The Town Club

Portland, OR
Tax-exempt since May 1929
EIN: 93-0298400

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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

$1.88M (2023)

Expenses

$1.72M (2023)

Total Assets

$7.35M (2023)

Total Liabilities

$277k (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 Oct.
2023

Revenue

$1,882,226

Expenses

$1,719,345

Net Income

$162,881

Net Assets

$7,075,142

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$40,628	2.2%
Program Services	$1,596,524	84.8%
Investment Income	$163,459	8.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$22,553	1.2%
Net Inventory Sales	$31,774	1.7%
Other Revenue	$27,288	1.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$98,435	5.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$554,362	32.2%

Assets/Debt
Total Assets	$7,352,553
Total Liabilities	$277,411
Net Assets	$7,075,142

Club or Co-Op Income
Initiation Fees & Contributions	$195,500
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Cindy Norstrom (General Mana)	$98,435	$0	$15,256
Mrs Richard Church (President)	$0	$0	$0
Mrs Mark D Fraser (1 St Vice Pr)	$0	$0	$0
Ms Ann D Flowerree (2 Nd Vice Pre)	$0	$0	$0
Mrs Norman D Duffett (Treasurer)	$0	$0	$0
Mrs Barbara Kimberley (Secretary)	$0	$0	$0

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990

Filed on Sept. 16, 2024

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

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Fiscal Year Ending Oct.
2022

Revenue

$1,773,282

Expenses

$1,519,226

Net Income

$254,056

Net Assets

$6,973,450

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$70,162	4.0%
Program Services	$1,462,326	82.5%
Investment Income	$235,643	13.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$23,573
Other Revenue	$28,724	1.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$144,392	9.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$392,547	25.8%

Assets/Debt
Total Assets	$7,247,441
Total Liabilities	$273,991
Net Assets	$6,973,450

Club or Co-Op Income
Initiation Fees & Contributions	$167,000
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Cindy Norstrom (General Mana)	$77,348	$0	$12,811
Jade Kiosse (General Mana)	$67,044	$0	$9,067
Mrs Mark D Fraser (President)	$0	$0	$0
Dr Carol R Smith (1 St Vice Pre)	$0	$0	$0
Mrs James Bode (2 Nd Vice Pre)	$0	$0	$0
Mrs Norman D Duffett (Treasurer)	$0	$0	$0
Ms Ann D Floweree (Secretary)	$0	$0	$0

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990

Filed on April 6, 2023

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Fiscal Year Ending Oct.
2021

Revenue

$1,829,532

Expenses

$1,425,816

Net Income

$403,716

Net Assets

$7,416,443

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$131,461	7.2%
Program Services	$1,300,469	71.1%
Investment Income	$207,351	11.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$90,501
Other Revenue	$280,752	15.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$124,288	8.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$377,908	26.5%

Assets/Debt
Total Assets	$7,469,942
Total Liabilities	$53,499
Net Assets	$7,416,443

Club or Co-Op Income
Initiation Fees & Contributions	$72,250
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Jade Kiosse (General Mana)	$124,288	$0	$16,863
Mrs Mark D Fraser (President)	$0	$0	$0
Mrs Carolyn Murphy (1 St Vice Pre)	$0	$0	$0
Mrs James Bode (2 Nd Vice Pre)	$0	$0	$0
Mrs Richard F Church (Treasurer)	$0	$0	$0
Ms Ann D Floweree (Secretary)	$0	$0	$0

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990

Filed on Sept. 14, 2022

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Fiscal Year Ending Oct.
2020

Revenue

$1,628,812

Expenses

$1,376,605

Net Income

$252,207

Net Assets

$6,435,480

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$169,691	10.4%
Program Services	$1,308,120	80.3%
Investment Income	$141,471	8.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$22,177
Other Revenue	$31,707	1.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$126,940	9.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$389,458	28.3%

Assets/Debt
Total Assets	$6,488,787
Total Liabilities	$53,307
Net Assets	$6,435,480

Club or Co-Op Income
Initiation Fees & Contributions	$67,000
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Jade Kiosse (General Mana)	$126,940	$0	$15,982
Mrs Carolyn Murphy (President)	$0	$0	$0
Mrs Janelle Jimerson (1 St Vice Pre)	$0	$0	$0
Ms Douglas Anderson (2 Nd Vice Pre)	$0	$0	$0
Mrs Richard F Church (Treasurer)	$0	$0	$0
Mrs Thomas Truszkowski (Secretary)	$0	$0	$0

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990

Filed on Sept. 15, 2021

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Fiscal Year Ending Oct.
2019

