THE ELKRIDGE CLUB INC

EIN: 520303560

BALTIMORE, MD

Total Revenue
$9,641,134
Total Expenses
$9,066,248
Total Assets
$33,040,126
Net Assets
$31,703,066
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1932
Legal Domicile
MD
Principal Officer
THOMAS H MADDUX IV
Phone
4432791244
Tax Period
2024-04-01 to 2025-03-31

THE ELKRIDGE CLUB INC, founded in 1932, is a community nonprofit that reported $9.6M in total revenue in fiscal year 2024. Expenses of $9.1M left a modest 6% surplus.

Mission

PROVIDE GOLF, TENNIS, SWIMMING & OTHER SPORT & SOCIAL ACTIVITIES FOR THE ENJOYMENT OF ITS MEMBERS.

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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 $5,461,251
Investment Income $86,702
Other Revenue $4,093,181
TOTAL REVENUE $9,641,134

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,125,490
Fundraising Expenses $0
Other Expenses $3,940,758
TOTAL EXPENSES $9,066,248

Year-over-Year Comparison

2024 2023 Change
Revenue $9,641,134 $9,256,624 +0.0%
Expenses $9,066,248 $8,634,316 +0.1%
Net Income $574,886 $622,308 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
12
Independent Members
12
Employees
250
Volunteers
12

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
$0
Total Directors
12
$0
Key Employees
1
$357,732
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS H MADDUX IV PRESIDENT 3.00
Officer Director
$0 $0 $0
CHRISTINE M ESPENSHADE VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
JAMES M TISDALE TREASURER 3.00
Officer Director
$0 $0 $0
DAVID K GILDEA SECRETARY 3.00
Officer Director
$0 $0 $0
EVAN C ATHANAS GOVERNOR 3.00
Director
$0 $0 $0
ANDREW L BAIRD GOVERNOR 3.00
Director
$0 $0 $0
CHARLES A MEYER GOVERNOR 3.00
Director
$0 $0 $0
KRISTIN NEWHALL MACMILLAN GOVERNOR 3.00
Director
$0 $0 $0
MARY P STEWART GOVERNOR 3.00
Director
$0 $0 $0
HENRY B THOMAS GOVERNOR 3.00
Director
$0 $0 $0
THOMAS R WASHBURN GOVERNOR 3.00
Director
$0 $0 $0
BETSEY S WINSTEAD GOVERNOR 3.00
Director
$0 $0 $0
TINA LUTZI-REGLER GENERAL MANAGER 40.00
Key Emp
$317,032 $40,700 $357,732
TODD SELLARO EXECUTIVE CHEF 40.00
Highest
$225,016 $35,781 $260,797
JOSEPH FRANZ HEAD GOLF PRO 40.00
Highest
$183,917 $29,992 $213,909
JEFFREY MELLIN SUPERINTENDENT 40.00
Highest
$143,956 $10,784 $154,740
JODY SAMBRICK DIRECTOR OF RACQUETS 40.00
Highest
$233,104 $19,890 $252,994
CHRISTOPHER ENGLISH INSTRUCTOR OF GOLF 40.00
Highest
$190,754 $9,363 $200,117
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
2025 $9,641,134 $9,066,248 $33,040,126 $574,886
2024 $9,256,624 $8,634,316 $32,645,177 $622,308
2023 $8,938,160 $8,277,982 $31,770,114 $660,178
2022 $8,564,820 $7,316,931 $32,116,999 $1,247,889
2021 $7,965,115 $6,315,813 $26,071,782 $1,649,302
2020 $8,075,972 $7,060,995 $26,807,699 $1,014,977
2019 $7,794,651 $7,029,757 $25,757,336 $764,894
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