Ridgeway Country Club Inc
- Assets
- $2.6m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 69
- Location
- Neenah, WI
- Founding
- 10/1948
- Data as of
- 12/2022
- EIN
- 39-0765993
Organization Overview
Ridgeway Country Club Inc is located in Neenah, WI. The organization was established in 1948. 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 12/2022, Ridgeway Country Club Inc employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ridgeway Country Club Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Ridgeway Country Club Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 2.9% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE RECREATIONAL ACTIVITIES FOR MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLUBHOUSE SERVICES
GREENS & GROUNDS
PRO SHOP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Thomsen President | Officer | 1 | $0 |
Eric Brunner Secretary | Officer | 1 | $0 |
Terry Macdonald Vice President | Officer | 1 | $0 |
Jeff Tyczkowski Treasurer | Officer | 1 | $0 |
Scot Grishaber Director | Trustee | 1 | $0 |
James Vanvonderen Director | Trustee | 1 | $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 | $687,649 |
| Investment income | $797 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,815 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$194,591 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,409,662 |
| 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 | $300,306 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,723 |
| Payroll taxes | $23,640 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,259 |
| Advertising and promotion | $13,332 |
| Office expenses | $519 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,863 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $53,596 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $154,919 |
| Insurance | $39,737 |
| All other expenses | $228,023 |
| Total functional expenses | $1,197,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $424,156 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $402,222 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $80,756 |
| Prepaid expenses and deferred charges | $4,543 |
| Net Land, buildings, and equipment | $1,682,562 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,594,239 |
| Accounts payable and accrued expenses | $248,672 |
| Grants payable | $0 |
| Deferred revenue | $406,270 |
| 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 | $1,287,757 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,942,699 |
| Net assets without donor restrictions | $0 |
| 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 | $718,070 |
| Retained earnings, endowment, accumulated income, or other funds | -$66,530 |
| Total liabilities and net assets/fund balances | $2,594,239 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union League Club Of Chicago Chicago, IL | $26,749,429 | $20,158,030 |
Butterfield Country Club Oak Brook, IL | $37,524,568 | $14,281,799 |
University Club Of Chicago Chicago, IL | $40,558,650 | $14,990,991 |
Westmoreland Country Club Wilmette, IL | $31,536,434 | $12,960,463 |
Skokie Country Club Glencoe, IL | $25,480,990 | $12,823,319 |
Franklin Hills Country Club Franklin, MI | $14,923,818 | $10,135,789 |
Northmoor Country Club Highland Park, IL | $11,897,440 | $11,149,941 |
Lake Shore Country Club Glencoe, IL | $23,861,178 | $9,263,473 |
Sunset Ridge Country Club Northfield, IL | $17,255,295 | $10,252,845 |
Womans Athletic Club Of Chicago Chicago, IL | $20,940,207 | $10,056,294 |
Country Club Of Detroit Grosse Pointe Farms, MI | $27,254,127 | $11,579,679 |
Saddle And Cycle Club Chicago, IL | $18,719,065 | $9,773,306 |