THE UNIVERSITY CLUB OF BOSTON

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1891

Legal Domicile

Principal Officer

JOHN SPINNEY

Phone

6172665600

Tax Period

2024-01-01 to 2024-12-31

THE UNIVERSITY CLUB OF BOSTON, founded in 1891, is a mid-sized nonprofit in the Recreation & Sports sector that reported $10.9M in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Net assets of $32.8M represent 36 months of operating reserves.

Mission

FOUNDED IN 1891, THE UNIVERSITY CLUB IS BOSTON'S PREMIER SOCIAL AND ATHLETIC CLUB. OUR CLUB OFFERS A WARM AND INVITING ATMOSPHERE TO ITS MEMBERS, FAMILIES, AND GUESTS. WE PRIDE OURSELVES ON OUR SENSE OF COMMUNITY, THE EXCELLENCE OF OUR FACILITIES AND THE QUALITY OF SERVICE PROVIDED BY OUR VALUED STAFF.

Program Service Accomplishments

Program 1

TAX EXEMPT CLUB ACTIVITIES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,920,230

Investment Income $70,987

Other Revenue $2,891,598

TOTAL REVENUE $10,882,815

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,909,482

Fundraising Expenses $0

Other Expenses $5,729,190

TOTAL EXPENSES $10,638,672

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,882,815	$9,080,865	+0.2%
Expenses	$10,638,672	$9,638,800	+0.1%
Net Income	$244,143	$-557,935	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

133

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$357,259

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG JANNETTA	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN SPINNEY	TREASURER	1.00	Officer Director	$0	$0	$0
MARY MCKEE	SECRETARY	1.00	Officer Director	$0	$0	$0
AMRIT KANWAL	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
CHARLIE GRANT	GOVERNOR	1.00	Director	$0	$0	$0
KRISTA TOMS	GOVERNOR	1.00	Director	$0	$0	$0
TODD ESTABROOK	GOVERNOR	1.00	Director	$0	$0	$0
ANNA VOUROS	GOVERNOR	1.00	Director	$0	$0	$0
MARK BURNS	GOVERNOR	1.00	Director	$0	$0	$0
JON ROSS	GOVERNOR	1.00	Director	$0	$0	$0
COREY SCHAFER	GOVERNOR	1.00	Director	$0	$0	$0
STROTHER SCOTT	GOVERNOR	1.00	Director	$0	$0	$0
LORRY SPITZER	GOVERNOR	1.00	Director	$0	$0	$0
LIZ BRIDE	GOVERNOR	1.00	Director	$0	$0	$0
CORY DERBY	GOVERNOR	1.00	Director	$0	$0	$0
BRY ROSKOZ	GOVERNOR	1.00	Director	$0	$0	$0
NEAL VOHR	GENERAL MANAGER	55.00	Key Emp	$323,736	$33,523	$357,259
CHRISTIAN SPAHR	SQUASH DIRECTOR	55.00	Highest	$309,195	$42,097	$351,292
JASON BANUSIEWICZ	EXECUTIVE CHEF	55.00	Highest	$183,543	$41,179	$224,722
GILBERT GALLOTTO	ASST FITNESS DIR	55.00	Highest	$169,277	$7,193	$176,470
PAUL DUTTON	FINANCE DIRECTOR	55.00	Highest	$156,983	$18,521	$175,504
KELLY HEALY	FITNESS DIRECTOR	55.00	Highest	$193,910	$41,179	$235,089

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$10,882,815	$10,638,672	$38,082,752	$244,143
2023	$9,080,865	$9,638,800	$38,170,737	$-557,935
2022	$8,421,294	$7,819,901	$40,637,095	$601,393
2021	$7,340,957	$6,741,000	$34,166,489	$599,957
2020	$6,572,116	$6,732,043	$32,996,664	$-159,927
2019	$28,603,587	$6,864,600	$32,786,518	$21,738,987
2018	$7,920,879	$7,401,287	$11,758,459	$519,592