RCIV501(c)(7) · MEDIUMNAICS 713910EIN 75-0525930
River Crest Country Club
Fort Worth, TX · founded 1934
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$8.92M
▲ 13.4% YoY
FY23 Total Expenses
$6.99M
▲ 11.4% YoY
Operating Margin
21.6%
revenue minus expenses ÷ revenue
Employees
351
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$8.9M
▲ 84.3% / 5y
Expenses
$7.0M
▲ 39.4% / 5y
Total Assets
$39.9M
▲ 23.6% / 5y
Total Liabilities
$12.3M
▲ 7.6% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $4.8M | $6.1M | $6.1M | $7.9M | $8.9M | +84.3% |
| Expenses | $5.0M | $5.8M | $5.8M | $6.3M | $7.0M | +39.4% |
| Net surplus | -$175K | $257K | $257K | $1.6M | $1.9M | -1200.1% |
| Total assets | $32.3M | $35.6M | $35.6M | $37.6M | $39.9M | +23.6% |
| Total liabilities | $11.5M | $12.5M | $12.5M | $12.5M | $12.3M | +7.6% |
| Net assets | $20.8M | $23.1M | $23.1M | $25.1M | $27.5M | +32.4% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|---|---|
Eduardo Moreno General Manager· 48h/wk | $599,796 | $63,612 |
Rafael Omana Head Tennis Professional· 48h/wk | $310,416 | $58,865 |
JOSEPH LIVINGSTON GOLF COURSE SUPERINTENDANT· 48h/wk | $307,812 | $56,076 |
Reid Parrish Head Golf Professional· 48h/wk | $295,217 | $47,305 |
Robert Clifton Controller· 48h/wk | $273,706 | $59,844 |
Paul Williams Executive Chef· 48h/wk | $211,238 | $30,634 |
Rachel Leatherwood Member Services Coordinator· 48h/wk | $156,949 | $28,867 |
Debra Elliott Human Resources Director· 48h/wk | $139,542 | $43,007 |
Jessica Anderson Director of Catering & Events· 48h/wk | $131,101 | $36,501 |
Michael S Whiteland Director of Maintenance· 48h/wk | $122,717 | $39,338 |
Mitzi Welch Director of Fitness· 48h/wk | $116,353 | $42,421 |
+ 9 unpaid officers/directors as reported (Bruce Selkirk, David Walters, Laura High, +6 more)
Top contractors
FY23 · vendors paid $100k+ as reported
| Vendor | Service | Paid |
|---|---|---|
| Ben E Keith - DFW FORT WORTH, TX | Food & beverage | $1,246,534 |
| Extreme Staffing Solutions LLC FORT WORTH, TX | Contract Labor | $364,321 |
| Meats by Linz Inc HAMMOND, TX | Food & beverage | $308,218 |
| FreshPoint Dallas Inc DALLAS, TX | Food & beverage | $307,789 |
| Professional Turf Products LP DALLAS, TX | Management services | $300,559 |
Revenue by activity
FY23 · dues, greens fees, dining, and other sources
| Line item | Amount |
|---|---|
| MEMBERSHIP DUES | $12,870,759 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$1.1M
▼ $792K paid down
Net land, buildings & equipment
$22.9M
book value, net of depreciation
Facility age
54%
accumulated depreciation ÷ cost — higher = older plant
Tax-exempt bond liabilities
$0
end of year
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Management fees | $0 |
| Insurance | $719,487 |
| Occupancy | $587,721 |
| Depreciation & depletion | $452,123 |
| Information technology | $149,318 |
| Advertising & promotion | $0 |
| Office expenses | $149,369 |
| Legal fees | $61,959 |
| Accounting fees | $126,231 |
| Other professional fees | $39,979 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
RIVER CREST COUNTRY CLUB WELFARE BENEFITS PLAN
welfare · 141 participants · FY2024
RIVER CREST COUNTRY CLUB RETIREMENT PLAN AND TRUST
pension · 153 participants · $8.9M assets · FY2024
RFounded in 1934, River Crest Country Club reported $8.92M of revenue for FY23, at an operating margin of 21.6%. Revenue moved up 13.4% 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
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