2023-01-25T10:21:56-06:00 2021-12-31 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 700 WEST PALM BEACH FL 33401 990 2021-01-01 570868425 DATAW ISLAND CLUB INC DATA 8438388434 PO BOX 819 BEAUFORT SC 29901 LORI MURDAUGH ASST. GM/CONTROLLER 8438388434 2022-12-06 1 LORI MURDAUGH 999009999 CHRISTOPHER CECIL P01877773 5616971785 2022-12-06 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z NANCY PAIN PO BOX 819 BEAUFORT SC 29901 9582232 0 X WWW.DATAW.ORG X 1987 SC TO BIND ITS MEMBERS TOGETHER BY A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 9 9 192 225 460467 5208 0 463966 6309654 6956337 64318 27685 777499 1077284 7151471 8525272 0 0 0 0 3803712 3854566 0 0 0 4417595 4784309 8221307 8638875 -1069836 -113603 25007586 27067751 2706304 1768597 22301282 25299154 DATAW ISLAND CLUB, INC. IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE INTERACTION OF MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB'S REVENUE FROM FOOD & BEVERAGE SALES TOTALED $2,025,232 FOR THE YEAR ENDED 12/31/21, OF WHICH $81,202 WAS NON-MEMBER RELATED. APPROXIMATELY 58,719 ROUNDS OF GOLF WERE PLAYED FOR THE YEAR ENDED 12/31/21, OF WHICH APPROXIMATELY 7,788 ROUNDS WERE 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 1 100 0 1 192 1 1 1 0 0 0 1 1 0 473881 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 0 0 SC X MS LORI MURDAUGH 8438388434 PO BOX 819 BEAUFORT SC 29901 BILL WEBER PRESIDENT (THROUGH 2/21) 18.00 X X 0 0 0 NANCY PAIN DIRECTOR (THROUGH 2/21)/VICE PRESIDENT 11.00 X X 0 0 0 TERRY GIFFEN VICE PRESIDENT (THROUGH 2/21)/PRESIDENT 17.00 X X 0 0 0 DALE GOODRICH TREASURER (THROUGH 2/21) 10.00 X X 0 0 0 MARILYN HARRIS SECRETARY (THROUGH 2/21) 8.00 X X 0 0 0 SYLVIA BAILEY DIRECTOR 10.00 X 0 0 0 PHIL MARSHALL DIRECTOR (THROUGH 2/21)/SECRETARY 14.00 X X 0 0 0 JIM KLEIN DIRECTOR 9.00 X 0 0 0 STEVE BIERITZ DIRECTOR (AS OF 2/21) 6.00 X 0 0 0 JOHN HOAG DIRECTOR (THROUGH 2/21)/TREASURER 12.00 X X 0 0 0 HENRY DUNNENBERGER DIRECTOR (AS OF 2/21) 6.00 X 0 0 0 EDWARD BARTLETT GENERAL MANAGER/ COO 55.00 X 256087 0 14843 LORI MURDAUGH ASST. GM/CONTROLLER 50.00 X 127800 0 10731 BRIAN HOLLINGSWORTH DIRECTOR OF GOLF MAINTENANCE 50.00 X 123085 0 13245 LAURA MCCARTHY DIRECTOR OF MARKETING AND COMMUNICATIONS 50.00 X 100242 0 10595 MATTHEW FELIX CLUBHOUSE MANAGER 50.00 X 114118 0 13317 WARREN FLORENCE DIRECTOR OF TENNIS AND LAWN SPORTS 50.00 X 109394 0 12834 830726 0 75565 6 0 1 0 MCGRIFF INSURANCE SERVICES 150 WALL STREET PAWLEYS ISLAND SC 29585 INSURANCE POLICIES 308813 CAROLINA SPORTSCARE 43 MARINA DRIVE DATAW ISLAND SC 29920 COMMUNITY CENTER OPERATIONS MANAGEMENT 261132 2 463966 463966 MEMBERSHIP DUES AND ASSESSMENTS 713910 5594552 5594552 GOLF 713910 1035494 934221 101273 GREENSPACE FEES 713910 258000 258000 TENNIS, SWIMMING, CROQUET 713910 68291 68291 6956337 26655 26655 28800 28800 0 10653 9623 1030 1030 1030 2025232 1018537 1006695 965562 41133 MISCELLANEOUS 713910 70589 37183 33406 70589 8525272 7599809 460467 1030 2870532 984034 128083 67430 1348946 266993 GOLF COURSE MAINTENANCE 1165814 TENNIS, SWIMMING, & FIT 513936 FACILITIES & POOL MAINT 406160 FOOD & BEVERAGE 399518 487429 8638875 2121092 952521 2864105 5671992 351198 471958 78211 74493 193502 214220 33413883 14616304 19153018 18797579 205538 40922 884988 25007586 27067751 412322 500332 38009 58189 2255973 1210076 2706304 1768597 X 22301282 25299154 22301282 25299154 25007586 