Civic Intelligence

Merit Club

990 • Fiscal year 2020 • EIN 36-3691404

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

1500 Merit Club LaneLibertyville, IL 60048

(480) 991-0500

Siviq Scores

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

Liabilities / Assets

12th percentile

0.08x

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

2020 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

11th percentile

0.13x

Higher debt load relative to revenue than 11% of similar nonprofits.

2020 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2020

Net Margin

93rd percentile

24%

Higher net margin than 93% of similar nonprofits.

2020 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

86th percentile

$233,700

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2020 filings • 501(c)7 • $5M-$10M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$7,755,156

No earlier filing loaded for comparison.

Net Assets

$7,140,616

No earlier filing loaded for comparison.

Liabilities

$614,540

No earlier filing loaded for comparison.

Revenue

$4,635,601

No earlier filing loaded for comparison.

Expenses

$3,521,664

No earlier filing loaded for comparison.

Net Income

$1,113,937

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2020: $7,755,156Liabilities 2020: $614,540Net Assets 2020: $7,140,6162020Assets 2021: $8,458,202Liabilities 2021: $676,988Net Assets 2021: $7,781,2142021Assets 2022: $9,563,804Liabilities 2022: $1,182,597Net Assets 2022: $8,381,2072022Assets 2023: $9,822,189Liabilities 2023: $1,237,504Net Assets 2023: $8,584,6852023Assets 2024: $10,095,088Liabilities 2024: $1,204,686Net Assets 2024: $8,890,4022024

Highlighted filing

2020

Assets$7,755,156
Liabilities$614,540
Net Assets$7,140,616

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2020: $4,635,601Expenses 2020: $3,521,664Net Income 2020: $1,113,9372020Revenue 2021: $4,505,435Expenses 2021: $3,864,837Net Income 2021: $640,5982021Revenue 2022: $4,968,648Expenses 2022: $4,368,655Net Income 2022: $599,9932022Revenue 2023: $5,214,353Expenses 2023: $4,770,875Net Income 2023: $443,4782023Revenue 2024: $5,371,314Expenses 2024: $5,005,597Net Income 2024: $365,7172024

Highlighted filing

2020

Revenue$4,635,601
Expenses$3,521,664
Net Income$1,113,937
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$4,666,660
Mission and Program Overview

Mission

The organization is a tax exempt social club which derives its revenues primarily from membership dues & directly related activities such as food, beverage, and other membership functions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,141,999$4,803,615▼ $338,384
Cash and Non-Interest-Bearing Accounts$1,003,464$2,405,104▲ $1,401,640
Inventories for Sale or Use$539,338$345,792▼ $193,546
Prepaid Expenses and Deferred Charges$96,056$101,883▲ $5,827
Accounts Receivable$50,824$98,762▲ $47,938
Total Assets$6,831,681$7,755,156▲ $923,475
Liabilities
Deferred Revenue$368,635$362,145▼ $6,490
Accounts Payable and Accrued Expenses$436,367$252,395▼ $183,972
Total Liabilities$805,002$614,540▼ $190,462
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,026,679$7,140,616▲ $1,113,937
Total Net Assets Fund Balance$6,026,679$7,140,616▲ $1,113,937
Total Liabilities and Net Assets / Fund Balance$6,831,681$7,755,156▲ $923,475

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,341,841$3,269,748$5,611,589
Equipment$717,306$3,778,933$4,496,239
Leasehold Improvements$1,643,078$1,550,412$3,193,490
Other Land Buildings$101,390$32,065$133,455
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Donald PieperGeneral ManagerFT$200,000$33,700$233,700
John NelsonGrounds Superintend.FT$136,200$5,448$141,648

Board Members and Trustees

NameTitle
Bert a Getz SrPresident
Chris ValentiDirector
George GetzTreasurer
Bert a Getz JrVP & Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,336,387
Program Service Revenue
$1,048,334
Investment Income
$2,046
Other Revenue
$248,834
Change in Net Assets
$1,113,937
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,969,824
Other Expenses$1,551,840
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$1,367,541
Depreciation Depletion---$515,777
Occupancy---$310,485
Current Officers, Directors, Trustees, and Key Employees---$233,700
Other Employee Benefits---$171,927
Payroll Taxes---$155,003
All Other Expenses---$87,799
Pension Plan Contributions---$41,653
Other Expenses---$26,616
Insurance---$19,616
Fees for Services Accounting---$11,932
Fees for Services Legal---$1,235
Fees for Services Other---$160
Travel---$55
Total Functional Expenses$0$0$0$3,521,664
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Bert getz sr is the father of bert getz jr and george getz.

Form 990, Part VI, Section A, Line 6

THE CLUB HAS MEMBERS.

