY THE TAX AUTHORITIES. MANAGEMENT HAS ASSESSED ITS INCOME TAX POSITIONS AND BELIEVES ANY POTENTIAL LIABILITY THAT MIGHT ARISE FROM A REVIEW BY TAX AUTHORITIES WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1UNREALIZED GAIN/LOSS ON INVESTMENT -3,251.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COST OF GOODS SOLD -1,082,600.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3COST OF GOODS SOLD 1,082,600.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:

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