PORT ROYAL CLUB INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- PORT ROYAL CLUB INC (EIN 59-0876282)
- Tax period
- 2022-08-01 to 2023-07-31
- Filed
- 2024-06-17
- IRS object ID
- 202401699349301465
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-06-17T13:29:06-05:00 | ReturnTs |
| Tax Period End | 2023-07-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 592840381 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHILLIPS FELDMAN GROUP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 LAUREL OAK DRIVE SUITE 303 | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 341082764 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-08-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 590876282 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PORT ROYAL CLUB INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PORT | BusinessNameControlTxt |
| Phone | 2392617615 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 GORDON DRIVE | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BETHANY BOHALL | PersonNm |
| Person Title | INTERIM CFO | PersonTitleTxt |
| Phone | 2392617615 | PhoneNum |
| Signature | 2024-06-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BETHANY | PersonFirstNm |
| Person Last | BOHALL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | NATHAN A PHILLIPS CPA | PreparerPersonNm |
| PTIN | P00189856 | PTIN |
| Phone | 2395661600 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JEFF HARTIGAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 GORDON DRIVE | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $67,480,294 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.PORTROYALCLUB.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1959 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | THE PORT ROYAL CLUB WAS ESTABLISHED IN 1959. IT IS A PRIVATE BEACH CLUB OFFERING DINING, FITNESS, SWIMMING AND SOCIAL SERVICES FOR ITS MEMBERS. PORT ROYAL PROPERTY OWNERSHIP IS REQUIRED FOR MEMBERSHIP. THE CLUB IS OPEN FROM MID-AUGUST TO MID-JULY, WHEN IT CLOSES FOR A MONTH. | ActivityOrMissionDesc |
| Contract Termination | Yes (X) | ContractTerminationInd |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 183 | TotalEmployeeCnt |
| Total Volunteers | 13 | TotalVolunteersCnt |
| Total Gross UBI | $1,027,672 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $820,120 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,534,276 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,014,943 | CYProgramServiceRevenueAmt |
| PY Investment Income | $398,365 | PYInvestmentIncomeAmt |
| CY Investment Income | -$11,864,305 | CYInvestmentIncomeAmt |
| PY Other Revenue | $10,508,576 | PYOtherRevenueAmt |
| CY Other Revenue | $34,684,649 | CYOtherRevenueAmt |
| PY Total Revenue | $18,441,217 | PYTotalRevenueAmt |
| CY Total Revenue | $31,835,287 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $8,824,254 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,894,772 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,641,008 | PYOtherExpensesAmt |
| CY Other Expenses | $8,756,990 | CYOtherExpensesAmt |
| PY Total Expenses | $16,465,262 | PYTotalExpensesAmt |
| CY Total Expenses | $12,651,762 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,975,955 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $19,183,525 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $59,906,964 | TotalAssetsBOYAmt |
