River Forest Country Club
- Assets
- $12.0m
- Revenue
- $7.9m
- Investments
- $0.0
- Employees
- 150
- Location
- Elmhurst, IL
- Founding
- 11/1999
- Data as of
- 09/2021
- EIN
- 36-1689955
Organization Overview
River Forest Country Club is located in Elmhurst, IL. The organization was established in 1999. 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 09/2021, River Forest Country Club employed 150 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. River Forest 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 09/2021, River Forest Country Club generated $7.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $5.4m during the year ending 09/2021. While expenses have increased by 0.8% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
A PRIVATE MEMBERSHIP COUNTRY CLUB TO SERVE THE SOCIAL AND RECREATIONAL NEEDS EXCLUSIVELY OF ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A PRIVATE SOCIAL CLUB PROVIDING GOLF, POOL, TENNIS, AND DINING FACILITIES FOR THE BENEFIT OF ITS MEMEBRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Schenkel General Manager | Officer | 40 | $221,271 |
Derek Weber Grounds Superintendent | 40 | $203,069 | |
Don Oeste Controller | Officer | 40 | $128,098 |
Nathan Skrocki Executive Chef | 40 | $127,398 | |
Jeff Hiser Vice President | OfficerTrustee | 5 | $0 |
Pat O'malley Tresurer | OfficerTrustee | 5 | $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 | $6,609,534 |
| Investment income | $75 |
| 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 | $1,267,316 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,876,925 |
| 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. | $411,726 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,953,834 |
| Pension plan accruals and contributions | $36,876 |
| Other employee benefits | $297,844 |
| Payroll taxes | $316,258 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,300 |
| Fees for services: Accounting | $24,372 |
| 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 | $37,490 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $438,442 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $66,332 |
| Interest | $6,686 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $835,968 |
| Insurance | $0 |
| All other expenses | $116,829 |
| Total functional expenses | $5,448,699 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,920,640 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $653,213 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $149,073 |
| Prepaid expenses and deferred charges | $81,213 |
| Net Land, buildings, and equipment | $8,148,554 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,952,693 |
| Accounts payable and accrued expenses | $1,018,780 |
| Grants payable | $0 |
| Deferred revenue | $33,626 |
| 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 | $53,110 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $270,624 |
| Total liabilities | $1,376,140 |
| Net assets without donor restrictions | $10,576,553 |
| 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 | $11,952,693 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pi Beta Phi Fraternity Housing Corporation Town Country, MO | $77,087,429 | $19,221,332 |
Olympia Fields Country Club Olympia Fields, IL | $30,077,528 | $14,988,630 |
Academy Of Model Aeronautics Ama Muncie, IN | $14,826,959 | $9,207,922 |
Twin Orchard Country Club Long Grove, IL | $7,888,847 | $8,779,508 |
Briarwood Country Club Deerfield, IL | $16,862,462 | $7,936,936 |
Idle Hour Country Club Inc Lexington, KY | $13,827,877 | $6,560,806 |
Wisconsin Club Inc Milwaukee, WI | $13,631,132 | $7,676,658 |
Milwaukee Country Club River Hills, WI | $13,393,861 | $8,032,632 |
Chicago Club Chicago, IL | $23,297,083 | $6,965,290 |
Westborough Country Club St Louis, MO | $12,574,803 | $8,255,604 |
North Shore Country Club Mequon, WI | $12,385,301 | $7,356,496 |
River Forest Country Club Elmhurst, IL | $11,952,693 | $7,876,925 |