2026-02-16T11:16:23-06:00 2025-03-31 362985770 SELDEN FOX LTD ONE PARKVIEW PLAZA SUITE 710 OAKBROOK TERRACE IL 60181 990 2024-11-01 361716480 RUTH LAKE COUNTRY CLUB RUTH 6309862060 6200 S MADISON STREET HINSDALE IL 60521 KYLE STERN TREASURER 6309862060 2026-02-14 1 0 PAUL J ROZEK P00542258 6309541400 2024 2025-03-06 01:10:19Z BARRY SCHWARTZ 6200 S MADISON STREET HINSDALE IL 60521 4064640 0 X RUTHLAKECC.ORG X 1922 IL TO PROVIDE FOR THE MEMBERSHIP EXCELLENT SERVICES PROVIDED BY AN OUTSTANDING STAFF IN A QUALITY CLUBHOUSE, EXCELLENT MAINTAINED GOLF COURSE, TENNIS, AND SWIMMING FACILITIES. 13 13 279 13 267882 111646 0 0 14441908 3058531 122736 32508 2541589 515727 17106233 3606766 0 0 0 0 7206853 2257615 0 0 0 4152785 1620170 11359638 3877785 5746595 -271019 27918779 28008688 3437308 3798236 24481471 24210452 TO PROVIDE FOR THE MEMBERSHIP EXCELLENT SERVICES PROVIDED BY AN OUTSTANDING STAFF IN A QUALITY CLUBHOUSE, EXCELLENT MAINTAINED GOLF COURSE, TENNIS, AND SWIMMING FACILITIES. 0 0 A PRIVATE CLUB PROVIDING GOLF, SWIMMING, TENNIS, AND DINING FACILITIES FOR THE BENEFIT OF ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 279 1 1 1 0 0 0 0 865404 203312 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 1 0 0 1 1 1 0 IL X BUTCH BAUDHUIN 6309862060 6200 S MADISON STREET HINSDALE IL 60521 CHRIS CATALANO PRESIDENT 5.00 X X 0 0 0 BARRY SCHWARTZ VICE PRESIDENT 5.00 X X 0 0 0 CHRIS LARSON SECRETARY 5.00 X X 0 0 0 KYLE STERN TREASURER 5.00 X X 0 0 0 CHARLES BUSH-JOSEPH DIRECTOR 5.00 X 0 0 0 JOHN DEAN END 1224 DIRECTOR 5.00 X 0 0 0 DEREK DELAMATER DIRECTOR 5.00 X 0 0 0 EDWARD DUNPHY DIRECTOR 5.00 X 0 0 0 GRADY HAMILTON END 1224 DIRECTOR 5.00 X 0 0 0 RJ LANGE DIRECTOR 5.00 X 0 0 0 JOHN MCGOWAN DIRECTOR 5.00 X 0 0 0 JC PHELAN DIRECTOR 5.00 X 0 0 0 SCOTT PJESKY DIRECTOR 5.00 X 0 0 0 SCOTT STRAUSSER DIRECTOR 5.00 X 0 0 0 PHILLIP TEUSCHER END 1224 DIRECTOR 5.00 X 0 0 0 JIM WEIL DIRECTOR 5.00 X 0 0 0 KEVIN S KENNEBECK GENERAL MANAGER 50.00 X 301728 0 46285 PATRICK BAUDHUIN CONTROLLER 50.00 X 126885 0 19852 DANIEL MARCO GROUNDS SUPERINTENDENT 50.00 X 277841 0 52367 MARK LABIAK GOLF PRO 50.00 X 125087 0 26824 THOMAS BIRMINGHAM EXECUTIVE CHEF 50.00 X 203802 0 32749 MIKE FRANCO PADDLE PRO 50.00 X 178296 0 23365 COLLIN RONAYNE ASSISTANT GM 50.00 X 139980 0 11845 1353619 0 213287 7 0 1 0 0 MEMBERSHIP DUES & ASSE 713910 1970415 1970415 CAPITAL ASSESSMENTS 713910 519485 519485 INITIATION FEES 713910 205069 205069 FOOD DEPARTMENT 713910 189286 189286 BEVERAGE DEPARTMENT 713910 110399 110399 63877 62572 1305 3058531 124366 124366 7400 99258 -91858 -91858 -91858 865572 358616 506956 364745 142211 FINANCE CHARGES 900099 6368 6368 MISCELLANOUES INCOME 900099 2403 2403 8771 3606766 3338884 267882 0 286167 1455964 64631 314117 136736 36513 3289 37106 185392 15000 735242 SUPPLIES 295609 EQUIPMENT REPAIR AND MA 112025 SOCIAL AND ENTERTAINMEN 44832 TEMP SERVICES 27117 128045 3877785 4960931 735343 2008332 927324 469850 210006 188220 208704 183732 42272183 19813854 19726187 22458329 1885627 1964882 27918779 28008688 1568803 1109824 15155 203375 552432 1853350 1932605 3437308 3798236 X 24481471 24210452 24481471 24210452 27918779 28008688 -271019 0 X 0 0 0 54500 54500 19720624 11226062 8494562 5383715 1736659 3647056 17113344 6851133 10262211 22458329 DEFERRED COMPENSATION PLAN 1448772 OPERATING LEASE RIGHT OF USE ASSET 483833 INTEREST RATE CAP AGREEMENT 32277 1964882 DEFERRED COMPENSATION PLAN 