WOIL501(c)(7) · MEDIUMNAICS 713910EIN 54-0628761

Willow Oaks Country Club Inc

Richmond, VA · founded 1959
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$11.06M
▲ 10.2% YoY
FY23 Total Expenses
$10.40M
▲ 6.6% YoY
Operating Margin
6.0%
revenue minus expenses ÷ revenue
Employees
312
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$11.1M
▲ 30.7% / 5y
8.58.29.910.011.1
Expenses
$10.4M
▲ 24.6% / 5y
8.37.88.69.810.4
Total Assets
$16.3M
▲ 17.6% / 5y
13.915.014.815.916.3
Total Liabilities
$9.3M
▲ 29.1% / 5y
7.28.29.59.79.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$8.5M$8.2M$9.9M$10.0M$11.1M+30.7%
Expenses$8.3M$7.8M$8.6M$9.8M$10.4M+24.6%
Net surplus$117K$368K$1.3M$286K$660K+464.2%
Total assets$13.9M$15.0M$14.8M$15.9M$16.3M+17.6%
Total liabilities$7.2M$8.2M$9.5M$9.7M$9.3M+29.1%
Net assets$6.7M$6.8M$5.3M$6.2M$7.0M+5.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
CHRISTOPHER WELLES
General Manager· 40h/wk
$262,403$6,191

+ 15 unpaid officers/directors as reported (AMBER HILL, ASHLEIGH MCDERMOTT, ASHLEY GALLIENNE, +12 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 & ASSESSMENTS$7,698,420
GOLF OPERATIONS$1,364,396
TENNIS INCOME$309,033
FITNESS CENTER$243,745
YOUTH ACTIVITIES$80,669

WFounded in 1959, Willow Oaks Country Club Inc reported $11.06M of revenue for FY23, at an operating margin of 6.0%. Revenue moved up 10.2% 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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