Indian Ridge Country Club Inc is located in Palm Desert, CA. The organization was established in 2007. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. As of 09/2022, Indian Ridge Country Club Inc employed 289 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indian Ridge 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 09/2022, Indian Ridge Country Club Inc generated $13.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $12.1m during the year ending 09/2022. While expenses have increased by 0.4% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE AND MAINTAIN A PRIVATE GOLF AND SOCIAL CLUB EXCLUSIVELY FOR THE PLEASURE AND RECREACTION OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB OWNS, OPERATES AND MAINTAINS A 36 HOLE GOLF COURSE EXCLUSIVELY FOR THE PLEASURE AND RECREATION OF ITS MEMBERS, THEIR FAMILY AND GUESTS. OTHER ACTIVITIES OF THE CLUB INCLUDE THE OPERATION OF A SPORTS CLUB, GOLF AND TENNIS PRO SHOPS, AND DINING FACILITIES FOR THE BENEFIT OF THE MEMBERS AND THEIR FAMILY AND GUESTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William H Wade Jr General Manager | Officer | 40 | $429,289 |
Stephen P Seils Golf Course Superintendent | 40 | $197,495 | |
Patricia Macdonell Membership Director | Officer | 40 | $171,915 |
Christopher Alcorn Controller/assistant Gener | Officer | 40 | $164,514 |
James Robinson Director Of Golf | Officer | 40 | $151,758 |
Walt Eskeberg President | OfficerTrustee | 2 | $0 |
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 | $14,088,750 |
Investment income | $14,712 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $127,331 |
Net Gain/Loss on Asset Sales | $72,284 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$2,189,092 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,063,649 |
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 | $4,863,592 |
Pension plan accruals and contributions | $192,816 |
Other employee benefits | $110,282 |
Payroll taxes | $767,790 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,506 |
Fees for services: Accounting | $29,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $54,699 |
Office expenses | $95,018 |
Information technology | $125,375 |
Royalties | $0 |
Occupancy | $0 |
Travel | $2,322 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $6,019 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $976,720 |
Insurance | $1,271,870 |
All other expenses | $564,627 |
Total functional expenses | $12,052,009 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $803,510 |
Savings and temporary cash investments | $7,429,671 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,148,219 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $337,873 |
Prepaid expenses and deferred charges | $220,635 |
Net Land, buildings, and equipment | $19,661,024 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,111,817 |
Total assets | $34,712,749 |
Accounts payable and accrued expenses | $1,071,723 |
Grants payable | $0 |
Deferred revenue | $4,132,298 |
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 | $837,760 |
Total liabilities | $6,041,781 |
Net assets without donor restrictions | $28,670,968 |
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 | $34,712,749 |
Organization Name | Assets | Revenue |
---|---|---|
Blackhawk Country Club Danville, CA | $46,780,436 | $25,821,111 |
Arizona Country Club Inc Ingleside Golf Course Phoenix, AZ | $28,519,514 | $16,170,854 |
Peninsula Golf & Country Club San Mateo, CA | $37,014,286 | $17,194,396 |
Tradition Golf Club La Quinta, CA | $47,453,667 | $16,366,705 |
Indian Ridge Country Club Inc Palm Desert, CA | $34,712,749 | $13,063,649 |
Orinda Country Club Orinda, CA | $26,304,081 | $14,413,689 |
Thunderbird Country Club A Corp Rancho Mirage, CA | $22,264,861 | $10,979,612 |
Oahu Country Club Honolulu, HI | $21,871,149 | $11,423,263 |
Club At Morningside Inc Rancho Mirage, CA | $15,858,818 | $9,401,139 |
The Reserve Club Indian Wells, CA | $31,458,734 | $9,455,163 |
The Estancia Club Inc Scottsdale, AZ | $23,780,936 | $10,696,041 |
Montreux Golf & Country Club Inc Reno, NV | $29,596,657 | $7,133,879 |