RIVE501(c)(7) · MEDIUMNAICS 713910EIN 93-0266117
Riverside Golf & Country Club
Portland, OR · founded 1937
13 filings on recordFY 2011–2023medium confidence
Compare to peers →FY23 Total Revenue
$4.23M
▲ 11.0% YoY
FY23 Total Expenses
$4.10M
▲ 2.2% YoY
Operating Margin
3.1%
revenue minus expenses ÷ revenue
Employees
95
headcount as reported on filing
The Five-Year Picture
FY2019 — FY2023 · as filed
Revenue
$4.2M
▲ 14.6% / 5y
Expenses
$4.1M
▲ 1.6% / 5y
Total Assets
$2.8M
▼ 8.3% / 5y
Total Liabilities
$2.0M
▼ 31.0% / 5y
Year-on-year detail
from IRS Form 990
| Line | FY19 | FY20 | FY21 | FY22 | FY23 | Δ total |
|---|---|---|---|---|---|---|
| Revenue | $3.7M | $3.2M | $3.5M | $3.8M | $4.2M | +14.6% |
| Expenses | $4.0M | $3.2M | $2.8M | $4.0M | $4.1M | +1.6% |
| Net surplus | -$344K | $34K | $699K | -$198K | $131K | -138.1% |
| Total assets | $3.0M | $2.6M | $2.9M | $2.6M | $2.8M | -8.3% |
| Total liabilities | $3.0M | $2.5M | $2.1M | $2.0M | $2.0M | -31.0% |
| Net assets | $46K | $79K | $778K | $580K | $711K | +1457.3% |
Officer & staff compensation
FY23 · from IRS Form 990
| Officer · Employee | Reportable | Other |
|---|
+ 10 unpaid officers/directors as reported (ANDY SWANSON, BRIAN JOLLY, CATHY PERRY, +7 more)
All 10 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 item | Amount |
|---|---|
| MEMBERSHIP DUES AND ASSESSMENTS | $2,779,194 |
| GREENS FEES | $299,800 |
| RENTALS/RANGE BALLS/CARTS | $277,720 |
| LOCKER ROOM RENTAL FEES | $32,142 |
| SWIMMING POOL | $10,793 |
Balance sheet & capital
FY23 · IRS Form 990, Part X
Mortgages & notes payable
$1.3M
▼ $290K paid down
Net land, buildings & equipment
$1.4M
book value, net of depreciation
Facility age
88%
accumulated depreciation ÷ cost — higher = older plant
Debt over time
Operating expenses
FY23 · Form 990, Part IX
| Insurance | $60,014 |
| Depreciation & depletion | $394,207 |
| Advertising & promotion | $11,822 |
| Other professional fees | $79,375 |
Retirement & benefit plans
DOL Form 5500 · plan sponsors
RIVERSIDE GOLF AND COUNTRY CLU 401(K) PROFIT SHARING PLAN & TRUST
pension · 40 participants · $75K assets · FY2024
RFounded in 1937, Riverside Golf & Country Club reported $4.23M of revenue for FY23, at an operating margin of 3.1%. Revenue moved up 11.0% 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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