Knollwood Club
AN ORGANIZATION FORMED TO PROVIDE PROGRAMS AND FACILITIES FOR THE SOCIAL AND RECREATIONAL BENEFIT OF ITS MEMBERS.
Knollwood Club
Overview
The Knollwood Club is a nonprofit organization designated as a 501(c)(7) social and recreational club. Founded in 1924, it is situated on 240 rolling acres in Lake Forest, Illinois. The club is one of the premier country clubs in Illinois, offering a range of facilities and programs aimed at enhancing the social and recreational experiences of its members.
Mission and Facilities
The mission of the Knollwood Club is to provide programs and facilities that contribute to the social and recreational well-being of its members. It offers a variety of amenities, including a restaurant, clubhouse, golf courses designed by renowned architects H.S. Colt and C.H. Alison, swimming pools, and tennis courts. Additionally, the club features wintertime activities such as skeet shooting and cross-country skiing, and a full calendar of dining and social events[1][2].
Financial Overview
As of recent disclosures, the Knollwood Club has a substantial workforce of 232 employees. The club's revenue is primarily derived from program services and sales, with significant investments in facilities and member amenities. In 2022, the club reported a revenue of $9,118,352[1]. Notable expenses include executive compensation and other salaries and wages, reflecting the organization's focus on maintaining high-quality facilities and services for its members[1][3].
Governance and Operations
Michael O. Graham serves as the Principal Officer of the Knollwood Club. As a 501(c)(7) organization, donations to the club are not tax deductible[3]. The club submits Form 990 filings, which provide transparency into its activities, finances, and governance[1][3].
Impact and Role in the Community
The Knollwood Club plays a significant role in enhancing the social and recreational lives of its members. By offering diverse programs and facilities, it fosters a sense of community and connection among individuals who share common interests. The club's presence in the Lake Forest area contributes positively to the local social fabric, providing a vibrant and supportive environment for members to engage in leisure activities[1].
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