2023-11-14T10:12:19-06:00 2022-12-31 741130599 PATTILLO BROWN & HILL LLP P O BOX 20725 WACO TX 767020725 990 2022-01-01 741049861 RIDGEWOOD COUNTRY CLUB RIDG 2547720160 PO BOX 7277 WACO TX 767147277 JIM THERRELL VICE PRESIDENT 2547720160 2023-10-27 1 JIM THERRELL 999009999 0 MIKE LUCAS CPA P00581536 2547724901 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JIM THERRELL PO BOX 7277 WACO TX 767147277 11270308 0 X WWW.RIDGEWOODWACO.COM X 1946 TX THE PURPOSE FOR WHICH THE CLUB IS FORMED IS NOT TO MAKE PROFIT, BUT TO OWN, ESTABLISH AND MAINTAIN A SOCIAL ORGANIZATION WITH CLUBHOUSE, GOLF COURSE, SWIMMING POOL, TENNIS COURTS, MARINA, AND SUCH OTHER RECREATIONAL FACILITIES AS MAY FROM TIME TO TIME BE AUTHORIZED BY THE DIRECTORS OF THE CLUB. 16 16 264 0 349101 2667 6508597 7050489 865789 844867 14256 96291 1767061 1685513 9155703 9677160 0 0 0 0 5102676 5514735 0 0 0 3924437 3432095 9027113 8946830 128590 730330 10116085 11556750 4333854 4951498 5782231 6605252 X THE PURPOSE FOR WHICH THE CLUB IS FORMED IS NOT TO MAKE PROFIT, BUT TO OWN, ESTABLISH AND MAINTAIN A SOCIAL ORGANIZATION WITH CLUBHOUSE, GOLF COURSE, SWIMMING POOL, TENNIS COURTS, MARINA, AND SUCH OTHER RECREATIONAL FACILITIES AS MAY FROM TIME TO TIME BE AUTHORIZED BY THE DIRECTORS OF THE CLUB. 0 0 3537853 CLUBHOUSE ACTIVITIES: APPROXIMATELY 1,030 MEMBERS USE THE CLUBHOUSE FOR PARTIES AND CIVIC/PROFESSIONAL FUNCTIONS THROUGHOUT THE YEAR. APPROXIMATELY 20,000 USAGES OCCUR PER YEAR 2796058 GOLF COURSE: APPROXIMATELY 640 MEMBERS USE THE GOLF COURSE THROUGHOUT THE YEAR WITH AN ESTIMATED 20,500 ROUNDS OF GOLF PLAYED 523450 TENNIS: ALL MEMBERS HAVE ACCESS TO THE TENNIS COURTS THROUGHOUT THE YEAR WITH AN ESTIMATED 19,000 SETS PLAYED 162025 SWIMMING POOL: ALL MEMBERS HAVE ACCESS TO THE POOL FOR 5 MONTHS OF THE YEAR. THE POOL WAS UTILIZED BY APPROXIMATELY 950 MEMBERS WITH AN ESTIMATED 6,500 PEOPLE SWIMMING. 494376 MARINA: APPROXIMATELY 950 MEMBERS HAVE ACCESS TO THE MARINA CLUB FACILITIES THROUGHOUT THE YEAR WITH THE MAJORITY OF USE OCCURING IN THE SUMMER MONTHS. 282299 LOCKER ROOM & FITNESS: ALL MEMBERS HAVE ACCESS TO THE LOCKER ROOM AND FITNESS FACILITIES IN CONJUNCTION WITH OTHER CLUBHOUSE ACTIVITIES. 938700 7796061 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 83 0 1 264 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 0 1 1 0 0 1 0 0 1 1 1 0 X MICHAEL COWAN 2547720160 7301 FISHPOND ROAD WACO TX 76710 PAM KREUZBURG JANUARY - MARCH PRESIDENT 0.50 X X 0 0 0 JIM BOWEN APRIL - DECEMBER PRESIDENT 0.50 X X 0 0 0 JIM BOWEN JANUARY - MARCH VICE PRESIDENT 0.50 X X 0 0 0 ANDY MCSWAIN APRIL - DECEMBER VICE PRESIDENT 0.50 X X 0 0 0 DILLION SHORT JANUARY - MARCH SECRETARY/TREASURER 0.50 X X 0 0 0 JIM THERRELL APRIL - DECEMBER SECRETARY/TREASURER 0.50 X X 0 0 0 PAM KREUZBURGAPRIL - DECEMBER PAST PRESIDENT 0.50 X X 0 0 0 PHIL MEACHAM JANUARY - MARCH PAST PRESIDENT 0.50 X X 0 0 0 ANGUS MCSWAIN JANUARY - DECEMBER DIRECTOR 0.50 X 0 0 0 BART ROMIG JANUARY - DECEMBER DIRECTOR 0.50 X 0 0 0 JIM THERRELL JANUARY - MARCH DIRECTOR 0.50 X 0 0 0 LIZ MITCHELL JANUARY - MARCH DIRECTOR 0.50 X 0 0 0 ADAM MEYER JANUARY - MARCH DIRECTOR 0.50 X 0 0 0 CLINT WEAVER JANUARY - DECEMBER DIRECTOR 0.50 X 0 0 0 JULIE CRUNK JANUARY - DECEMBER DIRECTOR 0.50 X 0 0 0 KEM BARRETT APRIL - DECEMBER DIRECTOR 0.50 X 0 0 0 TAYLOR BLEDSOE APRIL - DECEMBER DIRECTOR 0.50 X 0 0 0 GEORGE WOLFE JANUARY - MARCH DIRECTOR 0.50 X 0 0 0 HACK BRANCH JANUARY - MARCH DIRECTOR 0.50 X 0 0 0 ROBERT DEATON APRIL - DECEMBER DIRECTOR 0.50 X 0 0 0 A SCHMELTEKOPF JANUARY - MARCH DIRECTOR 0.50 X 0 0 0 PAUL THORP JANUARY - MARCH DIRECTOR 0.50 X 0 0 0 GEORGE HARMON JANUARY - MARCH DIRECTOR 0.50 X 0 0 0 GARY HORNUNG APRIL - DECEMBER DIRECTOR 0.50 X 0 0 0 JERRY MILLER APRIL - DECEMBER DIRECTOR 0.50 X 0 0 0 MATT MORRISON APRIL - DECEMBER DIRECTOR 0.50 X 0 0 0 EVAN O'DONNELL APRIL - DECEMBER DIRECTOR 0.50 X 0 0 0 KEVIN POYNTER APRIL - DECEMBER DIRECTOR 0.50 X 0 0 0 WELDON RATLIFF APRIL - DECEMBER DIRECTOR 0.50 X 0 0 0 KATIE SNAPP JANUARY - DECEMBER JUNIOR REPRESENTATIVE 0.50 X 0 0 0 WILLIAM HORTON GENERAL MANAGER 50.00 X 292506 0 20010 MICHAEL COWAN CONTROLLER 45.00 X 149968 0 18543 JAMES CUNNINGHAM HEAD GOLF PRO 50.00 X 174853 0 20482 JON SNIDER GOLF COURSE SUPERINTENDENT 45.00 X 111941 0 3489 JULIEN CURATELLA TENNIS PRO 45.00 X 141355 0 10549 TARA TURNER ASST MANAGER - SALES 45.00 X 133895 0 12279 DAVID HILL FITNESS DIRECTOR 45.00 X 130181 0 13951 1134699 0 99303 7 0 1 0 FLEETWOOD SERVICES 4311 WILLOW STREET DALLAS TX 75226 GOLF COURSE CONTRACTOR 335379 UNITED HEALTHCARE INSURANCE COMPANY P O BOX 94017 PALATINE IL 600944017 HEALTH INS PREMIUMS 310434 TRIPP DAVIS AND ASSOCIATES PO BOX 319 NORMAN OK 73070 GOLF COURSE ARCHITECT 168574 3 6803764 246725 7050489 SWIMMING/TENNIS/FITNESS FEES 713910 403381 403381 GOLF CART RENTAL/GREEN FEES 713910 283999 242414 41585 CLUB STORAGE/LOCKER RENT 713910 98669 98669 LATE FEES/ADJUSTMENTS 713910 43579 43579 REBATES/REIMBURSEMENTS 713910 7839 7839 7400 7400 844867 3667 3667 304320 210585 1111 93735 -1111 92624 93735 -1111 3048724 1381452 1667272 1381664 285608 RAMBLER ADVERTISING INCOME 513120 18241 18241 18241 9677160 2278681 349101 -1111 481028 405102 75926 4244548 3582868 661680 46357 30680 15677 364687 319089 45598 378115 324970 53145 16549 16549 23975 23975 142091 124254 17837 415988 364642 51346 1229231 1147740 81491 4250 3321 929 53968 47398 6570 992763 963978 28785 276647 258225 18422 MEMBER SERVICES 220197 171876 48321 NON QUAL COMP 26365 23155 3210 MISCELLANEOUS EXPENSES 15263 15758 -495 BAD DEBT EXPENSE 14808 13005 1803 8946830 7796061 1150769 0 936229 569524 912405 952278 1407517 1169218 195808 250745 275231 347995 24682207 16427379 6388895 8254828 0 12162 10116085 11556750 168931 316964 2031725 2124193 1363548 1478599 769650 1031742 4333854 4951498 X 5782231 6605252 5782231 6605252 10116085 11556750 X 730330 92691 X X 0 1 X 1 0 X 5657959 6263459 6365189 6508597 6803764 31598968 2943704 3363296 2454465 3729552 3339726 15830743 8601663 9626755 8819654 10238149 10143490 47429711 0 0 0 47429711 2383 4335 3791 2242 3667 16418 2383 4335 3791 2242 3667 16418 45809 0 45809 8604046 