Royal Oaks Country Club
- Assets
- $8.5m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 145
- Location
- Vancouver, WA
- Founding
- 02/1949
- Data as of
- 03/2022
- EIN
- 91-0503772
Organization Overview
Royal Oaks Country Club is located in Vancouver, WA. The organization was established in 1949. 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 03/2022, Royal Oaks Country Club employed 145 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Royal Oaks 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 03/2022, Royal Oaks Country Club generated $4.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $5.3m during the year ending 03/2022. While expenses have increased by 3.4% 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
ENTITY IS A SOCIAL CLUB ORGANIZED FOR EXEMPT PURPOSES UNDER IRC CODE SECTION 501(C)(7).
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gordon Kiyokawa Greens Superintendent | 40 | $198,875 | |
Scott Leritz Head Golf Professional | 40 | $161,424 | |
Marcia Lafond Club Manager | 40 | $150,000 | |
Robert Johnson Staff | 40 | $110,891 | |
Jason Powell Secretary/ Treasurer | OfficerTrustee | 2 | $0 |
Ken Mogseth Vice President | OfficerTrustee | 2 | $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 | $4,328,339 |
| Investment income | $7,402 |
| 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 | $54,885 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,390,626 |
| 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 | $2,249,238 |
| Pension plan accruals and contributions | $79,733 |
| Other employee benefits | $248,646 |
| Payroll taxes | $253,605 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $63,822 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $128,028 |
| Advertising and promotion | $85,882 |
| Office expenses | $190,829 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $342,893 |
| Travel | $12,448 |
| 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 | $713,545 |
| Insurance | $68,246 |
| All other expenses | $255,367 |
| Total functional expenses | $5,301,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,419,505 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $404,093 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $378,460 |
| Prepaid expenses and deferred charges | $97,211 |
| Net Land, buildings, and equipment | $5,883,403 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $306,743 |
| Total assets | $8,489,415 |
| Accounts payable and accrued expenses | $435,576 |
| Grants payable | $0 |
| Deferred revenue | $42,322 |
| 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 | $66,395 |
| Other liabilities | $130,763 |
| Total liabilities | $675,056 |
| Net assets without donor restrictions | $7,814,359 |
| 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 | $8,489,415 |
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