Cleveland Skating Club
- Assets
- $6.4m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 89
- Location
- Shaker Heights, OH
- Founding
- 06/1938
- Data as of
- 03/2022
- EIN
- 34-0152618
Organization Overview
Cleveland Skating Club is located in Shaker Heights, OH. The organization was established in 1938. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 03/2022, Cleveland Skating Club employed 89 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cleveland Skating 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, Cleveland Skating Club generated $3.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $3.4m during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 7 years. 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
PROVIDE SOCIAL AND PHYSICAL FITNESS ACTIVITIES FOR ITS MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SOCIAL AND PHYSICAL FITNESS ACTIVITIES FOR ITS MEMBERS. THE CLUB FACILITIES INCLUDE SKATING, TENNIS, SQUASH, AND SWIMMING, DINING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Feuerman General Manager | 50 | $180,345 | |
Pat Peters President | OfficerTrustee | 4 | $0 |
Wayne Barry Treasurer | OfficerTrustee | 4 | $0 |
Mark Anderson Secretary | OfficerTrustee | 4 | $0 |
Julia Kaesberg Secretary | OfficerTrustee | 4 | $0 |
Catherine Levy Vice President | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northeast Haserot Food Supplier | 3/30/18 | $150,860 |
Personnel Plus Temp Labor Agency | 3/30/18 | $107,291 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $83,559 |
| 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 | $83,559 |
| Total Program Service Revenue | $3,038,582 |
| 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 | $493,297 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,652,159 |
| 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. | $203,958 |
| Compensation of current officers, directors, key employees. | $55,716 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,326,663 |
| Pension plan accruals and contributions | $9,635 |
| Other employee benefits | $176,565 |
| Payroll taxes | $121,591 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,855 |
| 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 | $42,192 |
| Advertising and promotion | $0 |
| Office expenses | $25,134 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $600,602 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $19,098 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $308,819 |
| Insurance | $58,546 |
| All other expenses | $68,003 |
| Total functional expenses | $3,409,826 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,148,636 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $435,505 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $51,446 |
| Prepaid expenses and deferred charges | $35,145 |
| Net Land, buildings, and equipment | $4,750,623 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,421,355 |
| Accounts payable and accrued expenses | $409,257 |
| Grants payable | $0 |
| Deferred revenue | $253,214 |
| 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 | $635,085 |
| Unsecured mortgages and notes payable | $131,484 |
| Other liabilities | $0 |
| Total liabilities | $1,429,040 |
| Net assets without donor restrictions | $4,992,315 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $6,421,355 |
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Overbrook Golf Club Bryn Mawr, PA | $25,446,093 | $10,373,823 |
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American Philatelic Society Bellefonte, PA | $5,023,195 | $3,137,752 |
Lancaster Country Club Lancaster, PA | $38,766,757 | $8,916,109 |
Lakewood Country Club Company Westlake, OH | $13,232,237 | $7,948,852 |
Idle Hour Country Club Inc Lexington, KY | $13,827,877 | $6,560,806 |
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