THE CENTER CLUB INC

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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

1962

Legal Domicile

Principal Officer

LOUIS KOUSOURIS III

Phone

4107277788

Tax Period

2024-01-01 to 2024-12-31

THE CENTER CLUB INC, founded in 1962, is a community nonprofit that reported $7.2M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

THE CENTER CLUB CREATES A DYNAMIC, INCLUSIVE ENVIRONMENT THAT SERVES A DIVERSE MEMBERSHIP OF BUSINESS AND COMMUNITY LEADERS AS BALTIMORE'S PREMIER VENUE FOR DINING, BUSINESS, SOCIAL AND FAMILY ACTIVITIES. THE SOPHISTICATED AND CONGENIAL PRIVATE CLUB ATMOSPHERE CULTIVATES MEMBER ENGAGEMENT THROUGH VIBRANT PROFESSIONAL, CULTURAL AND COMMUNITY PROGRAMS.

Program Service Accomplishments

Program 1

THE ORGANIZATION OPERATES AS A SOCIAL CLUB TO PROVIDE SOCIAL DINING ACTIVITIES AND SPECIAL EVENTS FOR 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,995,638

Investment Income $25,742

Other Revenue $3,160,972

TOTAL REVENUE $7,182,352

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,254,451

Fundraising Expenses $0

Other Expenses $4,070,259

TOTAL EXPENSES $7,324,710

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,182,352	$6,197,951	+0.2%
Expenses	$7,324,710	$6,779,348	+0.1%
Net Income	$-142,358	$-581,397	-0.8%

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

$232,954

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRADLEY CHAMBERS	PRESIDENT	50.00	Officer Director	$0	$0	$0
AUGUST CHIASERA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KEITH LEE	VICE PRESIDENT	50.00	Officer Director	$0	$0	$0
RONALD R PETERSON	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
SHELONDA STOKES	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ANTHONY MOAG	TREASURER	1.00	Officer Director	$0	$0	$0
MARY PAT SEURKAMP	SECRETARY	1.00	Officer Director	$0	$0	$0
RONALD R PETERSON	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
PJ MITCHELL	PRESIDENT EMERITA	1.00	Officer Director	$0	$0	$0
AL HUTCHINSON	GOVERNOR	1.00	Director	$0	$0	$0
ALVIN KATZ	GOVERNOR	1.00	Director	$0	$0	$0
AMINTA BREAUZ	GOVERNOR	1.00	Director	$0	$0	$0
ANIRBAN BASU	GOVERNOR	1.00	Director	$0	$0	$0
ASMA NAEEM	GOVERNOR	1.00	Director	$0	$0	$0
BARBARA BOZZUTO	GOVERNOR	1.00	Director	$0	$0	$0
CHARLES YOUNG	GOVERNOR	1.00	Director	$0	$0	$0
CHRISTINE ASPELL	GOVERNOR	1.00	Director	$0	$0	$0
DANIEL JOERRES	GOVERNOR	1.00	Director	$0	$0	$0
DAVID MAINE	GOVERNOR	1.00	Director	$0	$0	$0
DENISE ADAH	GOVERNOR	1.00	Director	$0	$0	$0
FRANKLYN BAKER	GOVERNOR	1.00	Director	$0	$0	$0
GREGORY TUCKER	GOVERNOR	1.00	Director	$0	$0	$0
GUY E FLYNN	GOVERNOR	1.00	Director	$0	$0	$0
JOANN IOANNOU	GOVERNOR	1.00	Director	$0	$0	$0
JOEY PRICE	GOVERNOR	1.00	Director	$0	$0	$0
KELLY DRNEC	GOVERNOR	1.00	Director	$0	$0	$0
KELLY HAYNIE	GOVERNOR	1.00	Director	$0	$0	$0
LORI VILLEGAS	GOVERNOR	1.00	Director	$0	$0	$0
LOUIS KOUSOURIS	GOVERNOR	1.00	Director	$0	$0	$0
LYNN SELBY	GOVERNOR	1.00	Director	$0	$0	$0
MARC BROADY	GOVERNOR	1.00	Director	$0	$0	$0
MARK WEIGMAN	GOVERNOR	1.00	Director	$0	$0	$0
NANCY GREENE	GOVERNOR	1.00	Director	$0	$0	$0
PATRICIA MC BROWN ESQ	GOVERNOR	1.00	Director	$0	$0	$0
RHONDA MILLER	GOVERNOR	1.00	Director	$0	$0	$0
SHANAYSHA SAULS	GOVERNOR	1.00	Director	$0	$0	$0
STACEY ULLRICH	GOVERNOR	1.00	Director	$0	$0	$0
TERRENCE SAWYER	GOVERNOR	1.00	Director	$0	$0	$0
TJ BRIGHTMAN	GOVERNOR	1.00	Director	$0	$0	$0
TRIFFON ALATZAS	GOVERNOR	1.00	Director	$0	$0	$0
KEVIN BONNER	GENERAL MANAGER	50.00	Key Emp	$232,265	$689	$232,954
NICHOLAS STEEGE	ASSISTANT GENERAL MANAGER	50.00	Highest	$112,418	$462	$112,880
VICKI SMITH	DIRECTOR OF FINANCE	50.00	Highest	$131,522	$8,678	$140,200
NOREEN FRENAYE	DIRECTOR OF MEMBERSHIP & M	50.00	Highest	$120,598	$10,695	$131,293
ROBERT BANNAN	EXECUTIVE CHEF	50.00	Highest	$175,247	$16,786	$192,033

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	$7,182,352	$7,324,710	$19,628,595	$-142,358
2023	$6,197,951	$6,779,348	$12,795,251	$-581,397
2022	$6,388,663	$6,412,548	$12,527,280	$-23,885
2021	$5,377,187	$4,923,868	$7,504,858	$453,319
2020	$3,874,706	$4,519,758	$7,213,705	$-645,052
2019	$6,730,173	$6,494,942	$7,937,274	$235,231
2018	$5,494,548	$5,743,102	$7,294,686	$-248,554