Terrace Park Country Club

Milford, OH
Tax-exempt since April 1949
EIN: 31-0465970

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Type of Nonprofit

Designated as a 501(c)(7) Social and recreational clubs.

Donations to this organization are not tax deductible.

Revenue

$3.75M (2023)

Expenses

$3.64M (2023)

Total Assets

$7.28M (2023)

Total Liabilities

$5.15M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$3,751,392

Expenses

$3,635,519

Net Income

$115,873

Net Assets

$2,131,066

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,805,665	> 100%
Investment Income	$26,627	0.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$5,565	0.1%
Net Inventory Sales	-$37,349
Other Revenue	-$49,116

Notable Expenses		Percent of Total Expenses
Executive Compensation	$137,838	3.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,076,291	29.6%

Assets/Debt
Total Assets	$7,284,320
Total Liabilities	$5,153,254
Net Assets	$2,131,066

Club or Co-Op Income
Initiation Fees & Contributions	$181,750
Income From Public Use of Club Facilities	$192,130

Compensation

Key Employees and Officers	Compensation	Related	Other
Nicola Longo (General Manager)	$134,269	$0	$3,569
Angela Williamson (Accountant)	$107,919	$0	$0
Scott Leschander (Grounds Superintendent)	$100,731	$0	$0
Steve Landa (President)	$0	$0	$0
Jim Buck (Vice President)	$0	$0	$0
Tony Amicon (Treasurer)	$0	$0	$0
Tom Anthony (Secretary)	$0	$0	$0
Bryan Kauffeld (Trustee)	$0	$0	$0
Tim Dunn (Trustee)	$0	$0	$0
Cindy Sibcy (Trustee)	$0	$0	$0

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990

Filed on Nov. 14, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$3,827,080

Expenses

$3,178,252

Net Income

$648,828

Net Assets

$2,015,193

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,331,210	87.0%
Investment Income	$4,239	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$9,893	0.3%
Net Inventory Sales	-$74,906
Other Revenue	$556,644	14.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$133,740	4.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$878,155	27.6%

Assets/Debt
Total Assets	$7,385,220
Total Liabilities	$5,370,027
Net Assets	$2,015,193

Club or Co-Op Income
Initiation Fees & Contributions	$172,750
Income From Public Use of Club Facilities	$206,819

Compensation

Key Employees and Officers	Compensation	Related	Other
Nicola Longo (General Manager)	$131,500	$0	$2,241
Steve Landa (President/Personnel Chair)	$0	$0	$0
Jim Buck (Vp & Green Committee Chair)	$0	$0	$0
Tony Amicon (Treasurer/Finance Chair)	$0	$0	$0
Becky Seurkamp (Membership & Marketing (Termed))	$0	$0	$0
Tom Anthony (Secretary, House & Entertainment)	$0	$0	$0
Tim Dunn (Strategic Planning Committee)	$0	$0	$0
Cindy Sibcy (Rules & Nominating Chair)	$0	$0	$0
Bryan Kauffeld (Trustee)	$0	$0	$0

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990

Filed on Nov. 14, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$3,382,239

Expenses

$2,730,231

Net Income

$652,008

Net Assets

$1,366,365

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,957,286	87.4%
Investment Income	$3,234	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$542
Other Revenue	$422,261	12.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$136,799	5.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$753,076	27.6%

Assets/Debt
Total Assets	$6,697,557
Total Liabilities	$5,331,192
Net Assets	$1,366,365

Club or Co-Op Income
Initiation Fees & Contributions	$235,650
Income From Public Use of Club Facilities	$113,398

Compensation

Key Employees and Officers	Compensation	Related	Other
Nicola Longo (General Manager)	$125,731	$0	$11,065
Steve Landa (President/Personnel Chair)	$0	$0	$0
Jim Buck (Vp & Green Committee Chair)	$0	$0	$0
Tony Amicon (Treasurer/Finance Chair)	$0	$0	$0
Becky Seurkamp (Membership & Marketing Com)	$0	$0	$0
Tom Anthony (Secretary House & Entertai)	$0	$0	$0
Tim Dunn (Strategic Planning Committ)	$0	$0	$0
Cindy Sibcy (Rules & Nominating Chair)	$0	$0	$0

