BETA

CRYSTAL TREE GOLF AND COUNTRY CLUB: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
CRYSTAL TREE GOLF AND COUNTRY CLUB (EIN 36-3604050)
Tax period
2020-04-01 to 2021-03-31
Filed
2022-02-15
IRS object ID
202230469349300328
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)
Return2022-02-15T09:59:08-06:00ReturnTs
Tax Period End2021-03-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN362985770PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SELDEN FOX LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1619 ENTERPRISE DRIVEAddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP605238835ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-04-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN363604050EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CRYSTAL TREE GOLF & COUNTRY CLUBBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCRYSBusinessNameControlTxt
Phone7084033000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110700 WEST 153RD STREETAddressLine1Txt
CityORLAND PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60462ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM FROSTPersonNm
Person TitleTREASURERPersonTitleTxt
Phone7084033000PhoneNum
Signature2022-02-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstWILLIAMPersonFirstNm
Person LastFROSTPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAUL J ROZEKPreparerPersonNm
PTINP00542258PTIN
Phone6309541400PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJAMES TROYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line110700 WEST 153RD STREETAddressLine1Txt
CityORLAND PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60462ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,273,738GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.CRYSTALTREECC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1988FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionA PRIVATE MEMBERSHIP COUNTRY CLUB TO SERVE THE SOCIAL AND RECREATIONAL NEEDS OF ITS MEMBERSActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee143TotalEmployeeCnt
Total Volunteers11TotalVolunteersCnt
Total Gross UBI$132,856TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$5,126,511PYProgramServiceRevenueAmt
CY Program Service Revenue$4,897,802CYProgramServiceRevenueAmt
PY Investment Income$3PYInvestmentIncomeAmt
CY Investment Income$5CYInvestmentIncomeAmt
PY Other Revenue$1,654,938PYOtherRevenueAmt
CY Other Revenue$1,326,933CYOtherRevenueAmt
PY Total Revenue$6,781,452PYTotalRevenueAmt
CY Total Revenue$6,224,740CYTotalRevenueAmt
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$3,174,191PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,301,695CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,975,565PYOtherExpensesAmt
CY Other Expenses$3,678,613CYOtherExpensesAmt
PY Total Expenses$7,149,756PYTotalExpensesAmt
CY Total Expenses$5,980,308CYTotalExpensesAmt
PY Revenues Less Expenses-$368,304PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$244,432CYRevenuesLessExpensesAmt
Total Assets BOY$22,773,044TotalAssetsBOYAmt
Total Assets EOY$22,846,007TotalAssetsEOYAmt
Total Liabilities BOY$21,066,647TotalLiabilitiesBOYAmt
Total Liabilities EOY$20,895,179TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,706,397NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,950,828NetAssetsOrFundBalancesEOYAmt
MissionA PRIVATE MEMBERSHIP COUNTRY CLUB TO SERVE THE SOCIAL AND RECREATIONAL NEEDS OF ITS MEMBERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescA PRIVATE MEMBERSHIP COUNTRY CLUB TO SERVE THE SOCIAL AND RECREATIONAL NEEDS OF ITS MEMBERS.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 Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
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 Required0ScheduleJRequiredInd
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 Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document10IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee143EmployeeCnt
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$39,539InitiationFeesAndCapContriAmt
Gross Receipts For Public Use$166,803GrossReceiptsForPublicUseAmt
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 Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
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 Line1KRISTIN AMBROSEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7084033000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110700 WEST 153RD STREETAddressLine1Txt
CityORLAND PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60462ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JAMES TROY
PRESIDENT5.00Yes (X)Yes (X)$0$0$0
MICHAEL SCOTT
VICE PRESIDENT5.00Yes (X)Yes (X)$0$0$0
BRUCE BOZICH
SECRETARY5.00Yes (X)Yes (X)$0$0$0
WILLIAM FROST
TREASURER5.00Yes (X)Yes (X)$0$0$0
JIM BRASHER
DIRECTOR5.00Yes (X)$0$0$0
MICHAEL DUDEK
DIRECTOR5.00Yes (X)$0$0$0
DONALD JEANES
DIRECTOR5.00Yes (X)$0$0$0
TIMOTHY MCFARLAND
DIRECTOR5.00Yes (X)$0$0$0
RICK MCKANE
DIRECTOR5.00Yes (X)$0$0$0
WILLIAM NERO
DIRECTOR5.00Yes (X)$0$0$0
DANIEL POLLOCK END 420
DIRECTOR5.00Yes (X)$0$0$0
PATRICK SCHULER END 420
DIRECTOR5.00Yes (X)$0$0$0
JOE SKENDER END 420
DIRECTOR5.00Yes (X)$0$0$0
MICHAEL YAZBEK
DIRECTOR5.00Yes (X)$0$0$0
JON BAILEY
CLUB MANAGER54.00Yes (X)$112,668$0$21,028
KRISTIN AMBROSE
CONTROLLER54.00Yes (X)$99,924$0$14,403
JIMMY CHRISTENSEN
EXECUTIVE CHEF54.00$138,332$0$7,350Yes (X)
STEPHEN HOPE
GROUNDS SUPERINTENDENT40.00$120,376$0$9,610Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$471,300TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$52,391TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
MEMBERSHIP DUES713910$2,574,445$2,574,445
GOLF OPERATIONS713910$921,157$875,057$46,100
OPERATING ASSESSMENTS713910$752,832$752,832
FOOD & BEVERAGE DEPARTMENT713910$517,690$511,417$6,273
LOCKER DEPARTMENT713910$76,875$76,875

