2023-07-17T12:33:33-05:00 2023-02-28 201766527 WAUGH & GOODWIN LLP 1365 GARDEN OF THE GODS STE 150 COLORADO SPRINGS CO 80907 990 2022-03-01 840451266 COLORADO SPRINGS COUNTRY CLUB COLO 7196348851 3333 TEMPLETON GAP ROAD COLORADO SPRINGS CO 80907 DWAINE COOPER TREASURER 7196348851 2023-06-30 1 DWAINE COOPER 999009999 0 RITA F CHRISTENSEN P00290681 7195909777 2023-06-30 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z KEVIN SANGER 3333 TEMPLETON GAP ROAD COLORADO SPRINGS CO 80907 4755638 0 X WWW.CSCOUNTRYCLUB.COM X 1954 CO THE CLUB OFFERS ITS MEMBERS FULL COUNTRY CLUB FACILITIES INCLUDING GOLF, TENNIS, PICKLEBALL, SWIMMING, FITNESS, DINING, AND SOCIAL ACTIVITIES. 9 9 154 100 5329 0 254499 10710 3285180 3453114 -23011 1003 744682 -714177 4261350 2750650 0 0 0 0 2136558 1532574 0 0 0 1517172 1095580 3653730 2628154 607620 122496 6788708 6601256 1705685 1401737 5083023 5199519 TO PROVIDE GOLF, TENNIS, PICKLEBALL, SWIMMING, FITNESS, DINING, AND SOCIAL ACTIVITIES. 0 0 1686177 2734611 PROVIDING GOLF, TENNIS, PICKLEBALL, SWIMMING, FITNESS, DINING, AND SOCIAL ACTIVITIES. 1686177 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 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 7 0 1 154 1 1 1 0 0 0 0 222500 326500 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 1 0 0 0 X THE ORGANIZATION 7196348851 3333 TEMPLETON GAP ROAD COLORADO SPRINGS CO 80907 JOE ADDUCCI DIRECTOR 5.00 X 0 0 0 CARRE BISTLINE DIRECTOR 5.00 X 0 0 0 JODI DYER DIRECTOR 5.00 X 0 0 0 LANCE KOSS DIRECTOR 5.00 X 0 0 0 JEFF SECOR DIRECTOR 5.00 X 0 0 0 DAVE SCHWARTZ PRESIDENT 5.00 X X 0 0 0 BRENT SANDERS VICE PRESIDENT 5.00 X X 0 0 0 DWAINE COOPER TREASURER 5.00 X X 0 0 0 CHRISTIE SCHWANK SECRETARY 5.00 X X 0 0 0 CAROLYN FISHER FORMER SECRETARY THROUGH 10/22 5.00 X X 0 0 0 KRISTA GOODE FORMER DIRECTOR THROUGH 3/22 5.00 X 0 0 0 DEB PEARSON FORMER DIRECTOR THROUGH 10/22 5.00 X 0 0 0 KEVIN SANGER GENERAL MANAGER 60.00 X 163445 0 23630 163445 0 23630 1 0 1 0 0 10710 10710 MEMBERSHIP DUES 713910 2130074 2130074 GOLF AND AMENITIES INCOME 713910 496738 396316 100422 CAPITAL IMPROVEMENT 713910 306134 306134 DEBT SERVICE ASSESSMENTS 713910 227346 227346 INITIATION FEES 713910 222500 222500 70322 59859 10463 3453114 1003 1003 1290811 2004988 -714177 -607618 -106559 2750650 2734611 5329 0 189308 119981 69327 1147173 727066 420107 22021 13956 8065 66866 23767 43099 107206 70597 36609 3050 3050 33515 33515 37036 25035 12001 30775 3405 27370 102697 42184 60513 27207 22480 4727 161372 118486 42886 6488 3960 2528 46430 46430 217047 201998 15049 12260 4292 7968 LANDSCAPING & COURSE MA 213734 213734 REPAIRS & MAINTENANCE 147101 59217 87884 FUEL 30940 30940 MEALS & ENTERTAINMENT 11857 2980 8877 14071 2099 11972 2628154 1686177 941977 0 507188 196642 358532 462411 195997 