Riverside Golf Club is located in Grand Island, NE. The organization was established in 1941. 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 12/2021, Riverside Golf Club employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverside Golf Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2021, Riverside Golf Club generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. 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
MEMBERSHIP DINING AND GOLFING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING DINING AND GOLFING SERVICES FOR APPROXIMATELY 400 MEMBERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Moravec Treasurer | OfficerTrustee | 1 | $0 |
Mike Schuster Vice Preside | OfficerTrustee | 1 | $0 |
Karla Schneider Secretary | OfficerTrustee | 1 | $0 |
Bob Wald President | OfficerTrustee | 1 | $0 |
Michelle Mcnamara Member | Trustee | 1 | $0 |
John Kenna Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $311,800 |
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 | $311,800 |
Total Program Service Revenue | $1,435,456 |
Investment income | $3,318 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $5,820 |
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 | $869,860 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,729,302 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $12,931 |
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 | $729,455 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $161,104 |
Payroll taxes | $108,058 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $14,875 |
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 | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $364,501 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $82,602 |
All other expenses | $126,197 |
Total functional expenses | $2,136,272 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $728,677 |
Savings and temporary cash investments | $18,036 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $335,055 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $12,441 |
Inventories for sale or use | $60,015 |
Prepaid expenses and deferred charges | $20,926 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,175,150 |
Accounts payable and accrued expenses | $185,604 |
Grants payable | $0 |
Deferred revenue | $4,000 |
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 | $0 |
Total liabilities | $189,604 |
Net assets without donor restrictions | $985,546 |
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 | $1,175,150 |
Organization Name | Assets | Revenue |
---|---|---|
Missouri Athletic Club St Louis, MO | $22,640,194 | $18,091,674 |
Cherry Hills Country Club Englewood, CO | $65,318,672 | $17,559,884 |
Denver Country Club Denver, CO | $40,162,102 | $13,375,074 |
Bellerive Country Club Saint Louis, MO | $30,118,733 | $15,442,843 |
Columbine Country Club Columbine Valley, CO | $37,675,928 | $14,753,551 |
National Association Of Intercollegiate Athletics Kansas City, MO | $12,204,653 | $13,287,204 |
Happy Hollow Club Omaha, NE | $18,174,683 | $12,125,031 |
Gamma Phi Beta Sorority Inc Centennial, CO | $31,209,730 | $12,603,697 |
St Louis Country Club Saint Louis, MO | $23,333,122 | $12,315,220 |
Sports Car Club Of America Incorporated Topeka, KS | $6,701,641 | $11,632,236 |
Hallbrook Country Club Leawood, KS | $18,508,946 | $11,580,698 |
Kansas City Country Club Misson Hills, KS | $14,548,380 | $10,039,559 |