| Total Assets EOY | $74,410,136 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $13,010,466 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,023,523 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $46,896,498 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $65,386,613 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF THE PORT ROYAL CLUB IS TO BE AN OUTSTANDING FAMILY BEACH CLUB WITH EXCELLENT FACILITIES FOR DINING, TENNIS, SWIMMING AND FITNESS, WHICH MEMBERS WILL BE PROUD TO USE FOR THEIR PERSONAL AND ENTERTAINMENT NEEDS. MANAGEMENT WILL STRIVE FOR EXCELLENCE IN ALL ASPECTS OF CLUB OFFERINGS IN A FISCALLY RESPONSIBLE MANNER.THE PORT ROYAL CLUB WAS ESTABLISHED IN 1959 AND IS A PRIVATE BEACH CLUB. PORT ROYAL PROPERTY OWNERSHIP IS REQUIRED FOR MEMBERSHIP. THE CLUB IS OPEN FROM MID-AUGUST TO MID-JULY, WHEN IT CLOSES FOR A MONTH.INITIATION FEE: $250,000 PLUS FL STATE SALES TAX (DUE UPON APPLICATION FOR MEMBERSHIP)ANNUAL DUES: $13,030 PLUS FL STATE SALES TAX (PRO-RATED FROM DATE MEMBERSHIP APPLICATION IS RECEIVED FOR FISCAL YEAR ENDING JULY 31) | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | THE PORT ROYAL CLUB (PRC) IS A PRIVATE BEACH CLUB OFFERING DINING, FITNESS, SWIMMING, AND SOCIAL FACILITIES FOR ITS MEMBERS. THE CLUB IS NORMALLY OPEN FROM MID-AUGUST UNTIL MID JULY, WHEN IT CLOSES FOR A MONTH. THE PORT ROYAL CLUBHOUSE WAS SEVERELY DAMAGED IN HURRICANE IAN IN SEPTEMBER 2022. THE CLUB'S DINING FACILITIES HAVE BEEN OPERATING VIA VARIOUS TEMPORARY SET-UPS, INCLUDING A DINING TENT AND FOOD TRUCKS. WHEN THE NEW CLUBHOUSE OPENS, THE CLUB WILL RESUME NORMAL OPERATIONS, WITH MODIFICATIONS AS NEEDED TO ACCOMMODATE THE NEW BUILDING. UNDER NORMAL CIRCUMSTANCES:THE WELCOME BACK PARTY IN NOVEMBER WELCOMES MEMBERS WHEN THEY COME INTO TOWN BRINGING THEIR FAMILIES FOR THE SEASON.OTHER PARTIES ARE PREPARED TO CELEBRATE IMPORTANT DATES, SUCH AS HALLOWEEN, THANKSGIVING, CHRISTMAS, NEW YEAR'S EVE, SUPER BOWL, VALENTINE'S DAY, EASTER, MEMORIAL DAY AND INDEPENDENCE DAY. A CONTINENTAL BREAKFAST IS OFFERED EVERY MORNING FROM 7:30 TO 10 A.M., EXCEPT ON MONDAYS, NOVEMBER THRU MAY.PRC ALSO OFFERS A LA CARTE LUNCH (12-3 P.M.) AND DINNER (5-9 P.M.) TUESDAY THROUGH SATURDAY, CLOSED SUNDAY EVENINGS MAY TO NOVEMBER. MANY FRIDAY NIGHTS IN SEASON, AT THE MAIN DINING ROOM, THERE IS A SEAFOOD BUFFET, AND TO FINISH THE WEEKEND, THERE IS A SUNDAY BRUNCH AND SUNDAY SUNSET DINNER.THE CLUB CAN ACCOMMODATE UP TO 300 PEOPLE FOR PRIVATE PARTIES INCLUDING BIRTHDAYS, WEDDINGS, CHRISTMAS PARTIES.THE PORT ROYAL CLUB HAS A FITNESS CENTER ACROSS THE STREET FROM THE CLUBHOUSE. AMENITIES INCLUDE: TECHNOGYM EQUIPMENT - AMONG THE FINEST IN THE WORLD, PERSONAL TRAINING, PILATES AND AEROBICS ROOMS. THE MEMBERS CAN ALSO MAKE APPOINTMENTS FOR MASSAGE AND FACIAL TREATMENTS.ALONG WITH THE FITNESS FACILITIES THERE ARE NINE HYDRO-GRID TENNIS COURTS AND A PRO SHOP. | Desc |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | Yes (1) | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 69 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 183 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (1) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (1) | NondeductibleContriDisclInd |
| Initiation Fees And Cap Contri | $3,662,500 | InitiationFeesAndCapContriAmt |
| Gross Receipts For Public Use | $302,313 | GrossReceiptsForPublicUseAmt |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFF HARTIGAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2392617615 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2900 GORDON DRIVE | AddressLine1Txt |
| City | NAPLES | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 34102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|
| EDWARD RORER | |||||||||
| PRESIDENT | 15.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL MCGAVICK | |||||||||
