Civic Intelligence

Town Club

990 • Fiscal year 2020 • EIN 39-0662000

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 10, 2021

Refreshing map…

7950 N Santa Monica BlvdMilwaukee, WI 53217

(414) 352-6800

Siviq Scores

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

Liabilities / Assets

64th percentile

0.38x

Higher debt load relative to assets than 64% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

68th percentile

0.93x

Higher debt load relative to revenue than 68% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Net Margin

18th percentile

-11%

Higher net margin than 18% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

89th percentile

$107,155

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 5.8% of source-year revenue.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Source year 2020

Asset Growth

75th percentile

6.6%

Faster asset growth than 75% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

42nd percentile

-8.3%

Faster revenue growth than 42% of similar nonprofits.

2020 filings • 501(c)7 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$4,540,025

Up $282,888 (+6.6%) from 2019

Net Assets

Down

$2,821,728

Down $152,705 (-5.1%) from 2019

Liabilities

Up

$1,718,297

Up $435,593 (+34%) from 2019

Revenue

Down

$1,842,934

Down $167,881 (-8.3%) from 2019

Expenses

Up

$2,045,763

Up $146,643 (+7.7%) from 2019

Net Income

Down

-$202,829

Down $314,524 (-282%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,876,615Liabilities 2010: $1,681,390Net Assets 2010: $3,195,2252010Assets 2011: $4,671,094Liabilities 2011: $1,687,479Net Assets 2011: $2,983,6152011Assets 2012: $4,597,144Liabilities 2012: $1,835,815Net Assets 2012: $2,761,3292012Assets 2013: $4,584,101Liabilities 2013: $1,868,490Net Assets 2013: $2,715,6112013Assets 2014: $4,465,589Liabilities 2014: $1,886,696Net Assets 2014: $2,578,8932014Assets 2015: $4,372,879Liabilities 2015: $1,770,942Net Assets 2015: $2,601,9372015Assets 2016: $4,327,747Liabilities 2016: $1,693,322Net Assets 2016: $2,634,4252016Assets 2017: $4,289,603Liabilities 2017: $1,605,345Net Assets 2017: $2,684,2582017Assets 2018: $4,177,086Liabilities 2018: $1,314,348Net Assets 2018: $2,862,7382018Assets 2019: $4,257,137Liabilities 2019: $1,282,704Net Assets 2019: $2,974,4332019Assets 2020: $4,540,025Liabilities 2020: $1,718,297Net Assets 2020: $2,821,7282020Assets 2021: $4,319,432Liabilities 2021: $1,685,797Net Assets 2021: $2,633,6352021Assets 2022: $4,211,300Liabilities 2022: $1,628,037Net Assets 2022: $2,583,2632022Assets 2023: $4,008,515Liabilities 2023: $1,529,016Net Assets 2023: $2,479,4992023Assets 2024: $4,026,906Liabilities 2024: $1,543,306Net Assets 2024: $2,483,6002024

Highlighted filing

2020

Assets$4,540,025
Liabilities$1,718,297
Net Assets$2,821,728

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,159,8892010Expenses 2011: $2,189,9952011Expenses 2012: $2,094,4432012Revenue 2013: $2,043,709Expenses 2013: $2,148,354Net Income 2013: -$104,6452013Revenue 2014: $2,109,110Expenses 2014: $2,214,806Net Income 2014: -$105,6962014Revenue 2015: $2,283,810Expenses 2015: $2,260,766Net Income 2015: $23,0442015Revenue 2016: $2,327,759Expenses 2016: $2,295,271Net Income 2016: $32,4882016Revenue 2017: $2,359,835Expenses 2017: $2,310,002Net Income 2017: $49,8332017Revenue 2018: $2,480,384Expenses 2018: $2,301,904Net Income 2018: $178,4802018Revenue 2019: $2,010,815Expenses 2019: $1,899,120Net Income 2019: $111,6952019Revenue 2020: $1,842,934Expenses 2020: $2,045,763Net Income 2020: -$202,8292020Revenue 2021: $2,449,966Expenses 2021: $2,638,059Net Income 2021: -$188,0932021Revenue 2022: $2,308,223Expenses 2022: $2,358,595Net Income 2022: -$50,3722022Revenue 2023: $2,436,169Expenses 2023: $2,539,933Net Income 2023: -$103,7642023Revenue 2024: $2,849,238Expenses 2024: $2,845,137Net Income 2024: $4,1012024

