The Riviera Club
- Assets
- $5.9m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 228
- Location
- Indianapolis, IN
- Founding
- 06/1954
- Data as of
- 12/2021
- EIN
- 35-0616960
Organization Overview
The Riviera Club is located in Indianapolis, IN. The organization was established in 1954. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Riviera Club employed 228 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riviera Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Riviera Club generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $2.6m during the year ending 12/2021. While expenses have increased by 7.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SOCIAL AND RECREATIONAL BENEFITS TO ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED COMMUNITY INVOLVEMENT AND CONNECTION THROUGH VARIOUS SOCIAL FUNCTIONS AND PROGRAMS FOR MEMBERS, INCLUDING BUT NOT LIMITED TO SWIMMING, TENNIS, FITNESS, PICKLEBALL, AND CAMPS FOR CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Moody Jr General Mana | $119,182 | ||
Richard Griffith President | OfficerTrustee | $0 | |
Barb Fasbinder Vice Preside | OfficerTrustee | $0 | |
Dave Hmurovich Treasurer | OfficerTrustee | $0 | |
Katie Langois Secretary | OfficerTrustee | $0 | |
Doug Ranger Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $49,923 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,923 |
| Total Program Service Revenue | $3,125,484 |
| Investment income | $67 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$72,619 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,444,237 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,083,469 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,178 |
| Payroll taxes | $132,590 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,200 |
| Fees for services: Accounting | $42,421 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $104,347 |
| Advertising and promotion | $19,687 |
| Office expenses | $201,920 |
| Information technology | $70,863 |
| Royalties | $0 |
| Occupancy | $572,072 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $53,374 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $174,783 |
| Insurance | $100,195 |
| All other expenses | $0 |
| Total functional expenses | $2,598,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $760,339 |
| Savings and temporary cash investments | $52,191 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $25,357 |
| Prepaid expenses and deferred charges | $14,993 |
| Net Land, buildings, and equipment | $5,065,701 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,918,581 |
| Accounts payable and accrued expenses | $77,363 |
| Grants payable | $0 |
| Deferred revenue | $3,160 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,253,464 |
| Unsecured mortgages and notes payable | $177,162 |
| Other liabilities | $0 |
| Total liabilities | $1,511,149 |
| Net assets without donor restrictions | $4,407,432 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,918,581 |
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|---|---|---|
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Alpha Chi Omega National Housing Corporation Indianapolis, IN | $68,106,791 | $16,027,721 |
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Big Spring Country Club Inc Louisville, KY | $27,849,226 | $12,028,840 |
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St Louis Country Club Saint Louis, MO | $23,333,122 | $12,315,220 |
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