67098 100028 116823 63940 77986 12745069 7439773 5188023 5305296 375000 375000 6788708 6601256 396482 270759 448 182 1308755 1130796 1705685 1401737 X 5083023 5199519 5083023 5199519 6788708 6601256 X 122496 -6000 X 1 X 0 1 0 2145618 2145618 4034811 2702843 1331968 5454335 4358931 1095404 1110305 377999 732306 5305296 X PART X, LINE 2: THE CLUB IS EXEMPT FROM INCOME TAX ON REVENUE GENERATED BY FEES FROM MEMBERS UNDER INTERNAL REVENUE CODE SECTION 501(C)(7). THE CLUB PAYS INCOME TAXES ON ITS INVESTMENT INCOME, LESS ANY EXPENSES INCURRED TO PRODUCE THE INCOME. THE CLUB'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, ARE SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE DATE FILED. MANAGEMENT OF THE CLUB BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. 0 0 0 KEVIN SANGER GENERAL MANAGER 143445 0 20000 0 0 0 3785 0 19845 0 187075 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE COUNTRY CLUB HAS MEMBERSHIP IN THE FOLLOWING CATEGORIES: RESIDENT, CORPORATE RESIDENT, JR. EXECUTIVE, LIFE, NON-RESIDENT, RECREATIONAL, CLUBHOUSE, SOCIAL AND OTHER. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY, AND MAY BE REMOVED BY, VOTING MEMBERS. MEMBERS WITH THE DESIGNATION RESIDENT, CORPORATE RESIDENT AND LIFE MEMBERSHIPS ARE ENTITLED TO TWO VOTES PER MEMBERSHIP. MEMBERS WITH THE DESIGNATION JUNIOR MEMBERSHIP, SOCIAL MEMBERSHIP, AND SINGLE STATUS ARE ENTITLED TO ONE VOTE PER MEMBERSHIP. ALL OTHER MEMBERS ARE NOT ENTITLED TO VOTE. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD MAY EXPEND FUNDS AS NECESSARY TO MAINTAIN, OPERATE AND IMPROVE THE FACILITIES; FOR HEALTH, SAFETY, OR TO COMPLY WITH APPLICABLE LAW; AND AS PROVIDED IN THE CLUB'S APPROVED ANNUAL BUDGET. THE BOARD SHALL NOT EXPEND FUNDS FOR ANY SINGLE NEW CAPITAL IMPROVEMENT ESTIMATED TO REQUIRE AGGREGATE PROJECT COSTS IN EXCESS OF $300,000.00 WITHOUT PRIOR AUTHORIZATION BY THE MAJORITY OF VOTES CAST BY THE VOTING MEMBERSHIPS. A SALE OR DISPOSITION OF SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE CLUB OR THE DISSOLUTION OF THE CLUB SHALL REQUIRE THE AFFIRMATIVE VOTE OF A MAJORITY OF ALL ELIGIBLE VOTING MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER SEES THAT THE FORM 990 IS PREPARED THEN REVIEWED BY THE FINANCE COMMITTEE. THE BOARD RECEIVES A COPY OF THE FORM 990 PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ADDRESS ISSUES RELATED TO THE CONFLICT OF INTEREST POLICY AT THE BOARD RETREAT AND INITIAL COMMITTEE MEETINGS. THE CONFLICT OF INTEREST POLICY IS DISCUSSED IN THE CLUB'S PRINCIPLES OF GOVERNANCE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST. INTERESTED PARTIES MAY USE THE CONTACT INFORMATION LISTED ON PART VI OF FORM 990 TO REQUEST REVIEW OF THESE RECORDS. FORM 990, PART XI, LINE 9: RETURN OF MEMBERSHIP EQUITY -6,000.