Highlighted filing

2020

Revenue$1,842,934
Expenses$2,045,763
Net Income-$202,829
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 10, 2021
Return Version
2020v4.1
Gross Receipts
$2,677,166
Mission and Program Overview

Mission

To provide recreational and social facilities for its members

The town club is a private country club located in fox point, wisconsin. The club provides full service dining, swim and tennis for its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,081,223$3,300,221▲ $218,998
Accounts Receivable$605,007$835,418▲ $230,411
Inventories for Sale or Use$68,676$75,187▲ $6,511
Prepaid Expenses and Deferred Charges$28,280$37,992▲ $9,712
Savings and Temporary Cash Investments$205,763$7,823▼ $197,940
Cash and Non-Interest-Bearing Accounts$500$500→ $0
Total Assets$4,257,137$4,540,025▲ $282,888
Other Assets Total$267,688$282,884▲ $15,196
Liabilities
Mortgage Notes Payable Secured by Investment Property$378,921$743,781▲ $364,860
Deferred Revenue$392,558$389,049▼ $3,509
Other Liabilities$335,304$351,087▲ $15,783
Accounts Payable and Accrued Expenses$175,921$234,380▲ $58,459
Total Liabilities$1,282,704$1,718,297▲ $435,593
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,914,762$2,761,749▼ $153,013
Net Assets With Donor Restrictions$59,671$59,979▲ $308
Total Net Assets Fund Balance$2,974,433$2,821,728▼ $152,705
Total Liabilities and Net Assets / Fund Balance$4,257,137$4,540,025▲ $282,888

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,447,393$2,492,727$4,940,120
Other Land Buildings$522,684$1,043,837$1,566,521
Equipment$267,544$1,199,871$1,467,415
Land$62,600-$62,600
Other Assets Org$282,884--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Frank DilapoClub ManagerFT$95,140$12,015$107,155
Patrick McdonaldFormer Club ManagerFT$40,511$6,580$47,091

Board Members and Trustees

NameTitle
Stephen M SpadaforaImmediate Past President
Dorothy ShortPresident
Thomas Savage JrVice President
Andrew VapDirector
Grant BurrallDirector
Joseph MatteraDirector
Katie ReadDirector
Linda MackayDirector
Mitchell CoxDirector
Molly MulcahyDirector
Tanja FeltonDirector
Victor ReckmeyerDirector
William FordDirector
Peter T KlugSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,989,986
Investment Income
$14,574
Other Revenue
$-161,626
Change in Net Assets
$-202,829

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,827,535
Revenue Not Reported on Financial Statements
$15,399
Revenue Not Reported on Form 990
$1,102,171
Other Revenue Adjustments
$15,399
Total Revenue per Audited Statements
$2,929,706
Total Revenue per Form 990
$1,842,934
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,284,691
Salaries, Compensation, and Employee Benefits$761,072
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$527,777
Other Salaries and Wages---$492,424
Depreciation Depletion---$209,246
Fees for Services Other---$155,431
Current Officers, Directors, Trustees, and Key Employees---$154,246
Office Expenses---$66,233
Payroll Taxes---$62,571
Fees for Services Accounting---$52,003
All Other Expenses---$46,928
Information Technology---$40,333
Other Employee Benefits---$32,106
Interest---$29,207
Pension Plan Contributions---$19,725
Other Expenses---$3,842
Conferences and Meetings---$1,252
Total Functional Expenses$0$0$0$2,045,763

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,132,535
Total Expenses per Form 990$2,045,763
Expenses per Audited Statements$2,030,364
Expenses Not Reported on Form 990$1,102,171
Expenses Not Reported on Financial Statements$15,399
Other Expense Adjustments$15,399
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
Accrued Employee Retirement Benefit$282,884
Accrued Post Employment Benefits$68,203
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Conflict-of-interest policy
No
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 6

The town club has members.

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

All "class a" members vote annually for the board of directors

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

If a large assessment were to be charged to the members then the governing body must receive approval from the members.

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

The form 990 is made available to the board of directors annually.

Form 990, Part VI, Section B, Line 15

The executive committee performs a review of key personnel and makes salary adjustments annually.

Form 990, Part VI, Section C, Line 19

The documents are available upon request from the club office.

