2022-11-11T15:08:51-06:00 2021-12-31 741130599 PATTILLO BROWN & HILL LLP P O BOX 20725 WACO TX 767020725 990 2021-01-01 741049861 RIDGEWOOD COUNTRY CLUB RIDG 2547720160 PO BOX 7277 WACO TX 767147277 JIM BOWEN PRESIDENT 2547720160 2022-11-02 1 JIM BOWEN 999009999 MIKE LUCAS CPA P00581536 2547724901 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JIM BOWEN PO BOX 7277 WACO TX 767147277 10486275 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 COURS, MARINA, AND SUCH OTHER RECREATIONAL FACILITIES AS MAY FROM TIME TO TIME BE AUTHORIZED BY THE DIRECTORS OF THE CLUB. 16 16 285 0 447585 1242 6375189 6508597 649128 865789 2988 14256 1175542 1767061 8202847 9155703 0 0 0 0 4503164 5102676 0 0 0 3698208 3924437 8201372 9027113 1475 128590 9658829 10116085 4078111 4333854 5580718 5782231 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 COURS, MARINA, AND SUCH OTHER RECREATIONAL FACILITIES AS MAY FROM TIME TO TIME BE AUTHORIZED BY THE DIRECTORS OF THE CLUB. 0 0 4021082 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 2537817 GOLF COURSE: APPROXIMATELY 640 MEMBERS USE THE GOLF COURSE THROUGHOUT THE YEAR WITH AN ESTIMATED 20,500 ROUNDS OF GOLF PLAYED 501802 TENNIS: ALL MEMBERS HAVE ACCESS TO THE TENNIS COURTS THROUGHOUT THE YEAR WITH AN ESTIMATED 19,000 SETS PLAYED 189325 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. 464030 MARINA: APPROXIMATELY 950 MEMBERS HAVE ACCESS TO THE MARINA CLUB FACILITIES THROUGHOUT THE YEAR WITH THE MAJORITY OF USE OCCURING IN THE SUMMER MONTHS. 252615 LOCKER ROOM & FITNESS: ALL MEMBERS HAVE ACCESS TO THE LOCKER ROOM AND FITNESS FACILITIES IN CONJUNCTION WITH OTHER CLUBHOUSE ACTIVITIES. 905970 7966671 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 1 0 0 0 0 0 0 0 0 0 0 1 92 0 1 285 1 1 1 0 0 0 0 198260 646894 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 PHIL MEACHAM JANUARY - MARCH PRESIDENT 0.50 X X 0 0 0 PAM KREUZBURG APRIL - DECEMBER PRESIDENT 0.50 X X 0 0 0 PAM KREUZBURG JANUARY - MARCH VICE PRESIDENT 0.50 X X 0 0 0 JIM BOWEN APRIL - DECEMBER VICE PRESIDENT 0.50 X X 0 0 0 JIM BOWEN JANUARY - MARCH SECRETARY/TREASURER 0.50 X X 0 0 0 DILLON SHORT APRIL - DECEMBER SECRETARY/TREASURER 0.50 X X 0 0 0 ROBERT TURNERJANUARY - MARCH PAST PRESIDENT 0.50 X X 0 0 0 PHIL MEACHAM APRIL - DECEMBER PAST PRESIDENT 0.50 X X 0 0 0 ANGUS MCSWAIN APRIL - DECEMBER DIRECTOR 0.50 X 0 0 0 BART ROMIG APRIL - DECEMBER DIRECTOR 0.50 X 0 0 0 JIM THERRELL JANUARY - DECEMBER DIRECTOR 0.50 X 0 0 0 LIZ MITCHELL JANUARY - DECEMBER DIRECTOR 0.50 X 0 0 0 ADAM MEYER JANUARY - DECEMBER 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 MICHAEL MCNAMARA JANUARY - MARCH DIRECTOR 0.50 X 0 0 0 DILLON SHORT JANUARY - MARCH DIRECTOR 0.50 X 0 0 0 GEORGE WOLFE JANUARY - DECEMBER DIRECTOR 0.50 X 0 0 0 HACK BRANCH JANUARY - DECEMBER DIRECTOR 0.50 X 0 0 0 KEVIN KRAUSE JANUARY - AUGUST DIRECTOR 0.50 X 0 0 0 A SCHMELTEKOPF SEPTEMBER - DECEMBER DIRECTOR 0.50 X 0 0 0 PAUL THORP JANUARY - DECEMBER DIRECTOR 0.50 X 0 0 0 GEORGE HARMON JANUARY - DECEMBER DIRECTOR 0.50 X 0 0 0 MATT ROBERTS JANUARY - MARCH JUNIOR REPRESENTATIVE 0.50 X 0 0 0 KATIE SNAPP APRIL - DECEMBER JUNIOR REPRESENTATIVE 0.50 X 0 0 0 WILLIAM HORTON GENERAL MANAGER 50.00 X 278000 0 17973 MICHAEL COWAN CONTROLLER 45.00 X 121625 0 14226 JAMES CUNNINGHAM HEAD GOLF PRO 50.00 X 166564 0 16165 TRAVIS MOORE GOLF COURSE SUPERINTENDENT 45.00 X 117862 0 15967 BERNARD HURLEY EXECUTIVE CHEF 45.00 X 125185 0 3134 JULIEN CURATELLA TENNIS PRO 45.00 X 161865 0 9389 TARA TURNER ASST MANAGER - SALES 45.00 X 121494 0 9523 DAVID HILL FITNESS