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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

ROHO501(c)(7) · MEDIUMNAICS 713910EIN 61-1419562

Royal Oaks Country Club Houston Inc

Houston, TX · founded 2005

14 filings on recordFY 2010–2023medium confidence

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FY23 Total Revenue

$15.18M

▲ 12.4% YoY

FY23 Total Expenses

$13.06M

▲ 0.8% YoY

Operating Margin

14.0%

revenue minus expenses ÷ revenue

Employees

265

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$15.2M

▲ 36.5% / 5y

Expenses

$13.1M

▲ 17.9% / 5y

Total Assets

$26.3M

▲ 56.5% / 5y

Total Liabilities

$12.8M

▲ 7.6% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$11.1M	$12.1M	$12.1M	$13.5M	$15.2M	+36.5%
Expenses	$11.1M	$11.9M	$11.9M	$13.0M	$13.1M	+17.9%
Net surplus	$43K	$213K	$213K	$543K	$2.1M	+4856.0%
Total assets	$16.8M	$19.1M	$19.1M	$22.9M	$26.3M	+56.5%
Total liabilities	$11.9M	$12.0M	$12.0M	$12.4M	$12.8M	+7.6%
Net assets	$4.9M	$7.1M	$7.1M	$10.5M	$13.5M	+174.5%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
DAVID ALTEMUS GENERAL MANAGER/COO· 40h/wk	$324,254	$35,221
DEREK HOOPER DIRECTOR OF INSTRUCTION· 40h/wk	$205,421	$21,285
PETER FARRELL Director of Racquets· 40h/wk	$171,724	$14,684
RYAN MILLER Head Golf Professional· 40h/wk	$163,484	$15,000
Olivier Burgos Executive Chef· 40h/wk	$155,896	$13,035
CODY ALEXANDER Golf Course Superintendent· 40h/wk	$152,802	$12,539
John Connor Chief Financial Officer· 40h/wk	$121,094	—

+ 9 unpaid officers/directors as reported (Allison Zuber, DENNIS WHALEN, David Trout, +6 more)

Top contractors

FY23 · vendors paid $100k+ as reported

Vendor	Service	Paid
HannBuilders MONTGOMERY, TX	Construction & renovation	$2,011,262
Lawn Management Company Inc HOUSTON, TX	Management services	$623,183
Jacob White Construction Co FRIENDSWOOD, TX	Construction & renovation	$573,867
Prestige Temp Staffing LLC KATY, TX	Security & staffing	$422,729
Lonestar Electric Supply HOUSTON, TX	ELECTRICAL	$168,112

Revenue by activity

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

Line item	Amount
MEMBERSHIP DUES	$8,361,745
GOLF OPERATIONS	$2,822,526
SPORTS CLUB ACTIVITIES	$438,277
TENNIS OPERATIONS	$333,602
SPA SERVICES/FITNESS ACTIVITIES	$56,176

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$4.4M

▲ $211K new borrowing

Net land, buildings & equipment

$16.8M

book value, net of depreciation

Facility age

59%

accumulated depreciation ÷ cost — higher = older plant

Tax-exempt bond liabilities

end of year

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

Management fees	$0
Insurance	$339,864
Occupancy	$1,201,976
Depreciation & depletion	$1,418,998
Information technology	$119,869
Advertising & promotion	$317,693
Office expenses	$548,958
Legal fees	$0
Accounting fees	$84,221
Other professional fees	$290,433

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

ROYAL OAKS COUNTRY CLUB HOUSTON RETIREMENT SAVINGS PLAN

pension · 151 participants · $3.0M assets · FY2024

ROYAL OAKS COUNTRY CLUB HOUSTON, INC. LIFE PLAN

welfare · 121 participants · FY2024

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.

RFounded in 2005, Royal Oaks Country Club Houston Inc reported $15.18M of revenue for FY23, at an operating margin of 14.0%. Revenue moved up 12.4% 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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