Rehoboth Beach Country Club

Nonprofit profile at a glance

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

24 people listed

CARPIU CHERECHES (GENERAL MANAGER/COO): $377,855 total reported compensation
GERALD SCHRECK (DIRECTOR OF FOOD & BEVERAG): $204,656 total reported compensation
ALAN FITZGERALD (GROUNDS SUPERINTENDENT): $199,904 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Social club organized for the pleasure and recreation of the club members.

Revenue model: Other-operating. 98% of the money available for current operations came from other operating revenue.
Distribution model: Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: 13%; rating input score 73; 73rd percentile among comparable filings
Total-asset coverage ratio: 2.58; rating input score 70; 70th percentile among comparable filings
Liabilities to assets ratio: 0.41; rating input score 36; 36th percentile among comparable filings
Officer compensation ratio: 20%; rating input score 4; 4th percentile among comparable filings

Program expense growth: 28.2% per year; rating input score 100; 94th percentile among comparable filings
Revenue growth: 4.9% per year; rating input score 100; 43rd percentile among comparable filings
Asset growth: 8.4% per year; rating input score 100; 57th percentile among comparable filings

Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
Governance: 13 of 13 board members independent · 6 of 8 filing controls reported
Programs: 1 filed program accomplishment
Leadership: top reported pay $378K · 24 people listed · 3 of 6 pay-setting controls reported
Highest-paid contractors: 1 contractor listed · $100K reported
Consistency: 13 of 13 current checks pass
Schedules: 4 filed schedules · includes executive pay
Filing history: 12 filing years from 2013 to 2024
Contacts: How to reach this organization
Money network: 11 filed money-flow records
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Signals prioritize questions for review. They are not findings of misconduct.