9676899 8823445 10240391 10147157 47491938 0.99870 0.99870 0.00030 0.00030 X 415307 1174741 1119 1224841 366326 402344 1073509 1100 1061646 415307 320240 952971 1382 872249 402344 521034 889983 2878 1093655 320240 450323 990775 1796 921860 521034 1.00000 0 0 721637 721637 11048281 8822460 2225821 12912289 7604919 5307370 8254828 ACCRUED PAYROLL & SALES TAXES 711978 OTHER ACCRUED LIABILITIES 93533 ACCRUED PROPERTY TAXES 226231 1031742 X 10965989 1381452 1381452 9584537 92623 92623 9677160 10235659 1381452 1381452 8854207 92623 92623 8946830 PART V, LINE 4: THESE FUNDS ARE CAPITAL DUES SET ASIDE FOR CAPITAL EXPENDITURES THAT MUST BE APPROVED BY THE BOARD OF DIRECTORS. PART X, LINE 2: THE CLUB IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE CLUB'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE CLUB HAD UNRELATED BUSINESS INCOME FROM ITS INVESTMENTS IN THE YEARS ENDED DECEMBER 31, 2022 AND 2021. ANY ASSOCIATED INCOME TAX EXPENSE WAS NOT MATERIAL TO THE CLUB FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, AS THE TAXES WERE MOSTLY OFFSET BY AVAILABLE CREDITS. THERE WERE NO UNCERTAIN TAX POSITIONS. THE CLUB'S INCOME TAX FILINGS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS") GENERALLY FOR THREE YEARS AFTER IT IS FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES OFFSET AGAINST REVENUE ON 990 1,381,452. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF ASSETS INCLUDED IN REVENUE ON 990 93,735. INSURANCE PROCEEDS OFFSET AGAINST EXPENSES IN AUDIT -1,112. BAD DEBT COLLECTIONS OFFSET AGAINST EXPENSES IN AUDIT PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES OFFSET AGAINST REVENUE ON 990 1,381,452. PART XII, LINE 4B - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF ASSETS INCLUDED IN REVENUE ON 990 93,735. INSURANCE PROCEEDS OFFSET AGAINST EXPENSES IN AUDIT -1,112. BAD DEBT COLLECTIONS OFFSET AGAINST EXPENSES IN AUDIT 1 X 0 0 0 WILLIAM HORTON GENERAL MANAGER 257706 0 34800 0 0 0 8340 0 11670 0 312516 0 0 0 JAMES CUNNINGHAM HEAD GOLF PRO 130205 0 44648 0 0 0 3946 0 16536 0 195335 0 0 0 MICHAEL COWAN CONTROLLER 126186 0 23782 0 0 0 2007 0 16536 0 168511 0 0 0 JULIEN CURATELLA TENNIS PRO 48781 0 92574 0 0 0 4824 0 5725 0 151904 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS PURCHASE SHARES IN THE CLUB AT VARIOUS LEVELS. AT THE END OF 2022 THERE WERE 404 SHAREHOLDER MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE SELECTED BY THE MEMBER STOCKHOLDERS. FORM 990, PART VI, SECTION B, LINE 11B INDEPENDENT CPA PRESENTS THE FORM 990 TO THE BOARD OF DIRECTORS BEFORE IT IS SIGNED AND FILED. FORM 990, PART VI, SECTION B, LINE 15 ORAL AND WRITTEN REVIEW AND EVALUATIONS PREPARED BY DEPARTMENT HEADS FOR ALL EMPLOYEES ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS, AND FORM 990 ARE AVAILABLE AT THE ANNUAL STOCKHOLDER MEETING IN MARCH AND ALSO UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: CAPITAL STOCK ISSUED OR SUBSCRIBED 130,801. CAPITAL STOCK SURRENDERED AND RE-ISSUED, NET -38,110. FORM 990, PART XI, LINE 2C: PROCESS HAS NOT CHANGED FROM PRIOR YEAR.