Kenwood Country Club is located in Cincinnati, OH. The organization was established in 1940. 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 03/2022, Kenwood Country Club employed 357 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kenwood 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 03/2022, Kenwood Country Club generated $12.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $12.6m during the year ending 03/2022. While expenses have increased by 6.4% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO REMAIN THE PREMIER GOLF AND COUNTRY CLUB IN THE GREATER CINCINNATI AREA. WE WILL CONTINUE OUR TRADITION OF OFFERING A WELCOMING, INCLUSIVE, FAMILY-FRIENDLY ATMOSPHERE WITH SOCIAL AND RECREATIONAL ACTIVITIES FOR MEMBERS AND GUESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GROUNDS AND GREENS EXPENSES
CLUBHOUSE EXPENSES
GOLF SHOP EXPENSES
LOCKER ROOMS, SWIMMING, TENNIS, ETC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dylan Petrick Chief Executive Officer | Officer | 40 | $256,937 |
Joshua Heller Director Of Racquet Sports | Officer | 40 | $179,308 |
Shawn C Costello Director Of Golf | 1 | $159,215 | |
Quentin Dunn Director Of Fitness | 40 | $145,797 | |
Daniel Plunkett Assistant General Manager | 40 | $133,351 | |
Charles Deidesheimer Director Of Finance | Officer | 40 | $127,251 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Alsco Inc Linen Services | 3/30/22 | $149,296 |
Wehrkamp Enterprises Golf Course Maintenance | 3/30/22 | $134,708 |
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 | $13,520,883 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$1,055,119 |
Miscellaneous Revenue | $0 |
Total Revenue | $12,714,296 |
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. | $724,371 |
Compensation of current officers, directors, key employees. | $724,371 |
Compensation to disqualified persons | $3,596,655 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $102,011 |
Other employee benefits | $496,820 |
Payroll taxes | $405,455 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $157,419 |
Advertising and promotion | $0 |
Office expenses | $249,695 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,978,227 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $444,336 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,607,348 |
Insurance | $133,936 |
All other expenses | $628,046 |
Total functional expenses | $12,583,111 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$1 |
Savings and temporary cash investments | $317,584 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,884,071 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $474,563 |
Prepaid expenses and deferred charges | $409,640 |
Net Land, buildings, and equipment | $23,519,646 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $26,605,503 |
Accounts payable and accrued expenses | $2,007,776 |
Grants payable | $0 |
Deferred revenue | $1,170,478 |
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 | $9,504,502 |
Unsecured mortgages and notes payable | $1,800,000 |
Other liabilities | $0 |
Total liabilities | $14,482,756 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $12,122,747 |
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 | $26,605,503 |
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