Overview
What is Inverness Golf Club?
Inverness Golf Club is a nonprofit organization situated in Inverness, Illinois, with its headquarters at 102 North Roselle Road. Established with a focus on social and recreational activities, the club offers its members a variety of amenities, including a golf course, restaurant, swimming pool, and tennis courts. The club operates under Internal Revenue Code Section 501(C)(7), indicating its nonprofit status. The club has a workforce of 201 employees dedicated to providing a well-rounded recreational experience for its members.
Official website here: www.invernessgolfclub.org
Is Inverness Golf Club legitimate?
Inverness Golf Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Inverness Golf 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: $382,551
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,910,721
For more financial information, click here
Official website here: www.invernessgolfclub.org
What is the mission statement of Inverness Golf Club?
Inverness Golf Club is established with the primary purpose of serving social and recreational needs, as well as other non-profit objectives, in adherence to Internal Revenue Code Section 501(C)(7). The club's activities are geared towards providing ample opportunities for leisure and social interaction among its members. This is achieved through the operation of facilities such as a golf course, restaurant, swimming pool, and tennis courts, all designed to cater to the recreational needs of its members.
Official website here: www.invernessgolfclub.org
What is the revenue of Inverness Golf Club?
Inverness Golf Club's revenue in 2023 was $8,412,712.
Official website here: www.invernessgolfclub.org
Who are the executives of Inverness Golf Club and what are their salaries?
The average compensation at Inverness Golf Club during 2023 was $19,515. There are 220 employees and 15 volunteers at Inverness Golf Club.
Here are 18 key members and their salaries:
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- Compensation: $61,861
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- Other: $1,855
- Compensation: $141,538
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- Other: $8,000
- Compensation: $168,500
- Related: $0
- Other: $797
Official website here: www.invernessgolfclub.org
Where can I find the form 990 for Inverness Golf Club?
Inverness Golf Club's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.invernessgolfclub.org
Learn more at the official website: www.invernessgolfclub.org
Mission Statement of Inverness Golf Club
Inverness Golf Club, as a nonprofit organization, is established with the primary purpose of serving social and recreational needs, in line with Internal Revenue Code Section 501(C)(7). The club's mission is to provide a platform for its members to engage in various leisure activities, promoting camaraderie and relaxation. To accomplish this, Inverness Golf Club operates a golf course, a restaurant, a swimming pool, and tennis courts, catering to the recreational interests of its members. The club's operations are designed to foster a sense of community and social interaction, beyond just the sport of golf.
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Impact
October, 2024
Inverness Golf Club plays a significant role in enhancing the social and recreational landscape of the community. By operating a golf course, restaurant, swimming pool, and tennis courts, it provides members with opportunities for leisure and social engagement. This environment fosters a sense of community connection among local residents, encouraging them to engage in healthy activities and build lasting relationships. The club's amenities serve not only as a venue for recreation but also as a hub for community events, promoting overall well-being and camaraderie among its members. By prioritizing recreational activities, Inverness Golf Club contributes to a vibrant social fabric within Inverness, IL.
This information is meant to be a general summary of Inverness Golf 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 2023.
- Investment Income: $16,076
- Program Service Revenue: $4,278,378
- Gross Receipts: $9,861,511
Assets and Liabilities:
- Total Assets: $18,974,558
- Total Liabilities: $7,692,731
- Net Assets: $11,281,827
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLUB MEMBER DUES
Revenue
$3,176,492
GOLF OPERATIONS
Revenue
$837,128
TENNIS & SWIMMING
Revenue
$134,859
LOCKER ROOMS
Revenue
$83,819
OTHER
Revenue
$46,080
Organization Details
Founding Year
1955
Principal Officer
Richard Sykes
Website
www.invernessgolfclub.orgNTEE Category
Code: N60 - Recreation
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