RIDG501(c)(7) · MEDIUMNAICS 713910EIN 36-1685250

Ridge Country Club

Chicago, IL · founded 1934
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$4.86M
▲ 6.9% YoY
FY23 Total Expenses
$4.50M
▲ 7.7% YoY
Operating Margin
7.4%
revenue minus expenses ÷ revenue
Employees
187
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$4.9M
▲ 36.8% / 5y
3.64.34.34.54.9
Expenses
$4.5M
▲ 21.3% / 5y
3.73.63.64.24.5
Total Assets
$6.6M
▲ 37.8% / 5y
4.85.65.66.26.6
Total Liabilities
$2.7M
▲ 15.7% / 5y
2.42.52.52.72.7

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.6M$4.3M$4.3M$4.5M$4.9M+36.8%
Expenses$3.7M$3.6M$3.6M$4.2M$4.5M+21.3%
Net surplus-$156K$742K$742K$369K$360K-331.0%
Total assets$4.8M$5.6M$5.6M$6.2M$6.6M+37.8%
Total liabilities$2.4M$2.5M$2.5M$2.7M$2.7M+15.7%
Net assets$2.4M$3.1M$3.1M$3.5M$3.8M+59.6%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
KRIS KVELLAND
Golf Course Superintendent· 40h/wk
$173,674$30,230
Dawn Fairley
General Manager· 40h/wk
$114,791$17,451
Francesca Stirrat
Executive Chef· 40h/wk
$102,310$18,734

+ 12 unpaid officers/directors as reported (ANDREW STYCZYNSKI, JEFF CARPENTER, JEFF SCHNELLER, +9 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES & ASSESSM$3,543,767
GOLF RELATED FEES & SALES$761,569
POOL,RACQUETS & OTHER$105,500
LOCKER RENTALS$94,725
OTHER REVENUE$58,334

RFounded in 1934, Ridge Country Club reported $4.86M of revenue for FY23, at an operating margin of 7.4%. Revenue moved up 6.9% against the prior posted return. Every figure on this page is drawn from the club’s Form 990 as filed; a dash marks a value the filing did not report.

Source documents
Form 990, FY2023 · period ending Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 30 2021 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 10 more · via ProPublica
BLTS $29.2M ▲4.1
STLC $18.4M ▲8.1
ESSX $15.3M ▲11.2
TRDN $17.7M ▼1.4
MRON $17.0M ▲5.2
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