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Cw Operating Company Inc

  • The Woodlands, TX
  • Tax-exempt since Dec. 2017
  • EIN: 47-4418994

Organization summary

Type of Nonprofit

Designated as a Social and recreational clubs.

Category: Recreation, Sports, Leisure, Athletics / Golf (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$24.6M (2023)

Expenses
$21.2M (2023)

Total Assets
$47.3M (2023)

Total Liabilities
$13.1M (2023)

Source: Form 990 tax filings from 2016 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Aug.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,641,353
Expenses
$21,162,739
Net Income
$3,478,614
Net Assets
$34,177,359
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $16,440,430
66.7%
Investment Income $23,579
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $118,142
0.5%
Net Inventory Sales $8,013,972
32.5%
Other Revenue $45,230
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $440,449
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $9,494,840
44.9%
Assets/Debt
Total Assets $47,304,277
Total Liabilities $13,126,918
Net Assets $34,177,359
Club or Co-Op Income
Initiation Fees & Contributions $1,769,732
Income From Public Use of Club Facilities $4,154,705
Compensation
Key Employees and Officers Compensation Related Other
Steve Salzman (Chief Operating Officer/Gm) $317,394 $0 $28,175
Cary Lothringer (Director Of Tennis & Fitness) $199,039 $0 $25,118
Tim Huber (Director Of Argonomy) $174,733 $0 $23,520
Aleya Davis (Membership Director) $142,553 $0 $12,088
Donnie Massengale (Director Of Golf Instruction) $133,153 $0 $4,336
Emile Asous (Managing Golf Professional) $122,781 $0 $20,761
Lyn Maddox (President) $0 $0 $0
Jason Frazer (Vice President) $0 $0 $0
Mark Tressler (Secretary) $0 $0 $0
Becky Bayless (Director) $0 $0 $0
Jonathan Hitchcock (Director) $0 $0 $0
Jason Palmenberg (Director) $0 $0 $0
Brian Petrauskas (Director) $0 $0 $0
Kent Willetts (Director) $0 $0 $0
Dan Vineyard (Director) $0 $0 $0
Robert Marling (Rem Representative) $0 $0 $0
Joseph Sutton (Rem Representative) $0 $0 $0
+ View more people

Document Links

990
Filed on July 16, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Aug.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,631,805
Expenses
$19,289,912
Net Income
$2,341,893
Net Assets
$30,698,745
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $15,153,922
70.1%
Investment Income $1,913
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $42,000
0.2%
Net Inventory Sales $6,187,018
28.6%
Other Revenue $246,952
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $484,922
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $6,640,068
34.4%
Assets/Debt
Total Assets $38,158,640
Total Liabilities $7,459,895
Net Assets $30,698,745
Club or Co-Op Income
Initiation Fees & Contributions $1,664,610
Income From Public Use of Club Facilities $2,686,765
Compensation
Key Employees and Officers Compensation Related Other
Steve Salzman (Chief Operating Officer/Gm) $425,392 $0 $27,085
Cary Lothringer (Director Of Tennis & Fitness) $196,551 $0 $23,022
Tim Huber (Director Of Argonomy) $184,224 $0 $21,768
Aleya Davis (Membership Director) $179,981 $0 $13,178
Donnie Massengale (Director Of Golf Instruction) $145,326 $0 $5,187
Emile Asous (Managing Golf Professional) $134,588 $0 $19,760
Lyndell Maddox (President) $0 $0 $0
Jason Frazer (Vice President) $0 $0 $0
Mark Tressler (Secretary) $0 $0 $0
Becky Bayless (Director) $0 $0 $0
Jonathan Hitchcock (Director) $0 $0 $0
Jason Palmenberg (Director) $0 $0 $0
Brian Petrauskas (Director) $0 $0 $0
Kent Willetts (Director) $0 $0 $0
Dan Vineyard (Director) $0 $0 $0
Robert Marling (Rem Representative) $0 $0 $0
Joseph Sutton (Rem Representative) $0 $0 $0
+ View more people

