ROIV501(c)(7) · MEDIUMNAICS 713910EIN 74-0865200

River Oaks Country Club

Houston, TX · founded 1938
12 filings on recordFY 20112022medium confidence
FY22 Total Revenue
$30.90M
▲ 4.9% YoY
FY22 Total Expenses
$35.68M
▲ 14.0% YoY
Operating Margin
-15.5%
revenue minus expenses ÷ revenue
Employees
566
headcount as reported on filing

The Five-Year Picture

FY2018 — FY2022 · as filed
Revenue
$30.9M
▼ 8.4% / 5y
33.729.422.529.530.9
Expenses
$35.7M
▲ 10.3% / 5y
32.332.629.431.335.7
Total Assets
$94.4M
▲ 48.4% / 5y
63.676.870.673.694.4
Total Liabilities
$30.8M
▲ 119.4% / 5y
14.017.813.411.830.8

Year-on-year detail

from IRS Form 990
LineFY18FY19FY20FY21FY22Δ total
Revenue$33.7M$29.4M$22.5M$29.5M$30.9M-8.4%
Expenses$32.3M$32.6M$29.4M$31.3M$35.7M+10.3%
Net surplus$1.4M-$3.1M-$6.9M-$1.8M-$4.8M-444.5%
Total assets$63.6M$76.8M$70.6M$73.6M$94.4M+48.4%
Total liabilities$14.0M$17.8M$13.4M$11.8M$30.8M+119.4%
Net assets$49.6M$59.0M$57.2M$61.8M$63.6M+28.2%

Officer & staff compensation

FY22 · from IRS Form 990
Officer · EmployeeReportableOther
MATTHEW SWARTS
Director of Golf· 50h/wk
$593,245$42,911
CJ BENDY JR
COO/GENERAL MANAGER· 60h/wk
$538,925$62,911
CHARLES M CARROLL
Executive Chef· 50h/wk
$341,317$59,427
CHRISTOPHER GALE
Director of Racquets· 50h/wk
$289,188$36,405
MORRIS JOHNSON
FORMER GOLF COURSE SUPERINTENDENT· 0h/wk
$232,655
BENJAMIN W PECK
Chief Financial Officer· 50h/wk
$212,351$32,848
DAVID ROBERTSON
Golf Course Superintendent· 50h/wk
$150,173$12,405

+ 13 unpaid officers/directors as reported (ANDY GRISEBAUM, BILL PUGH, CYNTHIA ADKINS, +10 more)

Top contractors

FY22 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY22 · dues, greens fees, dining, and other sources
Line itemAmount
MEMBER DUES & ASSESSMENTS$13,363,491
TENNIS, SWIMMING AND GOLF$3,985,042
FITNESS/LOCKER ROOM$1,984,599
MISCELLANEOUS INCOME$298,477

RFounded in 1938, River Oaks Country Club reported $30.90M of revenue for FY22, at an operating margin of -15.5%. Revenue moved up 4.9% 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, 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)
Form 990, FY2020 · period ending Thu Dec 31 2020 00:00:00 GMT+0000 (Coordinated Universal Time)
+ 9 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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