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990

Filed on Nov. 4, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$3,165,222

Expenses

$2,741,845

Net Income

$423,377

Net Assets

$714,357

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,682,051	84.7%
Investment Income	$9,869	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$44,830	1.4%
Other Revenue	$428,472	13.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$130,366	4.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$683,083	24.9%

Assets/Debt
Total Assets	$6,001,973
Total Liabilities	$5,287,616
Net Assets	$714,357

Club or Co-Op Income
Initiation Fees & Contributions	$102,300
Income From Public Use of Club Facilities	$179,331

Compensation

Key Employees and Officers	Compensation	Related	Other
Nicola Longo (General Manager)	$125,000	$0	$5,366
Steve Landa (President/Personnel Chair)	$0	$0	$0
Jim Buck (Vp & Green Committee Chair)	$0	$0	$0
Tony Amicon (Treasurer/Finance Chair)	$0	$0	$0
Becky Seurkamp (Membership & Marketing Committee Chair)	$0	$0	$0
Tom Anthony (Secretary House & Entertainment Chair)	$0	$0	$0
Tim Dunn (Strategic Planning Committee)	$0	$0	$0
Cindy Sibcy (Rules & Nominating Chair)	$0	$0	$0

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990

Filed on Nov. 15, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$2,504,428

Expenses

$2,385,443

Net Income

$118,985

Net Assets

$290,980

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,415,833	96.5%
Investment Income	$9,367	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$491	0.0%
Net Inventory Sales	$37,750	1.5%
Other Revenue	$40,987	1.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$125,328	5.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$675,917	28.3%

Assets/Debt
Total Assets	$3,578,249
Total Liabilities	$3,287,269
Net Assets	$290,980

Club or Co-Op Income
Initiation Fees & Contributions	$72,750
Income From Public Use of Club Facilities	$118,906

Compensation

Key Employees and Officers	Compensation	Related	Other
Nicola Longo (General Manager)	$120,000	$0	$5,328
Steve Landa (President/Personnel Chair)	$0	$0	$0
Jim Buck (Vp & Green Committee Chair)	$0	$0	$0
Tony Amicon (Treasurer/Finance Chair)	$0	$0	$0
Becky Seurkamp (Secretary/Membership & Mar)	$0	$0	$0
Tom Anthony (House & Entertainment Chai)	$0	$0	$0
Tim Dunn (Strategic Planning Committ)	$0	$0	$0
Joe Loudon (Rules & Nominating Chair)	$0	$0	$0

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990

Filed on Oct. 2, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$2,282,067

Expenses

$2,282,120

Net Income

-$53

Net Assets

$171,995

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,123,152	93.0%
Investment Income	$7,080	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$85,896	3.8%
Other Revenue	$65,939	2.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$119,767	5.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$619,993	27.2%

Assets/Debt
Total Assets	$3,587,309
Total Liabilities	$3,415,314
Net Assets	$171,995

Club or Co-Op Income
Initiation Fees & Contributions	$60,834
Income From Public Use of Club Facilities	$88,323

Compensation

Key Employees and Officers	Compensation	Related	Other
Nicola Longo (General Manager)	$114,500	$0	$5,267
Steve Landa (President/Personnel Chair)	$0	$0	$0
Jim Buck (Vp & Green Committee Chair)	$0	$0	$0
Tony Amicon (Treasurer/Finance Chair)	$0	$0	$0
Becky Seurkamp (Secretary/Membership & Marketing Chair)	$0	$0	$0
Tom Anthony (House & Entertainment Chair)	$0	$0	$0
Tom Koch (Strategic Planning Committee Chair)	$0	$0	$0
Joe Loudon (Rules & Nominating Chair)	$0	$0	$0

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990

Filed on Oct. 8, 2019

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Fiscal Year Ending Dec.
2017

Revenue

$2,303,672

Expenses

$2,226,190

Net Income

$77,482

Net Assets

$172,048

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,185,755	94.9%
Investment Income	$7,572	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$3,300	0.1%
Net Inventory Sales	$77,344	3.4%
Other Revenue	$29,701	1.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$115,497	5.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$613,907	27.6%