Filing and Contact Details

Filer

Filer Name
Town Club
EIN
39-0662000
Phone
4143526800
Address
7950 N SANTA MONICA BLVD, MILWAUKEE, WI 53217

Signing Officer

Name
Frank Dilapo
Title
General Manager
Phone
4143526800
Signed
2021-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Dilapo
Formed
1901
Legal Domicile
Wi
Voting Board Members
14
Independent Board Members
14
Employees
137
Volunteers
14

Preparer

Firm
Reilly Penner & Benton Llp
Address
1233 NORTH MAYFAIR ROAD SUITE 302, MILWAUKEE, WI 53226-3255
Phone
4142717800
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The process has not changed from the prior year.

Part XI, Line 8

Prior period adjustment for inventory, which was determined that beverage inventory was understated by $50,124 as of december 31, 2019. Thus, prior period adjustement decreased cost of sales for bar by $50,124 for the year ending december 31, 2019 and increased membership equity by $50,124 as of december 31, 2019.

Financial Statement Notes

PART X, LINE 2:

Fin 48 footnote - the club has implemented accounting for uncertainty in income taxes in accordance with u.s. Gaap. This standard describes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and also provides guidance on various related matters such as derecognizing, interest, penalties and disclosure required. Management of the club evaluates the uncertain tax positions taken, if any, and consults with outside counsel as deemed necessary. The club recognizes interest and penalties, if any, related to unrecognized tax liabilities in income tax expense.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold - labor 440,250. Cost of goods sold - purchases 323,450. Employee retention credit 295,130. House charges 42,285. Other losses 1,056.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Investment income - dividends, capital gains and realized gains 15,399.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Cost of goods sold - labor 440,250. Cost of goods sold - purchases 323,450. Employee retention credit 295,130. House charges 42,285.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Pension plan accruals and contributions 15,399.