| 1ST VICE PRESIDENT | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| STEPHEN TEAFORD | |||||||||
| 2ND VICE PRESIDENT | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| NANCY CARLSON | |||||||||
| TREASURER | 15.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |||
| PAUL COULOMBE | |||||||||
| DIRECTOR | 10.00 | Yes (X) | $0 | $0 | $0 | ||||
| FRANK HALLINAN | |||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | ||||
| ROBERT KOHLHEPP | |||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | ||||
| CECE KOONS | |||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | ||||
| HENRY SAAD | |||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | ||||
| JULIE KUKK | |||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | ||||
| CAROLE GAUNT | |||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | ||||
| SARA HAYES | |||||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | ||||
| JEFFREY HARTIGAN | |||||||||
| CHIEF OPERATING OFFICER | 40.00 | $428,344 | $0 | $4,210 | Yes (X) | ||||
| DAVID DANIOT | |||||||||
| EXECUTIVE CHEF | 40.00 | $182,660 | $0 | $4,210 | Yes (X) | ||||
| JAMES MILLET | |||||||||
| ASSISTANT GENERAL MANAGER | 40.00 | $138,869 | $0 | $6,537 | Yes (X) | ||||
| KATHLEEN HOEFT | |||||||||
| FITNESS DIRECTOR | 40.00 | $137,207 | $0 | $6,537 | Yes (X) | ||||
| FRANCO MATA | |||||||||
| TENNIS PRO | 40.00 | $143,368 | $0 | $11,433 | Yes (X) | ||||
| MICHAEL LATORA | |||||||||
| WINE STEWARD | 40.00 | $115,525 | $0 | $5,417 | Yes (X) | ||||
| LOUIS VOSLOO | |||||||||
| TENNIS DIRECTOR | 40.00 | $123,441 | $0 | $11,726 | Yes (X) | ||||
| KAREN NACCARATO | |||||||||
| FORMER CHIEF FINANCIAL OFFICER | 40.00 | $185,320 | $0 | $4,210 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,454,734 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $54,280 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| DC HOSPITALITY SOLUTIONS | |||||
| 5601 NW 5TH ST 11 | MIAMI | FL | 33126 | CONTRACT LABOR | $457,381 |
| LOCKTON COMPANIES | |||||
| 3601 SW 160TH AVE STE 200 | MIRAMAR | FL | 33027 | INSURANCE | $217,783 |
| RITZMAN COURTS | |||||
| 1215 SW 7TH COURT | CAPE CORAL | FL | 33991 | COURT REPAIR | $204,900 |
| KCI TEMPORARY KITCHENS LLC | |||||
| 3724 COOK BLVD | CHESAPEAKE | VA | 23323 | EQUIPMENT RENTAL | $157,950 |
| CHEFFY PASSIDOMO LLP | |||||
| 821 5TH AVE S | NAPLES | FL | 34102 | LEGAL SERVICES | $104,007 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| MEMBERSHIP DUES AND FEES | 900099 | $9,011,918 | $9,011,918 | |
| GUEST FEES | 900099 | $3,025 | $3,025 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,014,943 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $948,483 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $948,483 | UnrelatedBusinessRevenueAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $200 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $200 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $200 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $200 | UnrelatedBusinessRevenueAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $18,180,071 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $18,153,015 | SecuritiesAmt |
| Other | $12,839,844 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $27,056 | SecuritiesAmt |
| Other | -$12,839,844 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$12,812,788 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$12,839,844 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $27,056 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $2,170,314 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $4,652,148 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$2,481,834 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$2,349,275 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$132,559 | UnrelatedBusinessRevenueAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| INSURANCE PROCEEDS | 524298 | $31,329,536 | $31,329,536 | |
