Lochmoor Club
- Assets
- $6.7m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 141
- Location
- Grosse Pointe Woods, MI
- Founding
- 11/1942
- Data as of
- 09/2021
- EIN
- 38-0768670
Organization Overview
Lochmoor Club is located in Grosse Pointe Woods, MI. The organization was established in 1942. 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 09/2021, Lochmoor Club employed 141 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lochmoor Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 09/2021, Lochmoor Club generated $3.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $4.0m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 6 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
LEISURE, RECREATION, AND SOCIAL INTERACTION OF MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL EXPENSES INCURRED ARE PROVIDED FOR THE RECREATION AND PLEASURE OF ALL MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dylan Macmaster Golf Course Superintendent | 40 | $104,992 | |
Bruce Dall President | OfficerTrustee | 5 | $0 |
Scott Orhan Vice President | OfficerTrustee | 5 | $0 |
David Zmyslowski Treasurer | OfficerTrustee | 5 | $0 |
John Donahue III Secretary | OfficerTrustee | 5 | $0 |
Michael Mackool Director | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Davey Tree Expert Co Golf Course Maintenance | 9/29/19 | $805,298 |
John Pershern Golf Sales | 9/29/19 | $537,859 |
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 | $4,685 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,685 |
| Total Program Service Revenue | $3,473,450 |
| Investment income | $1,129 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,897 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$44,709 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,724,450 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,383,211 |
| Pension plan accruals and contributions | $40,213 |
| Other employee benefits | $42,982 |
| Payroll taxes | $168,420 |
| 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 | $27,172 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,005 |
| Interest | $139,672 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $464,459 |
| Insurance | $269,801 |
| All other expenses | $678,378 |
| Total functional expenses | $4,014,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $493,644 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $513,198 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $185,313 |
| Prepaid expenses and deferred charges | $88,357 |
| Net Land, buildings, and equipment | $5,386,343 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,666,855 |
| Accounts payable and accrued expenses | $785,575 |
| Grants payable | $0 |
| Deferred revenue | $38,933 |
| 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 | $2,164,217 |
| Unsecured mortgages and notes payable | $400,000 |
| Other liabilities | $255,002 |
| Total liabilities | $3,643,727 |
| Net assets without donor restrictions | $3,023,128 |
| 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 | $6,666,855 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lochmoor Club has recieved totaling $12,500.
| Awarding Organization | Amount |
|---|---|
Ascension St John Hospital St Louis, MO PURPOSE: GENERAL SUPPORT | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Zeta National Housing Corporation Oxford, OH | $87,996,446 | $22,719,151 |
Delta Zeta Nat'l Housing Co (group Return) Oxford, OH | $23,862,160 | $20,580,612 |
Alpha Chi Omega Fraternity Inc Indianapolis, IN | $29,119,055 | $16,507,869 |
Scioto Country Club Inc Columbus, OH | $33,295,673 | $14,482,821 |
Kenwood Country Club Cincinnati, OH | $26,605,503 | $12,714,296 |
Alpha Chi Omega National Housing Corporation Indianapolis, IN | $68,106,791 | $16,027,721 |
Cincinnati Country Club Cincinnati, OH | $22,932,487 | $13,648,995 |
Delta Zeta Sorority Oxford, OH | $10,465,922 | $11,682,546 |
American Motorcycle Association Pickerington, OH | $16,477,859 | $11,974,280 |
Franklin Hills Country Club Franklin, MI | $14,923,818 | $10,135,789 |
Country Club Inc Pepper Pike, OH | $10,914,788 | $11,494,008 |
Country Club Of Detroit Grosse Pointe Farms, MI | $27,254,127 | $11,579,679 |