DIRECTOR 45.00 X 107952 0 11195 1200547 0 97572 8 0 1 0 UNITED HEALTHCARE INSURANCE COMPANY P O BOX 94017 PALATINE IL 600944017 HEALTH INS PREMIUMS 253929 1 6508597 6508597 SWIMMING/TENNIS/FITNESS FEES 713910 393222 393222 GOLF CART RENTAL/GREEN FEES 713910 324164 277855 46309 CLUB STORAGE/LOCKER RENT 713910 98105 98105 LATE FEES/ADJUSTMENTS 713910 38618 38618 REBATES/REIMBURSEMENTS 713910 5105 5105 6575 6575 865789 2242 2242 15450 3436 12014 12014 12014 2910072 1327136 1582936 1222522 360414 INSURANCE PROCEEDS 900099 141505 141505 RAMBLER ADVERTISING INCOME 511120 38620 38620 BAD DEBT COLLECTIONS 713910 4000 4000 184125 9155703 2046002 447585 153519 431824 364031 67793 3999281 3402286 596995 33704 23995 9709 283299 244423 38876 354568 310593 43975 32385 32385 25033 25033 250043 217737 32306 410299 341859 68440 1082623 1017269 65354 4843 4079 764 51458 45266 6192 1569020 1551734 17286 257682 241477 16205 MEMBER SERVICES 196345 161626 34719 NON QUAL COMP 26365 23192 3173 MISCELLANEOUS EXPENSES 18341 17104 1237 9027113 7966671 1060442 0 563740 936229 839390 912405 1067378 1407517 171184 195808 265604 275231 22011925 15623030 6751533 6388895 9658829 10116085 195454 168931 1907922 2031725 1409378 1363548 565357 769650 4078111 4333854 X 5580718 5782231 5580718 5782231 9658829 10116085 X 128590 72923 X X 0 1 X 1 0 X 5309478 5657959 6263459 6365189 6508597 30104682 3568713 2943704 3363296 2454465 3729552 16059730 8878191 8601663 9626755 8819654 10238149 46164412 0 0 0 46164412 1118 2383 4335 3791 2242 13869 1118 2383 4335 3791 2242 13869 45809 0 45809 8879309 8604046 9676899 8823445 10240391 46224090 0.99870 0.99860 0.00030 0.00030 X 402344 1073509 1100 1061646 415307 320240 952971 1382 872249 402344 521034 889983 2878 1093655 320240 450323 990775 1796 921860 521034 145568 873722 672 569639 450323 1.00000 0 0 721637 721637 9333260 8673502 659758 11957028 6949528 5007500 6388895 ACCRUED PAYROLL & SALES TAXES 504317 OTHER ACCRUED LIABILITIES 92175 ACCRUED PROPERTY TAXES 173158 769650 X 10325320 1327136 1327136 8998184 157519 157519 9155703 10196730 1327136 1327136 8869594 157519 157519 9027113 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, 2021 AND 2020. ANY ASSOCIATED INCOME TAX EXPENSE WAS NOT MATERIAL TO THE CLUB FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020, 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 1,327,136. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF ASSETS INCLUDED IN REVENUE ON 990 12,014. INSURANCE PROCEEDS OFFSET AGAINST EXPENSES IN AUDIT 141,505. BAD DEBT COLLECTIONS OFFSET AGAINST EXPENSES IN AUDIT 4,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES OFFSET AGAINST REVENUE ON 990 1,327,136. PART XII, LINE 4B - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF ASSETS INCLUDED IN REVENUE ON 990 12,014. INSURANCE PROCEEDS OFFSET AGAINST EXPENSES IN AUDIT 141,505. BAD DEBT COLLECTIONS OFFSET AGAINST EXPENSES IN AUDIT 4,000. 1 X 0 0 0 WILLIAM HORTON GENERAL MANAGER 248000 0 30000 0 0 0 8340 0 9633 0 295973 0 0 0 JAMES CUNNINGHAM HEAD GOLF PRO 127877 0 38687 0 0 0 3946 0 12219 0 182729 0 0 0 JULIEN CURATELLA TENNIS PRO 49113 0 112752 0 0 0 4824 0 4565 0 171254 0 0 0 BOWEN ELECTRIC OWNER JIM BOWEN IS A BOARD OFFICER 28914 ELECTRICAL WORK 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS PURCHASE SHARES IN THE CLUB AT VARIOUS LEVELS. AT THE END OF 2021 THERE WERE 434 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 100,188. CAPITAL STOCK SURRENDERED AND RE-ISSUED, NET -27,265. FORM 990, PART XI, LINE 2C: PROCESS HAS NOT CHANGED FROM PRIOR YEAR.