Riverside Golf & Country Club
- Assets
- $2.8m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 95
- Location
- Portland, OR
- Founding
- 05/1937
- Data as of
- 10/2023
- EIN
- 93-0266117
Organization Overview
Riverside Golf & Country Club is located in Portland, OR. The organization was established in 1937. 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 10/2023, Riverside Golf & Country Club employed 95 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverside Golf & Country Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 10/2023, Riverside Golf & Country Club generated $4.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $4.1m during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 6 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ATHLETIC AND SOCIAL ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CLUB OPERATES FACILITIES FOR MEMBERSHIP, CONSISTENT WITH THE STATED GOALS AND OBJECTIVES OF THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Jolly President | OfficerTrustee | 4 | $0 |
Jeff Harn Vice President | OfficerTrustee | 2 | $0 |
Kim Ogawa Secretary | OfficerTrustee | 2 | $0 |
Chris Merten Treasurer | OfficerTrustee | 2 | $0 |
Larry Eaton Director | Trustee | 1 | $0 |
Andy Swanson 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 | $3,399,649 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $674,989 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,234,007 |
| 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 | $1,689,560 |
| Pension plan accruals and contributions | $7,571 |
| Other employee benefits | $463,427 |
| Payroll taxes | $261,782 |
| 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 | $79,375 |
| Advertising and promotion | $11,822 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,489 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $72,724 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $394,207 |
| Insurance | $60,014 |
| All other expenses | $516,821 |
| Total functional expenses | $4,102,996 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $570,329 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $157,149 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $198,436 |
| Prepaid expenses and deferred charges | $27,734 |
| Net Land, buildings, and equipment | $1,449,497 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $348,281 |
| Total assets | $2,751,426 |
| Accounts payable and accrued expenses | $417,909 |
| Grants payable | $0 |
| Deferred revenue | $9,263 |
| 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 | $1,263,265 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $349,829 |
| Total liabilities | $2,040,266 |
| Net assets without donor restrictions | $711,160 |
| 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 | $2,751,426 |