RIDG501(c)(7) · MEDIUMNAICS 713910EIN 41-0503560

Ridgeview Country Club Inc

Duluth, MN · founded 1926
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$2.26M
▲ 16.7% YoY
FY23 Total Expenses
$2.10M
▲ 17.2% YoY
Operating Margin
7.3%
revenue minus expenses ÷ revenue
Employees
77
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$2.3M
▲ 58.3% / 5y
1.41.51.91.92.3
Expenses
$2.1M
▲ 41.8% / 5y
1.51.61.81.82.1
Total Assets
$4.5M
▲ 57.8% / 5y
2.92.94.34.34.5
Total Liabilities
$2.2M
▲ 52.5% / 5y
1.51.42.22.22.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.4M$1.5M$1.9M$1.9M$2.3M+58.3%
Expenses$1.5M$1.6M$1.8M$1.8M$2.1M+41.8%
Net surplus-$51K-$77K$149K$149K$164K-423.2%
Total assets$2.9M$2.9M$4.3M$4.3M$4.5M+57.8%
Total liabilities$1.5M$1.4M$2.2M$2.2M$2.2M+52.5%
Net assets$1.4M$1.4M$2.1M$2.1M$2.3M+63.3%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 15 unpaid officers/directors as reported (BRIAN HREN, CHRIS THEIS, DAVE PURDY, +12 more)

All 15 listed officers reported $0 compensation — volunteer board.

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
DUES & INITIATION FEES$1,224,397
NON-MEMBER SALES$220,022
MEMBER CART FEES$208,278
TOURNAMENT & LEAGUE FEES$59,981
GREENS FEES$54,537

RFounded in 1926, Ridgeview Country Club Inc reported $2.26M of revenue for FY23, at an operating margin of 7.3%. Revenue moved up 16.7% 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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