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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

NROR501(c)(7) · MEDIUMNAICS 713910EIN 56-0897144

North Ridge Country Club Inc

Raleigh, NC · founded 1980

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$19.28M

▲ 25.6% YoY

FY23 Total Expenses

$17.54M

▲ 23.6% YoY

Operating Margin

9.0%

revenue minus expenses ÷ revenue

Employees

412

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$19.3M

▲ 39.9% / 5y

Expenses

$17.5M

▲ 40.3% / 5y

Total Assets

$29.8M

▲ 57.4% / 5y

Total Liabilities

$9.0M

▲ 236.3% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$13.8M	$13.2M	$13.2M	$15.4M	$19.3M	+39.9%
Expenses	$12.5M	$11.9M	$11.9M	$14.2M	$17.5M	+40.3%
Net surplus	$1.3M	$1.3M	$1.3M	$1.2M	$1.7M	+35.6%
Total assets	$19.0M	$21.8M	$21.8M	$28.2M	$29.8M	+57.4%
Total liabilities	$2.7M	$4.1M	$4.1M	$9.2M	$9.0M	+236.3%
Net assets	$16.3M	$17.6M	$17.6M	$19.1M	$20.9M	+28.1%

Officer & staff compensation

FY23 · from IRS Form 990

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)

Top contractors

FY23 · vendors paid $100k+ as reported

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 & renovation	$214,189
Nema Management CARY, NC	DESIGN AND CONSTRUCITON	$174,013
National Water Technologies RALEIGH, NC	WATER LOOP REPAIR AND REPLACEMENT	$168,534

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

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

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$5.8M

▲ $87K new borrowing

Net land, buildings & equipment

$21.8M

book value, net of depreciation

Facility age

57%

accumulated depreciation ÷ cost — higher = older plant

Debt over time

Mortgages & notes payable is the club’s reported long-term debt. A year-over-year rise typically signals a capital project being financed; a fall signals deleveraging. A dash marks a line the filing did not report — not a zero.

Operating expenses

FY23 · Form 990, Part IX

Insurance	$133,293
Occupancy	$831,727
Depreciation & depletion	$1,651,332
Information technology	$60,858
Advertising & promotion	$3,943
Office expenses	$38,574
Legal fees	$21,902
Accounting fees	$139,982
Other professional fees	$450,633

Selected functional-expense lines as itemized on Form 990, Part IX. A reported management-fee line indicates the club pays an outside management company. Lines the filing left blank are omitted.

Retirement & benefit plans

DOL Form 5500 · plan sponsors

NORTH RIDGE COUNTRY CLUB 401(K) EMPLOYEE SAVINGS AND RETIREMENT PLAN

pension · 154 participants · FY2024

NORTH RIDGE COUNTRY CLUB, INC. LIFE AND DISABILITY PLAN

welfare · 121 participants · FY2024

Service provider	Paid
Alerus Retirement Solutions	$13,208

Retirement and welfare plans the club sponsors, from its DOL Form 5500 filing. Listed providers are the recordkeepers, insurers, and advisors paid $5,000 or more (Schedule C) — the incumbent benefits vendors.

Seasonal labor

DOL OFLC · certified H-2B positions

Role	Wage floor (annualized)	Workers	Season
Landscaping and Groundskeeping Workers Raleigh, NC	$39K	16	Apr 2025 → Oct 2025
Amusement and Recreation Attendants Raleigh, NC	$27K	2	Apr 2025 → Oct 2025

Positions the club certified through the U.S. Department of Labor’s H-2B program — an independent, government wage floor for rank-and-file roles the Form 990 never itemizes. Decision-maker contact available to members →

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.

Source documents

▸ Form 990, FY2023 · period ending Sun Dec 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2022 · period ending Sat Dec 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2021 · period ending Fri Dec 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

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