RIOM501(c)(7) · MEDIUMNAICS 713910EIN 59-0422995

Riomar Country Club

Vero Beach, FL · founded 1992
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$6.35M
▲ 15.9% YoY
FY23 Total Expenses
$7.95M
▲ 19.1% YoY
Operating Margin
-25.2%
revenue minus expenses ÷ revenue
Employees
109
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$6.3M
▲ 112.3% / 5y
3.05.15.15.56.3
Expenses
$7.9M
▲ 60.9% / 5y
4.95.95.96.77.9
Total Assets
$20.0M
▲ 51.0% / 5y
13.215.015.020.820.0
Total Liabilities
$5.5M
▲ 114.4% / 5y
2.62.62.66.85.5

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$3.0M$5.1M$5.1M$5.5M$6.3M+112.3%
Expenses$4.9M$5.9M$5.9M$6.7M$7.9M+60.9%
Net surplus-$1.9M-$801K-$801K-$1.2M-$1.6M-17.9%
Total assets$13.2M$15.0M$15.0M$20.8M$20.0M+51.0%
Total liabilities$2.6M$2.6M$2.6M$6.8M$5.5M+114.4%
Net assets$10.7M$12.3M$12.3M$14.0M$14.5M+35.6%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
DREW DISESA
Director of Golf· 40h/wk
$245,209$17,088
BROOKE RADCLIFFE
General Manager· 40h/wk
$237,237$4,503
DENNIS CROUMIE
Golf Course Superintendent· 40h/wk
$185,116$18,614
ANDREW MILAS
Executive Chef· 40h/wk
$164,346$4,995

+ 9 unpaid officers/directors as reported (DOUGLAS K WATSON, LAURA G MCDERMOTT, MICHAEL J HERLING, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
JIMMY'S TREE SERVICE INC
VERO BEACH, FL
TREE MAINTENANCE$113,343

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP DUES$4,053,296
GOLF CART RENTALS & STORAGE$398,925
GREENS AND RANGE FEES$296,973
OTHER REVENUE$182,414

RFounded in 1992, Riomar Country Club reported $6.35M of revenue for FY23, at an operating margin of -25.2%. Revenue moved up 15.9% 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)
+ 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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