| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $11.1M | $11.1M | $12.1M | $13.5M | $15.2M | +36.5% |
| Expenses | $11.1M | $10.7M | $11.9M | $13.0M | $13.1M | +17.9% |
| Net surplus | $43K | $414K | $213K | $543K | $2.1M | +4856.0% |
| Total assets | $16.8M | $16.8M | $19.1M | $22.9M | $26.3M | +56.5% |
| Total liabilities | $11.9M | $11.8M | $12.0M | $12.4M | $12.8M | +7.6% |
| Net assets | $4.9M | $5.0M | $7.1M | $10.5M | $13.5M | +174.5% |
| 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)
| Vendor | Service | Paid |
|---|---|---|
HannBuilders MONTGOMERY, TX | CONSTRUCTION | $2,011,262 |
LAWN MANAGEMENT COMPANY INC HOUSTON, TX | Golf Course Care | $623,183 |
Jacob White Construction Co FRIENDSWOOD, TX | CONSTRUCTION | $573,867 |
Prestige Temp Staffing LLC KATY, TX | Staffing Services | $422,729 |
Lonestar Electric Supply HOUSTON, TX | ELECTRICAL | $168,112 |
| 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 |
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.