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Nonprofit · EIN 34-4269760

INVERNESS CLUB

Tax-exempt · TOLEDO, OH 43615

Financials

$11.8M$11M2023$14.4M$11.7M2024
Revenue Expenses · by fiscal year end
Financials of INVERNESS CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$14,372,906$11,688,263$2,684,643$23,543,792$9,036,098$14,507,694
December 31, 2023990$11,766,210$11,009,109$757,101$16,969,331$5,170,821$11,798,510
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$11,250,619
Investment income
$0
Net rental income
-$7,949
Net income from sales of inventory
$3,130,236
Other revenue
$3,122,287

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$778,111
Other salaries and wages
$4,823,334
Salaries, compensation and benefits (total)
$6,469,933
Professional fundraising fees
$0
Occupancy
$575,125
Depreciation
$1,145,196

Balance sheet and other

Total assets, start of year
$16,969,331
Total assets, end of year
$23,543,792
Total liabilities, end of year
$9,036,098
Net assets, end of year
$14,507,694
Land, buildings and equipment
$20,100,012
Gross unrelated business income
$429,512
Gross receipts
$16,609,642
Employees
294
Volunteers
0
Year formed
1903
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JOHN F ZIMMERSGOLF COURSE SUPERINTENDENT
Key employee
50$356,997$6,967
MATTHEW SPENGENBERGGENERAL MANAGER
Key employee
50$216,881$18,741
JOHN J WEAVERDIRECTOR OF GOLF
Key employee
50$178,525$0
MICHAEL QUINTEROSHEAD GOLF PROFESSIONAL
Highest-paid employee
50$124,382$8,362
RICK SPITLERBUILDING SUPERINTENDENT
Highest-paid employee
50$119,652$7,800
JANET BARNHILLDIRECTOR OF FINANCE
Highest-paid employee
50$113,277$7,657
JOSHUA MILLEREXECUTIVE CHEF
Highest-paid employee
50$104,562$14,068
RYAN KACZORGROUNDS ASSISTANT
Highest-paid employee
50$110,398$7,956
FREDERICK L DEICHERT IIIPRESIDENT
Trustee or director, Officer
5$0$0
MAX VALENTINEV PRESIDENT
Trustee or director, Officer
5$0$0
JUSTIN W BLACKTREASURER
Trustee or director, Officer
3$0$0
AUSTIN IRVINGSECRETARY
Trustee or director, Officer
5$0$0
RONALD A DONNALGOVERNOR
Trustee or director
3$0$0
EDMUN H LEE IVGOVERNOR
Trustee or director
3$0$0
MICHAEL MCCULLOUGHGOVERNOR
Trustee or director
3$0$0
2 more people on this return
NameTitleHours / weekCompensation
LORI JOHNSTONGOVERNOR
Trustee or director
3$0
RON WELTYGOVERNOR
Trustee or director
3$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
JOHN F ZIMMERSGOLF COURSE SUPERINTENDENT
Key employee
50$354,000$24,912
MATHEW SPENGENBERGGENERAL MANAGER
Key employee
50$215,000$6,469
JOHN J WEAVERDIRECTOR OF GOLF
Key employee
50$159,301$0
RICK E SPITLERBUILDING SUPERINTENDENT
Highest-paid employee
50$129,810$16,644
ANDREW J SIKULAHEAD GOLF PROFESSIONAL
Highest-paid employee
50$144,270$1,642
RON WELTYGOVERNOR
Trustee or director
3$0$0
FREDRICK L DEICHERT IIIPRESIDENT
Trustee or director, Officer
5$0$0
AUSTIN IRVINGSECRETARY
Trustee or director, Officer
5$0$0
RON DONNALGOVERNOR
Trustee or director
3$0$0
LORI JOHNSTONGOVERNOR
Trustee or director
3$0$0
MIKE MCCULLOUGHGOVERNOR
Trustee or director
3$0$0
JUSTIN BLACKTREASURER
Trustee or director, Officer
3$0$0
EDMAN LEE IVGOVENOR
Trustee or director
3$0$0
MAX VALENTINEVICE PRESIDENT
Trustee or director, Officer
5$0$0

Address and contacts

Address (IRS master file)
4601 DORR ST, TOLEDO, OH 43615-4038
Principal officer (990 for 2024)
FREDERICK L DEICHERT III, 4601 DORR STREET, TOLEDO, OH 43615
Signed the 990
JUSTIN BLACK, TREASURER
Phone
(419) 578-9000
Return prepared by
GBQ PARTNERS LLC

Mission

TO ESTABLISH AND MAINTAIN A PERMANENT GOLF COURSE, TENNIS, SWIMMING POOL, AND APPROPRIATE BUILDINGS FOR THE GENERAL USE AND ENTERTAINMENT OF THE MEMBERS OF THE CLUB AND THEIR GUESTS.

990 for the year ended December 31, 2024

Program accomplishments

  • GOLF COURSE OPERATION, INCLUDING GREENS FEES AND GOLF CART RENTALS, FOR THE PLEASURE AND RECREATION OF THE CLUB'S MEMBERS AND GUESTS.
  • TENNIS COURTS AND PADDLE TENNIS AREAS FOR THE PLEASURE AND RECREATION OF THE CLUB'S MEMBERS AND GUESTS.
  • SWIMMING POOL AND RELATED FACILITIES FOR THE PLEASURE AND RECREATION OF THE CLUB'S MEMBERS AND GUESTS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
34-4269760
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1934
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$23,543,792
Income (IRS master file)
$16,609,642

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$14,372,906$11,688,263$23,543,792IRS
990December 2023$11,766,210$11,009,109$16,969,331XML
990December 2022$11,573,093$10,370,875$18,088,891IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-4269760).

Questions about INVERNESS CLUB

What is the EIN of INVERNESS CLUB?
The employer identification number (EIN) of INVERNESS CLUB is 34-4269760.
Is INVERNESS CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1934.
Are donations to INVERNESS CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INVERNESS CLUB file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INVERNESS CLUB due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INVERNESS CLUB last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of INVERNESS CLUB?
The 990 for the year ended December 31, 2024 names FREDERICK L DEICHERT III.
Who are the officers and directors of INVERNESS CLUB?
The 990 for the year ended December 31, 2024 lists 17 people; 8 received compensation from the organization, the highest $356,997 (JOHN F ZIMMERS, GOLF COURSE SUPERINTENDENT).
How much revenue does INVERNESS CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $14,372,906, expenses of $11,688,263 and total assets of $23,543,792 at year end.

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