2022-01-28T07:53:02-06:00 2021-03-31 420714325 RSM US LLP 1555 PALM BEACH LAKES BLVD SUITE 700 WEST PALM BEACH FL 334012348 990 2020-04-01 941528424 SHARON HEIGHTS GOLF & COUNTRY CLUB SHAR 8868546422 2900 SAND HILL RD MENLO PARK CA 940257006 THORSTEN LOTH GENERAL MANAGER 8868546422 2022-01-28 1 THORSTEN LOTH 999009999 CHRISTOPHER CECIL P01877773 5616971785 2022-01-24 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DAVID KARNSTEDT 2900 SAND HILL RD MENLO PARK CA 940257006 17770427 0 X WWW.SHGCC.COM X 1961 CA THE ORGANIZATION'S ACTIVITIES ARE CONDUCTED AND OPERATED SUBSTANTIALLY FOR THE PLEASURE & RECREATION OF ITS MEMBERS. ALL PROGRAMS OF THE ORGANIZATION ARE RELATED TO THE PURPOSE OF PROVIDING SOCIAL & RECREATIONAL BENEFITS TO ITS MEMBERS. 9 9 186 10 519138 0 0 0 10546942 11525916 38590 -44110 7582927 4287117 18168459 15768923 0 0 0 0 9701332 8568053 0 0 0 8984014 7048559 18685346 15616612 -516887 152311 50077117 48662448 23641411 22074431 26435706 26588017 X THE ORGANIZATION IS AN EXEMPT SOCIAL CLUB UNDER IRC SECTION 501(C)(7) WHOSE PROGRAM SERVICE ACTIVITIES ARE ORGANIZED & OPERATED SUBSTANTIALLY FOR THE PLEASURE & RECREATION OF ITS MEMBERS. ALL PROGRAMS OF THE CLUB ARE RELATED TO THE PURPOSE OF PROVIDING SOCIAL & RECREATIONAL BENEFITS TO ITS MEMBERS. 0 0 SOCIAL AND RECREATIONAL PROGRAMS - SEE PART VIII FOR ADDITIONAL INFORMATION. 0 0 0 0 0 0 0 0 0 1 0 0 1 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 0 0 0 1 62 0 1 186 1 1 1 0 0 0 1 1 2425728 1355210 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X STEFANIE LUNA 6506818503 2900 SAND HILL RD MENLO PARK CA 94025 ANDREW DUNCAN PRESIDENT 10.00 X X 0 0 0 CURT WOZNIAK VICE PRESIDENT 2.00 X X 0 0 0 LESLIE MURPHY-CHUTORIAN TREASURER 2.00 X X 0 0 0 GAURANG DESAI DIRECTOR 2.00 X 0 0 0 LAUREN KOENIG DIRECTOR 2.00 X 0 0 0 DAVID KARNSTEDT DIRECTOR 2.00 X 0 0 0 JEFF EPSTEIN DIRECTOR 2.00 X 0 0 0 JIM DILLER DIRECTOR 2.00 X 0 0 0 BRAD KLAUS DIRECTOR (THROUGH 12/20) 2.00 X 0 0 0 STEVE SMITH DIRECTOR (AS OF 1/21) 2.00 X 0 0 0 MICHAEL NAKAHARA GENERAL MANAGER 40.00 X 276939 0 31468 STEFANIE LUNA CONTROLLER 40.00 X 199987 0 24079 JOSH LEWIS GOLF COURSE SUPERINTENDENT 40.00 X 234493 0 38798 JIM KNIPP DIRECTOR OF GOLF 40.00 X 232397 0 28332 HELEN ENGELHARDT ASST. GM 40.00 X 219146 0 20498 GAVIN WILLIAMS DIRECTOR OF CLUBHOUSE OPERATIONS 40.00 X 159416 0 13614 RONITA SANGANI DIRECTOR OF HUMAN RESOURCE 40.00 X 165556 0 18433 MARK HOFF HEAD GOLF PROFESSIONAL 40.00 X 146548 0 3301 1634482 0 178523 8 0 1 0 LITTLER MENDELSON PC 333 BUSH STREET 34TH FLOOR SAN FRANCISCO CA 94104 LEGAL SERVICES 148386 1 MEMBERSHIP DUES 713910 10698738 10698738 GOLF ACTIVITIES 713910 555926 551353 4573 SWIMMING AND TENNIS 713910 172704 172704 LOCKER ROOM 713910 98548 98548 11525916 945 945 45055 -45055 -45055 -45055 2915352 1956449 958903 445283 513620 INITIATION AND TRANSFER FEE 713910 1725625 1725625 OTHER INCOME 713910 902486 902486 WATER ASSESSMENT 713910 700103 700103 3328214 15768923 15294840 519138 -45055 805763 6400832 1361458 19515 2552713 GOLF COURSE MAINTENANCE 1331723 CLUBHOUSE OPERATIONS 896086 PROPERTY TAXES & INSURA 648321 WATER FACILITY SERVICES 612725 987476 15616612 4448813 4246781 2114369 1382056 596404 495247 201843 404559 52226539 30842712 22097860 21383827 1644025 1887375 18973803 18862603 50077117 48662448 2958642 2063290 1169656 1131640 19513113 18879501 23641411 22074431 X 26435706 26588017 26435706 26588017 50077117 48662448 152311 0 X X 0 1 X 1 0 1229659 1229659 28111845 12632675 15479170 2183006 2037016 145990 20702029 16173021 4529008 21383827 PREPAID LAND LEASE, NET 295424 WATER PROJECT DEPOSIT 1458404 WATER RIGHTS 17108775 18862603 DEFERRED COMPENSATION PLAN 1887375 LONG TERM DEBT - CAPITAL LEASE OBLIGATIONS 375745 LONG TERM DEBT - WATER PROJECT LIABILITY 16616381 18879501 X 17725372 1956449 1956449 15768923 0 15768923 17573061 1956449 1956449 15616612 0 15616612 PART X, LINE 2: THE CLUB IDENTIFIES AND EVALUATES ALL UNCERTAIN TAX POSITIONS AND BELIEVES ALL POSITIONS TAKEN BY THE CLUB ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION FOR ALL OPEN TAX YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,956,449. