2024-03-19T10:19:02-05:00 2023-08-31 561706742 DAVIDSON HOLLAND WHITESELL & CO PLLC 209 13TH AVE PLACE NW SUITE 200 HICKORY NC 28601 990 2022-09-01 560486013 LAKE HICKORY COUNTRY CLUB INC LAKE 8283282981 POST OFFICE BOX 1476 HICKORY NC 28603 JEFF GNIADEK TREASURER 8283282981 2024-03-19 1 JEFF GNIADEK 999009999 1 MATTHEW MCKINNEY P01707028 8283222070 2024-03-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEFF GNIADEK PO BOX 1476 HICKORY NC 28603 7152014 0 X LAKEHICKORYCC.COM X 1961 NC TO PROVIDE MEANS AND FACILITIES FOR ENTERTAINMENT, RECREATION, AND REFRESHMENT OF ITS MEMBERS, CREATE OPPORTUNITIES FOR SOCIAL INTERACTION FOR MEMBERS, THEIR GUESTS AND FAMILIES. ACTIVITIES INCLUDE GOLF, TENNIS, SWIMMING AND DINING. 12 12 252 6 166649 0 313415 188203 3651797 4132282 32297 5400 1460111 1766955 5457620 6092840 0 0 0 0 2954056 3411503 0 0 0 2325456 2635367 5279512 6046870 178108 45970 6558678 7262963 4763754 5384138 1794924 1878825 TO PROVIDE MEANS AND FACILITIES FOR ENTERTAINMENT, RECREATION, AND REFRESHMENT OF ITS MEMBERS, AND CREATE OPPORTUNITIES FOR SOCIAL INTERACTION FOR MEMBERS, THEIR GUESTS AND FAMILIIES. ACTIVITIES INCLUDE GOLF, TENNIS, SWIMMING AND DINING. 0 0 TO PROVIDE RECREATIONAL, SOCIAL AND LEISURE FACILITIES AND ACTIVITIES TO MEMBERS, THEIR FAMILIES AND THEIR GUESTS. 0 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 19 0 1 252 1 1 1 0 0 0 0 0 0 156483 234431 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 NC X KAREN CONNOR 8283285153 430 17TH AVE NW HICKORY NC 28601 SARAH WILLIS DIRECTOR 0.50 X 0 0 0 CRAIG SANDERS DIRECTOR 0.50 X 0 0 0 GILLIAN COCHRAN DIRECTOR 0.50 X 0 0 0 KEVIN MCINTOSH DIRECTOR 0.50 X 0 0 0 STEVE BOWMAN DIRECTOR 0.50 X 0 0 0 KRISTINE HUTTON DIRECTOR 0.50 X 0 0 0 BUSTER MANN DIRECTOR 0.50 X 0 0 0 BILLY TRUITT DIRECTOR 0.50 X 0 0 0 BARBARA HAEME DIRECTOR 0.50 X 0 0 0 JEFFREY GNIADEK TREASURER 0.50 X X 0 0 0 ROM TEAGUE VICE-PRESIDENT 0.50 X X 0 0 0 RACHEL NICHOLS PRESIDENT 0.50 X X 0 0 0 KENNETH CHURCH GENERAL MANAGER 40.00 X 145909 0 49548 CHARLES GARNETT DIRECTOR OF TENNIS 40.00 X 190996 0 14425 BRIAN REPPART DIRECTOR OF GOLF AND CS OP 40.00 X 127243 0 9529 CANDAS BROWN DINING OPERATIONS MANAGER 40.00 X 79173 0 6857 KAREN CONNER CONTROLLER 40.00 X 78178 0 13050 621499 0 93409 3 0 1 0 DAVID E LOOPER AND CO 320 15TH ST SE HICKORY NC 28602 RESTAURANT RENOVATIONS 749738 LANDSCAPES UNLIMITED LLC 1201 ARIES DR LINCOLNTON NE 68512 BUNKER RENOVATIONS 346514 BILL LOVE GRADING INC 2108 EMMANUEL CHURCH RD CONOVER NC 28613 SINK HOLE / GOLF COURSE REPAIR 102400 3 188203 188203 188203 MEMBERSHIP DUES 713910 3282292 3282292 GOLF INCOME 713910 693507 637424 56083 INITIATION FEES 713910 156483 156483 4132282 5400 0 5400 5400 5400 2786903 1059174 1727729 1617163 110566 FINES - DELINQUENT ACCT 713910 39226 39226 39226 6092840 5732588 166649 5400 X 714908 2397132 24798 274665 23177 30325 19199 6465 88227 491580 274494 OPERATING SUPPLIES 347133 UTILITIES 300635 LEASE OF EQUIPMENT 