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Data from public IRS Form 990 · ProPublica Nonprofit Explorer

LOCH501(c)(7) · MEDIUMNAICS 713910EIN 74-1984491

Lochinvar Golf Club

Houston, TX · founded 1979

13 filings on recordFY 2011–2023medium confidence

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FY23 Total Revenue

$6.35M

▲ 5.8% YoY

FY23 Total Expenses

$7.30M

▲ 6.0% YoY

Operating Margin

-15.0%

revenue minus expenses ÷ revenue

Employees

headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed

Revenue

$6.3M

▲ 2.9% / 5y

Expenses

$7.3M

▲ 15.8% / 5y

Total Assets

$14.5M

▲ 35.9% / 5y

Total Liabilities

$2.0M

▲ 32.8% / 5y

Year-on-year detail

from IRS Form 990

Line	FY19	FY20	FY21	FY22	FY23	Δ total
Revenue	$6.2M	$5.7M	$5.7M	$6.0M	$6.3M	+2.9%
Expenses	$6.3M	$5.7M	$5.7M	$6.9M	$7.3M	+15.8%
Net surplus	-$138K	-$34K	-$34K	-$885K	-$955K	+593.2%
Total assets	$10.7M	$12.3M	$12.3M	$12.8M	$14.5M	+35.9%
Total liabilities	$1.5M	$485K	$485K	$618K	$2.0M	+32.8%
Net assets	$9.2M	$11.8M	$11.8M	$12.1M	$12.5M	+36.5%

Officer & staff compensation

FY23 · from IRS Form 990

Officer · Employee	Reportable	Other
RODNEY HOUSTON General Manager· 50h/wk	$233,727	$5,641
KEVIN COOPER Golf Course Superintendent· 50h/wk	$214,898	$5,205
JENNIFER JONES Chief Financial Officer· 50h/wk	$139,461	$5,461
Garrison Nordt Head Golf Professional· 50h/wk	$105,221	$3,730
Brian Miner Executive Chef· 50h/wk	$102,079	—
Greg McCall Head Mechanic· 50h/wk	$101,961	$1,560

+ 7 unpaid officers/directors as reported (Chad Meacham, Eric Mullins, JAMES WU, +4 more)

Top contractors

FY23 · vendors paid $100k+ as reported

No contractors reported.

Revenue by activity

FY23 · dues, greens fees, dining, and other sources

Line item	Amount
MEMBER DUES	$4,331,013
GUEST FEES	$928,318
TOURNAMENT REVENUE	$229,325
OTHER REVENUE	$26,900

Balance sheet & capital

FY23 · IRS Form 990, Part X

Mortgages & notes payable

$1.3M

▲ $1.3M new borrowing

Net land, buildings & equipment

$9.9M

book value, net of depreciation

Facility age

66%

accumulated depreciation ÷ cost — higher = older plant

Tax-exempt bond liabilities

end of year

Debt over time

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

Professionally managedFY23 · Form 990, Part IX

Management fees	$99,041
Insurance	$174,027
Occupancy	$684,798
Depreciation & depletion	$966,218
Information technology	$0
Advertising & promotion	$0
Office expenses	$191,228
Legal fees	$3,885
Accounting fees	$24,975
Other professional fees	$0

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

LOCHINVAR GOLF CLUB, INC. SAFE HARBOR 401(K) P/S

pension · 59 participants · $2.9M 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.

LFounded in 1979, Lochinvar Golf Club reported $6.35M of revenue for FY23, at an operating margin of -15.0%. Revenue moved up 5.8% 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 Thu Aug 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2022 · period ending Wed Aug 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

▸ Form 990, FY2021 · period ending Tue Aug 31 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

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