| INITIATION FEES | 900099 | $3,662,500 | $3,662,500 | |
| FITNESS SPORTS INCOME AND OTHER | 900099 | $1,340,197 | $1,249,940 | $90,257 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $834,050 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $742,840 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $91,210 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $37,166,283 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $31,835,287 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $30,807,615 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $1,027,672 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $611,208 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,618,706 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $178,623 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $243,774 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $242,461 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,906 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,315 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $203,717 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $983,350 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $782,065 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| INCOME TAX EXPENSE | $160,582 |
| HURRICANE IAN EXPENSES | $2,171,249 |
| TEMPORARY FACILITIES | $1,219,925 |
| FOOD/BEVERAGE | $692,575 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,396,306 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,651,762 | TotalAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,019,467 | BOYAmt |
| EOY | $7,532,566 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $153,639 | BOYAmt |
| EOY | $229,312 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $196,393 | BOYAmt |
| EOY | $127,188 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,061,400 | BOYAmt |
| EOY | $709,420 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $10,942,198 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,466,416 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,900,594 | BOYAmt |
| EOY | $5,475,782 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,017,597 | BOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $39,273,006 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,557,874 | BOYAmt |
| EOY | $21,062,862 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,906,964 | BOYAmt |
| EOY | $74,410,136 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,938,827 | BOYAmt |
| EOY | $1,667,520 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,848,263 | BOYAmt |
| EOY | $5,102,207 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,223,376 | BOYAmt |
| EOY | $2,253,796 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,010,466 | BOYAmt |
| EOY | $9,023,523 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,896,498 | BOYAmt |
| EOY | $65,386,613 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,896,498 | BOYAmt |
| EOY | $65,386,613 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,906,964 | BOYAmt |
| EOY | $74,410,136 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $19,183,525 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$693,410 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $178,582 | InvestmentCostOrOtherBasisAmt |