27067751 X -113603 3111475 X X 0 1 X 1 0 1586920 1586920 28290053 13000191 15289862 3516865 1616113 1900752 20045 20045 18797579 LONG-TERM DEBT 1162119 DEFERRED COMPENSATION 47957 1210076 X 9572609 0 9572609 -1047337 -1047337 8525272 9686212 1047337 1047337 8638875 0 8638875 PART X, LINE 2: THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENT TO COMPLY WITH THE PROVISIONS OF THE INCOME TAX TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC). PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF SALES RECLASS -1,018,537. RENTAL EXPENSE -28,800. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES RECLASS 1,018,537. RENTAL EXPENSE 28,800. X X X 0 0 0 EDWARD BARTLETT GENERAL MANAGER/ COO 189142 0 35000 0 31945 0 5340 0 9503 0 270930 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 DATAW ISLAND CLUB, INC. IS A PRIVATE MEMBER-OWNED CLUB THAT IS OWNED AND OPERATED FOR THE PLEASURE AND RECREATION OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ALL RESIDENT MEMBERS HAVE VOTING PRIVILEGES (1 VOTE PER FAMILY). FORM 990, PART VI, SECTION A, LINE 7B THE BOARD IS SUBJECT TO MEMBERSHIP APPROVAL FOR THE FOLLOWING: (1) ANY AMENDMENT, ALTERATION, MODIFICATION, REPEAL OR RESTATEMENT OF THE BYLAWS (2) MORTGAGING OF ANY OF THE FACILITIES, (3) THE COMMITMENT TO ANY CAPITAL IMPROVEMENT PROJECT BUDGETED IN EXCESS OF $250,000, (4) THE INCURRING OF ANY UNSECURED BORROWINGS IN EXCESS OF $150,000, (5) THE MERGER WITH, OR ACQUISITION OF, ANY CORPORATION OR ENTITY, AND (6) THE DISSOLUTION OF THE CLUB. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BOARD REVIEW FORM 990 AND THE RELATED SCHEDULES WITH ITS OUTSIDE CPA PREPARERS PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE CONFLICT OF INTEREST STATEMENTS AND DISCLOSURE FORMS ARE REQUIRED TO BE SIGNED BY ALL MEMBERS OF THE BOARD. ALL MANAGEMENT STAFF ARE REQUIRED TO SIGN CONFLICT OF INTEREST POLICY ANNUALLY. A WHISTLEBLOWER POLICY WAS IMPLEMENTED TO HELP ENFORCE CONFLICT OF INTERESTS. ADDITIONALLY, THE CLUB HAS A POLICY AGAINST DOING BUSINESS WITH COMPANIES OWNED BY A MEMBER. IN BOARD MEETINGS A BOARD MEMBER WOULD HAVE TO RECUSE THEMSELVES IF A CONFLICT IS KNOWN. IF THE CONFLICT WAS REPORTED ON THE CONFLICT OF INTEREST STATEMENT, THE MANAGEMENT STAFF AND BOARD WOULD MONITOR TO ENSURE THE BOARD MEMBER RECUSES THEMSELVES DURING CERTAIN DISCUSSIONS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION STUDIES, INDUSTRY STUDIES & EMPLOYMENT CONTRACT AGREEMENTS ARE USED IN DETERMINATION AND DOCUMENTATION OF COMPENSATION. THE BOARD REVIEWS THE PERFORMANCE OF THE GENERAL MANAGER AND DETERMINES COMPENSATION BASED ON BUDGET PARAMETERS, PERFORMANCE AND COMPARISON OF GENERAL MANAGERS LOCALLY AND REGIONALLY. THE GENERAL MANAGER REVIEWS PERFORMANCE OF ALL SENIOR STAFF AND GIVES INCREASED COMPENSATION BASED ON THE PREVIOUSLY STATED PROCEDURE. THE GENERAL MANAGER APPROVES ALL SALARIED AND HOURLY INCREASES. FORM 990, PART VI, SECTION C, LINE 18 THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB PROVIDES COPIES OF ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS VIA THE CLUB'S WEBSITE AND UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT MADE PUBLIC. FORM 990, PART XI, LINE 9: CAPITAL DUES AND ASSESSMENTS 1,202,975. PROCEEDS FROM MEMBERSHIP CERTIFICATES 2,166,100. REDEMPTION OF MEMBERSHIP CERTIFICATES -257,600. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR.