Kevin Reilly, J.D., CPA, CGMA is a nationally recognized expert in private club taxation and financial consulting with 40+ years of public accounting and hospitality advisory experience. He advises boards and leadership teams on complex financial, tax, and governance matters and has served as an arbitrator and expert witness in club-related disputes. Kevin is a long-time industry educator and author, and a multiple-time BoardRoom Magazine Excellence in Achievement honoree, including their 2023 Lifetime Achievement Award.
Establish foundations or legacy programs that support philanthropy, long-term capital initiatives, or preservation of historic club assets. We help clarify the purpose, structure, governance, and compliance considerations of these entities to ensure the foundation aligns with your club’s mission while engaging members in meaningful, future-focused giving.
The Club Council assists clubs in developing or refining a reserve fund investment policy that reflects your club’s strategic goals, risk profile, and fiduciary responsibilities. We facilitate the policy-creation process and coordinate with financial advisors or fiduciaries to ensure a prudent, well-governed approach.
We conduct independent, objective evaluations of your club’s financial performance to identify strengths, vulnerabilities, and opportunities for improvement. Our analysis addresses operating trends, capital structure, member dues models, and reserves. Clubs will receive clear, customized recommendations to strengthen fiscal health and support strategic decision-making.
As part of a Board Retreat, we design tailored financial education and planning sessions that align leadership around the club’s long-term financial trajectory. Retreat content may include financial forecasting, capital planning, and scenario modeling. Your Board needs the knowledge and tools to make informed, confident decisions about the club’s financial direction.
Gain a thorough understanding of your club’s current and future capital needs, including the financial capacity and strategic implications of various funding options. We evaluate feasibility, debt structures, member appetite, and long-term sustainability to help leaders make data-driven decisions. Clubs also receive best practice guidance for communicating capital initiatives transparently and effectively with members.
Evaluate and enhance your club’s executive retention strategies within today’s competitive and fast-changing labor market. We help Boards and leadership teams understand modern compensation structures, evolving expectations, and the factors driving shorter leadership tenures.
We help clubs assess and refine their employee benefits offerings to remain competitive in attracting and retaining staff at all levels. This includes reviewing 401(k) structures, health and wellness benefits, and emerging best practices within the private club sector. We partner with specialized benefits consultants when appropriate to ensure compliance, quality, and cost-effective plan design.