Riverside Golf Club
- Assets
- $7.9m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 188
- Location
- North Riverside, IL
- Founding
- 06/1941
- Data as of
- 03/2022
- EIN
- 36-1690350
Organization Overview
Riverside Golf Club is located in North Riverside, IL. The organization was established in 1941. 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 03/2022, Riverside Golf Club employed 188 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverside Golf Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 03/2022, Riverside Golf Club generated $4.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $3.6m during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF AN EIGHTEEN HOLE GOLF COURSE, RESTAURANT AND OTHER RECREATIONAL FACILITIES FOR THE ENJOYMENT AND SOCIAL BENEFIT OF THE CLUB'S MEMBERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD AND BEVERAGE SERVICES, CLUBHOUSE FACILITIES, GOLF PROGRAMS AND OTHER RECREATIONAL ACTIVITIES SUCH AS SWIMMING AVAILABLE TO ITS MEMBERSHIP.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karl Bollnow Golf Professional | 40 | $143,370 | |
Thomas Mchugh General Manager | 40 | $138,000 | |
Corey Kuhl Grounds Superintendent | 40 | $135,323 | |
Robert Kmetz Controller | 40 | $104,246 | |
Carolyn Burke Sec/treasurer | OfficerTrustee | 3 | $0 |
Jay Dalicandro President | OfficerTrustee | 6 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,148,687 |
| Investment income | $5,130 |
| 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 | $238,581 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,432,914 |
| 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. | $463,626 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $637,977 |
| Pension plan accruals and contributions | $2,540 |
| Other employee benefits | $68,067 |
| Payroll taxes | $134,031 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,112 |
| Fees for services: Accounting | $23,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,813 |
| Advertising and promotion | $1,947 |
| Office expenses | $112,859 |
| Information technology | $64,522 |
| Royalties | $0 |
| Occupancy | $403,234 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,299 |
| Interest | $66,804 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $648,593 |
| Insurance | $108,713 |
| All other expenses | $123,274 |
| Total functional expenses | $3,624,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,359,804 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $268,337 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $151,458 |
| Prepaid expenses and deferred charges | $207,225 |
| Net Land, buildings, and equipment | $5,910,588 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,897,412 |
| Accounts payable and accrued expenses | $475,026 |
| Grants payable | $0 |
| Deferred revenue | $678,200 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $226,078 |
| Total liabilities | $1,379,304 |
| Net assets without donor restrictions | $6,518,108 |
| 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 | $7,897,412 |
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Big Spring Country Club Inc Louisville, KY | $27,849,226 | $12,028,840 |
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