CW OPERATING COMPANY INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
CW OPERATING COMPANY INC (EIN 47-4418994)
Tax period
2020-09-01 to 2021-08-31
Filed
2022-07-15
IRS object ID
202211969349302021
Schema version
2020v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-07-15T14:36:22-05:00ReturnTs
Tax Period End2021-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133628255PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CONDON O'MEARA MCGINTY & DONNELLY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE BATTERY PARK PLAZA 7TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10004ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN474418994EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CW OPERATING COMPANY INC DBABusinessNameLine1Txt
Business Name Line2THE CLUB AT CARLTON WOODSBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCWOPBusinessNameControlTxt
Phone2818635800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE CARLTON WOODS DRIVEAddressLine1Txt
CityTHE WOODLANDSCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77382ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLYNDELL E MADDOXPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2818635800PhoneNum
Signature2022-07-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLYNDELLPersonFirstNm
Person LastMADDOXPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALEXANDER LAZZARUOLOPreparerPersonNm
PTINP01775353PTIN
Phone2126617777PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1THE CLUB AT CARLTON WOODSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerLYNDELL E MADDOXPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE CARLTON WOODS DRIVEAddressLine1Txt
CityTHE WOODLANDSCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77382ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$23,729,082GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.CARLTONWOODS.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTHE CLUB AT CARLTON WOODS IS A PRIVATE MEMBER OWNED GOLF, TENNIS, ATHLETIC, DINING AND SOCIAL CLUB FOR THE PLEASURE AND RECREATION OF ITS MEMBERS.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee282TotalEmployeeCnt
Total Volunteers309TotalVolunteersCnt
Total Gross UBI$1,832,162TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$123NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$14,846,418PYProgramServiceRevenueAmt
CY Program Service Revenue$12,278,781CYProgramServiceRevenueAmt
PY Investment Income$116,760PYInvestmentIncomeAmt
CY Investment Income$1,248CYInvestmentIncomeAmt
PY Other Revenue$738,771PYOtherRevenueAmt
CY Other Revenue$8,398,210CYOtherRevenueAmt
PY Total Revenue$15,701,949PYTotalRevenueAmt
CY Total Revenue$20,678,239CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$7,617,570PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$7,885,788CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,647,967PYOtherExpensesAmt
CY Other Expenses$8,462,269CYOtherExpensesAmt
PY Total Expenses$14,265,537PYTotalExpensesAmt
CY Total Expenses$16,348,057CYTotalExpensesAmt
PY Revenues Less Expenses$1,436,412PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$4,330,182CYRevenuesLessExpensesAmt
Total Assets BOY$31,076,179TotalAssetsBOYAmt
Total Assets EOY$35,688,745TotalAssetsEOYAmt
Total Liabilities BOY$7,049,606TotalLiabilitiesBOYAmt
Total Liabilities EOY$7,331,893TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$24,026,573NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$28,356,852NetAssetsOrFundBalancesEOYAmt
MissionTHE CLUB'S EXEMPT PURPOSE IS TO PROMOTE SOCIAL INTERACTION OF CLUB MEMBERS BY PROVIDING DINING AND RECREATIONAL ACTIVITES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTAX EXEMPT CLUB ACTIVITIES.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document37IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee282EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Initiation Fees And Cap Contri$1,135,681InitiationFeesAndCapContriAmt
Gross Receipts For Public Use$2,181,421GrossReceiptsForPublicUseAmt
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KAREN TONGBERGBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2818635800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE CARLTON WOODS DRIVEAddressLine1Txt
CityTHE WOODLANDSCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77389ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
LYNDELL E MADDOX
PRESIDENT2.00Yes (X)Yes (X)$0$0$0
JASON FRAZER
VICE PRESIDENT2.00Yes (X)Yes (X)$0$0$0
MARK TRESSLER
SECRETARY2.00Yes (X)Yes (X)$0$0$0
