Illini Country Club
- Assets
- $10.7m
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 217
- Location
- Springfield, IL
- Founding
- 04/1934
- Data as of
- 12/2023
- EIN
- 37-0341170
Organization Overview
Illini Country Club is located in Springfield, IL. The organization was established in 1934. 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 12/2023, Illini Country Club employed 217 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illini 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 12/2023, Illini Country Club generated $4.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $3.8m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ESTABLISHMENT AND MAINTENANCE OF A COUNTRY CLUB; THE DEVELOPMENT OF SOCIAL LIFE AMONG ITS MEMBERS; THEIR MENTAL AND PHYSICAL IMPROVEMENT AND ENJOYMENT; AND THE PROMOTION OF THE WELFARE OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB ASSESSES FEES TO MEMBERS AND THEIR GUESTS TO COVER COSTS OF OPERATING FOOD & BEVERAGE, GOLF COURSE, SWIMMING POOL AND OTHER ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zachary Lewis General Mgr/coo | Officer | 40 | $164,864 |
Curtis Keller Dir Of Agronomy | 40 | $122,716 | |
Drew Murphy Dir Of Clbhse Ops | 40 | $134,684 | |
Cody Baltusevich Head Golf Pro | 40 | $119,748 | |
Michelle Engle Controller | 30 | $120,758 | |
Rick Mcrill Executive Chef | 40 | $112,626 |
Financial Statements
| 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 | $4,775,958 |
| Investment income | $56,342 |
| 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 | -$214,597 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,709,449 |
| 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. | $208,511 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,081,525 |
| Pension plan accruals and contributions | $31,810 |
| Other employee benefits | $116,703 |
| Payroll taxes | $117,415 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,418 |
| 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 | $10,470 |
| Information technology | $63,633 |
| Royalties | $0 |
| Occupancy | $405,579 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,412 |
| Interest | $80,446 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $447,191 |
| Insurance | $125,243 |
| All other expenses | $95,507 |
| Total functional expenses | $3,812,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,213,995 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $645,111 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $185,001 |
| Prepaid expenses and deferred charges | $62,812 |
| Net Land, buildings, and equipment | $8,386,693 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $165,161 |
| Total assets | $10,658,773 |
| Accounts payable and accrued expenses | $804,411 |
| Grants payable | $0 |
| Deferred revenue | $370,884 |
| 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 | $2,651,129 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $165,161 |
| Total liabilities | $3,991,585 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $18,500 |
| Paid-in or capital surplus, or land, building, or equipment fund | $56,684 |
| Retained earnings, endowment, accumulated income, or other funds | $6,592,004 |
| Total liabilities and net assets/fund balances | $10,658,773 |