ERAS501(c)(7) · MEDIUMNAICS 713910EIN 72-0488539

East Ridge Country Club

Shreveport, LA · founded 1957
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$11.13M
▲ 15.4% YoY
FY23 Total Expenses
$9.25M
▲ 8.7% YoY
Operating Margin
16.9%
revenue minus expenses ÷ revenue
Employees
338
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$11.1M
▲ 55.3% / 5y
7.29.99.99.611.1
Expenses
$9.2M
▲ 34.0% / 5y
6.97.77.78.59.2
Total Assets
$14.1M
▲ 69.7% / 5y
8.312.212.212.714.1
Total Liabilities
$6.3M
▲ 10.0% / 5y
5.87.67.66.96.3

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$7.2M$9.9M$9.9M$9.6M$11.1M+55.3%
Expenses$6.9M$7.7M$7.7M$8.5M$9.2M+34.0%
Net surplus$264K$2.2M$2.2M$1.1M$1.9M+611.9%
Total assets$8.3M$12.2M$12.2M$12.7M$14.1M+69.7%
Total liabilities$5.8M$7.6M$7.6M$6.9M$6.3M+10.0%
Net assets$2.5M$4.7M$4.7M$5.8M$7.7M+205.2%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
CHAD DARBY
DIRECTOR OF INSTRUCTION - 265 ACADEMY· 40h/wk
$217,819
GRADY WILSON
GENERAL MANAGER - PIERREMONT OAKS· 40h/wk
$211,959
CLIFFTON BAILEY
Director of Golf· 40h/wk
$195,130
LORI BRYAN
GENERAL MANAGER - EAST RIDGE CC· 40h/wk
$160,754
RICHARD ROGERS
GENERAL MANAGER - EAST RIDGE CC· 40h/wk
$140,542
HASSAN ABBAS
ASSISTANT DIRECTOR OF TENNIS· 40h/wk
$119,776

+ 11 unpaid officers/directors as reported (ADAM BREWER, DANIEL SMITH, GARY SHARP, +8 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBERSHIP$6,880,652
GOLF INCOME$836,017
SPECIAL EVENTS$97,785
LOCKER INCOME$27,740
TENNIS INCOME$9,768

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$4.2M
$1.0M paid down
Net land, buildings & equipment
$10.4M
book value, net of depreciation
Facility age
46%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$1.5M$3.0M$4.5M$6.0MFY20 · $6.0MFY20FY21 · $6.0MFY21FY22 · $5.2MFY22FY23 · $4.2MFY23

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$315,247
Depreciation & depletion$592,405
Accounting fees$82,100

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
EAST RIDGE COUNTRY CLUB 401(K) PLAN
pension · 20 participants · $636K assets · 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.

EFounded in 1957, East Ridge Country Club reported $11.13M of revenue for FY23, at an operating margin of 16.9%. Revenue moved up 15.4% 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)
+ 10 more · via ProPublica
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IRS FORM 990
PART VII · NAMED OFFICERS
PART IX · COMPENSATION
SCHEDULE · INITIATION FEES
PUBLIC RECORD
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