West Berwick Management Inc

EIN: 832865065 Recreation & Sports

Mt Carmel, IL

Total Revenue
$463,813
Total Expenses
$553,180
Total Assets
$541,522
Net Assets
$11,447
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
IL
Principal Officer
Philip G Hipsher
Phone
6182637235
Tax Period
2025-01-01 to 2025-12-31

West Berwick Management Inc, founded in 2018, is a small nonprofit in the Recreation & Sports sector that reported $464K in total revenue in fiscal year 2025. Expenses of $553K exceeded revenue, resulting in a 19% operating deficit.

Mission

To keep the local golf course open to the public and available to the citizens of Wabash County, IL. Part of this is the support of youth golf in the County and providing a place to compete for the local boys and girls high school teams. Prior to being operated by West Berwick Managment, Inc., the course was operated by the City of Mt. Carmel, IL and was in danger of closing due to a lack of available funding.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $366,756
Investment Income $260
Other Revenue $96,797
TOTAL REVENUE $463,813

Expense Breakdown

Grants Paid $0
Salaries & Benefits $235,278
Fundraising Expenses $0
Program Expenses $553,180
Other Expenses $317,902
TOTAL EXPENSES $553,180

Year-over-Year Comparison

2025 2024 Change
Revenue $463,813 $472,069 0.0%
Expenses $553,180 $498,853 +0.1%
Net Income $-89,367 $-26,784 +2.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
36
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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael C McPherson Director 1.00
Director
$0 $0 $0
Eric D Ikemire Director 3.00
Director
$0 $0 $0
John E Rhine Director 1.00
Director
$0 $0 $0
Philip G Hipsher Director 6.00
Director
$0 $0 $0
Lawrence P Jennings Director 0.00
Director
$0 $0 $0
Stanton D Ernest Director 0.00
Director
$0 $0 $0
Douglas D McPherson Director 1.00
Director
$0 $0 $0
Roger D Browning Director 2.00
Director
$0 $0 $0
Bradley A Seaton Director 1.00
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
2025 $463,813 $553,180 $541,522 $-89,367
2024 $472,069 $498,853 $683,830 $-26,784
2023 $529,412 $511,533 $698,944 $17,879
2022 $442,463 $442,499 $720,139 $-36
2021 $426,740 $387,928 $760,277 $38,812
2020 $502,971 $472,318 $727,362 $30,653
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