| Book Value | $178,582 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $8,004,668 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $4,078,122 | DepreciationAmt |
| Book Value | $3,926,546 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $2,758,948 | InvestmentCostOrOtherBasisAmt |
| Depreciation | $1,388,294 | DepreciationAmt |
| Book Value | $1,370,654 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,475,782 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOARD DESIGNATED EXCHANGE FUNDS | Desc |
| Book Value | $39,273,006 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $39,273,006 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| CONSTRUCTION-IN-PROGRESS | $659,460 |
| DEPOSITS AND OTHER ASSETS | $77,267 |
| INSURANCE PROCEEDS RECEIVABLE - CURRENT | $7,500,000 |
| INSURANCE PROCEEDS RECEIVABLE - LONG-TERM | $12,500,000 |
| RIGHT-OF-USE ASSETS, NET - FINANCE LEASES | $326,135 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $21,062,862 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE CAPITAL ASSESSMENTS | $459,000 |
| RESIDENT HOLDING DEPOSITS | $1,012,500 |
| FINANCE LEASE LIABILITIES | $338,375 |
| DEFERRED COMPENSATION PLAN AND EDUCATION FUND | $443,921 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,253,796 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $48,633,669 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$693,410 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $17,491,992 | OtherRevenueAmt |
| Revenue Not Reported | $16,798,582 | RevenueNotReportedAmt |
| Revenue Subtotal | $31,835,087 | RevenueSubtotalAmt |
| Other Revenues Not Included | $200 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $200 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $31,835,287 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $30,143,554 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $17,491,992 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $17,491,992 | ExpensesNotReportedAmt |
| Expenses Subtotal | $12,651,562 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $200 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $200 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $12,651,762 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 4,652,148. LOSS ON DISPOSAL OF ASSETS 12,839,844. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENTAL INCOME - PRIVATE EVENT 200. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | COST OF GOODS SOLD 4,652,148. LOSS ON DISPOSAL OF ASSETS 12,839,844. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | RENTAL INCOME - PRIVATE EVENT 200. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JEFFREY HARTIGAN | ||||||||||||||
| CHIEF OPERATING OFFICER | $355,344 | $0 | $52,500 | $0 | $20,500 | $0 | $0 | $0 | $4,210 | $0 | $432,554 | $0 | $0 | $0 |
| KAREN NACCARATO | ||||||||||||||
| FORMER CHIEF FINANCIAL OFFICER | $145,828 | $0 | $0 | $0 | $39,492 | $0 | $0 | $0 | $4,210 | $0 | $189,530 | $0 | $0 | $0 |
| DAVID DANIOT | ||||||||||||||
| EXECUTIVE CHEF | $182,660 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4,210 | $0 | $186,870 | $0 | $0 | $0 |
| FRANCO MATA | ||||||||||||||
| TENNIS PRO | $129,825 | $0 | $0 | $0 | $13,543 | $0 | $0 | $0 | $11,433 | $0 | $154,801 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | COMPENSATION FOR THE GM/COO IS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD. CFO COMPENSATION IS APPROVED BY THE GM/COO COMPARABLE BY REVIEWING COMPARABLE POSITIONS USING PUBLISHED INDUSTRY GUIDES. |
| PART I, LINE 4B | KAREN NACCARATO, CONTROLLER / CFO, SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: $13,853 |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOCKTON COMPANIES LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | CLUB MEMBER | RelationshipDescriptionTxt |
