RIVE501(c)(7) · MEDIUMNAICS 713910EIN 36-1690350

Riverside Golf Club

N Riverside, IL · founded 1941
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$6.03M
▲ 36.1% YoY
FY23 Total Expenses
$4.35M
▲ 19.9% YoY
Operating Margin
28.0%
revenue minus expenses ÷ revenue
Employees
212
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$6.0M
▲ 42.8% / 5y
4.24.84.84.46.0
Expenses
$4.3M
▲ 16.4% / 5y
3.73.53.53.64.3
Total Assets
$11.7M
▲ 59.9% / 5y
7.38.88.87.911.7
Total Liabilities
$3.5M
▲ 12.6% / 5y
3.13.13.11.43.5

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$4.2M$4.8M$4.8M$4.4M$6.0M+42.8%
Expenses$3.7M$3.5M$3.5M$3.6M$4.3M+16.4%
Net surplus$492K$1.3M$1.3M$808K$1.7M+242.5%
Total assets$7.3M$8.8M$8.8M$7.9M$11.7M+59.9%
Total liabilities$3.1M$3.1M$3.1M$1.4M$3.5M+12.6%
Net assets$4.2M$5.7M$5.7M$6.5M$8.2M+95.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
KARL BOLLNOW
Head Golf Professional· 40h/wk
$146,766$197
Corey Kuhl
Grounds Super· 50h/wk
$138,935$17,617
THOMAS MCHUGH
General Manager· 40h/wk
$125,400
ROBERT KMETZ
Controller· 40h/wk
$109,147$445

+ 9 unpaid officers/directors as reported (CAROLYN BURKE, JAMES HUBERT, JAY DALICANDRO, +6 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$4,670,228
GUEST FEES & CART RENTALS$793,884
GOLF RANGE, CLUB STORAGE$166,416
LOCKERS$128,702
POOL$90,950

RFounded in 1941, Riverside Golf Club reported $6.03M of revenue for FY23, at an operating margin of 28.0%. Revenue moved up 36.1% 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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