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Nonprofit · EIN 39-0662000

TOWN CLUB

Tax-exempt · MILWAUKEE, WI 53217

Financials

$2.4M$2.5M2023$2.8M$2.8M2024
Revenue Expenses · by fiscal year end
Financials of TOWN CLUB by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,849,238$2,845,137$4,101$4,026,906$1,543,306$2,483,600
December 31, 2023990$2,436,169$2,539,933-$103,764$4,008,515$1,529,016$2,479,499
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,101,692
Investment income
$25,209
Net gain from sales of assets
$23,068
Net income from sales of inventory
-$300,068
Other revenue
-$277,663

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$183,904
Other salaries and wages
$829,573
Salaries, compensation and benefits (total)
$1,222,857
Professional fundraising fees
$0
Legal fees
$55,904
Accounting fees
$7,373
Occupancy
$677,396
Depreciation
$193,165

Balance sheet and other

Total assets, start of year
$4,008,515
Total assets, end of year
$4,026,906
Total liabilities, end of year
$1,543,306
Net assets, end of year
$2,483,600
Land, buildings and equipment
$2,832,735
Net assets without donor restrictions
$2,424,649
Net assets with donor restrictions
$58,951
Gross unrelated business income
$25,772
Gross receipts
$4,408,862
Employees
146
Volunteers
13
Year formed
1901
State of legal domicile
WI

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
ABBY SCHROEDERGENERAL MANAGER
Officer
40$154,447$29,457
CAIO BARROSDIRECTOR OF RAQUET SPORTS
Highest-paid employee
40$130,256$17,416
PETER T KLUGPRESIDENT
Trustee or director, Officer
2$0$0
MITCHELL P COXVICE PRESIDENT
Trustee or director, Officer
2$0$0
LINDA S MACKAYSECRETARY
Trustee or director, Officer
2$0$0
BRIGID INGRAMDIRECTOR
Trustee or director
1$0$0
TIM BURKEDIRECTOR
Trustee or director
1$0$0
TREVOR D'SOUZADIRECTOR
Trustee or director
1$0$0
QUINN ELLSWORTHDIRECTOR
Trustee or director
1$0$0
JOE OLLADIRECTOR
Trustee or director
1$0$0
VICTOR RECKMEYERDIRECTOR
Trustee or director
1$0$0
CORTNEY ROBERTSDIRECTOR
Trustee or director
1$0$0
LINDSEY SCHULTEDIRECTOR
Trustee or director
1$0$0
CHARLIE STALLEDIRECTOR
Trustee or director
1$0$0
THOMAS RYAN SAVAGE JRPAST PRESIDENT
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
ABBY SCHROEDERCLUB MANAGER
Officer
40$148,976$18,604
RYAN SAVAGEPRESIDENT
Trustee or director, Officer
2$0$0
PETER T KLUGVICE PRESIDENT
Trustee or director, Officer
2$0$0
MITCHELL COXSECRETARY/TREASURER
Trustee or director, Officer
2$0$0
BRIGID INGRAMDIRECTOR
Trustee or director
1$0$0
TIM BURKEDIRECTOR
Trustee or director
1$0$0
LINDA MACKAYDIRECTOR
Trustee or director
1$0$0
TREVOR D'SOUZADIRECTOR
Trustee or director
1$0$0
BILL FORDDIRECTOR
Trustee or director
1$0$0
EMMA HALPERNDIRECTOR
Trustee or director
1$0$0
VICTOR RECKMEYERDIRECTOR
Trustee or director
1$0$0
CORTNEY ROBERTSDIRECTOR
Trustee or director
1$0$0
GIGI SHORTPAST PRESIDENT
Trustee or director
1$0$0
CHARLIE STALLEDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
7950 N SANTA MONICA BLVD, MILWAUKEE, WI 53217-3262
Principal officer (990 for 2024)
ABBY SCHROEDER, 7950 N SANTA MONICA BLVD, MILWAUKEE, WI 53217
Signed the 990
ABBY SCHROEDER, GENERAL MANAGER
Phone
(414) 352-6800
Return prepared by
REILLY PENNER & BENTON LLP

Mission

TO PROVIDE RECREATIONAL AND SOCIAL FACILITIES FOR ITS MEMBERS

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDING MEMBERS WITH FACILITIES FOR TENNIS, SWIMMING AND PADDLE TENNIS AS WELL AS A BAR & RESTAURANT FOR SOCIAL RECREATION.

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
39-0662000
Tax-exempt status
501(c)(7): Social or recreational club
Donations deductible
No
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,026,906
Income (IRS master file)
$4,408,862

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,849,238$2,845,137$4,026,906XML
990December 2023$2,436,169$2,539,933$4,008,515XML
990December 2022$2,308,223$2,358,595$4,211,300IRS
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 39-0662000).

Questions about TOWN CLUB

What is the EIN of TOWN CLUB?
The employer identification number (EIN) of TOWN CLUB is 39-0662000.
Is TOWN CLUB tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(7) since 1942.
Are donations to TOWN CLUB tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does TOWN 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 TOWN 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 TOWN 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 TOWN CLUB?
The 990 for the year ended December 31, 2024 names ABBY SCHROEDER.
Who are the officers and directors of TOWN CLUB?
The 990 for the year ended December 31, 2024 lists 15 people; 2 received compensation from the organization, the highest $154,447 (ABBY SCHROEDER, GENERAL MANAGER).
How much revenue does TOWN CLUB have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,849,238, expenses of $2,845,137 and total assets of $4,026,906 at year end.

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