Assets/Debt
Total Assets	$3,680,191
Total Liabilities	$3,508,143
Net Assets	$172,048

Club or Co-Op Income
Initiation Fees & Contributions	$92,943
Income From Public Use of Club Facilities	$81,090

Compensation

Key Employees and Officers	Compensation	Related	Other
Nicola Longo (General Manager)	$110,500	$0	$4,997
Steve Landa (President/Personnel Chair)	$0	$0	$0
Jim Buck (Vp/Membership & Marketing Chair)	$0	$0	$0
Bob Stewart (Treasurer/Finance Chair)	$0	$0	$0
Tom Koch (Secretary/Strategic Planning Chair)	$0	$0	$0
Tom Anthony (House & Entertainment Chair)	$0	$0	$0
Joe Loudon (Rules & Nominating Chair)	$0	$0	$0
Mark Weber (Green Chair)	$0	$0	$0

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990

Filed on Sept. 7, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$2,859,402

Expenses

$2,999,367

Net Income

-$139,965

Net Assets

-$76,669

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,859,402	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,192,078	39.7%

Assets/Debt
Total Assets	$3,065,572
Total Liabilities	$3,142,241
Net Assets	-$76,669

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Steve Landa (President)	$0	$0	$0
Jim Buck (Vice Pres)	$0	$0	$0
Kathy Brockman (Secretary)	$0	$0	$0
Robert Stewart (Treasurer)	$0	$0	$0

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990

Filed on May 4, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$2,958,268

Expenses

$3,004,862

Net Income

-$46,594

Net Assets

$63,296

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,950,753	99.7%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$7,515	0.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,167,577	38.9%

Assets/Debt
Total Assets	$2,893,591
Total Liabilities	$2,830,295
Net Assets	$63,296

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Steve Landa (President)	$0	$0	$0
Steve Gailer (Vice Pres)	$0	$0	$0
Kathy Brockman (Secretary)	$0	$0	$0
Robert Stewart (Treasurer)	$0	$0	$0

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990

Filed on May 3, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$3,114,400

Expenses

$3,090,874

Net Income

$23,526

Net Assets

$109,890

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,114,400	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,196,335	38.7%

Assets/Debt
Total Assets	$3,025,155
Total Liabilities	$2,915,265
Net Assets	$109,890

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Steve Landa (President)	$0	$0	$0
James Buck (Vice Pres)	$0	$0	$0
Kathy Brockman (Secretary)	$0	$0	$0
Robert Stewart (Treasurer)	$0	$0	$0

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990

Filed on April 29, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$3,242,462

Expenses

$3,148,608

Net Income

$93,854

Net Assets

$86,364

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,242,462	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,205,269	38.3%

Assets/Debt
Total Assets	$3,249,034
Total Liabilities	$3,162,670
Net Assets	$86,364

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Steve Landa (President)	$0	$0	$0
James Buck (Vice Pres)	$0	$0	$0
Kathy Brockman (Secretary)	$0	$0	$0
Robert Stewart (Treasurer)	$0	$0	$0

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990

Filed on May 9, 2014

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Fiscal Year Ending Dec.
2012

Revenue

$3,056,098

Expenses

$3,147,787

Net Income

-$91,689

Net Assets

-$7,490

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$3,056,098	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,153,093	36.6%

Assets/Debt
Total Assets	$3,321,105
Total Liabilities	$3,328,595
Net Assets	-$7,490

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$0

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$2,788,234

Expenses

$2,978,677

Net Income

-$190,443

Net Assets

$86,143

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,788,234	100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,107,305	37.2%

Assets/Debt
Total Assets	$3,506,670
Total Liabilities	$3,420,527
Net Assets	$86,143

Club or Co-Op Income
Initiation Fees & Contributions	$0
Income From Public Use of Club Facilities	$0

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Terrace Park Country Club

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $3.75M (2023)

Expenses $3.64M (2023)

Total Assets $7.28M (2023)

Total Liabilities $5.15M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Revenue

$3.75M (2023)

Expenses

$3.64M (2023)

Total Assets

$7.28M (2023)

Total Liabilities

$5.15M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004