BACKY BAYLESS
DIRECTOR2.00Yes (X)$0$0$0
JOHNATHAN HITCHCOCK
DIRECTOR2.00Yes (X)$0$0$0
JASON PALMENBERG
DIRECTOR2.00Yes (X)$0$0$0
BRIAN PETRAUSKAS
DIRECTOR2.00Yes (X)$0$0$0
KENT WILLETTS
DIRECTOR2.00Yes (X)$0$0$0
ERIC POLITTE
DIRECTOR2.00Yes (X)$0$0$0
ROBERT MARLING
REM REPRESENTATIVE2.00Yes (X)$0$0$0
JOSEPH SUTTON
REM REPRESENTATIVE2.00Yes (X)$0$0$0
STEVE SALZMAN
CEO/ GENERAL MANAGER60.00Yes (X)$380,163$0$26,169
CARY LOTHRINGER
DIRECTOR OF TENNIS/FITNESS60.00$184,163$0$21,713Yes (X)
TIM HUBER
DIRECTOR OF ARGONOMY60.00$172,072$0$19,739Yes (X)
DONNIE MASSENGALE
DIRECTOR OF GOLF INSTRUCTION60.00$143,742$0$7,394Yes (X)
ALEYA DAVIS
MEMBERSHIP DIRECTOR60.00$136,620$0$10,794Yes (X)
EMILE ASOUS
MANAGING GOLF PROFESSIONAL60.00$131,138$0$18,895Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,147,898TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$104,704TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CADDIE SERVICES LLC
15044 SCOTTSDALE ROADSCOTTSDALEAZ85254CADDIE SERVICES$544,772
TIPLER DESIGN GROUP
30643 FM 2978MAGNOLIATX77354INTERIOR ESIGN SERVICES$418,772
ENVIROTECH MECHANICAL SOLUTIONS LLC
270 LAKE MEADOWS DRIVEMONTGOMERYTX77316HVAC SERVICES$227,608
REMEDY CONTRACTORS INC
1626 AVENUE DKATYTX77493WATER DAMAGE REPAIR SERVICES$152,988
PUMP MECHANICAL
1451 SUNSET RIDGESAN MARCOSTX78666IRRIGATIONS SERVICES$105,195
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
MEMBERSHIP DUES900099$10,593,200$10,345,190$248,010
INITIATION FEES900099$1,110,681$1,110,681
RESERVE FUND900099$371,400$371,400
RELINQUISHED MEMBER DE900099$178,500$178,500
EQUITY CONTRIBUTIONS900099$25,000$25,000
FieldValueIRS element (for citing)
Total Program Service Revenue$12,278,781TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,248TotalRevenueColumnAmt
Unrelated Business Revenue$1,248UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$8,500,088GrossSalesOfInventoryAmt
Cost Of Goods Sold$3,050,843CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,449,245TotalRevenueColumnAmt
Related Or Exempt Func Income$3,866,341RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,582,904UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
CARES ACT - ERTC900099$2,335,836$2,335,836
INSURANCE PROCEEDS900099$613,129$613,129
FieldValueIRS element (for citing)
Other Revenue Total$2,948,965OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$20,678,239TotalRevenueColumnAmt
Related Or Exempt Func Income$15,897,112RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$1,832,162UnrelatedBusinessRevenueAmt
Exclusion$2,948,965ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$406,332TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,852,958TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$110,851TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$859,879TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$655,768TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$46,886TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$97,052TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$273,988TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,257,281TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$244,674TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,243,482TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$280,250TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmt
GOLF COURSE OPERATIONS$2,565,321
OTHER SPORTS ACTIVITIES$1,521,022
FOOD AND BEV OPERATIONS$932,313

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$16,348,057TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$386,995BOYAmt
EOY$1,282,448EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,085BOYAmt
EOY$495,930EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,774,643BOYAmt
EOY$1,908,778EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$502,480BOYAmt
EOY$602,700EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$45,156BOYAmt
EOY$90,537EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$31,310,926LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,458,779LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$24,442,986BOYAmt
EOY$25,852,147EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$3,917,834BOYAmt
EOY$3,917,834EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$1,538,371EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$31,076,179BOYAmt
EOY$35,688,745EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,738,189BOYAmt
EOY$2,187,135EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,089,981BOYAmt
