Casino
- Assets
- $4.4m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 52
- Location
- Chicago, IL
- Founding
- 10/1941
- Data as of
- 06/2021
- EIN
- 36-0878370
Organization Overview
Casino is located in Chicago, IL. The organization was established in 1941. 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 06/2021, Casino employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Casino is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 06/2021, Casino generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $2.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION SERVES FOOD & BEVERAGES FOR THE BENEFIT OF MEMBERS. BANQUET FACILITIES ARE ALSO AVAILABLE FOR USE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD AND BEVERAGE SERVICE APPROXIMATE NUMBER OF MEMBERS SERVED = 300
KITCHEN AND WAIT STAFF WAGES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Potter Exec Directo | 40 | $185,756 | |
Leonel Gonzalez Executive Ch | 50 | $113,300 | |
Edgar Rios Food & Bever | 50 | $109,505 | |
Mr Robert L Conrad Governor | Officer | $0 | |
Mr Ryan Ruskin Governor | Officer | $0 | |
Mrs Stephen E Schmitt Governor | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $362,583 |
| 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 | $136,099 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,331,542 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,085,851 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $209,758 |
| Payroll taxes | $71,647 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,369 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $252,286 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,887 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $107,831 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,082,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $798,122 |
| Savings and temporary cash investments | $1,450,079 |
| Pledges and grants receivable | $6,392 |
| Accounts receivable, net | $315,417 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $65,931 |
| Prepaid expenses and deferred charges | $13,607 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,362,070 |
| Accounts payable and accrued expenses | $754,424 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $545,568 |
| Total liabilities | $1,299,992 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $3,062,078 |
Endowment Analysis
| Beg. Balance | $1,437,480 |
| Earnings | $18,991 |
| Ending Balance | $1,456,471 |
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St Louis Country Club Saint Louis, MO | $23,333,122 | $12,315,220 |
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