RIVE501(c)(7) · MEDIUMNAICS 713910EIN 85-0085980

Riverside Country Club

Carlsbad, NM · founded 1949
13 filings on recordFY 20112023medium confidence
FY23 Total Revenue
$1.94M
▲ 40.8% YoY
FY23 Total Expenses
$1.75M
▲ 48.9% YoY
Operating Margin
9.6%
revenue minus expenses ÷ revenue
Employees
64
headcount as reported on filing

The Five-Year Picture

FY2019 — FY2023 · as filed
Revenue
$1.9M
▲ 11.3% / 5y
1.71.81.41.41.9
Expenses
$1.8M
▲ 7.2% / 5y
1.61.51.31.21.8
Total Assets
$4.6M
▲ 130.9% / 5y
2.02.22.62.94.6
Total Liabilities
$1.8M
▲ 972.3% / 5y
16370961941.8

Year-on-year detail

from IRS Form 990
LineFY19FY20FY21FY22FY23Δ total
Revenue$1.7M$1.8M$1.4M$1.4M$1.9M+11.3%
Expenses$1.6M$1.5M$1.3M$1.2M$1.8M+7.2%
Net surplus$106K$330K$20K$200K$185K+75.0%
Total assets$2.0M$2.2M$2.6M$2.9M$4.6M+130.9%
Total liabilities$163K$70K$96K$194K$1.8M+972.3%
Net assets$1.8M$2.2M$2.5M$2.7M$2.9M+56.0%

Officer & staff compensation

FY23 · from IRS Form 990
Officer · EmployeeReportableOther

+ 9 unpaid officers/directors as reported (AMIT BHAKTA, ANTHONY FOREMAN, BRANDON SHEILDS, +6 more)

All 9 listed officers reported $0 compensation — volunteer board.

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$893,764
GOLF INCOME$226,220

RFounded in 1949, Riverside Country Club reported $1.94M of revenue for FY23, at an operating margin of 9.6%. Revenue moved up 40.8% 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 Tue Oct 31 2023 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2022 · period ending Mon Oct 31 2022 00:00:00 GMT+0000 (Coordinated Universal Time)
Form 990, FY2021 · period ending Sun Oct 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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