EOY$1,317,177EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,264,479BOYAmt
EOY$1,984,865EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$87,892BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,869,065BOYAmt
EOY$1,842,716EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,049,606BOYAmt
EOY$7,331,893EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$24,026,573BOYAmt
EOY$28,356,852EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,026,573BOYAmt
EOY$28,356,852EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$31,076,179BOYAmt
EOY$35,688,745EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$4,330,182ReconcilationRevenueExpnssAmt
Prior Period Adjustments$97PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,715,000OtherCostOrOtherBasisAmt
Book Value$6,715,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,472,329OtherCostOrOtherBasisAmt
Depreciation$2,361,147DepreciationAmt
Book Value$13,111,182BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,373,602OtherCostOrOtherBasisAmt
Depreciation$604,539DepreciationAmt
Book Value$1,769,063BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,007,840OtherCostOrOtherBasisAmt
Depreciation$2,493,093DepreciationAmt
Book Value$2,514,747BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,742,155OtherCostOrOtherBasisAmt
Book Value$1,742,155BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$25,852,147TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescMEMBERSHIP DEPOSITSDesc
Amt$1,842,716Amt
FieldValueIRS element (for citing)
Total Liability$1,842,716TotalLiabilityAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Discretionary Spending AcctYes (X)DiscretionarySpendingAcctInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
STEVE SALZMAN
CEO/ GENERAL MANAGER$290,163$0$90,000$0$0$0$14,250$0$11,919$0$406,332$0$0$0
CARY LOTHRINGER
DIRECTOR OF TENNIS/FITNESS$52,713$0$10,300$0$121,150$0$9,794$0$11,919$0$205,876$0$0$0
TIM HUBER
DIRECTOR OF ARGONOMY$146,572$0$23,000$0$2,500$0$7,820$0$11,919$0$191,811$0$0$0
DONNIE MASSENGALE
DIRECTOR OF GOLF INSTRUCTION$43,731$0$0$0$100,011$0$0$0$7,394$0$151,136$0$0$0
EMILE ASOUS
MANAGING GOLF PROFESSIONAL$101,110$0$18,700$0$11,328$0$6,976$0$11,919$0$150,033$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6CW OPERATING COMPANY, INC. (THE "CLUB") HAS EQUITY MEMBERS AND NON-EQUITY MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7AEACH EQUITY MEMBERSHIP ENTITLES THE MEMBER TO VOTE ON VARIOUS CLUB MATTERS AS SET FORTH IN THE PLAN/BYLAWS, INCLUDING THE ELECTION OF THE BOARD.
FORM 990, PART VI, SECTION A, LINE 7BA MAJORITY OF THE OUTSTANDING VOTES OF ALL THE MEMBERS ENTITLED TO VOTE IS REQUIRED FOR MAJOR DECISIONS. MAJOR DECISION INCLUDE: (A) AN ASSESSMENT FOR A CAPITAL EXPENDITURE THAT (I) IS OVER TWENTY PERCENT (20%) OF ANNUAL GROSS REVENUES AND (II) DOES NOT CONSTITUTE EXTRAORDINARY REPAIRS OR REPLACEMENTS, (B) AN INCURRENCE OF DEBT FOR THE CLUB WITH A PRINCIPAL AMOUNT IN EXCESS OF TWENTY PERCENT (20%) OF ANNUAL GROSS REVENUES, (C) A MATERIAL ADVERSE CHANGE TO THE MEMBERSHIP REFUND AMOUNT OR PERCENTAGE TO BE PAID TO EQUITY MEMBERS, OR (D) A CHANGE OR ADDITION TO THE MEMBERSHIP CATEGORIES OR CHANGES IN EXISTING MEMBERSHIP CATEGORIES THAT WOULD CAUSE THE NUMBER OF MEMBERS TO EXCEED THE EQUITY GOLF MEMBERSHIP CAP OR EQUITY SPORTS/SOCIAL MEMBERSHIP CAP ONCE ESTABLISHED BY THE BOARD. THE VOTE OF SEVENTY-FIVE PERCENT (75%) OF THE OUTSTANDING VOTES OF ALL THE MEMBERS ENTITLED TO VOTE IS REQUIRED FOR FACILITY SALE DECISIONS.
FORM 990, PART VI, SECTION B, LINE 11BTHE COO AND THE CONTROLLER REVIEW THE FORM. A COPY OF THE FORM IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12CMANAGEMENT PERIODICALLY REVIEWS THE CONFLICT OF INTEREST DISCLOSURE FORMS TO ENSURE COMPLIANCE WHEN DEALINGS WITH THESE CONFLICTS ARISE.
FORM 990, PART VI, SECTION B, LINE 15THE BOARD OF DIRECTORS COMPENSATION COMMITTEE ANNUALLY REVIEWS THE TOP OFFICIAL'S AND KEY EMPLOYEES' COMPENSATION PACKAGE.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1CW LICENSEE LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE CARLTON WOODS DRIVEAddressLine1Txt
CityTHE WOODLANDSCityNm
State AbbreviationTXStateAbbreviationCd
ZIP77382ZIPCd
FieldValueIRS element (for citing)
EIN475655303EIN
Primary ActivitiesBEVERAGE LICENSE HOLDERPrimaryActivitiesTxt
Legal Domicile StateTXLegalDomicileStateCd
Total Income$1,479,368TotalIncomeAmt
End Of Year Assets$255,694EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1CW OPERATING COMPANY INCBusinessNameLine1Txt

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