Document Links

990
Filed on July 17, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Aug.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$20,678,239
Expenses
$16,348,057
Net Income
$4,330,182
Net Assets
$28,356,852
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,278,781
59.4%
Investment Income $1,248
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $5,449,245
26.4%
Other Revenue $2,948,965
14.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $406,332
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $5,852,958
35.8%
Assets/Debt
Total Assets $35,688,745
Total Liabilities $7,331,893
Net Assets $28,356,852
Club or Co-Op Income
Initiation Fees & Contributions $1,135,681
Income From Public Use of Club Facilities $2,181,421
Compensation
Key Employees and Officers Compensation Related Other
Steve Salzman (Ceo/ General Manager) $380,163 $0 $26,169
Cary Lothringer (Director Of Tennis/Fitness) $184,163 $0 $21,713
Tim Huber (Director Of Argonomy) $172,072 $0 $19,739
Donnie Massengale (Director Of Golf Instruction) $143,742 $0 $7,394
Aleya Davis (Membership Director) $136,620 $0 $10,794
Emile Asous (Managing Golf Professional) $131,138 $0 $18,895
Lyndell E Maddox (President) $0 $0 $0
Jason Frazer (Vice President) $0 $0 $0
Mark Tressler (Secretary) $0 $0 $0
Backy Bayless (Director) $0 $0 $0
Johnathan Hitchcock (Director) $0 $0 $0
Jason Palmenberg (Director) $0 $0 $0
Brian Petrauskas (Director) $0 $0 $0
Kent Willetts (Director) $0 $0 $0
Eric Politte (Director) $0 $0 $0
Robert Marling (Rem Representative) $0 $0 $0
Joseph Sutton (Rem Representative) $0 $0 $0
+ View more people

Document Links

990
Filed on July 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Aug.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$15,701,949
Expenses
$14,265,537
Net Income
$1,436,412
Net Assets
$24,026,573
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $14,846,418
94.6%
Investment Income $345
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $116,415
0.7%
Net Inventory Sales $738,771
4.7%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $381,356
2.7%
Professional Fundraising Fees $0
Other Salaries and Wages $5,592,617
39.2%
Assets/Debt
Total Assets $31,076,179
Total Liabilities $7,049,606
Net Assets $24,026,573
Club or Co-Op Income
Initiation Fees & Contributions $1,093,452
Income From Public Use of Club Facilities $1,163,943
Compensation
Key Employees and Officers Compensation Related Other
Steve Salzman (Gen Mgr & Coo) $273,466 $0 $25,611
Aleya Davis (Membership Dir) $227,754 $0 $13,734
Russell Scott (Culinary Dir) $181,391 $0 $17,196
Cary Lothringer (Tennis/Fitness Dir) $141,540 $0 $19,261
Donald Massengale (Dir Golf Instr) $130,659 $0 $7,211
Tim Huber (Agronomy Sup Fazio) $125,738 $0 $18,173
Lyndell E Maddox (President) $0 $0 $0
Mike Mc Govern (Vice President) $0 $0 $0
Jason Frazer (Secretary) $0 $0 $0
Becky Bayless (Director) $0 $0 $0
Greg Cole (Director) $0 $0 $0
Craig Hurlbert (Director) $0 $0 $0
Jason Palmenberg (Director) $0 $0 $0
Brian Petrauskas (Director) $0 $0 $0
Eric Politte (Director) $0 $0 $0
Mark Tressler (Director) $0 $0 $0
Robert Marling (Rem Rep) $0 $0 $0
Joseph Sutton (Rem Rep) $0 $0 $0
+ View more people

Document Links

990
Filed on July 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Aug.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,779,154
Expenses
$15,773,026
Net Income
-$993,872
Net Assets
$22,590,161
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,377,265
90.5%
Investment Income $1,049
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,400,840
9.5%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $310,178
2.0%
Professional Fundraising Fees $0
Other Salaries and Wages $6,164,861
39.1%
Assets/Debt
Total Assets $31,482,585
Total Liabilities $8,892,424
Net Assets $22,590,161
Club or Co-Op Income
Initiation Fees & Contributions $1,298,360
Income From Public Use of Club Facilities $1,617,912
Compensation
Key Employees and Officers Compensation Related Other
Steve Salzman (Gen Mgr & Coo) $285,314 $0 $24,864
Cary Lothringer (Dir Tennis/Fitness) $160,240 $0 $19,756
Russell Scott (Cmc/Culinary Dir) $143,239 $0 $8,857
Donald Massengale (Dir Of Golf Instr) $119,657 $0 $17,099
Timothy Huber (Agronomy Sup Fazio) $112,745 $0 $16,113
Jeremy Childree (Agronomy Sup Nkls) $111,745 $0 $17,099
Lyndell E Maddox (President) $0 $0 $0
Lis Fisher (Vp To 10/18) $0 $0 $0
Mike Mc Govern (Vp Fr 10/18) $0 $0 $0
Jason Frazer (Secretary) $0 $0 $0
Becky Bayless (Director) $0 $0 $0
Greg Cole (Director) $0 $0 $0
Craig Hurlbert (Director) $0 $0 $0
Brian Petrauskas (Director) $0 $0 $0
Eric Politte (Director) $0 $0 $0
Mark Tressler (Director) $0 $0 $0
Robert Marling (Rem Rep) $0 $0 $0
Joseph Sutton (Rem Rep) $0 $0 $0
+ View more people