Revenue

$1,790,589

Expenses

$1,376,505

Net Income

$414,084

Net Assets

$6,156,128

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$71,893	4.0%
Program Services	$1,389,985	77.6%
Investment Income	$176,555	9.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$78,323	4.4%
Other Revenue	$73,833	4.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$124,360	9.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$406,776	29.6%

Assets/Debt
Total Assets	$6,224,852
Total Liabilities	$68,724
Net Assets	$6,156,128

Club or Co-Op Income
Initiation Fees & Contributions	$116,000
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Jade Kiosse (General Mana)	$124,360	$0	$15,406
Mrs Carolyn Murphy (President)	$0	$0	$0
Mrs Joseph Herrle (1 St Vice Pre)	$0	$0	$0
Mrs James P Whittemore (2 Nd Vice Pre)	$0	$0	$0
Mrs Richard F Church (Treasurer)	$0	$0	$0
Mrs Thomas Truszkowski (Secretary)	$0	$0	$0

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990

Filed on Sept. 14, 2020

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Fiscal Year Ending Oct.
2018

Revenue

$1,575,969

Expenses

$1,369,279

Net Income

$206,690

Net Assets

$5,610,624

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$27,548	1.7%
Program Services	$1,379,604	87.5%
Investment Income	$93,881	6.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$53,378	3.4%
Other Revenue	$21,558	1.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$108,527	7.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$413,664	30.2%

Assets/Debt
Total Assets	$5,665,896
Total Liabilities	$55,272
Net Assets	$5,610,624

Club or Co-Op Income
Initiation Fees & Contributions	$122,500
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Jade Kiosse (General Mana)	$108,527	$0	$14,172
Mrs Joseph Herrle (President)	$0	$0	$0
Mrs Thomas Mackenzie (1 St Vice Pre)	$0	$0	$0
Mrs James P Whittemore (2 Nd Vice Pre)	$0	$0	$0
Mrs Brian Doherty (Treasurer)	$0	$0	$0
Mrs Thomas Truszkowski (Secretary)	$0	$0	$0

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990

Filed on Sept. 13, 2019

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Fiscal Year Ending Oct.
2017

Revenue

$1,509,487

Expenses

$1,162,204

Net Income

$347,283

Net Assets

$5,396,915

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$70,095	4.6%
Program Services	$1,310,311	86.8%
Investment Income	$72,675	4.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$31,698	2.1%
Other Revenue	$24,708	1.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$101,306	8.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$253,690	21.8%

Assets/Debt
Total Assets	$5,449,673
Total Liabilities	$52,758
Net Assets	$5,396,915

Club or Co-Op Income
Initiation Fees & Contributions	$101,000
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Jade Kiosse (General Mana)	$101,306	$0	$11,886
Mrs Joseph Herrle (President)	$0	$0	$0
Mrs William Winter (1 St Vice Pre)	$0	$0	$0
Mrs Walter Meihoff (2 Nd Vice Pre)	$0	$0	$0
Mrs Brian Doherty (Treasurer)	$0	$0	$0
Mrs James Crumpacker (Secretary)	$0	$0	$0

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990

Filed on Sept. 11, 2018

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Fiscal Year Ending Oct.
2016

Revenue

$1,476,594

Expenses

$1,162,082

Net Income

$314,512

Net Assets

$4,856,863

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$41,849	2.8%
Program Services	$1,279,842	86.7%
Investment Income	$148,634	10.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$2,756
Net Inventory Sales	-$21,199
Other Revenue	$30,224	2.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$34,847	3.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$353,533	30.4%

Assets/Debt
Total Assets	$4,913,214
Total Liabilities	$56,351
Net Assets	$4,856,863

Club or Co-Op Income
Initiation Fees & Contributions	$155,500
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Jade Kiosse (General Mana)	$34,847	$0	$2,166
Mrs Brian Doherty (Treasurer)	$0	$0	$0
Mrs William Winter (President)	$0	$0	$0
Mrs Walter Meihoff (2 Nd Vice Pre)	$0	$0	$0
Mrs Carolyn Murphy (1 St Vice Pre)	$0	$0	$0
Mrs James Crumpacker (Secretary)	$0	$0	$0

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990

Filed on March 20, 2017

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Fiscal Year Ending Oct.
2015

Revenue

$1,361,938

Expenses

$1,154,473

Net Income

$207,465

Net Assets

$4,558,966

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$36,975	2.7%
Program Services	$1,235,000	90.7%
Investment Income	$82,646	6.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	-$24,096
Other Revenue	$31,413	2.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$129,581	11.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$253,265	21.9%

Assets/Debt
Total Assets	$4,621,085
Total Liabilities	$62,119
Net Assets	$4,558,966

Club or Co-Op Income
Initiation Fees & Contributions	$121,500
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Scott Julien (General Mana)	$129,581	$0	$23,471
Mrs Thomas P Palmer (Treasurer)	$0	$0	$0
Mrs William Winter (President)	$0	$0	$0
Mrs Robert Pamplin (2 Nd Vice Pre)	$0	$0	$0
Mrs Gary Rueppell (1 St Vice Pre)	$0	$0	$0
Mrs James Rech (Secretary)	$0	$0	$0

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990

Filed on March 14, 2016

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Fiscal Year Ending Oct.
2014

Revenue

$1,548,324

Expenses

$1,222,915

Net Income

$325,409

Net Assets

$4,395,712

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$98,277	6.3%
Program Services	$1,236,008	79.8%
Investment Income	$87,036	5.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$75,027	4.8%
Other Revenue	$51,976	3.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$137,318	11.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$271,952	22.2%

Assets/Debt
Total Assets	$4,461,240
Total Liabilities	$65,528
Net Assets	$4,395,712

Club or Co-Op Income
Initiation Fees & Contributions	$144,000
Income From Public Use of Club Facilities	$0

Compensation

Key Employees and Officers	Compensation	Related	Other
Scott Julien (General Mana)	$137,318	$0	$23,886
Mrs Thomas P Palmer (Treasurer)	$0	$0	$0
Mrs Gary Rueppell (President)	$0	$0	$0
Mrs John Anderson (2 Nd Vice Pre)	$0	$0	$0
Mrs Cerise Joe (1 St Vice Pre)	$0	$0	$0
Mrs Sheryl Acheson (Secretary)	$0	$0	$0

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990

Filed on Sept. 9, 2015

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Fiscal Year Ending Oct.
2013

Revenue

$1,368,232

Expenses

$1,240,620

Net Income

$127,612

Net Assets

$4,008,845

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$23,385	1.7%
Program Services	$1,215,224	88.8%
Investment Income	$40,228	2.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$37,102	2.7%
Other Revenue	$52,293	3.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$47,492	3.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$450,941	36.3%

Assets/Debt
Total Assets	$4,094,332
Total Liabilities	$85,487
Net Assets	$4,008,845

Club or Co-Op Income
Initiation Fees & Contributions	$113,000
Income From Public Use of Club Facilities	$0

990

Filed on April 3, 2014

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Fiscal Year Ending Oct.
2012

Revenue

$1,371,398

Expenses

$1,299,135

Net Income

$72,263

Net Assets

$3,731,205

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$35,750	2.6%
Program Services	$1,173,476	85.6%
Investment Income	$63,290	4.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$80,779	5.9%
Other Revenue	$18,103	1.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$530,456	40.8%

Assets/Debt
Total Assets	$3,804,404
Total Liabilities	$73,199
Net Assets	$3,731,205

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 Oct.
2011

Revenue

$1,363,588

Expenses

$1,143,433

Net Income

$220,155

Net Assets

$3,610,885

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$50,543	3.7%
Program Services	$1,188,938	87.2%
Investment Income	$3,228	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$107,854	7.9%
Other Revenue	$13,025	1.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$488,785	42.7%

Assets/Debt
Total Assets	$3,739,447
Total Liabilities	$128,562
Net Assets	$3,610,885

Club or Co-Op Income
Initiation Fees & Contributions	$160,500
Income From Public Use of Club Facilities	$17,413

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The Town Club

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.88M (2023)

Expenses $1.72M (2023)

Total Assets $7.35M (2023)

Total Liabilities $277k (2023)

Tax Filings by Year

Fiscal Year Ending Oct. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Oct. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Oct. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Oct. 2011

Revenue

$1.88M (2023)

Expenses

$1.72M (2023)

Total Assets

$7.35M (2023)

Total Liabilities

$277k (2023)

Fiscal Year Ending Oct.
2023

Fiscal Year Ending Oct.
2022

Fiscal Year Ending Oct.
2021

Fiscal Year Ending Oct.
2020

Fiscal Year Ending Oct.
2019

Fiscal Year Ending Oct.
2018

Fiscal Year Ending Oct.
2017

Fiscal Year Ending Oct.
2016

Fiscal Year Ending Oct.
2015

Fiscal Year Ending Oct.
2014

Fiscal Year Ending Oct.
2013

Fiscal Year Ending Oct.
2012

Fiscal Year Ending Oct.
2011

Fiscal Year Ending Oct.
2010

Fiscal Year Ending Oct.
2009

Fiscal Year Ending Oct.
2008

Fiscal Year Ending Oct.
2007

Fiscal Year Ending Oct.
2006

Fiscal Year Ending Oct.
2005