| Transaction | $217,783 | TransactionAmt |
| Transaction | LOCKTON COMPANIES, LLC PROVIDES PROPERTY / CASUALTY INSURANCE TO THE CLUB. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule N IRS990ScheduleN
Disposition Of Assets Detail DispositionOfAssetsDetail (2 entries)
| Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDesc | DistributionDistributionDt | Fair Market Value Of AssetFairMarketValueOfAssetAmt | Method Of FMV DeterminationMethodOfFMVDeterminationTxt |
|---|---|---|---|
| CLUB BUILDING, SPORTS FACILITIES, AND INTERIOR AND EXTERIOR CONTENTS. | 2022-09-28 | $22,837,806 | ACTUAL COST WITHOUT DEPRECIATION. |
| CONSTRUCTION IN PROGRESS. | 2022-09-28 | $2,202,114 | ACTUAL COST (NO DEPRECIATION/NOT IN SERVICE). |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Director Of Successor2 | 0 | DirectorOfSuccessor2Ind |
| Employee Of Successor2 | 0 | EmployeeOfSuccessor2Ind |
| Owner Of Successor2 | 0 | OwnerOfSuccessor2Ind |
| Receive Compensation2 | 0 | ReceiveCompensation2Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II LINE 1A | FormAndLineReferenceDesc |
| Explanation | 1. CLUB BUILDING, SPORTS FACILITIES, AND INTERIOR AND EXTERIOR CONTENTS WERE DESTROYED WITH CATASTROPHIC FLOODING AND RELATED IMPACTS FROM HURRICANE IAN ON SEPTEMBER 28, 2022. MASS FIXED ASSET DISPOSALS AS A RESULT OF THIS EVENT INCLUDED: BUILDING IMPROVEMENTS, KITCHEN EQUIPMENT, CLUB FURNISHINGS, SPORTS EQUIPMENT, OFFICE EQUIPMENT, VEHICLES, AND GROUNDS MAINTENANCE EQUIPMENT.2. CONSTRUCTION IN PROGRESS AS OF SEPTEMBER 28, 2022 WAS ALSO DESTROYED AS A RESULT OF HURRICANE IAN. DUE TO THE SIGNIFICANT DAMAGES DUE TO HURRICANE IAN, THERE WERE NO SALES OR TRANSFERS OF THE PROPERTY ABOVE TO ANY OTHER ENTITY, THEREFORE, NO INFORMATION IS REPORTED IN PART II, LINE 1,(E)-(G). THE TAXPAYER HAS ELECTED TO REINVEST THE INSURANCE PROCEEDS REPORTED FOR THE FISCAL YEAR ENDED JULY 31, 2023 IN NEW ASSETS UNDER SECTION 512(A)(3)(D). | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | ARTICLE IV, SECTION 1; THE CHANGE EXTENDED A DIRECTOR'S TERM OF FOUR YEARS FOR ONE ADDITIONAL YEAR UNDER CERTAIN CIRCUMSTANCES. IF A DIRECTOR IS ELECTED PRESIDENT WITH ONLY ONE YEAR LEFT IN HIS/HER TERM, THIS BY-LAW CHANGE ALLOWS THAT PERSON TO CONTINUE TO SERVE FOR AN ADDITIONAL YEAR BEYOND THE NORMAL FOUR-YEAR TERM, RESULTING IN THAT PERSON SERVING A TWO-YEAR TERM AS PRESIDENT. THE CHANGE ALSO ALLOWED A SITTING PRESIDENT TO SERVE ONE ADDITIONAL YEAR BEYOND THE NORMAL TERM AS A DIRECTOR AND AS PRESIDENT IF "EXCEPTIONAL CIRCUMSTANCES" HAVE ARISEN THAT WARRANT SUCH AN EXTENSION. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE CLUB IS A 501(C)(7) CLUB WITH MEMBERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF THE CLUB MAY ELECT MEMBERS TO THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE BOARD OF DIRECTOR'S DECISION TO SELL OR OTHERWISE ENCUMBER CLUB LAND OR REAL PROPERTY, LEVY ASSESSMENTS IN EXCESS OF $500 IN ANY FISCAL YEAR, OR DECISIONS TO ADOPT, ALTER, AMEND, OR RESCIND THE CLUB'S BY-LAWS ARE SUBJECT TO MEMBER APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE CHIEF FINANCIAL OFFICER AND GM REVIEW THE FEDERAL FORMS 990/990T AND F-1120 AND IF THEY HAVE QUESTIONS, THEY CONTACT THE PREPARER. THE RETURNS ARE THEN PRESENTED TO THE GOVERNING BODY AT A BOARD MEETING PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | MANAGEMENT STAFF COMPLETES AND SIGNS A DISCLOSURE STATEMENT INDICATING ORGANIZATIONS TO WHICH THEY ARE AFFILIATED THAT TRANSACT WITH THE CLUB. THE DISCLOSURE STATEMENT