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Filing year 2024

KERNWOOD COUNTRY CLUB

Salem, Massachusetts·EIN 04-1503740·501(c)(7)
Total revenue
$7.1M
Total assets
$11.5M
Total expenses
$6.8M
Reported officers
17
Mission

TO FURNISH ATHLETIC AND RECREATIONAL FACILITIES FOR ITS MEMBERS, TO PROMOTE SOCIAL INTERCOURSE AMONG ITS MEMBERS AND TO MAINTAIN A CLUBHOUSE FOR THE USE OF ITS MEMBERS.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

General Manager/coo
Key Employee
Median to 75th percentile
$222k
$237k
Base
$209k
Bonus
Other
Benefits
$13k
Head Golf Professional
Highest Compensated Employee
Median to 75th percentile
$216k
$230k
Base
$176k
Bonus
Other
$16k
Benefits
$23k
Golf Superintendent
Key Employee
Median to 75th percentile
$201k
$214k
Base
$173k
Bonus
Other
Benefits
$27k
Executive Chef
Highest Compensated Employee
25th percentile to median
$164k
$175k
Base
$142k
Bonus
$15k
Other
$2k
Benefits
$6k
Controller
Median to 75th percentile
$146k
$155k
Assistant General Manager
General Manager
25th percentile to median
$144k
$154k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 11 unpaid individuals.

Down 23%
from 2023

From $289k in 2023 to $222k in 2024.

$289k
2023
$222k
2024
In today's dollarsEst.
Down 26% in real terms$318k to $237k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay fell 23% from 2023 to 2024, while revenue fell 3%.

$289k in 2023 to $222k in 2024.
  • Highest Compensated Employee pay rose 13% from 2023 to 2024.
  • General Manager pay fell 6% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

KERNWOOD COUNTRY CLUB reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.3M
$7.5M
2023
$7.1M
$6.8M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about KERNWOOD COUNTRY CLUB

What does the Key Employee of KERNWOOD COUNTRY CLUB earn?

In 2024, the Key Employee of KERNWOOD COUNTRY CLUB received $221,816 in total compensation. This pay is above the median (the midpoint) for Key Employee roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at KERNWOOD COUNTRY CLUB compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Key Employee at KERNWOOD COUNTRY CLUB falls between the median and the 75th percentile.

What are KERNWOOD COUNTRY CLUB's revenue and expenses?

In 2024, KERNWOOD COUNTRY CLUB reported $7.1M in total revenue and $6.8M in total expenses on its IRS Form 990.

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