2023-08-31T16:10:25-05:00 2022-10-31 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 500 WEST PALM BEACH FL 33401 990 2021-11-01 592720777 BOCA WOODS COUNTRY CLUB ASSOCIATION INC BOCA 5614872800 10471 BOCA WOODS LANE BOCA RATON FL 33428 HAROLD SHECHTER TREASURER 5614872800 2023-08-24 1 HAROLD SHECHTER 999009999 CHRISTOPHER CECIL P01877773 5617124808 2023-08-24 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DUSTIN WHISENHUNT 10471 BOCA WOODS LANE BOCA RATON FL 33428 14276534 0 X WWW.BOCAWOODSCC.COM X 1986 FL TO BIND ITS MEMBERS TOGETHER WITH A COMMON OBJECTIVE DIRECTED AT PLEASURE AND RECREATION. 15 15 205 132 39563 0 0 0 10681622 11840214 -406754 -42569 872124 830048 11146992 12627693 0 0 0 0 7889601 8877473 0 0 0 5350780 6279485 13240381 15156958 -2093389 -2529265 28542388 31167271 5344426 7713355 23197962 23453916 BOCA WOODS COUNTRY CLUB IS A SOCIAL CLUB WHOSE EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITIES. 0 0 THE CLUB MAINTAINS AND OPERATES A 36 HOLE GOLF COURSE FOR ITS MEMBERS. TOTAL GOLF REVENUE FOR THE YEAR ENDED 10/31/22 WAS $741,013, OF WHICH $34,735 WAS NONMEMBER RELATED. THE CLUB MAINTAINS A DINING FACILITY FOR THE BENEFIT OF ITS MEMBERS. TOTAL FOOD AND BEVERAGE FOR THE YEAR ENDED 10/31/22 WAS $1,891,436, OF WHICH $7,729 WAS NONMEMBER RELATED. THE CLUB OPERATES TENNIS COURTS & AQUATIC FACILITIES FOR MEMBERS. TOTAL REVENUE GENERATED FROM TENNIS FEES FOR THE YEAR ENDING 10/31/22 WAS $34,694, OF WHICH ALL WAS 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 1 0 0 1 142 0 1 205 1 1 1 0 0 0 1 1 0 42668 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 X MURRAY ZIRMAN CONTROLLER 5614872800 10471 BOCA WOODS LANE BOCA RATON FL 33428 JOANNE DEUTSCH PRESIDENT 30.00 X X 0 0 0 STEPHEN HORWITZ 1ST VICE PRESIDENT 6.00 X X 0 0 0 DUSTIN WHISENHUNT 2ND VICE PRESIDENT 6.00 X X 0 0 0 HAROLD SCHECHTER ASST. TREASURER (THROUGH 3/22) TREASURER (AS OF 3/ 6.00 X X 0 0 0 PETER BASS TREASURER (THROUGH 3/22) ASST. TREASURER (AS OF 10.00 X X 0 0 0 BRAD PINZUR SECRETARY (THROUGH 3/22) 10.00 X X 0 0 0 LINDA STEINBERG DIRECTOR (THROUGH 3/22) SECRETARY (AS OF 3/22) 10.00 X X 0 0 0 ANNIE BERMAN DIRECTOR 6.00 X 0 0 0 LARRY GANDEL DIRECTOR (THROUGH 3/22) 6.00 X 0 0 0 ROZANNE DINATALE DIRECTOR (AS OF 3/22) 6.00 X 0 0 0 MICHAEL GOLDMAN DIRECTOR 6.00 X 0 0 0 KEN LEVINE DIRECTOR 6.00 X 0 0 0 MIKE NEALY DIRECTOR 6.00 X 0 0 0 TOM PARADISE DIRECTOR 6.00 X 0 0 0 ARLENE PRINCE DIRECTOR 6.00 X 0 0 0 BARRY SHULMAN DIRECTOR 6.00 X 0 0 0 BILL HURWITZ DIRECTOR 6.00 X 0 0 0 DAVID GOURLAY GENERAL MANAGER 58.00 X 318910 0 21394 DAVID SWEET ASSISTANT GENERAL MANAGER 58.00 X 149568 0 9559 MURRAY ZIRMAN CONTROLLER 48.00 X 155569 0 35288 JEREMY MOE GOLF PROFESSIONAL 40.00 X 166899 0 9638 RYAN CORBIN HEAD CHEF 40.00 X 150136 0 9265 MARCY GREEN PROPERTY DIRECTOR 40.00 X 135763 0 2641 KITH LIPP TENNIS PRO 40.00 X 123945 0 23568 WILLIAM HIRCHERT GOLF COURSE SUPERINTENDENT 45.00 X 274475 0 26729 1475265 0 138082 8 0 1 0 QUANTIFIED IT 560 VILLAGE BLVD SUITE 300 WEST PALM BEACH FL 33409 IT SERVICES 322876 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY 130204 PREMIER GOLF SHOPS LLC 231 SW SCALEHOUSE LOOP SUITE 203 BEND OR 97702 PRO SHOP DESIGN AND FIXURES 128583 4 MEMBER DUES & FEES 713910 10865638 10865638 GOLF CARTS/STORAGE 713910 740676 705941 34735 FITNESS 713910 198595 198595 TENNIS FEES 713910 34445 34445 LOCKER FEES 713910 860 860 11840214 393 393 4366 4366 0 15154 58116 -42962 -42962 -42962 2304508 1586359 718149 714964 3185 OTHER INCOME 713910 89967 88717 1250 DINING ROOM MINIMUM 713910 21932 21932 111899 12627693 12631092 39563 -42962 7328560 975480 573433 60638 