CONWAY FARMS GOLF CLUB INC

EIN: 363766444 Recreation & Sports

LAKE FOREST, IL

Total Revenue
$9,502,016
Total Expenses
$8,624,645
Total Assets
$32,948,685
Net Assets
$24,230,755
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
IL
Principal Officer
Joseph Lamberti
Phone
8472346979
Tax Period
2024-01-01 to 2024-12-31

CONWAY FARMS GOLF CLUB INC, founded in 1990, is a community nonprofit in the Recreation & Sports sector that reported $9.5M in total revenue in fiscal year 2024. Expenses of $8.6M left a modest 9% surplus.

Mission

THE VISION OF CONWAY FARMS GOLF CLUB IS TO BE A NATIONALLY RECOGNIZED GOLF CLUB THAT IS VALUED AND RESPECTED FOR OUR SUPERIOR GOLF COURSE, THE QUALITY OF THE TOTAL GOLF EXPERIENCE AND THE FELLOWSHIP SHARED BY MEMBERS AND GUESTS. MEMBERS AND STAFF ALIKE BELIEVE IN AND SUPPORT THE TRADITIONS OF GOLF, THE SPIRIT OF GOOD SPORTSMANSHIP, AND A MUTUAL EXPRESSION OF RESPECT, ASSURING THAT CONWAY FARMS WILL ALWAYS BE "A VERY SPECIAL PLACE".

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $9,338,693
Investment Income $73,112
Other Revenue $90,211
TOTAL REVENUE $9,502,016

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,729,538
Fundraising Expenses $0
Other Expenses $3,895,107
TOTAL EXPENSES $8,624,645

Year-over-Year Comparison

2024 2023 Change
Revenue $9,502,016 $9,038,608 +0.1%
Expenses $8,624,645 $7,660,308 +0.1%
Net Income $877,371 $1,378,300 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
161
Volunteers
11

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
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Todd Marsh COO 40.00
$389,681 $33,955 $423,636
Connor Healy Superintendent 40.00
$316,739 $28,287 $345,026
Jeff Mory Director of Golf 40.00
$221,163 $28,675 $249,838
Mark Lindstrum Executive Chef 40.00
$165,486 $28,443 $193,929
Kristina Rizzo-Estrada Controller 40.00
$156,869 $16,687 $173,556
Andrew Adamsick Head Golf Pro 40.00
$151,586 $12,773 $164,359
Eric Johnson Assistant GM 40.00
$139,391 $6,944 $146,335
Samuel Loeblien Exec Sous Chef 40.00
$129,156 $5,648 $134,804
James Nolan Vice President 10.00
Officer Director
$0 $0 $0
James Maurer Governor 1.00
Director
$0 $0 $0
Jim Spitz Governor 2.00
Director
$0 $0 $0
Joseph Lamberti President 10.00
Officer Director
$0 $0 $0
Steve Colnitis Governor 2.00
Director
$0 $0 $0
Paul Pezza Governor 1.00
Director
$0 $0 $0
Keith Williams Governor 1.00
Director
$0 $0 $0
John Trinta Treasurer 3.00
Officer Director
$0 $0 $0
Richard Marasco Governor 1.00
Director
$0 $0 $0
Robert Westropp President 5.00
Officer Director
$0 $0 $0
Mark Rosland Governor 1.00
Director
$0 $0 $0
Laura Linger Secretary 2.00
Officer 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 $9,502,016 $8,624,645 $32,948,685 $877,371
2023 $9,038,608 $7,660,308 $32,476,506 $1,378,300
2022 $7,528,333 $6,401,765 $33,058,904 $1,126,568
2021 $8,719,837 $5,443,595 $28,236,778 $3,276,242
2020 $7,228,017 $5,245,106 $25,462,742 $1,982,911
2019 $5,865,550 $5,506,018 $24,544,269 $359,532
2018 $6,176,087 $6,318,961 $24,758,479 $-142,874
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