RIDG501(c)(7) · MEDIUMNAICS 713910EIN 36-1685930

Ridgemoor Country Club

Chicago, IL · founded 1942
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$9.10M
▲ 7.0% YoY
FY23 Total Expenses
$8.37M
▲ 13.8% YoY
Operating Margin
8.0%
revenue minus expenses ÷ revenue
Employees
183
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$9.1M
▲ 27.8% / 5y
7.17.87.68.59.1
Expenses
$8.4M
▲ 29.1% / 5y
6.56.95.97.48.4
Total Assets
$15.7M
▲ 36.6% / 5y
11.511.813.514.715.7
Total Liabilities
$4.8M
▼ 0.8% / 5y
4.84.44.44.54.8

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$7.1M$7.8M$7.6M$8.5M$9.1M+27.8%
Expenses$6.5M$6.9M$5.9M$7.4M$8.4M+29.1%
Net surplus$639K$873K$1.7M$1.1M$731K+14.5%
Total assets$11.5M$11.8M$13.5M$14.7M$15.7M+36.6%
Total liabilities$4.8M$4.4M$4.4M$4.5M$4.8M-0.8%
Net assets$6.7M$7.4M$9.1M$10.2M$10.9M+63.4%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
ADAM STEINHOFER
Director of Golf· 40h/wk
$198,187$19,749
JOSH LANGELL
Golf Course Superintendent· 40h/wk
$194,775$10,064
JON KANE
General Manager· 40h/wk
$187,879$21,335
BORIS KIRZHNER
Executive Chef· 40h/wk
$115,405$13,939
ROBIN BARRERAS
Controller· 40h/wk
$104,080$12,439
ANTONIO SUAREZ
Assistant General Manager· 40h/wk
$101,664$7,334

+ 15 unpaid officers/directors as reported (BRADLEY SCHOTANUS, BRYCE BOWMAN, DAVID DREHOBL END 422, +12 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
BERNARD AZRIKAM
NORTHBROOK, IL
MAINTENANCE AND ELECTRICAL$117,955

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$3,432,081
INITIATION AND TRANSFER FEES$1,444,906
GOLF OPERATIONS$1,141,714
ASSESSMENTS$516,480
LOCKER DEPARTMENT$104,963

RFounded in 1942, Ridgemoor Country Club reported $9.10M of revenue for FY23, at an operating margin of 8.0%. Revenue moved up 7.0% 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 Fri Mar 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Thu Mar 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Wed Mar 31 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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