1448772 OPERATING LEASE LIABILITY 483833 1932605 X 0 0 X 0 1 0 KEVIN S KENNEBECK GENERAL MANAGER 226054 0 66500 0 9174 0 29096 0 17189 0 348013 0 0 0 DANIEL MARCO GROUNDS SUPERINTENDENT 233584 0 42188 0 2069 0 33163 0 19204 0 330208 0 0 0 THOMAS BIRMINGHAM EXECUTIVE CHEF 168161 0 34453 0 1188 0 13930 0 18819 0 236551 0 0 0 MIKE FRANCO PADDLE PRO 62013 0 116121 0 162 0 5528 0 17837 0 201661 0 0 0 MARK LABIAK GOLF PRO 91361 0 32538 0 1188 0 8071 0 18753 0 151911 0 0 0 COLLIN RONAYNE ASSISTANT GM 122258 0 17578 0 144 0 4281 0 7564 0 151825 0 0 0 PART I, LINE 4B THE CLUB SPONSORS A 401(K) PLAN THAT IS AVAILABLE TO SUBSTANTIALLY ALL EMPLOYEES THAT ARE 21 YEARS OF AGE AND HAVE COMPLETED ONE YEAR OF SERVICE, AS DEFINED. UNDER THE PLAN, PARTICIPANTS ARE ABLE TO CONTRIBUTE A PERCENTAGE OF THEIR ANNUAL SALARY, SUBJECT TO IRS LIMITATIONS. CLUB MATCHING CONTRIBUTIONS ARE DISCRESTIONARY. THE CLUB CURRENTLY MATCHES 100% OF THE FIRST 3% OF COMPENSATION THAT THE PARTICIPANT CONTRIBUTES TO THE PLAN AND AN ADDITIONAL 50% UP TO 5% OF THE PARTICIPANT'S COMPENSATION CONTRIBUTION TO THE PLAN. PARTICIPANTS ARE FULLY VESTED IN THEIR CONTRIBUTIONS AND VEST RATABLY OVER SIX YEARS IN ANY CLUB MATCHING CONTRIBUTIONS. THE CLUB HAS NON-QUALIFIED DEFERRED COMPENSATION AGREEMENTS WITH CERTAIN KEY EMPLOYEES. THE AGREEMENTS ARE FUNDED THROUGH ELECTIVE SALARY DEFERRALS MADE BY THE PARTICIPANTS AND DISCRETIONARY CONTRIBUTIONS FROM THE CLUB. ASSETS SET ASIDE TO FUND THIS LIABILITY ARE INVESTED IN MUTUAL FUNDS THAT ARE STATED AT FAIR VALUE ON TEH STATEMENTS OF FINANCIAL POSITION. THE AMOUNT DUE TO THE PARTICIPANTS IS EQUAL TO THE VALUE OF THE INVESTMENT ACCOUNT HELD BY THE CLUB ON THEIR BEHALF. FORM 990, PART VI, SECTION A, LINE 6 THERE ARE TWO MAJOR CLASSES OF MEMBERS, EQUITY MEMBERS AND NON-EQUITY MEMBERS. EQUITY MEMBERS ARE MEMBERS WHO ARE ENTITLED TO SHARE IN LIQUIDATION PROCEEDS, AND WHO PURCHASE A REDEEMABLE OR PARTIALLY REDEEMABLE CERTIFICATE, ARE DEEMED "EQUITY" MEMBERS. THESE MEMEBERS HAVE THE AUTHORITY TO ELECT THE GOVERNING BODY AND ALSO APPROVE SIGNIFICANT DECISIONS BY THE GOVERNING BODY. NON-EQUITY MEMBERS ARE MEMBERS WHO ARE NOT ENTITLED TO VOTE, HOLD OFFICE, SHARE IN LIQUIDATION PROCEEDS, OR HAVE THEIR INITIATION FEES REFUNDED IN WHOLE OR IN PART ARE DEEMED "NON-EQUITY" MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A VACANCIES OCCURING ON THE BOARD OF DIRECTORS DURING THE YEAR SHALL BE FILLED BY THE BOARD, BY APPOINTMENT, THE APPOINTEE WILL HOLD OFFICE UNTIL HIS SUCCESSOR HAS BEEN DULY ELECTED TO ASSUME OFFICE. FORM 990, PART VI, SECTION A, LINE 7B THE EQUITY MEMBERS HAVE THE RIGHT TO RATIFY SIGNIFICANT DECISIONS MADE BY THE BOARD MEMBERS. EXAMPLES OF THESE SIGNIFICANT DECISIONS INCLUDE; INCREASE DUES, LEVYING NON-OPERATING ASSESMENTS, INCURRING AN INDEBTEDNESS WHICH IS NOT IN THE USUAL COURSE OF BUSINESS, THE SALE OR DISPOSAL OF REAL PROPERTY, AND ALTERING, AMENDING OR REPEALING BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM, SELDEN FOX, LTD., AND IS REVIEWED BY THE ORGANIZATION'S TREASURER. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR EMPLOYEES OTHER THAN KEY EMPLOYEES IS REVIEWED ANNUALLY BY THE DEPARTMENT HEAD AND GENERAL MANAGER. FORM 990, PART VI, SECTION C, LINE 19 A PRIVATE MEMBER CLUB IS NOT REQUIRED TO MAKE THE GOVERNING DOCUMENTS, OR FINANCIAL STATEMENTS, AVAILABLE TO THE PUBLIC. HOWEVER, FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST.