| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $13.8M | $11.6M | $13.2M | $15.4M | $19.3M | +39.9% |
| Expenses | $12.5M | $11.1M | $11.9M | $14.2M | $17.5M | +40.3% |
| Net surplus | $1.3M | $579K | $1.3M | $1.2M | $1.7M | +35.6% |
| Total assets | $19.0M | $19.8M | $21.8M | $28.2M | $29.8M | +57.4% |
| Total liabilities | $2.7M | $3.1M | $4.1M | $9.2M | $9.0M | +236.3% |
| Net assets | $16.3M | $16.7M | $17.6M | $19.1M | $20.9M | +28.1% |
| Officer · Employee | Reportable | Other |
|---|---|---|
JEFF EARLEY GENERAL MANAGER/COO· 60h/wk | $227,812 | $32,700 |
CHARLES SHEFFIELD DIRECTOR OF GOLF COURSE MA· 50h/wk | $209,885 | $5,378 |
SCOTT KIRKLAND Director of Golf· 50h/wk | $193,957 | $5,390 |
RYAN CAVANAUGH Executive Chef· 50h/wk | $179,945 | $23,599 |
CHRISTIAN WELTE TENNIS INSTRUCTOR· 50h/wk | $141,747 | $5,529 |
RYAN WEBB DIRECTOR OF INSTRUCTION· 50h/wk | $133,539 | $8,106 |
ALICE HARPER Assistant General Manager· 50h/wk | $109,537 | $29,336 |
+ 13 unpaid officers/directors as reported (ASHLEY WHITED, CHRIS VANLOKEREN, ELIZABETH HAMILTON, +10 more)
| Vendor | Service | Paid |
|---|---|---|
RANKIN MCKENZIE LLC CARY, NC | FRACTIONAL CFO SERVICES | $308,475 |
JD BEAM RALEIGH, NC | PROFESSIONAL SERVICES REGARDING CONSTRUC | $298,337 |
CHAMBERS BALTIMORE, MD | CONSTRUCTION | $214,189 |
NEMA MANAGEMENT CARY, NC | DESIGN AND CONSTRUCITON | $174,013 |
NATIONAL WATER TECHNOLOGIES RALEIGH, NC | WATER LOOP REPAIR AND REPLACEMENT | $168,534 |
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES & FEES | $11,313,371 |
| INITIATION FEES AND CAPITAL DUES | $2,500,213 |
| GOLF OPERATIONS | $1,513,137 |
| YOUTH ACTIVITIES | $401,071 |
| SWIMMING AND TENNIS OPERATIONS | $270,683 |
NFounded in 1980, North Ridge Country Club Inc reported $19.28M of revenue for FY23, at an operating margin of 9.0%. Revenue moved up 25.6% 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.