Merit Club

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363691404 ✦ Libertyville, IL ✦ Designated as a 501(c)(7)

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Overview

What is Merit Club?

Merit Club is a tax-exempt social club located at 1500 Merit Club Lane, Libertyville, Illinois 60048. The organization primarily generates revenue through membership dues and related activities such as food, beverage, and other membership functions. As a recreational hub for its members, it operates a golf course and restaurant. The club, with a workforce of 107 employees, aims to provide a welcoming environment for its members to unwind and engage in leisure activities.


Official website here: www.meritclub.org

What do the Facebook reviews say about Merit Club?

82% of reviewers on Facebook endorse Merit Club. Here is a summary of their reviews:

Patrons express positive sentiments about the club, emphasizing its beautiful environment and well-maintained golf course. The friendliness and helpfulness of both members and staff stand out, contributing to a welcoming atmosphere that makes newcomers feel at home.

Overall, the feedback highlights a strong sense of community within Merit Club, with many appreciating the personal touches that enhance their experience. Many seem satisfied with the amenities and services offered, reinforcing the nonprofit's commitment to providing a pleasant and supportive environment for all.


This AI summary has been generated from reviews found on Facebook.

Is Merit Club legitimate?

Merit Club is a legitimate nonprofit organization registered as a 501(c)(7) entity. Merit 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: $343,318
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,705,875

For more financial information, click here


Official website here: www.meritclub.org

What is the mission statement of Merit Club?

The Merit Club, being a tax-exempt social organization, primarily generates revenue from membership dues and related activities such as food, beverage, and various membership functions. Its primary activity involves the operation of a golf course and a restaurant, catering to the recreational needs of its members. While the Merit Club does not have a formal mission statement explicitly mentioned, its primary function suggests a focus on providing a social environment and recreational facilities for its members.


Official website here: www.meritclub.org

Who is the CEO of Merit Club?

George Getz is the President Thru 9/11/22 of Merit Club.


Official website here: www.meritclub.org

What is the revenue of Merit Club?

Merit Club's revenue in 2022 was $4,968,648.


Official website here: www.meritclub.org

Who are the executives of Merit Club and what are their salaries?

The average compensation at Merit Club during 2022 was $19,151. There are 107 employees at Merit Club.


Here are 7 key members and their salaries:


Bert A Getz Sr (President Thru 9/11/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bert A Getz Jr (Vp & Secretary / President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Valenti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Getz (Secretary & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Pieper (General Manager)
  • Compensation: $225,475
  • Related: $0
  • Other: $19,751
Gloria Ricchio (Controller)
  • Compensation: $84,000
  • Related: $0
  • Other: $14,092
John Nelson (Grounds Superintend.)
  • Compensation: $144,000
  • Related: $0
  • Other: $5,760


Official website here: www.meritclub.org

Where can I find the form 990 for Merit Club?

Merit Club's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.meritclub.org

Learn more at the official website: www.meritclub.org

Mission Statement of Merit Club

Merit Club, a tax-exempt social organization, primarily generates its revenue from membership dues and activities directly related to membership, such as food, beverage, and other club functions. The organization's mission is centered around providing a recreational space for its members, specifically through the operation of a golf course and a restaurant. By offering these amenities, Merit Club aims to cater to the leisure needs of its members, fostering a sense of community and camaraderie within the club.

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Impact




October, 2024

Merit Club significantly enhances the recreational landscape in Libertyville, IL, by providing an engaging social environment for its members. Through the operation of its golf course and restaurant, the club not only offers various leisure activities but also fosters a sense of community among its members. The revenue generated from membership dues and related activities supports the continued improvement and maintenance of its facilities, ensuring a high-quality experience for all participants. By offering a space for social interaction and recreation, Merit Club plays a vital role in enriching the local community's social fabric, promoting an active lifestyle, and providing a welcoming venue for members to connect and engage in shared interests.




This information is meant to be a general summary of Merit 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.

Revenue
$4,968,648 (2022)
Expenses
$4,368,655 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,270
  • Program Service Revenue: $1,314,932
  • Gross Receipts: $5,534,978

Assets and Liabilities:

  • Total Assets: $9,563,804
  • Total Liabilities: $1,182,597
  • Net Assets: $8,381,207

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FOOD AND BEVERAGE

Revenue

$686,295

GOLF OPERATIONS

Revenue

$628,637

Organization Details

Founding Year

1990

Principal Officer

George Getz

Main Address

1500 MERIT CLUB LANE, LIBERTYVILLE, IL, 600489452

NTEE Category

Code: N50 - Recreation

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