Document Links

990
Filed on July 15, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Aug.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$14,509,062
Expenses
$14,528,578
Net Income
-$19,516
Net Assets
$23,584,033
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $13,127,262
90.5%
Investment Income $2,343
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,379,457
9.5%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $301,290
2.1%
Professional Fundraising Fees $0
Other Salaries and Wages $5,540,913
38.1%
Assets/Debt
Total Assets $31,761,007
Total Liabilities $8,176,974
Net Assets $23,584,033
Club or Co-Op Income
Initiation Fees & Contributions $1,900,650
Income From Public Use of Club Facilities $1,706,973
Compensation
Key Employees and Officers Compensation Related Other
Steve Salzman (Gen Mgr & Coo) $248,600 $0 $16,712
Cary Lothringer (Dir Tennis/Fitness) $161,098 $0 $13,344
Colin O'hanlon (Dir Of Operations) $127,581 $0 $11,567
John Barrios (Executive Chef) $125,085 $0 $10,997
Aleya Davis (Membership Dir) $121,532 $0 $8,117
Donald Massengale (Dir Of Golf Instr) $119,039 $0 $4,800
Lyndell E Maddox (President) $0 $0 $0
Lis Fisher (Vice President) $0 $0 $0
Jason Frazer (Secretary) $0 $0 $0
Greg Cole (Director) $0 $0 $0
Craig Hurlbert (Director) $0 $0 $0
Mike Mc Govern (Director) $0 $0 $0
Eric Politte (Director) $0 $0 $0
Mark Tressler (Director) $0 $0 $0
Gary Whitlock (Director) $0 $0 $0
Robert Marling (Rem Rep) $0 $0 $0
Joseph Sutton (Rem Rep) $0 $0 $0
+ View more people

Document Links

990
Filed on July 15, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Aug.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,890,356
Expenses
$14,559,515
Net Income
-$669,159
Net Assets
$23,603,549
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $12,626,685
90.9%
Investment Income $4,623
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,259,048
9.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $177,938
1.2%
Professional Fundraising Fees $0
Other Salaries and Wages $5,574,517
38.3%
Assets/Debt
Total Assets $31,516,299
Total Liabilities $7,912,750
Net Assets $23,603,549
Club or Co-Op Income
Initiation Fees & Contributions $1,988,318
Income From Public Use of Club Facilities $1,417,979
Compensation
Key Employees and Officers Compensation Related Other
Steve Salzman (Gen Mgr & Coo) $169,430 $0 $8,508
Cary Lothringer (Dir Tennis/Fitness) $146,613 $0 $12,588
Colin O'hanlon (Dir Of Operations) $130,455 $0 $11,674
John Barrios (Executive Chef) $115,732 $0 $7,281
Karen Tongberg (Controller) $109,755 $0 $10,364
Emile Asous (Head Golf Pro) $108,015 $0 $6,270
Lyndell E Maddox (President) $0 $0 $0
Lis Fisher (Vice President) $0 $0 $0
Joseph W Sutton (Past President) $0 $0 $0
Jason Frazer (Secretary) $0 $0 $0
Greg Cole (Director) $0 $0 $0
Ryan Edone (Director) $0 $0 $0
Guy Hollingsworth (Director) $0 $0 $0
Eric Politte (Director) $0 $0 $0
Mark Tressler (Director) $0 $0 $0
Gary Whitlock (Director) $0 $0 $0
Robert Marling (Rem Rep) $0 $0 $0
+ View more people

Document Links

990
Filed on July 16, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Aug.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,780,925
Expenses
$14,970,226
Net Income
$6,810,699
Net Assets
$24,272,708
Notable Sources of Revenue Percent of Total Revenue
Contributions $99,948
0.5%
Program Services $19,968,715
91.7%
Investment Income $1,869
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $1,710,393
7.9%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $236,758
1.6%
Professional Fundraising Fees $0
Other Salaries and Wages $5,892,359
39.4%
Assets/Debt
Total Assets $31,255,274
Total Liabilities $6,982,566
Net Assets $24,272,708
Club or Co-Op Income
Initiation Fees & Contributions $8,909,004
Income From Public Use of Club Facilities $1,771,418

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

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Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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