THE SUBURBAN CLUB INC

EIN: 520501700

BALTIMORE, MD

Total Revenue
$5,003,723
Total Expenses
$4,302,856
Total Assets
$9,131,963
Net Assets
$916,768
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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
1900
Legal Domicile
MD
Principal Officer
MICHAEL ZAK
Phone
4104841300
Tax Period
2024-04-01 to 2025-03-31

THE SUBURBAN CLUB INC, founded in 1900, is a community nonprofit that reported $5.0M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $4.3M left a modest 14% surplus.

Mission

THE SUBURBAN CLUB IS A PRIVATE, MEMBER OWNED CLUB, THAT EXISTS TO PROVIDE AND ENCOURAGE A QUALITY, FAMILY ORIENTED ENVIRONMENT FOR THE RECREATION,RELAXATION, DINING, AND SOCIAL INTERACTION OF ITS MEMBERS AND THEIRFAMILIES. THE CLUB'S PURPOSE IS TO CREATE A SENSE OF COMMUNITY BY PROVIDINGITS MEMBERS WITH THE HIGHEST QUALITY SERVICES AND FACILITIES IN AFINANCIALLY STABLE MANNER, SERVING THE LONG-TERM INTEREST OF THE MAJORITYOF ITS MEMBERS IN THE BEST POSSIBLE WAY. THE SUBURBAN CLUB DOES NOTDISCRIMINATE IN MEMBERSHIP OR EMPLOYMENT FOR REASONS OF RACE, COLOR,RELIGION, SEX, OR NATIONAL ORIGIN.

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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 $5,082,207
Investment Income $21,880
Other Revenue $-100,364
TOTAL REVENUE $5,003,723

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,942,194
Fundraising Expenses $0
Other Expenses $2,360,662
TOTAL EXPENSES $4,302,856

Year-over-Year Comparison

2024 2023 Change
Revenue $5,003,723 $4,248,703 +0.2%
Expenses $4,302,856 $4,233,261 +0.0%
Net Income $700,867 $15,442 +44.4%
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
13
Independent Members
13
Employees
86
Volunteers
13

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
13
$0
Key Employees
3
$517,882
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACOB WOLF PRESIDENT 2.00
Officer Director
$0 $0 $0
ARNOLD YONOWITZ 1ST VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ANNE KING 2ND VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JOHN HESS 3RD VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
SETH HERMAN SECRETARY 2.00
Director
$0 $0 $0
JACK GREENBERG TREASURER 2.00
Director
$0 $0 $0
JACK FELDMAN GOVERNOR 2.00
Director
$0 $0 $0
ALEX KATZENBERG GOVERNOR 2.00
Director
$0 $0 $0
RALPH RINGLER GOVERNOR 2.00
Director
$0 $0 $0
JUDY SCHWARTZ GOVERNOR 2.00
Director
$0 $0 $0
BILLY GLICK GOVERNOR 2.00
Director
$0 $0 $0
IRA ORING GOVERNOR 2.00
Director
$0 $0 $0
ROBERT KAYE GOVERNOR 2.00
Director
$0 $0 $0
CHAD STEIN EXECUTIVE CHEF 40.00
Key Emp
$198,953 $0 $198,953
BLAKE MURPHY GREENS SUPER 40.00
Key Emp
$163,750 $0 $163,750
MICHAEL ZAK GENERAL MANAGER 40.00
Key Emp
$155,179 $0 $155,179
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 $5,003,723 $4,302,856 $9,131,963 $700,867
2024 $4,248,703 $4,233,261 $6,115,323 $15,442
2023 $3,946,893 $4,652,915 $6,100,948 $-706,022
2022 $4,036,788 $3,737,309 $6,865,554 $299,479
2021 $3,280,128 $3,346,358 $5,585,237 $-66,230
2020 $4,005,957 $4,415,461 $5,282,014 $-409,504
2019 $5,008,022 $5,568,371 $6,145,242 $-560,349
2018 $5,062,639 $5,529,155 $6,047,246 $-466,516
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