Overview
What is Inverness Club?
Inverness Club is a renowned nonprofit establishment situated in Toledo, Ohio, specifically at 4601 Dorr Street. Its primary purpose is to provide a top-notch golfing experience for its members and guests, offering green fees and golf cart rentals. Beyond golf, the club also boasts tennis courts, a swimming pool, and suitable facilities for leisure and entertainment. Inverness Club is committed to hosting significant golf tournaments and championships, further enhancing its reputation in the golfing community. With a diverse workforce of 280 individuals, the club ensures a seamless and enjoyable experience for its patrons.
Official website here: www.invernessclub.com
Is Inverness Club legitimate?
Inverness Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Inverness Club submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $534,014
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,414,852
For more financial information, click here
Official website here: www.invernessclub.com
What is the mission statement of Inverness Club?
The mission of Inverness Club is centered around establishing and maintaining a permanent golf course, tennis facilities, and a swimming pool for the enjoyment and entertainment of its members and their guests. The club also aims to host major golf tournaments and championships. Its primary activity revolves around operating the golf course, offering green fees and golf cart rentals for the pleasure and recreation of its members and guests.
Official website here: www.invernessclub.com
Who is the CEO of Inverness Club?
John Swigart is the President of Inverness Club.
Official website here: www.invernessclub.com
What is the revenue of Inverness Club?
Inverness Club's revenue in 2022 was $11,573,093.
Official website here: www.invernessclub.com
Who are the executives of Inverness Club and what are their salaries?
The average compensation at Inverness Club during 2022 was $17,675. There are 280 employees at Inverness Club.
Here are 17 key members and their salaries:
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- Compensation: $350,982
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- Compensation: $160,953
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- Compensation: $118,590
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- Other: $12,242
- Compensation: $142,628
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- Other: $10,743
- Compensation: $113,166
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- Other: $8,973
Official website here: www.invernessclub.com
Where can I find the form 990 for Inverness Club?
Inverness Club's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.invernessclub.com
Learn more at the official website: www.invernessclub.com
Mission Statement of Inverness Club
Inverness Club, a renowned organization, is dedicated to establishing and maintaining a permanent golf course, tennis facilities, and a swimming pool, all for the enjoyment and recreation of its members and their guests. The club's mission extends beyond mere entertainment, as it also aims to host major golf tournaments and championships. The primary objective is to provide a comprehensive environment where members can engage in golf, tennis, and swimming, complemented by suitable buildings for relaxation and socializing.
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Impact
October, 2024
Inverness Club significantly enriches the Toledo community by providing a premier recreational facility that promotes golf, tennis, and swimming. Its well-maintained golf course serves as a hub for both leisure and competitive play, attracting major golf tournaments and championships, which enhance local tourism and foster community engagement. The club offers members and their guests a scenic environment for relaxation, social interaction, and athletic pursuits, thus contributing to the overall quality of life in the area. By facilitating a range of activities designed for enjoyment and recreation, Inverness Club strengthens community ties and encourages an active lifestyle among its members.
This information is meant to be a general summary of Inverness Club. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,000
- Program Service Revenue: $8,548,200
- Gross Receipts: $13,599,630
Assets and Liabilities:
- Total Assets: $18,088,891
- Total Liabilities: $7,044,071
- Net Assets: $11,044,820
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$6,037,914
GREENS FEES
Revenue
$1,639,133
OTHER REVENUE
Revenue
$350,749
GOLF CART RENTAL
Revenue
$317,428
GUEST HOUSE
Revenue
$202,976
Organization Details
Founding Year
1903
Phone
(419) 578-9000Principal Officer
John Swigart
Main Address
4601 DORR STREET, TOLEDO, OH, 43615
Website
www.invernessclub.comNTEE Category
Code: N50 - Recreation
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