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Filing year 2024

THE SALEM COUNTRY CLUB INCORPORATED

Peabody, Massachusetts·EIN 04-1802730·7
Total revenue
$7.7M
Total assets
$18.3M
Total expenses
$8M
Reported officers
16
Mission

THE PURPOSES OF THE CLUB ARE THE ESTABLISHMENT AND MAINTENANCE OF SUITABLE GROUNDS FOR THE ENCOURAGEMENT OF ATHLETIC EXERCISES AND SPORTS, ESPECIALLY FOR THE PLAYING, ADVANCEMENT, AND CULTIVATION OF THE ROYAL AND ANCIENT GAME OF GOLF, AND FOR THE MAINTENANCE OF A CLUBHOUSE WITH SUITABLE APPOINTMENTS AND ACCESSORIES FOR THE USE OF CLUB MEMBERS AND THEIR GUESTS.

Executive compensation, broken down

Form 990 · Schedule J · 6 reported individuals · Filing year 2024

General Manager & COO
$358k
$382k
Base
$296k
Bonus
$34k
Other
Benefits
$28k
Grounds Superintendent
key employee
$290k
$310k
Base
$240k
Bonus
$34k
Other
Benefits
$16k
Controller
key employee
$198k
$212k
Base
$155k
Bonus
$29k
Other
Benefits
$14k
Club Manager
highest compensated employee
$161k
$172k
Base
$124k
Bonus
$13k
Other
Benefits
$24k
Executive Chef
highest compensated employee
$147k
$157k
Pga Professional
highest compensated employee
$133k
$142k

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 10 unpaid individuals.

Up 7%
from 2023

From $335k in 2023 to $358k in 2024.

$335k
2023
$358k
2024
In today's dollarsEst.
Up 4% in real terms$369k to $382k

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

THE SALEM COUNTRY CLUB INCORPORATED reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.4M
$8.1M
2023
$7.7M
$8M
2024
Total revenue and total expenses from IRS Form 990 filings.
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