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Filing year 2024

KERNWOOD COUNTRY CLUB

Salem, Massachusetts·EIN 04-1503740·7
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 · Schedule J · 6 reported individuals · Filing year 2024

General Manager/coo
key employee
$222k
$237k
Base
$209k
Bonus
Other
Benefits
$13k
Head Golf Professional
highest compensated employee
$216k
$230k
Base
$176k
Bonus
Other
$16k
Benefits
$23k
Golf Superintendent
key employee
$201k
$214k
Base
$173k
Bonus
Other
Benefits
$27k
Executive Chef
highest compensated employee
$164k
$175k
Base
$142k
Bonus
$15k
Other
$2k
Benefits
$6k
Controller
highest compensated employee
$146k
$155k
Assistant General Manager
highest compensated employee
$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.

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.
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