2022-08-15T10:41:50-05:00 2021-09-30 BDO USA LLP 150 Boush Street Suite 1100 Norfolk VA 23510 990 2020-10-01 540346990 Princess Anne Country Club % THE CLUB PRIN 7574284141 3800 PACIFIC AVENUE VIRGINIA BEACH VA 23451 William S Shonk CCM General Manager 7574284141 2022-08-15 true William S Shonk CCM 999009999 Marc Berger P01871563 7576407190 2022-08-15 3 2020 2022-09-23 18:48:47Z WILLIAM S SHONK CCM 3800 PACIFIC AVENUE VIRGINIA BEACH VA 23451 12496365 false X WWW.PRINCESSANNECC.COM X 1916 VA NONPROFIT SOCIAL AND RECREATIONAL ACTIVITIES 16 16 339 426575 0 0 1237863 7113248 8612413 -120105 0 1545882 1245164 8539025 11095440 0 0 0 0 4047826 4443793 0 0 0 4183518 4507400 8231344 8951193 307681 2144247 21457177 27152387 9542314 13127162 11914863 14025225 X TO OFFER QUALITY SOCIAL AND ATHLETIC SERVICES AND FIRST RATE FACILITIES TO MEET THE NEEDS OF MEMBERS AND THEIR FAMILIES IN A COMFORTABLE ATMOSPHERE AND HOME-AWAY-FROM-HOME ENVIRONMENT,CONSISTENT WITH THE LONG-STANDING VALUES, TRADITIONS, HISTORY, AND UNIQUE CULTURE OF THE CLUB. false false THE CLUB OPERATES AS A COUNTRY CLUB TO PROVIDE RECREATIONAL ACTIVITIES TO ITS MEMBERSHIP, SUCH AS GOLF, TENNIS, SWIMMING AND DINING FACILITIES. false true false false true false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false true false false false true 33 0 true 339 true true true false false false false 998318 297919 false false false X 16 16 false false false false true true true true true false false false true true true true true true true false X X THE CLUB 7574284141 3800 PACIFIC AVENUE VIRGINIA BEACH VA 23451 WILLIAM S SHONK GENERAL MANAGER 60.0 0.0 X 184499 0 18464 JENNIFER GARROT ASST MANAGER, CLUBHOUSE OPS 40.0 0.0 X 100405 0 18464 MARTIN BLACK TENNIS PRO 40.0 0.0 X 107679 0 9367 RONALD G BENSON EXECUTIVE CHEF 40.0 0.0 X 104443 0 10491 CHRISTOPHER J FANNEY PRESIDENT 1.0 0.0 X X 5508 0 0 PAT SHULER TREASURER 2.0 0.0 X X 5508 0 0 LESLIE R WATSON ESQ SECRETARY 1.0 0.0 X X 0 0 0 SUSAN PENDER VICE PRESIDENT 1.0 0.0 X X 0 0 0 BOBBY BEASLEY III BOARD MEMBER 0.5 0.0 X 0 0 0 DR NEIL BROWN BOARD MEMBER 0.5 0.0 X 0 0 0 MIKE COWAN BOARD MEMBER 0.5 0.0 X 0 0 0 KELLY DISHAROON BOARD MEMBER 0.5 0.0 X 0 0 0 JOHN MAZACH BOARD MEMBER 0.5 0.0 X 0 0 0 SHANNAN POTERAN BOARD MEMBER 0.5 0.0 X 0 0 0 MONICA STEIN BOARD MEMBER 0.5 0.0 X 0 0 0 ROGER STROUD BOARD MEMBER 0.5 0.0 X 0 0 0 JOHN WILSON JR BOARD MEMBER 0.5 0.0 X 0 0 0 BEKKI JUCKSCH BOARD MEMBER 0.5 0.0 X 0 0 0 BARBARA SESSOMS BOARD MEMBER 0.5 0.0 X 0 0 0 JOSH PARNELL BOARD MEMBER 0.5 0.0 X 0 0 0 508042 0 56786 4 false true false none 0 1237863 1237863 MEMBER DUES 713940 4233980 4233980 GOLF SHOP/COURSE 713910 1220058 1054511 165547 ASSESSMENT INCOME 713910 1600997 1600997 MEMBER JOINING FEES 713910 998318 998318 ATHLETICS 713910 260679 260239 440 298381 37793 260588 8612413 0 0 0 0 0 0 0 0 0 0 0 0 0 2643000 1400925 1242075 1242075 INTEREST FROM MEMBERS 713910 3089 3089 3089 11095440 8188927 426575 1242075 0 0 0 0 0 0 3677151 209070 220777 336795 0 5747 44113 0 0 0 19257 15952 23430 13942 0 352222 3995 0 0 410686 0 1316022 270769 SUPPLIES 575057 EQUIPMENT REPAIR & MAINTENANCE 490909 TAXES AND LICENSES 201347 MEMBER ENTERTAINMENT 169854 594098 8951193 1461385 3570486 0 0 563906 628605 787717 923077 0 0 0 0 0 0 156649 161593 90375 115618 38885845 18143720 17987594 20742125 0 0 0 518213 0 0 0 0 409551 492670 21457177 27152387 