RICH501(c)(7) · MEDIUMNAICS 713910EIN 54-0645383
Richmond Country Club Inc
Manakin Sabot, VA · founded 1959
14 filings on recordFY 2010–2023medium confidence
Compare to peers →FY23 Total Revenue
$4.79M
▲ 13.3% YoY
FY23 Total Expenses
$4.33M
▲ 1.3% YoY
Operating Margin
9.7%
revenue minus expenses ÷ revenue
Employees
158
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$4.8M
▲ 44.4% / 5y
Expenses
$4.3M
▲ 22.3% / 5y
Total Assets
$4.7M
▲ 10.9% / 5y
Total Liabilities
$7.3M
▲ 5.5% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.3M | $3.7M | $3.7M | $4.2M | $4.8M | +44.4% |
| Expenses | $3.5M | $3.7M | $3.7M | $4.3M | $4.3M | +22.3% |
| Net surplus | -$222K | -$12K | -$12K | -$41K | $462K | -308.6% |
| Total assets | $4.3M | $4.1M | $4.1M | $5.2M | $4.7M | +10.9% |
| Total liabilities | $6.9M | $7.1M | $7.1M | $8.2M | $7.3M | +5.5% |
| Net assets | -$2.6M | -$3.0M | -$3.0M | -$3.0M | -$2.5M | -3.3% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 12 unpaid officers/directors as reported (CATENA ARMSTRONG, FRANCIS TERMINELLA, GREG TRIPP, +9 more)
All 12 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 item | Amount |
|---|---|
| MEMBERSHIP DUES | $3,262,669 |
| GOLF FEES | $576,574 |
| ACTIVITY FEES | $98,657 |
| OTHER | $26,275 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$5.2M
▼ $927K paid down
Net land, buildings & equipment
$3.1M
book value, net of depreciation
Facility age
76%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $85,099 |
| Depreciation & depletion | $421,932 |
| Other professional fees | $132,844 |
RFounded in 1959, Richmond Country Club Inc reported $4.79M of revenue for FY23, at an operating margin of 9.7%. Revenue moved up 13.3% 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
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