MERIT CLUB

EIN: 363691404

LIBERTYVILLE, IL

Total Revenue
$5,214,353
Total Expenses
$4,770,875
Total Assets
$9,822,189
Net Assets
$8,584,685
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
IL
Principal Officer
GEORGE GETZ
Phone
8479188800
Tax Period
2023-01-01 to 2023-12-31

MERIT CLUB, founded in 1990, is a community nonprofit that reported $5.2M in total revenue in fiscal year 2023. Expenses of $4.8M left a modest 9% surplus.

Mission

THE ORGANIZATION IS A TAX EXEMPT SOCIAL CLUB WHICH DERIVES ITS REVENUES PRIMARILY FROM MEMBERSHIP DUES & DIRECTLY RELATED ACTIVITIES SUCH AS FOOD, BEVERAGE, AND OTHER MEMBERSHIP FUNCTIONS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,965,603
Investment Income $105,742
Other Revenue $143,008
TOTAL REVENUE $5,214,353

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,824,186
Fundraising Expenses $0
Other Expenses $1,946,689
TOTAL EXPENSES $4,770,875

Year-over-Year Comparison

2023 2022 Change
Revenue $5,214,353 $4,968,648 +0.0%
Expenses $4,770,875 $4,368,655 +0.1%
Net Income $443,478 $599,993 -0.3%
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

Sign In

Governance

Voting Members
3
Independent Members
1
Employees
106
Volunteers
N/A

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
4
$363,502
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD PIEPER GENERAL MANAGER 40.00
Officer
$237,525 $21,459 $258,984
JOHN NELSON GROUNDS SUPERINTEND. 40.00
Highest
$150,000 $14,704 $164,704
GLORIA RICCHIO CONTROLLER 40.00
Officer
$89,000 $15,518 $104,518
BERT A GETZ JR PRESIDENT 2.00
Officer Director
$0 $0 $0
GEORGE GETZ SECRETARY & TREASURER 2.00
Officer Director
$0 $0 $0
DIRK ANDERSON DIRECTOR 2.00
Director
$0 $0 $0
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 No data No data No data No data
2023 $5,214,353 $4,770,875 $9,822,189 $443,478
2022 $4,968,648 $4,368,655 $9,563,804 $599,993
2021 $4,505,435 $3,864,837 $8,458,202 $640,598
2020 $4,635,601 $3,521,664 $7,755,156 $1,113,937
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MERIT CLUB with other nonprofits in Illinois and across the country.