SPECIFIES THE DUTY TO DISCLOSE ANY FINANCIAL INTEREST PRIOR TO NEGOTIATING ANY PROPOSED TRANSACTION TO THE BOARD OF DIRECTORS. NEW VENDORS ARE REQUIRED TO COMPLETE A NEW VENDOR FORM WHICH IS APPROVED BY MANAGEMENT. THE CLUB'S NEW VENDOR FORM REQUESTS THE IDENTIFICATION OF POTENTIAL RELATED-PARTY SITUATIONS. IF A RELATED-PARTY SITUATION IS CREATED BY THE SELECTION OF A PARTICULAR VENDOR, THE CLUB FOLLOWS ITS ESTABLISHED POLICIES AND PROCEDURES FOR IDENTIFYING AND APPROVING SUCH RELATIONSHIPS, INCLUDING THE COMPLETION OF AN APPROVED CONFLICT OF INTEREST FORM. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS PERFORM A FORMAL REVIEW OF THE GENERAL MANAGER ANNUALLY. THE FORMAL REVIEW FORM IS DIVIDED INTO SECTIONS WITH THE REVIEWER NOTING WHETHER THE GENERAL MANAGER "EXCEEDS REQUIREMENTS, MEETS REQUIREMENTS, DOES NOT MEET REQUIREMENTS AND NO OPINION". THE REVIEWER IS ALSO ALLOWED COMMENTS FOR EACH SECTION. SECTION A EVALUATES THE END RESULTS OF THE CLUB'S ACTIVITIES THAT DIRECTLY AFFECT MEMBERS; PRC BELIEVES THE GENERAL MANAGER IS DIRECTLY OR INDIRECTLY RESPONSIBLE FOR QUALITY IN THESE AREAS. THE AREAS INCLUDE: FOOD AND BEVERAGE, PRIVATE PARTIES, CLUB EVENTS, FITNESS, TENNIS, CLUBHOUSE AND GROUNDS. THE SECOND SECTION EVALUATES OTHER IMPORTANT OPERATIONS OF THE CLUB THAT ARE MORE INTERNAL AND NOT DIRECTLY APPARENT TO MEMBERSHIP AS A WHOLE. THE GM'S INDIVIDUAL PERFORMANCE RELATIVE TO THESE ACTIVITIES ARE EVALUATED. THESE ACTIVITIES INCLUDE: PERSONNEL MANAGEMENT, MEMBER RELATIONS, BOARD RELATIONS, FINANCIAL MANAGEMENT, CONSTRUCTION MANAGEMENT. THE NEXT SECTION OF THE EVALUATION EVALUATES THE PERSONAL CHARACTERISTICS OF THE GENERAL MANAGER. THE PERSONAL CHARACTERISTICS EVALUATED INCLUDE: KNOWLEDGE OF THE CLUB, KNOWLEDGE OF CLUB MANAGEMENT, WORK ETHIC, LEADERSHIP, CANDOR, FLEXIBILITY, PROBLEM MANAGEMENT. THE LAST SECTION ALLOWS THE REVIEWER TO PROVIDE AN OPPORTUNITY FOR OVERALL EVALUATION OF THE GENERAL MANAGER. THE GENERAL MANAGER PERFORMS A FORMAL REVIEW OF THE CHIEF FINANCIAL OFFICER ANNUALLY. THE FORMAL REVIEW FORM IS DIVIDED INTO EVALUATION TOPICS (QUANTITY OF WORK, QUALITY OF WORK, PUNCTUALITY OF WORK, INITIATIVE, CREATIVITY AND JUDGMENT, COMMITMENT TO THE CLUB'S GOALS, ABILITY TO WORK WITH OTHERS, RESPONSIVENESS TO SUPERVISION, COMPLIANCE WITH CLUB POLICY AND PRACTICES AND OVERALL PERFORMANCE). FOR EACH EVALUATION TOPIC, THE GENERAL MANAGER REVIEWS THE CHIEF FINANCIAL OFFICER USING A SLIDING RATING SCALE OF A THROUGH E RATINGS. THEN THE GENERAL MANAGER MAY COMMENT AND MAKE SUGGESTIONS, AS NEEDED. AT THE END OF THE EVALUATION, THE GENERAL MANAGER NOTES ANY ADDITIONAL COMMENTS, PRIMARY AREAS OF FUTURE FOCUS FOR THE CHIEF FINANCIAL OFFICER. THERE ARE ALSO SECTIONS FOR COMMENTS ON SUPERVISOR'S COMMENTS, AREAS FOR IMPROVEMENT AND EMPLOYEE COMMENTS. THE FORM IS SIGNED BY BOTH THE GENERAL MANAGER AND CHIEF FINANCIAL OFFICER. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS ARE PUBLISHED IN PRC'S MEMBER DIRECTORY BOOK AND DISTRIBUTED TO EACH MEMBER EVERY YEAR AS WELL AS POSTED ON THE PRC WEBSITE (WWW.PORTROYALCLUB.ORG). FINANCIAL STATEMENTS AND CLUB POLICIES ARE AVAILABLE FOR MEMBERS UPON REQUEST AND UPON INSPECTION AT THE CLUB. PRINTED COPIES OF FINANCIALS ARE PROVIDED FOR MEMBERS AT THE ANNUAL MEETING. THE FEDERAL FORM 990 IS AVAILABLE FOR VIEWING ON GUIDESTAR. |
| FORM 990, PART IX, LINE 24E | GROUNDS 630,259. CLUBHOUSE 599,543. SPORTS 440,297. ENTERTAINMENT 437,517. PERSONAL PROPERTY AND REAL ESTATE TAXES 195,400. MEMBERSHIP ACTIVITIES 72,483. ADMIN/GENERAL 20,807. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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