RFIV501(c)(7) · MEDIUMNAICS 713910EIN 36-1689955

River Forest Country Club

Elmhurst, IL · founded 1999
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$9.02M
▼ 2.4% YoY
FY23 Total Expenses
$8.28M
▲ 21.9% YoY
Operating Margin
8.3%
revenue minus expenses ÷ revenue
Employees
190
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$9.0M
▲ 51.9% / 5y
5.97.97.99.29.0
Expenses
$8.3M
▲ 42.1% / 5y
5.85.45.46.88.3
Total Assets
$21.8M
▲ 126.7% / 5y
9.612.012.020.821.8
Total Liabilities
$8.3M
▲ 475.9% / 5y
1.41.41.47.98.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$5.9M$7.9M$7.9M$9.2M$9.0M+51.9%
Expenses$5.8M$5.4M$5.4M$6.8M$8.3M+42.1%
Net surplus$117K$2.4M$2.4M$2.5M$745K+535.4%
Total assets$9.6M$12.0M$12.0M$20.8M$21.8M+126.7%
Total liabilities$1.4M$1.4M$1.4M$7.9M$8.3M+475.9%
Net assets$8.2M$10.6M$10.6M$12.9M$13.5M+64.8%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
JEFF SCHENKEL
General Manager· 40h/wk
$227,800$32,225
DEREK WEBER
Golf Course Superintendent· 40h/wk
$195,414$5,733
DON OESTE
Controller· 40h/wk
$137,593$25,291
NATHAN SKROCKI
Executive Chef· 40h/wk
$136,804$25,260
MARSELA DINE
CATERING DIRECTOR· 40h/wk
$126,790$24,860

+ 16 unpaid officers/directors as reported (AL HOGAN, BRIAN O'BRIEN, DAVE CARLQUIST END 1122, +13 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
CM GUMBACH LTD
ELMHURST, IL
HEAD GOLF PRO$1,136,804

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$3,419,878
INITIATION FEES$1,301,615
CAPITAL ASSESSMENT$891,800
GOLF OPERATIONS$827,237
FOOD AND BEVERAGE$212,538

RFounded in 1999, River Forest Country Club reported $9.02M of revenue for FY23, at an operating margin of 8.3%. Revenue moved down 2.4% 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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