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 1,956,449. X X 1 1 X X X X 0 1 0 MICHAEL NAKAHARA GENERAL MANAGER 276766 0 0 0 173 0 2900 0 28568 0 308407 0 0 0 JOSH LEWIS GOLF COURSE SUPERINTENDENT 217212 0 17000 0 281 0 8480 0 30318 0 273291 0 0 0 JIM KNIPP DIRECTOR OF GOLF 197081 0 16435 0 18881 0 11523 0 16809 0 260729 0 0 0 HELEN ENGELHARDT ASST. GM 204529 0 12617 0 2000 0 6008 0 14490 0 239644 0 0 0 STEFANIE LUNA CONTROLLER 184328 0 15490 0 169 0 10569 0 13510 0 224066 0 0 0 RONITA SANGANI DIRECTOR OF HUMAN RESOURCE 145366 0 13760 0 6430 0 6090 0 12343 0 183989 0 0 0 GAVIN WILLIAMS DIRECTOR OF CLUBHOUSE OPERATIONS 146641 0 11969 0 806 0 5706 0 7908 0 173030 0 0 0 PART I, LINE 4B THE CLUB SPONSORS A NON-QUALIFIED DEFERRED COMPENSATION PLAN FOR KEY PERSONNEL. THIS PLAN QUALIFIES UNDER SECTION 457 OF THE INTERNAL REVENUE CODE. THE PLAN PARTICIPANTS AND APPLICABLE AMOUNT INCLUDES: 1. MICHAEL NAKAHARA, GM - $2,899.98 2. STEFANIE LUNA, CONTROLLER - $7,000.11 3. HELEN ENGELHARDT, ASST. GM - $6,008.40 4. JIM KNIPP, DIR GOLF - $7,669.50 5. JOSH LEWIS, GOLF SUPER - $8,479.91 6. GAVIN WILLIAMS, CLUBHOUSE OPS. DIR. - $5,705.76 7. RONITA SANGANI, HR DIR. - $3,015.28 FORM 990, PART VI, SECTION A, LINE 6 LINE 6 EXPLANATION - INDIVIDUALS PURCHASE MEMBERSHIP TO THE CLUB AND ARE CHARGED DUES MONTHLY FOR CONTINUED MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - PROPRIETARY MEMBERS OF THE CLUB VOTE TO ELECT NEW BOARD MEMBERS ANNUALLY. COMMITTEES ARE MADE UP OF PROPRIETARY MEMBERS THAT SUBMIT RECOMMENDATIONS TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B LINE 7B EXPLANATION - A MAJORITY VOTE OF ALL PROPRIETARY MEMBERS IS NEEDED TO PASS THE FOLLOWING PROPOSALS: A CHANGE IN THE PERCENTAGE OF A MEMBER TRANSFEREE'S FEE OR INITIATION FEES TO BE RETAINED BY THE CLUB UPON TRANSFER OF A MEMBERSHIP, DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CLUB, ELECTION TO DISSOLVE THE CLUB, ESTABLISHMENT OF, OR INCREASES/DECREASES TO MEMBERSHIPS, AMENDING THE ARTICLES OF INCORPORATION AND BY-LAWS. A MAJORITY VOTE OF AT LEAST FIFTY PERCENT OF THE PROPRIETARY MEMBERS IS NEEDED TO PASS THE FOLLOWING PROPOSALS: REMOVAL OF A DIRECTOR, FILLING VACANCIES ON THE BOARD, APPROVAL OF A RELATED PARTY TRANSACTION WITH A DIRECTOR, AN INCREASE OF INDEBTEDNESS OR ASSESSMENTS IN A TWELVE-MONTH PERIOD BY AN AMOUNT EXCEEDING TWO TIMES THE MONTHLY DUES INCOME, ANY ACTION MATERIALLY OR ADVERSELY AFFECTING THE RIGHTS OF THE PROPRIETARY MEMBERS, CHANGES TO THE NUMBER OF DIRECTORS, INCREASING THE TERM OF DIRECTORS, ALLOWING ANY DIRECTOR TO HOLD OFFICE BY DESIGNATION. A MAJORITY VOTE OF AT LEAST FORTY PERCENT OF THE PROPRIETARY MEMBERS PRESENT AT REGULAR ANNUAL MEETINGS REGARDING ALL AFFAIRS OF THE ORGANIZATION AND AT SPECIAL MEETINGS REGARDING THE BUSINESS INVOLVED THAT CALLED FOR A SPECIAL MEETING. FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - THE FORM 990 IS REVIEWED BY THE CONTROLLER AND GENERAL MANAGER BEFORE IT IS SUBMITTED TO AN OFFICER FOR SIGNATURE. THE BOARD OF DIRECTORS ARE ADVISED THAT THE RETURN IS AVAILABLE FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ANNUALLY COMPLETE CONFLICT OF INTEREST NOTICE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION AND INCREASES ARE REVIEWED BY BOD DURING THE ANNUAL BUDGET PROCESS AND MANAGED BY GM/COO. FORM 990, PART VI, SECTION C, LINE 19 THE CLUB'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC. THE FINANCIAL STATEMENTS ARE AVAILABLE ON THE CLUB WEBSITE AND UPON REQUEST. FORM 990, PART XII, LINE 2C NO CHANGE FROM THE PRIOR YEAR.