2022-02-14T13:03:27-06:00 2021-03-31 362170602 WARADY & DAVIS LLP 1717 DEERFIELD RD SUITE 300S DEERFIELD IL 60015 990 2020-04-01 361811190 THE STANDARD CLUB OF CHICAGO STAN 3124279100 320 S PLYMOUTH CHICAGO IL 60604 RICHARD M FRANKLIN TREASURER 3124279100 2022-02-14 1 RICHARD FRANKLIN 999009999 RICHARD M FRANKLIN P00029440 8472679600 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z JON LEVEY 320 S PLYMOUTH CHICAGO IL 60604 1031562 0 X WWW.STCLUB.ORG X 1869 IL PRIVATE SOCIAL CLUB PROVIDING RECREATIONAL ACTIVITIES, GUEST ROOMS, BANQUET FUNCTIONS, AND FINE DINING FOR THE BENEFIT OF ITS MEMBERS. 21 21 120 21 163819 0 0 0 5159008 686195 0 0 3021891 178064 8180899 864259 0 0 0 0 2979326 339277 0 0 0 5546410 1957340 8525736 2296617 -344837 -1432358 3108921 2532523 9024453 9880413 -5915532 -7347890 X PRIVATE SOCIAL CLUB PROVIDING RECREATIONAL ACTIVITIES, GUEST ROOMS, BANQUET FUNCTIONS, AND FINE DINING FOR THE BENEFIT OF ITS MEMBERS. 0 1 PRIVATE SOCIAL CLUB PROVIDING RECREATIONAL ACTIVITIES, GUEST ROOMS, BANQUET FUNCTIONS, AND FINE DINING FOR THE BENEFIT OF ITS MEMBERS. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 120 1 1 1 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X RICHARD FRANKLIN 3124279100 320 S PLYMOUTH CHICAGO IL 60604 X JON LEVEY PRESIDENT 5.00 X X 0 0 0 ANDREW R GELMAN SENIOR VICE PRESIDENT 5.00 X X 0 0 0 SUSAN SILVER VICE PRESIDENT 5.00 X X 0 0 0 CARLOS CARDENAS VICE PRESIDENT 5.00 X X 0 0 0 JACK BIERIG SECRETARY (THRU 3/31/2021) 5.00 X X 0 0 0 RICHARD M FRANKLIN TREASURER 5.00 X X 0 0 0 DANIEL J HYMANN ASST. TREASURER 5.00 X X 0 0 0 LISA K CLAYSON ASST. SECRETARY 5.00 X X 0 0 0 SCOTT GLAZER DIRECTOR 3.00 X 0 0 0 THOMAS C HOMBURGER DIRECTOR 3.00 X 0 0 0 JEREMY KAUFMAN DIRECTOR 3.00 X 0 0 0 JARED OLIAN DIRECTOR 3.00 X 0 0 0 DANIEL PARSOW DIRECTOR 3.00 X 0 0 0 PHYLIS TABACHNICK DIRECTOR 3.00 X 0 0 0 HOWARD DARDICK DIRECTOR 3.00 X 0 0 0 MAX SKIP SCHRAYER DIRECTOR 3.00 X 0 0 0 JONATHAN VEGOSEN DIRECTOR 3.00 X 0 0 0 BART LAZAR DIRECTOR 3.00 X 0 0 0 BLAKE ROTER DIRECTOR 3.00 X 0 0 0 GARY WOOL DIRECTOR 3.00 X 0 0 0 MIKEY MINTZ DIRECTOR 3.00 X 0 0 0 0 0 0 0 0 0 0 HOLLAND & KNIGHT 150 N RIVERSIDE PLAZA SUITE 2700 CHICAGO IL 60606 LEGAL SERVICES 122659 1 MEMBER DUES 713910 686195 686195 686195 345367 167303 178064 14245 163819 864259 700440 163819 0 339277 50287 161408 12775 212522 52038 18128 426236 26581 698 445045 234356 SUPPLIES 235151 REPAIRS & MAINTENANCE 36761 EQUIPMENT RENTAL 28882 FILING FEES 8867 7605 2296617 66521 74246 393714 146254 91155 245508 29101022 26788999 2312023 2312023 3108921 2532523 2251894 2484493 54380 41530 2677245 2509645 1887481 2178335 2153453 2666410 9024453 9880413 X -5915532 -7347890 -5915532 -7347890 3108921 2532523 -1432358 0 X 0 0 0 1151302 1151302 13988264 13102754 885510 13961456 13686245 275211 2312023 ACCRUED DEFINED BENEFIT PENSION 2630000 INTEREST SWAP OBLIGATION 36410 2666410 X PART X, LINE 2: THE CLUB IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501 (C)(7) OF THE INTERNAL REVENUE CODE. HOWEVER, UNDER THIS SECTION, INVESTMENT AND NONMEMBER INCOME, AS DEFINIED, ARE SUBJECT TO FEDERAL AND STATE TAXES AT CORPORATE RATES. AS OF MARCH 31, 2021, THE CLUB'S INCOME TAX RETURNS FOR FISCAL YEARS 2017 AND SUBSEQUENT ARE OPEN TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ("IRS"). ASC 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES," REQUIRES THAT UNCERTAIN INCOME TAX POSITIONS BE RECORDED IN THE FINANCIAL STATEMENTS AT AN AMOUNT THAT WOULD MOST LIKELY BE REALIZED ASSUMING A REVIEW BY THE TAX AUTHORITIES. MANAGEMENT HAS ASSESSED ITS INCOME TAX POSITIONS AND BELIEVES ANY POTENTIAL LIABILITY THAT MIGHT ARISE FROM A REVIEW BY TAX AUTHORITIES WOULD BE IMMANTERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. FORM 990, PART III, LINE 3 DUE TO DECLINING MEMBERSHIP AND USAGE, THE CLUB CEASED CONDUCTING OPERATIONS DURING THE YEAR AND HAVE LISTED ITS BUILDING FOR SALE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS MEMBERSHIP DRIVEN WITH MEMBERS PRIMARILY COMING TO JOIN THE CLUB. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS HAVE THE POWER TO ELECT ALL OF THE MEMBERS OF THE GOVERNING BODY AND VOTE ON A PERIODIC BASIS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW, QUESTIONS, AND COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DURING ITS PERIODIC BOARD & COMMITTEE MEETINGS, THE ORGANIZATION DETERMINES IF ANY TRANSACTIONS HAVE BEEN ENTERED INTO THAT MIGHT BE IN VIOLATION OF THE CONFLICT OF INTEREST POLICY. IF VIOLATIONS OR POTENTIAL VIOLATIONS ARE NOTED, THE UNDERLYING CONTRACT, RELATIONSHIP, OR TRANSACTION IS ANALYZED TO DETERMINE IF IN VIOLATION OF THE POLICY. IF IT IS IN VIOLATION, THE CONTRACT, RELATIONSHIP, OR TRANSACTION IS TERMINATED. FORM 990, PART VI, SECTION B, LINE 15 THERE ARE NO OTHER COMPENSATED OFFICERS OR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS PRIVATE MEMBERSHIP CLUBS ARE NOT REQUIRED.