2022-05-12T11:38:47-05:00 2021-12-31 561056216 MCCANNON ROGERS DRISCOLL & ASSOC LLP PO BOX 339 GASTONIA NC 280530339 990 2021-01-01 464495308 THE CRAMER MOUNTAIN CLUB INC CRAM 100 HIDDEN PASTURES DRIVE CRAMERTON NC 28032 RICK BROOKS TREASURER 2022-05-12 true RICK BROOKS 999009999 VICTORIA LEIGH BLAIR P01463769 7048670264 2022-05-12 X 2021 2022-09-23 18:48:47Z KEN GORDON 100 HIDDEN PASTURES DR CRAMERTON NC 28032 2013098 false X WWW.CRAMERMOUNTAINCLUB.COM X THE MISSION OF THE CRAMER MOUNTAIN CLUB IS TO PROVIDE AND PROPERLY MAINTAIN OUTSTANDING AMENITIES, ACTIVITIES, AND SERVICES WHICH ARE DESIGNED TO MEET OR EXCEED THE EXPECTATION OF ITS DIVERSE AND ACTIVE MEMBERSHIP. 9 9 32 50 120483 0 1709571 2025699 11 18 -12619 1709582 2013098 0 0 643819 716053 0 0 1179884 1263678 1823703 1979731 -114121 33367 1956658 2257153 429095 434157 1527563 1822996 THE MISSION OF THE CRAMER MOUNTAIN CLUB IS TO PROVIDE AND PROPERLY MAINTAIN OUTSTANDING AMENITIES, ACTIVITIES, AND SERVICES WHICH ARE DESIGNED TO MEET OR EXCEED THE EXPECTATION OF ITS DIVERSE AND ACTIVE MEMBERSHIP. false false GOLF OPERATIONS - APPROXIMATELY 300 MEMBERS WHO PAY GOLF MEMBERSHIP DUES AND PARTICIPATE IN GOLF PROGRAMS AND RELATED FEES. MEMBERS ARE ENCOURAGED TO ACTIVELY PARTICIPATE IN GOLF COMMITTEES, TO HELP ENSURE PROPER COURSE MAINTENANCE, PROGRAMMING AND CLUB GROWTH. SPORTS SOCIAL OPERATIONS - INCLUDES ALL GOLF MEMBERS AS WELL AS MEMBERS WHO PAY FOR ACCESS TO THE HOSPITALITY, POOL AND TENNIS OPERATIONS OF THE CLUB. TOTAL MEMBERSHIP IS APPROXIMATELY 450. false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true false true false false false false false false false false false 8 0 true 32 true true true false false false false false false false X 9 9 true false false false true true true true true false false true true true true true true true true false X PAUL STROMAN 7048794888 100 HIDDEN PASTURES DRIVE CRAMERTON NC 28032 X KEN GORDON PRESIDENT 16.00 X X 0 0 0 KEVIN RANDALL VICE PRESIDE 8.00 X X 0 0 0 RICK BROOKS TREASURER 8.00 X X 0 0 0 NICOLE WILLS SECRETARY 8.00 X X 0 0 0 ROY HELMS BOARD MEMBER 2.00 X 0 0 0 ANDY CROTTS BOARD MEMBER 2.00 X 0 0 0 ROBERT BERGEN BOARD MEMBER 2.00 X 0 0 0 JENNIFER GRANT BOARD MEMBER 2.00 X 0 0 0 BRANDY MERCER BOARD MEMBER 2.00 X 0 0 0 false false false MEMBERSHIP DUES 1202345 1202345 GOLF REVENUE 634996 634996 GOLF REVENUE - OUTINGS 713910 120483 120483 RESTAURANT MINIMUM 51433 51433 SPORTS SOCIAL REVENUE 9718 9718 6724 6724 2025699 18 18 RENTAL INCOME 1729 1729 RESTAURANT COSTS -14348 -14348 -12619 2013098 1892597 120483 18 605325 605325 57547 57547 53181 53181 66131 66131 71806 71806 11387 11387 6061 6061 318648 318648 1987 1987 8881 8881 135768 135768 35751 35751 COURSE LEASE 136860 136860 COURSE SUPPLIES 115975 115975 GOLF CART LEASE 105867 105867 GOLF EQUIPMENT LEASE 55267 55267 193289 127165 66124 1979731 541134 1438597 0 80393 369848 355515 434777 21792 21934 2619161 1196557 1491968 1422604 6990 7990 1956658 2257153 33265 51899 229420 288275 166410 93983 429095 434157 X 3246865 3508931 -1719302 -1685935 1527563 1822996 1956658 2257153 X 33367 262066 X false false false 12500 12500 38300 38300 1944417 662610 1281807 578349 450052 128297 45595 45595 1422604 2013098 2013098 2013098 1979731 1979731 1979731 DMD INVESTORS CLUB MEMBER 136860 MONTHLY LEASE false DMD INVESTORS CLUB MEMBER 125496 MONTHLY LEASE false SCHEDULE L, PART V IN 2014, CMC PURCHASED THE SPORT SOCIAL FACILITIES AND 8 ACRES OF LAND FROM DMD INVESTORS, LLC FOR 50,000. DMD IS OWNED BY DON DOCTOR, A DIRECTOR AT THAT TIME AND A MEMBER OF THE CLUB. DON WAS A BOARD MEMBER DURING THE YEAR, WITH A 3 YEAR TERM RUNNING JUNE 2018 - MAY 2021. CMC ENTERED INTO A LEASE AGREEMENT WITH DMD INVESTORS FOR THE GOLF COURSE AND CART BARN. LEASE ON THE GOLF COURSE WAS BASED ON 4% OF THE COST INVESTED IN THE PROPERTY AND IMPROVEMENTS WITH A PURCHASE OPTION AT COST. THE MONTHLY LEASE AMOUNT IS 11,405. DMD INVESTORS ALSO OWNS A BUILDING IN THE CRAMER MOUNTAIN COMMUNITY. THE CLUB LEASES ITS PRO SHOP AND LOCKER ROOMS FROM DMD INVESTORS. BASE RENT IS 7,100 FROM JANUARY-JUNE, THEN 7,242 FROM JULY-DECEMBER AND IMPROVEMENT RENT IS 3,287 PER MONTH FOR THE PRO SHOP AND LOCKER ROOMS. FORM 990, PAGE 6, PART VI, LINE 2 DMD INVESTORS DIRECTOR LANDLORD-GOLF COURSE DMD INVESTORS DIRECTOR LANDLORD - BUILDING FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS 211 EQUITY MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A THE EQUITY MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B ANY INDEBTEDNESS IN EXCESS OF 200,000 MUST BE APPROVED BY A MAJORITY OF ALL OF THE MEMBERS OF THE BOARD OF DIRECTORS AND A MAJORITY OF THE VOTES CAST BY THE EQUITY MEMBERS AT A PROPERLY CALLED MEETING WHERE QUORUM EXISTS. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTE AND THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C REVIEWED EACH YEAR WHEN NEW BOARD MEMBERS ARE ELECTED. MEMBERS WITH CONFLICTS OF INTEREST REQUIRED TO DISCLOSE CONFLICTS AT THAT TIME OR LATER, AS THEY MAY ARISE. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD REVIEW AND DETERMINES COMPENSATION OF TOP MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD REVIEWS AND DETERMINES COMPENSATION OF GENERAL MANAGERS. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART XI, LINE 9 INITATION FEES 262,066