Westwood Country Club Inc
- Assets
- $10.6m
- Revenue
- $5.3m
- Investments
- $2.0m
- Employees
- 95
- Location
- Houston, TX
- Founding
- 10/1943
- Data as of
- 12/2022
- EIN
- 74-0981680
Organization Overview
Westwood Country Club Inc is located in Houston, TX. The organization was established in 1943. 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 12/2022, Westwood Country Club Inc employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westwood 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, Westwood Country Club Inc generated $5.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $5.7m during the year ending 12/2022. While expenses have increased by 5.7% 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
THE ORGANIZATION IS A PRIVATE CLUB AND ITS MISSION IS TO PROVIDE SERVICES TO THE MEMBERS OF THE CLUB.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A PRIVATE, MEMBER ONLY CLUB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Lyons General Mana | 50 | $168,100 | |
Jennifer Gonzales Dir Of Membe | 50 | $125,829 | |
Brent Schilhab Dir Of Green | 50 | $109,077 | |
Christopher Anderson Secretary/di | Trustee | 0.5 | $0 |
Jon Biro Treasurer/di | Trustee | 0.5 | $0 |
Matt Davis Vice Preside | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rgr Golf Services Golf Course Update | 12/30/18 | $775,057 |
Blue Cross Blue Shield Medical Insurance | 12/30/18 | $186,793 |
Texas Sports Sand Bunker Sand | 12/30/18 | $190,169 |
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 | $4,998,280 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,265,364 |
| 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 | $2,027,244 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $173,538 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $24,750 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,651 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $281,230 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $319,304 |
| All other expenses | $1,413,005 |
| Total functional expenses | $5,661,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $325,089 |
| Savings and temporary cash investments | $744,466 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $610,016 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $243,221 |
| Prepaid expenses and deferred charges | $40,079 |
| Net Land, buildings, and equipment | $6,074,967 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,001,600 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $522,126 |
| Total assets | $10,561,564 |
| Accounts payable and accrued expenses | $508,210 |
| Grants payable | $0 |
| Deferred revenue | $12,202 |
| 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 | $6,100,478 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,652,104 |
| Total liabilities | $12,272,994 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$1,711,430 |
| Total liabilities and net assets/fund balances | $10,561,564 |