1989264 481677 GOLF COURSE MAINTENANCE 1334076 ADMIN AND GENERAL 696199 FOOD AND BEVERAGE 569381 REPAIRS AND MAINTENANCE 254779 893471 15156958 1366565 1292684 760933 886594 214556 340621 210718 379458 49627540 21379640 25812018 28247900 177598 20014 28542388 31167271 3490578 2545997 1853848 5167358 5344426 7713355 X 23197962 23453916 23197962 23453916 28542388 31167271 X -2529265 2785219 X X 0 1 X 1 0 14955186 14955186 23856736 15072977 8783759 9981864 6306663 3675201 833754 833754 28247900 MEMBERSHIP DEPOSITS 68754 UNEARNED DUES, FEES, AND CHARGES 1667754 CURRENT MATURITIES OF CAPITAL LEASE OBLIGATION 89488 CAPITAL LEASE OBLIGATION LESS CURRENT MATURITIES 32485 LONG-TERM DEBT 3308877 5167358 X 14218418 1590725 1590725 12627693 0 12627693 16747683 1590725 1590725 15156958 0 15156958 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 STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE FASB GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 1,586,359. RENTAL EXPENSES 4,366. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES 1,586,359. RENTAL EXPENSES 4,366. X X X X 0 0 0 DAVID GOURLAY GENERAL MANAGER 284922 0 21000 0 12988 0 5800 0 15594 0 340304 0 0 0 WILLIAM HIRCHERT GOLF COURSE SUPERINTENDENT 219169 0 26806 0 28500 0 5650 0 21079 0 301204 0 0 0 MURRAY ZIRMAN CONTROLLER 143324 0 6000 0 6245 0 3123 0 32165 0 190857 0 0 0 JEREMY MOE GOLF PROFESSIONAL 144410 0 15700 0 6789 0 3394 0 6244 0 176537 0 0 0 RYAN CORBIN HEAD CHEF 132808 0 8200 0 9128 0 3043 0 6222 0 159401 0 0 0 DAVID SWEET ASSISTANT GENERAL MANAGER 127176 0 16000 0 6392 0 3196 0 6363 0 159127 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CLUB 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 THE FOLLOWING MEMBERSHIP CATEGORIES HAVE VOTING PRIVILEGES: GOLF AND SOCIAL EQUITY. FORM 990, PART VI, SECTION A, LINE 7B ALL EQUITY MEMBERS VOTE FOR THE FOLLOWING: ANNUAL BUDGET, ASSESSMENTS GREATER THAN $300 PER MEMBER, AND BY-LAW CHANGES. ALL EQUITY MEMBERS ALSO APPROVE CAPITAL PURCHASES GREATER THAN $100,000 OR A GROUP OF EXPENDITURES TOTALING $300,000 OR MORE. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION DOES NOT BELIEVE IT IS EFFECTIVE NOR EFFICIENT FOR THE ENTIRE GOVERNING BOARD TO REVIEW FORM 990 BEFORE FILING. THUS, THE GOVERNING BOARD DELEGATES THE REVIEW OF FORM 990 AND THE RELATED SCHEDULES TO THE PRESIDENT AND THE TREASURER. THE PRESIDENT AND THE TREASURER REVIEW FORM 990, IN ITS ENTIRETY, PRIOR TO THE FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE CLUB MAKES VERBAL INQUIRIES AS POTENTIAL CONFLICTS OF INTEREST ARISE. HOWEVER, NO FORMAL INVESTIGATION IS CONDUCTED. FORM 990, PART VI, SECTION B, LINE 15 THE FOLLOWING IS USED TO DETERMINE THE COMPENSATION OF THE GENERAL MANAGER AND KEY EMPLOYEES OF THE CLUB: COMPARABLE COMPENSATION DATA FOR SIMILAR QUALIFIED PERSONS IN COMPARABLE POSITIONS AT SIMILAR CLUBS, A COMPENSATION COMMITTEE COMPOSED OF FIVE BOARD MEMBERS. ALL HIRES AND CURRENT EMPLOYEES WERE ALSO COMPARED TO A SALARY SURVEY AS A BASIS FOR CALCULATING THE COMPENSATION. 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 MAKES ITS GOVERNING DOCUMENTS AVAILABLE ON THE CLUBS WEBSITE. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CAPITAL ASSESSMENTS 624,230. INITATION FEES 2,310,000. SALE OF MEMBERSHIP CERTIFICATES 184,029. REDEMPTION OF MEMBERSHIP CERTIFICATES -333,040. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR. BOCA WOODS PROPERTY OWNERS ASSOCIATION INC 10471 BOCA WOODS LANE BOCA RATON FL 33428 592139511 PROPERTY OWNERS ASSOCIATION FL N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 BOCA WOODS PROPERTY OWNERS ASSOCIATION INC Q 663000 CASH