CRED501(c)(7) · MEDIUMNAICS 713910EIN 73-0762248

Cedar Ridge Country Club Inc

Broken Arrow, OK · founded 1969
13 filings on recordFY 20112023medium confidence
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FY23 Total Revenue
$9.84M
▲ 25.7% YoY
FY23 Total Expenses
$8.67M
▲ 23.5% YoY
Operating Margin
11.9%
revenue minus expenses ÷ revenue
Employees
217
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$9.8M
▲ 55.3% / 5y
6.37.57.57.89.8
Expenses
$8.7M
▲ 43.6% / 5y
6.07.07.07.08.7
Total Assets
$17.7M
▲ 27.8% / 5y
13.915.415.415.717.7
Total Liabilities
$6.8M
▲ 12.1% / 5y
6.16.66.66.16.8

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$6.3M$7.5M$7.5M$7.8M$9.8M+55.3%
Expenses$6.0M$7.0M$7.0M$7.0M$8.7M+43.6%
Net surplus$296K$479K$479K$803K$1.2M+293.4%
Total assets$13.9M$15.4M$15.4M$15.7M$17.7M+27.8%
Total liabilities$6.1M$6.6M$6.6M$6.1M$6.8M+12.1%
Net assets$7.8M$8.8M$8.8M$9.6M$10.9M+40.1%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
H CLEVE STUBBLEFIELD
General Manager· 60h/wk
$440,450$10,350
DAVID BRYAN II
Director of Golf· 60h/wk
$158,550$7,120
CHERYL FAIR
Controller· 60h/wk
$139,100$5,630
BLAKE TUDOR
CLUBHOUSE MANAGER· 60h/wk
$124,295$5,150
MEGAN GARLINGTON
Director of Racquets· 60h/wk
$118,525$1,850

+ 12 unpaid officers/directors as reported (BILLY LOWRY, FRANK BILLINGS, GORDON GUEST, +9 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 DUES & ASSESSMENTS$5,691,080
SITE RENTAL FEES$1,100,000
FEES$705,408
INITIATION FEES$420,967

Balance sheet & capital

FY23 · IRS Form 990, Part X
Mortgages & notes payable
$1.9M
$24K paid down
Net land, buildings & equipment
$13.2M
book value, net of depreciation
Facility age
40%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
$0$560K$1.1M$1.7M$2.2MFY20 · $2.2MFY20FY21 · $2.2MFY21FY22 · $2.0MFY22FY23 · $1.9MFY23

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$205,503
Occupancy$432,431
Depreciation & depletion$598,998
Information technology$50,179
Office expenses$355,084
Other professional fees$355,175

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
CEDAR RIDGE COUNTRY CLUB 401(K) PLAN
pension · 76 participants · $729K 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.

CFounded in 1969, Cedar Ridge Country Club Inc reported $9.84M of revenue for FY23, at an operating margin of 11.9%. Revenue moved up 25.7% 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 Sat Sep 30 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Fri Sep 30 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Thu Sep 30 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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