274132 REPAIRS AND MAINTENANCE 176622 603378 6046870 2111739 787829 613009 706182 271985 317105 54681 74875 18530583 13856751 3507264 4673832 703140 6558678 7262963 563949 564248 3949416 4551775 250389 268115 4763754 5384138 X 411100 414300 4549945 4571984 -3166121 -3107459 1794924 1878825 6558678 7262963 X 45970 37931 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 153291 153291 8096332 6104754 1991578 5929761 4471128 1458633 4351199 3280869 1070330 4673832 OPERATING LEASE RIGHT-OF-USE 703140 C 703140 DUES & FEES COLLECTED IN ADVANCE 268115 268115 X 6092840 0 6092840 0 6092840 6046870 0 6046870 0 6046870 PART X, LINE 2: THE ORGANIZATION HAS IMPLEMENTED THE NEW ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF THE END OF THE CURRENT AND PRIOR YEAR, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AND RECOGNIZED NO SUCH INTEREST OR PENALTIES DURING THESE YEARS. X 0 0 X X 0 0 0 CHARLES GARNETT DIRECTOR OF TENNIS 57402 0 133594 0 0 0 0 0 14425 0 205421 0 0 0 KENNETH CHURCH GENERAL MANAGER 139813 0 6096 0 0 0 0 0 49548 0 195457 0 0 0 PART I, LINE 1A THE GENERAL MANAGER RECEIVES A MONTHLY BUSINESS ALLOWANCE FOR CELL PHONE, MEALS, AND TRAVEL. HE IS THE ONLY LISTED PERSON WHO RECEIVES THIS BENEFIT. PART I, LINE 3 THE BOD'S DETERMINE THE SALARY AND ALLOWANCES FOR THE GENERAL MANAGER. THE GENERAL MANAGER AND COMPENSATION COMMITTEE DETERMINE THE SALARY FOR MANAGERS AND KEY EMPLOYEES. X 1 188203 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 LAKE HICKORY COUNTRY CLUB IS COMPRISED OF MEMBERS THAT PAY ANNUAL MEMBERSHIP DUES IN ORDER TO BE MEMBERS OF THE COUNTRY CLUB FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BODY IS ELECTED BY THE MEMBERS OF THE COUNTRY CLUB FOR VARIOUS LENGTHS OF SERVICE FORM 990, PART VI, SECTION A, LINE 7B THE MAJOR DECISIONS OF THE GOVERNING BODY MUST BE APPROVED BY A VOTE FROM THE COLLECTIVE MEMBERSHIP OF THE COUNTRY CLUB. FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER REVIEWS THE 990 AND SENDS TO THE GENERAL MANAGER AND BOARD OF DIRECTORS PRESIDENT FOR APPROVAL AND SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C AFTER ANNUAL STOCKHOLDER'S MEETING EACH BOARD MEMBER IS REQUIRED TO READ AND SIGN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINE SALARY AND ADJUSTMENTS FOR GENERAL MANAGER. THE GENERAL MANAGER AND COMPENSATION COMMITTEE DETERMINE SALARY FOR MANAGERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 WHEN REQUESTED, COPIES ARE PROVIDED FOR INSPECTION FORM 990, PART IX, LINE 24E MISCELLANEOUS 153,294. MEMBERSHIP INCENTIVE 114,614. PROPERTY TAXES 111,000. EMPLOYEE MEALS AND UNIFORMS 68,620. FUEL 40,293. LEASE OF KITCHEN EQUIPMENT 38,092. LANDSCAPING 27,326. TELEPHONE 21,186. OTHER TAXES AND LICENSES 11,999. ENTERTAINMENT 10,909. LAUNDRY 6,045. FORM 990, PART XI, LINE 9: ADDITIONAL MEMBERSHIP ISSUANCES AND DEPOSITS ON MEMBERSHIPS 36,008. OTHER DIFFERENCE 1,923. FORM 990, PART XII, LINE 2C PROCESS HAS NOT CHANGED SINCE PRIOR YEAR