Raw XML AppendixShowing 400 of 488 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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14CLUB MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt15FORMER CLUB MANAGER
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IRS990/Form990TFiledInd01
IRS990/FormationYr01901
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-1056
IRS990/GainOrLossGrp/SecuritiesAmt013018
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt040209
IRS990/GrossReceiptsAmt02677166
IRS990/GrossReceiptsForPublicUseAmt019013
IRS990/GrossSalesOfInventoryAmt0633569
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt040333
IRS990/InitiationFeesAndCapContriAmt0115200
IRS990/InterestGrp/TotalAmt029207
IRS990/InventoriesForSaleOrUseGrp/BOYAmt068676
IRS990/InventoriesForSaleOrUseGrp/EOYAmt075187
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02612
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt02612
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt015
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04736435
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03081223
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03300221
IRS990/LandBldgEquipCostOrOtherBssAmt08036656
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt01056
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt027191
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE RECREATIONAL AND SOCIAL FACILITIES FOR ITS MEMBERS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0378921
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0743781
IRS990/NetAssetsOrFundBalancesBOYAmt02974433
IRS990/NetAssetsOrFundBalancesEOYAmt02821728
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-1056
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt011962
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt013018
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-159380
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-172416
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-13036
IRS990/NetUnrelatedBusTxblIncmAmt012992
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt02914762
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02761749
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OccupancyGrp/TotalAmt0527777
IRS990/OfficeExpensesGrp/TotalAmt066233
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0267688
IRS990/OtherAssetsTotalGrp/EOYAmt0282884
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt032106
IRS990/OtherExpensesGrp/Desc0ACTIVITY SUPPLIES
IRS990/OtherExpensesGrp/Desc1OPERATING
IRS990/OtherExpensesGrp/Desc2EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc3UNREALTED BUSINESS INCO
IRS990/OtherExpensesGrp/TotalAmt0134036
IRS990/OtherExpensesGrp/TotalAmt19334
IRS990/OtherExpensesGrp/TotalAmt29069
IRS990/OtherExpensesGrp/TotalAmt33842
IRS990/OtherLiabilitiesGrp/BOYAmt0335304
IRS990/OtherLiabilitiesGrp/EOYAmt0351087
IRS990/OtherRevenueMiscGrp/BusinessCd0713910
IRS990/OtherRevenueMiscGrp/BusinessCd1713910
IRS990/OtherRevenueMiscGrp/Desc0FINANCE CHARGE
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09549
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11241
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09549
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11241
IRS990/OtherRevenueTotalAmt010790
IRS990/OtherSalariesAndWagesGrp/TotalAmt0492424
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt062571
IRS990/PensionPlanContributionsGrp/TotalAmt019725
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt028280
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt037992
IRS990/PrincipalOfficerNm0FRANK DILAPO
IRS990/PriorPeriodAdjustmentsAmt050124
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713910
IRS990/ProgramServiceRevenueGrp/BusinessCd1713910
IRS990/ProgramServiceRevenueGrp/Desc0MEMBER DUES & ASSESSME
IRS990/ProgramServiceRevenueGrp/Desc1ACTIVITY FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01766818
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1223168
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01766818
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1223168
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt018346
IRS990/PYOtherExpensesAmt01131943
IRS990/PYOtherRevenueAmt0-8629
IRS990/PYProgramServiceRevenueAmt02001098
IRS990/PYRevenuesLessExpensesAmt0111695
IRS990/PYSalariesCompEmpBnftPaidAmt0767177
IRS990/PYTotalExpensesAmt01899120
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02010815
IRS990/ReconcilationRevenueExpnssAmt0-202829
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0205763
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07823
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02447393
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02492727
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04940120
IRS990ScheduleD/EquipmentGrp/BookValueAmt0267544
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01199871
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01467415
IRS990ScheduleD/ExpensesNotReportedAmt01102171
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt015399
IRS990ScheduleD/ExpensesSubtotalAmt02030364
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt062600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt062600
IRS990ScheduleD/LossesReportedAmt01056
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0282884
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0EMPLOYEE RETIREMENT INVESTMENTS
IRS990ScheduleD/OtherExpensesIncludedAmt01101115
IRS990ScheduleD/OtherExpensesNotIncludedAmt015399
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0522684
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01043837
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01566521
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0282884
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt168203
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EMPLOYEE RETIREMENT BENEFIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED POST EMPLOYMENT BENEFITS
IRS990ScheduleD/OtherRevenueAmt01102171
IRS990ScheduleD/OtherRevenuesNotIncludedAmt015399
IRS990ScheduleD/RevenueNotReportedAmt01102171
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt015399
IRS990ScheduleD/RevenueSubtotalAmt01827535
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 FOOTNOTE - THE CLUB HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH U.S. GAAP. THIS STANDARD DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNIZING, INTEREST, PENALTIES AND DISCLOSURE REQUIRED. MANAGEMENT OF THE CLUB EVALUATES THE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, AND CONSULTS WITH OUTSIDE COUNSEL AS DEEMED NECESSARY. THE CLUB RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1COST OF GOODS SOLD - LABOR 440,250. COST OF GOODS SOLD - PURCHASES 323,450. EMPLOYEE RETENTION CREDIT 295,130. HOUSE CHARGES 42,285. OTHER LOSSES 1,056.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INVESTMENT INCOME - DIVIDENDS, CAPITAL GAINS AND REALIZED GAINS 15,399.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3COST OF GOODS SOLD - LABOR 440,250. COST OF GOODS SOLD - PURCHASES 323,450. EMPLOYEE RETENTION CREDIT 295,130. HOUSE CHARGES 42,285.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt4PENSION PLAN ACCRUALS AND CONTRIBUTIONS 15,399.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03300221
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0282884
IRS990ScheduleD/TotalExpensesPerForm990Amt02045763
IRS990ScheduleD/TotalLiabilityAmt0351087
IRS990ScheduleD/TotalRevenuePerForm990Amt01842934
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02929706
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03132535
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt040511
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt0424
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt06156
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0PATRICK MCDONALD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FORMER CLUB MANAGER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt047091
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TOWN CLUB HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL "CLASS A" MEMBERS VOTE ANNUALLY FOR THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IF A LARGE ASSESSMENT WERE TO BE CHARGED TO THE MEMBERS THEN THE GOVERNING BODY MUST RECEIVE APPROVAL FROM THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE EXECUTIVE COMMITTEE PERFORMS A REVIEW OF KEY PERSONNEL AND MAKES SALARY ADJUSTMENTS ANNUALLY.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.03$1.54$2.48$2.85$2.85$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.01$1.53$2.48$2.44$2.54$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.21$1.63$2.58$2.31$2.36$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.32$1.69$2.63$2.45$2.64$0.19
2020Detailed filing. Detailed filing data is available for this year.$4.54$1.72$2.82$1.84$2.05$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.26$1.28$2.97$2.01$1.90$0.11
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.18$1.31$2.86$2.48$2.30$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.29$1.61$2.68$2.36$2.31$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.33$1.69$2.63$2.33$2.30$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.37$1.77$2.60$2.28$2.26$0.02
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.47$1.89$2.58$2.11$2.21$0.11
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.58$1.87$2.72$2.04$2.15$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.60$1.84$2.76$2.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$1.69$2.98$2.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.88$1.68$3.20$2.16