1068396 1776748 0 0 109834 134241 0 0 0 0 0 0 7009709 10429161 0 0 1354375 787012 9542314 13127162 X 11914863 14025225 0 0 11914863 14025225 21457177 27152387 X 2144247 109574 -143459 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false 2608148 2608148 15724005 7812729 7911276 9300681 5197941 4102741 7255391 2663689 4591702 3997618 2469360 1528258 20742125 0 FAMILY TO FAMILY 6972 DEFERRED MEMBER JOINING FEES 298504 CURRENT PORTION OF LT NOTES PAYABLE 481536 787012 X PART X, LINE 2 Princess Anne Country Club is an organization described in Section 501(c)(7) of the Internal Revenue Code and is exempt from federal and state income taxes. Expansion One, LLC is organized as a single-member limited liability company and as such, is considered a disregarded entity for income tax purposes and their net assets and activities are included in the tax return of Princess Anne Country Club. Exempt organizations are subject to tax on income from regularly conducted trade or business activities that are not substantially related to the organization's exempt purpose. Tax returns are generally subject to examinations for three years from the date filed. This period of limitations has expired for returns filed for tax years before 2017. Management continually evaluates tax positions reflected in the Club's tax filings and does not believe that any material uncertain tax positions exist. X true true X X false false false WILLIAM S SHONK GENERAL MANAGER 184499 0 0 0 0 0 3012 0 15452 0 202963 0 0 0 FORM 990, PART VI SECTION A, LINE 6 THE PRINCESS ANNE COUNTRY CLUB IS AN EXCLUSIVE CLUB AVAILABLE FOR USE ONLY BY MEMBERS AND THEIR GUESTS. POTENTIAL MEMBERS MUST BE RECOMMENDED TO THE BOARD OF DIRECTORS BY CURRENT VOTING MEMBERS AND APPROVED BY THE BOARD IN ORDER TO BECOME A NEW MEMBER. FORM 990, PART VI, SECTION A, LINE 7A REGULAR MEMBERS OF THE CLUB (NOT ASSOCIATE MEMBERS) HAVE VOTING RIGHTS. REGULAR MEMBERS MAY PARTICIPATE IN VOTES BY THE BOARD OF DIRECTORS, INCLUDING VOTES FOR MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B REGULAR MEMBERS OF THE CLUB (NOT ASSOCIATE MEMBERS) HAVE VOTING RIGHTS. REGULAR MEMBERS MAY PARTICIPATE IN VOTES BY THE BOARD OF DIRECTORS, AND IN ESSENCE, APPROVE OR DISAPPROVE DECISIONS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11b FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE, THE GENERAL MANAGER, THE CONTROLLER, AND THE CLUB TREASURER FOR REVIEW AND APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15b THE BOARD OF DIRECTORS USES INDUSTRY STANDARDS MIXED WITH EMPLOYEE PERFORMANCE TO DETERMINE COMPENSATION FOR THE GENERAL MANAGER. THE GENERAL MANAGER ALONG WITH THE BOARD OF DIRECTORS USE INDUSTRY STANDARDS AS WELL AS EMPLOYEE PERFORMANCE IN DETERMINING COMPENSATION FOR OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 THE 990 WILL BE AVAILABLE THROUGH GUIDESTAR'S WEBSITE. HARD COPIES WILL BE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO MEMBERS ONLY BY REQUEST. FORM 990, PART VI, SECTION B, LINE 12C IT IS THE POLICY OF THE PRINCESS ANNE COUNTRY CLUB FOR ITS DIRECTORS TO ADHERE TO THE GENERAL STANDARDS OF CONDUCT SET FORTH IN VA CODE SECTION 13.1-690 AND 13.1-691. FORM 990, PART XI, LINE 9 NET DECREASE IN THE VALUE OF DEFERRED COMPENSATION INVESTMENTS of $(143,459). EXPANSION ONE LLC 3800 PACIFIC AVENUE VIRGINIA BEACH VA 23451 540346990 RENTAL VA 54405 530969 PACC