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

The officers are elected annually by the club members.

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

Only changes to the bylaws are approved by the members.

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

The controller received a preliminary copy of the return and reviewed/approved prior to filing. The treasurer signed the final copy.

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

At the annual board meeting, officers must sign an affidavit that all possible conflicts have been disclosed.

Form 990, Part VI, Section B, Line 15

Club manager makes recommendations to the board for all key employee pay increases. The board then makes a decision on these recommendations. Meeting minutes and employee files contain records.

Form 990, Part VI, Section C, Line 19

The club's governing documents and conflict of interest policy are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Merit Club
EIN
36-3691404
Phone
4809910500
Address
1500 MERIT CLUB LANE, LIBERTYVILLE, IL 60048

Signing Officer

Name
George Getz
Title
Treasurer
Phone
4809910500
Signed
2021-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Getz
Formed
1990
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
1
Employees
81
Volunteers
0

Preparer

Firm
Mueller & Co Llp
Address
1707 N RANDALL ROAD, ELGIN, IL 60123
Preparer
Theodore F Slupik
Phone
8478888600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

During the years ended december 31, 2020 and 2019, there were no income tax penalties or interest recognized in the club's financial statements. The club's tax returns for 2017, 2018, 2019, and 2020 are currently subject to examination by the internal revenue service and the illinois department of revenue, generally for three years after they were filed. Management believes there are no uncertain tax positions for the years ended december 31, 2020 and 2019.

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DURING THE YEARS ENDED DECEMBER 31, 2020 AND 2019, THERE WERE NO INCOME TAX PENALTIES OR INTEREST RECOGNIZED IN THE CLUB'S FINANCIAL STATEMENTS. THE CLUB'S TAX RETURNS FOR 2017, 2018, 2019, AND 2020 ARE CURRENTLY SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND THE ILLINOIS DEPARTMENT OF REVENUE, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. MANAGEMENT BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt010064
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt012635
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DONALD PIEPER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0GENERAL MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0233700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE GROUNDS SUPERINTENDANT HAS AN ON-SITE RESIDENCE WHICH IS ALSO USED PERSONALLY. PROVIDING THIS BENEFIT IS PRIMARILY FOR THE CONVENIENCE OF THE CLUB.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 1A
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BERT GETZ SR IS THE FATHER OF BERT GETZ JR AND GEORGE GETZ.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CLUB HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE OFFICERS ARE ELECTED ANNUALLY BY THE CLUB MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ONLY CHANGES TO THE BYLAWS ARE APPROVED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONTROLLER RECEIVED A PRELIMINARY COPY OF THE RETURN AND REVIEWED/APPROVED PRIOR TO FILING. THE TREASURER SIGNED THE FINAL COPY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AT THE ANNUAL BOARD MEETING, OFFICERS MUST SIGN AN AFFIDAVIT THAT ALL POSSIBLE CONFLICTS HAVE BEEN DISCLOSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CLUB MANAGER MAKES RECOMMENDATIONS TO THE BOARD FOR ALL KEY EMPLOYEE PAY INCREASES. THE BOARD THEN MAKES A DECISION ON THESE RECOMMENDATIONS. MEETING MINUTES AND EMPLOYEE FILES CONTAIN RECORDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE CLUB'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0361137200
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0S
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0REAL ESTATE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1VARIOUS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0GLOBE CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1OTHER BROTHERSISTER ENTITIES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt06730 N SCOTTSDALE ROAD SUITE 250
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0SCOTTSDALE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd085253
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0VARIOUS
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0OTHER BROTHERSISTER ENTITIES
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt031893
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0GLOBE CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06831681
IRS990/TotalAssetsEOYAmt07755156
IRS990/TotalAssetsGrp/BOYAmt06831681
IRS990/TotalAssetsGrp/EOYAmt07755156
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt03336387
IRS990/TotalEmployeeCnt081
IRS990/TotalFunctionalExpensesGrp/TotalAmt03521664
IRS990/TotalGrossUBIAmt0104174
IRS990/TotalLiabilitiesBOYAmt0805002
IRS990/TotalLiabilitiesEOYAmt0614540
IRS990/TotalLiabilitiesGrp/BOYAmt0805002
IRS990/TotalLiabilitiesGrp/EOYAmt0614540
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06026679
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07140616
IRS990/TotalOtherCompensationAmt024113
IRS990/TotalProgramServiceRevenueAmt01048334
IRS990/TotalReportableCompFromOrgAmt0351235
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01195040
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04635601
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0104174
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06831681
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07755156
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt055
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01500 MERIT CLUB LN
IRS990/USAddress/CityNm0LIBERTYVILLE
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060048
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0WWW.MERITCLUB.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GEORGE GETZ

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