RIDG501(c)(7) · MEDIUMNAICS 713910EIN 74-1049861

Ridgewood Country Club

Waco, TX · founded 1951
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$11.16M
▲ 15.3% YoY
FY23 Total Expenses
$9.19M
▲ 2.7% YoY
Operating Margin
17.7%
revenue minus expenses ÷ revenue
Employees
210
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$11.2M
▲ 28.8% / 5y
8.78.29.29.711.2
Expenses
$9.2M
▲ 6.5% / 5y
8.68.29.08.99.2
Total Assets
$16.8M
▲ 62.9% / 5y
10.39.710.111.616.8
Total Liabilities
$8.2M
▲ 70.1% / 5y
4.84.14.35.08.2

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$8.7M$8.2M$9.2M$9.7M$11.2M+28.8%
Expenses$8.6M$8.2M$9.0M$8.9M$9.2M+6.5%
Net surplus$33K$1K$129K$730K$2.0M+5896.3%
Total assets$10.3M$9.7M$10.1M$11.6M$16.8M+62.9%
Total liabilities$4.8M$4.1M$4.3M$5.0M$8.2M+70.1%
Net assets$5.5M$5.6M$5.8M$6.6M$8.6M+56.6%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther
WILLIAM HORTON
General Manager· 50h/wk
$302,544$21,375
JON SNIDER
Golf Course Superintendent· 45h/wk
$187,180$8,113
JAMES CUNNINGHAM
Head Golf Professional· 50h/wk
$166,411$23,351
MICHAEL COWAN
Controller· 45h/wk
$162,872$22,604
TARA TURNER
ASST MANAGER - SALES· 45h/wk
$158,927$15,577
JULIEN CURATELLA
Head Tennis Professional· 45h/wk
$155,052$10,444
DAVID HILL
FITNESS DIRECTOR· 45h/wk
$126,374$15,466

+ 27 unpaid officers/directors as reported (AIMEE WOOD APRIL - DECEMBER, ANDY MCSWAIN APRIL - DECEMBER, ANDY MCSWAIN JANUARY - MARCH, +24 more)

Top contractors

FY23 · vendors paid $100k+ as reported
VendorServicePaid
FLEETWOOD SERVICES
DALLAS, TX
GOLF COURSE CONTRACTOR$2,339,930
TRIPP DAVIS AND ASSOCIATES
NORMAN, OK
GOLF COURSE ARCHITECT$497,411
UNITED HEALTHCARE INSURANCE COMPANY
PALATINE, IL
HEALTH INS PREMIUMS$326,751
MOGOTES CONCRETE INC
FOREST HILL, TX
CART PATH CONSTRUCTION$199,276
CENTECH SECURITY AUDIO & VIDEO
MCGREGOR, TX
CLUBHOUSE A/C INSTALLATION$121,145

Revenue by activity

FY23 · dues, greens fees, dining, and other sources
Line itemAmount
SWIMMING/TENNIS/FITNESS FEES$421,063
CLUB STORAGE/LOCKER RENT$87,838
GOLF CART RENTAL/GREEN FEES$45,888
LATE FEES/ADJUSTMENTS$38,940
REBATES/REIMBURSEMENTS$3,663

RFounded in 1951, Ridgewood Country Club reported $11.16M of revenue for FY23, at an operating margin of 17.7%. Revenue moved up 15.3% 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
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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