Public Charity

CW OPERATING COMPANY INC DBA THE CLUB AT CARLTON WOODS

Based in THE WOODLANDS, TX, CW OPERATING COMPANY INC DBA THE CLUB AT CARLTON WOODS operates as a Public Charity. The organization reported $26.5M in revenue, $24.6M in expenses, $53.0M in total assets for fiscal year 2025.

EIN: 474418994 THE WOODLANDS, TX Golf NTEE: N6A Latest filing: 2025
Total Revenue$26.5M
Total Expenses$24.6M
Total Assets$53.0M
Grant Records0
Filing Years2021–2025

Mission

THE CLUB AT CARLTON WOODS IS A PRIVATE MEMBER OWNED GOLF, TENNIS, ATHLETIC, DINING AND SOCIAL CLUB FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. THE CLUB'S EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF MEMBERS BY PROVIDING DINING/RECREATIONAL ACTIVITIES.

Where $100 goes at Cw Operating Company Inc DBA the Club at Carlton Woods

How Cw Operating Company Inc DBA the Club at Carlton Woods divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Tax exempt club activities
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Becky Bayless De Joybert
DIRECTOR Blake Pounds
DIRECTOR Brian Petrauskas
DIRECTOR OF TENNIS & FITNESS Cary Lothringer
DIRECTOR OF GOLF INSTRUCTION Donnie Massengale
DIRECTOR Doug Softy

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $26.5M $24.6M $53.0M
2024 $25.2M $20.9M $54.2M
2023 $24.6M $21.2M $47.3M
2022 $21.6M $19.3M $38.2M
2021 $20.7M $16.3M $35.7M

Between 2021 and 2025, reported annual revenue grew from $20.7M to $26.5M (+28%), with total assets most recently reported at $53.0M.

Interactive year-over-year charts and full filing details available with membership.

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