The information for Clifton Club Co is as of the organization's most recent filing in June '22. This organization is located in Lakewood, OH. It has been in existence for 90 years, following its founding in 1932.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Clifton Club Co's NTEE code is N50. The "N" tells us that the organization is classified along with Recreation & Sports. The "50" tells us that the organization is a Recreational Club. The NTEE describes Recreational Clubs as organizations that provide facilities for recreational activities, sports, and games, as well as social opportunities for members to meet and socialize. The Clifton Club Co is a social club that aims to promote entertainment, recreation, and enjoyment for its members and their guests, while also providing culture, intellectual improvement, and social interaction.
The Clifton Club is a premier dining and social club located in Lakewood, Ohio. Since 1902, it has provided a quiet and relaxing experience on the shores of Lake Erie, while also being close to the greater Cleveland area. The club offers best-in-class service, mouthwatering food prepared by a highly trained chef, and a beautiful historical building situated above Lake Erie. The clubhouse includes formal and informal dining rooms, lounges, a private dining room, a pub, and a terrace overlooking a patio and manicured gardens. The Clifton Club is a rare gem and a treasure of Lakewood, Cleveland, and northeast Ohio.
Clifton Club Co is run by Michael Bentley, who is the President. The organization has 36 employees, with only one employee being paid over $100k per year. Supporting the paid staff are 10 volunteers.
Clifton Club Co, a non-profit organization, appears to be well-governed based on the provided information. The organization has 8 voting members, all of whom are independent, indicating a diverse and unbiased decision-making process. The absence of potential conflicts of interest further suggests that the organization's members prioritize the mission and goals of the non-profit over personal gain. The fact that Clifton Club Co does not delegate management to an outside firm demonstrates a commitment to maintaining control and oversight of its operations. Additionally, the documentation of both board and committee meetings indicates a transparent and accountable governance structure. This documentation can serve as a record of discussions, decisions, and actions taken, ensuring that all members are informed and involved in the organization's affairs. Clifton Club Co's implementation of policies such as a conflict of interest policy, disclosure of conflicts, whistleblower policy, and substantiation and review of leadership salaries further exemplify its commitment to ethical practices and responsible governance. These policies help prevent conflicts of interest, promote transparency, and ensure that the organization's resources are used appropriately. While the organization does not have a document retention policy, the provision of copies of the 990 to the board prior to filing indicates a commitment to financial transparency and accountability. This allows board members to review and assess the organization's financial activities before they are submitted to the relevant authorities. Overall, Clifton Club Co demonstrates strong governance practices, prioritizing transparency, accountability, and ethical conduct. These factors contribute to the organization's effectiveness in fulfilling its mission and serving its beneficiaries.
Based on the given information, it can be concluded that the nonprofit organization, Clifton Club Co, has experienced growth over the given time period. The contributions and grants received increased from $0 in 2015 to $883.6K in 2021. Additionally, the total revenue increased from $756.6K in 2015 to $1.3M in 2021. The organization also saw an increase in other revenue, investment income, and employee salaries. However, it is worth noting that there was a decrease in program service revenue and a decrease in the number of total employees. On the positive side, the number of total volunteers increased from 9 in 2015 to 10 in 2021. Overall, despite some fluctuations, the organization has shown growth in terms of revenue, contributions, and volunteers.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathy Stringer General Manager | Officer | 40 | $155,131 |
Hugh O'donnell Vice President | OfficerTrustee | 1 | $0 |
Matthew Seely Secretary | OfficerTrustee | 1 | $0 |
Michael Bentley President | OfficerTrustee | 5 | $0 |
Andrea Burgess Atkins Treasurer | OfficerTrustee | 2 | $0 |
Kevin Cukrowicz Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $873,709 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $9,900 |
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 | $883,609 |
Total Program Service Revenue | $167,375 |
Investment income | $625 |
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 | $242,391 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,298,272 |
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. | $116,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $625,862 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $16,560 |
Payroll taxes | $61,834 |
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 | $0 |
Advertising and promotion | $0 |
Office expenses | $30,977 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $130,734 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $16,842 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,068 |
Insurance | $25,848 |
All other expenses | $0 |
Total functional expenses | $1,302,164 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $449,587 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $40,576 |
Prepaid expenses and deferred charges | $2,277 |
Net Land, buildings, and equipment | $1,492,637 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $4,302 |
Other assets | $55,430 |
Total assets | $2,044,809 |
Accounts payable and accrued expenses | $92,263 |
Grants payable | $0 |
Deferred revenue | $47,346 |
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 | $480,274 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $100 |
Total liabilities | $619,983 |
Net assets without donor restrictions | $1,424,826 |
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 | $2,044,809 |
Over the last fiscal year, we have identified 1 grants that Clifton Club Co has recieved totaling $4,012.
Awarding Organization | Amount |
---|---|
J Harrington & Marie Glidden Foundation Brooklyn, OH PURPOSE: GENERAL OPERATING | $4,012 |
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