2024-09-06T12:45:33-05:00 2023-12-31 472427769 H&CO LLP 1692 W HIBISCUS BLVD MELBOURNE FL 32901 990 2023-01-01 593036758 SUNTREE COUNTRY CLUB INC SUNT 3212426230 300 COUNTRY CLUB DRIVE MELBOURNE FL 32940 PHIL SCHLATTER PRESIDENT 3212426230 2024-09-06 1 1 RICHARD SUTTER CPA P00265703 3217233352 2023 2024-08-08 14:25:15Z PHIL SCHLATTER 300 COUNTRY CLUB DRIVE MELBOURNE FL 32940 13312533 0 X WWW.SUNTREE.COM X 1990 FL SUNTREE COUNTRY CLUB IS A SOCIAL CLUB FORMED FOR THE EXEMPT PURPOSE TO PROMOTE SOCIAL INTERACTIONS OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES 7 7 265 0 418603 34150 0 0 8185227 9370882 -10197 14622 -756800 -421996 7418230 8963508 0 0 0 0 2829463 3375468 0 0 0 3934750 4393979 6764213 7769447 654017 1194061 20168366 20961250 9937988 9479531 10230378 11481719 SUNTREE COUNTRY CLUB IS A SOCIAL CLUB FORMED FOR THE EXEMPT PURPOSE TO PROMOTE SOCIAL INTERACTIONS OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB HAS TWO 18 HOLE GOLF COURSES. TOTAL ROUNDS OF GOLF PLAYED FOR THE YEAR ENDED 12/31/2023 WERE 66,120, OF WHICH 6,719 WERE NON-MEMBER RELATED. REVENUE GENERATED SPECIFICALLY BY THE GOLF COURSES FOR THE YEAR ENDED 12/31/2023 WAS $2,186,191, OF WHICH $317,970 WAS NON-MEMBER RELATED. GROSS RESTAURANT RELATED REVENUE FOR THE YEAR ENDED 12/31/2023 WAS $3,293,372 OF WHICH $377,921 WAS NON-MEMBER RELATED. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 265 1 1 1 0 0 0 0 2826867 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X CINDY PARR 3212426230 300 COUNTRY CLUB DRIVE MELBOURNE FL 32940 X PHIL SCHLATTER PRESIDENT 11.00 X X 0 0 0 DAVID LEWIS VICE PRESIDENT 11.00 X X 0 0 0 PATRICK WATERS SECRETARY 11.00 X X 0 0 0 TODD STIRTZINGER TREASURER 11.00 X X 0 0 0 DON MYERS DIRECTOR 11.00 X 0 0 0 ROBERT LATTIG DIRECTOR 11.00 X 0 0 0 GEORGE GELETKO DIRECTOR 11.00 X 0 0 0 STEVE LAMONTAGNE GENERAL MANAGER 40.00 X 215482 0 16430 CYNTHIA PARR FINANCE DIRECTOR 40.00 X 136670 0 8387 JON COCKERHAM GOLF COURSE SUPERINTENDENT 40.00 X 130224 0 11894 JAMES TILLS DIRECTOR OF FOOD & BEVERAGE 40.00 X 126897 0 7547 MIKE JOHNSON DIRECTOR OF GOLF 40.00 X 137885 0 9633 CLAUDIA SANTOS TENNIS FACILITIES MANAGER 40.00 X 103432 0 3386 850590 0 57277 6 0 1 0 THOMAS KNIGHTS 1540 TALLAMORE LANE MELBOURNE FL 32940 134690 PAUL DAVIS 1437 PINEAPPLE AVE 403 MELBOURNE FL 32935 131050 2 MEMBERSHIP DUES 713940 7223932 7223932 GOLF OPERATIONS 713910 1123689 945007 178682 GOLF CART RENTAL 713910 783407 644119 139288 ACTIVITY FEES 713940 121506 27098 94408 OTHER CLUB REVENUE 713940 93152 93152 25196 25196 9370882 35150 35150 20528 -20528 -20528 -20528 3890438 4328497 -438059 -409134 -28925 MEMBER FINANCING 522220 16063 16063 16063 8963508 8544905 418603 0 850590 1620504 53744 432328 418302 89932 34480 76521 23948 352005 224 300183 1076587 253892 GOLF COURSE MAINTENANCE 1133310 GOLF OPERATIONS EXPENSE 345946 ADMINISTRATIVE EXPENSES 281147 PROPERTY TAX 131015 294789 7769447 1352015 136941 1709878 1116847 1231336 434084 562607 200418 209273 26456514 9836714 16790432 16619800 3525 3525 271045 487890 20168366 20961250 1045988 1153091 1349717 1280578 7256230 6884005 286053 161857 9937988 9479531 X 10229031 11481719 1347 0 10230378 11481719 20168366 20961250 X 1194061 57280 X 0 1 X 1 0 2570000 2570000 11579628 2844462 8735166 8834007 5069350 3764657 3407657 1883770 1523777 65222 39132 26200 16619800 FINANCING LEASE OBLIGATIONS 17027 OPERATING LEASE OBLIGATIONS 144830 161857 X 13312533 4349025 4349025 8963508 0 8963508 12118472 4349025 4349025 7769447 0 7769447 PART X, LINE 2: THE CLUB IS A NOT-FOR-PROFIT ORGANIZATION WHICH IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE, EXCEPT FOR ANY TAXABLE INCOME FROM ACTIVITIES NOT RELATED TO ITS EXEMPT FUNCTION. NO PROVISION HAS BEEN MADE FOR INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2023. FASB ASC 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE OF THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MANAGEMENT EVALUATES THE CLUB'S TAX POSITIONS ON AN ANNUAL BASIS FOR ANY UNCERTAIN POSITIONS, BOTH PAST AND CURRENT. IF MANAGEMENT DETERMINES THAT A PAST OR CURRENT TAX POSITION IS UNCERTAIN THEN A VALUATION ALLOWANCE IS CALCULATED. AS OF DECEMBER 31, 2023, MANAGEMENT HAS DETERMINED THAT A VALUATION ALLOWANCE WAS NOT NECESSARY FOR ANY PAST OR CURRENT TAX POSITIONS. TAX YEARS ENDED DECEMBER 31, 2020 THROUGH 2023 REMAIN SUBJECT TO POSSIBLE EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: COS REPORTED AS REDUCTION OF REVENUE 4,328,497. LOSS OF DISPOSAL OF ASSET 20,528. PART XII, LINE 2D - OTHER ADJUSTMENTS: REVENUE REPORTED NET OF COS 4,328,497. LOSS OF DISPOSAL OF ASSET 20,528. X 0 0 0 STEVE LAMONTAGNE GENERAL MANAGER 176581 0 38901 0 0 0 6464 0 9966 0 231912 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THE FOLLOWING CLASSES OF MEMBERS: 1. EQUITY MEMBERS: INDIVIDUALS WHO HAVE AN INTEREST IN THE ORGANIZATION'S MISSION AND ACTIVITIES. EQUITY MEMBERS ARE ELIGIBLE TO PARTICIPATE IN ALL GENERAL MEETINGS AND HAVE VOTING RIGHTS. THEIR MEMBERSHIP IS CONTINUOUS AND NOT RENEWED ANNUALLY. 2. NON-EQUITY MEMBERS: NON-EQUITY MEMBERS RECEIVE UPDATES AND NEWSLETTERS BUT DO NOT HAVE VOTING RIGHTS AND THEIR MEMBERSHIP IS RENEWED ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION A, LINE 7A THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: GOLF, TENNIS AND SOCIAL. GOLF MEMBERS RECEIVE 8 VOTES, TENNIS MEMBERS RECEIVE 2 VOTES AND SOCIAL MEMBERS RECEIVE 1 VOTE. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS SUBJECT TO APPROVAL OF MEMBERS CHANGES TO THE BYLAWS OR MEMBERSHIP CATEGORIES REQUIRE THE APPROVAL OF THE EQUITY MEMBERS ELEGIBLE TO VOTE. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS IMPLEMENTED THE FOLLOWING PROCEDURES TO ADDRESS POTENTIAL CONFLICTS OF INTEREST: 1. CONFLICT OF INTEREST POLICY: ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY REVIEW AND SIGN A CONFLICT OF INTEREST POLICY. THIS POLICY OUTLINES WHAT CONSTITUTES A CONFLICT OF INTEREST AND PROVIDES GUIDANCE ON HOW TO DISCLOSE AND MANAGE SUCH CONFLICTS. 2. DISCLOSURE STATEMENTS: BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES MUST COMPLETE AND SUBMIT A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. THIS STATEMENT REQUIRES INDIVIDUALS TO DISCLOSE ANY FINANCIAL INTERESTS OR OTHER POTENTIAL CONFLICTS THAT MAY AFFECT THEIR DECISION-MAKING FOR THE ORGANIZATION. 3. REVIEW PROCESS: THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS SUCH ITEMS ANNUALLY. 4. DOCUMENTATION AND REPORTING: ALL CONFLICTS OF INTEREST AND ACTIONS TAKEN TO ADDRESS THEM ARE DOCUMENTED IN THE MINUTES OF THE BOARD OR COMMITTEE MEETINGS. THE BOARD REVIEWS THESE RECORDS PERIODICALLY TO ENSURE THAT CONFLICTS ARE MANAGED APPROPRIATELY. 5. TRAINING AND EDUCATION: THE ORGANIZATION PROVIDES TRAINING TO ALL RELEVANT INDIVIDUALS ON THE IMPORTANCE OF CONFLICT OF INTEREST POLICIES AND PROCEDURES TO ENSURE AWARENESS AND COMPLIANCE. THESE PROCEDURES HELP MAINTAIN TRANSPARENCY AND ACCOUNTABILITY WITHIN THE ORGANIZATION, ENSURING THAT DECISIONS ARE MADE IN THE BEST INTEREST OF THE ORGANIZATION AND ITS MISSION. FORM 990, PART VI, SECTION B, LINE 15 THE GENERAL MANAGER'S CONTRACT IS RENEWED ANNUALLY BY THE BOARD OF DIRECTORS, WHICH INCLUDES THE COMPENSATION PACKAGE. COMPENSATION LEVELS ARE DETERMINED THROUGH THE USE OF COMPARABLE DATA FROM OTHER SIMILAR COUNTRY CLUBS. THE CONTRACT IS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND THROUGH INSPECTION AT THE CLUB. FORM 990, PART XI, LINE 9: MEMBERSHIP CERTIFICATES ISSUED 59,200. MEMBERSHIP CERTIFICATES REDEEMED -1,920.