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$54,803TotalRevenueColumnAmt
Related Or Exempt Func Income$54,803RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$4,897,802TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5TotalRevenueColumnAmt
Unrelated Business Revenue$5UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$2,337,043GrossSalesOfInventoryAmt
Cost Of Goods Sold$1,048,998CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,288,045TotalRevenueColumnAmt
Related Or Exempt Func Income$1,207,567RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$80,478UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MISCELLANEOUS900099$22,736$22,736
LATE PAYMENT PENALTIES900099$16,152$16,152
FieldValueIRS element (for citing)
Other Revenue Total$38,888OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,224,740TotalRevenueColumnAmt
Related Or Exempt Func Income$6,091,884RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$132,856UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$248,023TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,669,448TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$17,759TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$165,812TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$200,653TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$125,820TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$24,000TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$354,520TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$72,283TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$441,894TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$847,386TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$823,822TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$112,999TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
SUPPLIES$373,338
EQUIPMENT RENTAL AND MA$224,787
ENTERTAINMENT AND PROMO$88,127
VALET$7,774

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$181,863TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,980,308TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$245,138BOYAmt
EOY$286,176EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$13,427BOYAmt
EOY$53,347EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$194,137BOYAmt
EOY$345,107EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$160,984BOYAmt
EOY$165,705EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$161,876BOYAmt
EOY$139,055EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$34,471,034LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$13,249,417LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$21,997,482BOYAmt
EOY$21,221,617EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$635,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$22,773,044BOYAmt
EOY$22,846,007EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$869,662BOYAmt
EOY$886,261EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$314,134BOYAmt
EOY$184,980EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$19,882,851BOYAmt
EOY$19,823,938EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$21,066,647BOYAmt
EOY$20,895,179EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,706,397BOYAmt
EOY$1,950,828EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,706,397BOYAmt
EOY$1,950,828EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$22,773,044BOYAmt
EOY$22,846,007EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$244,432ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
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$9,116,416OtherCostOrOtherBasisAmt
Book Value$9,116,416BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,552,782OtherCostOrOtherBasisAmt
Depreciation$4,907,617DepreciationAmt
Book Value$9,645,165BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,015,223OtherCostOrOtherBasisAmt
Depreciation$3,675,208DepreciationAmt
Book Value$340,015BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,786,613OtherCostOrOtherBasisAmt
Depreciation$4,666,592DepreciationAmt
Book Value$2,120,021BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$21,221,617TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,908,738TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$7,908,738RevenueSubtotalAmt
Other Revenues Not Included-$1,683,998OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$1,683,998RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,224,740TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,664,307TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1,683,998OtherExpensesIncludedAmt
Expenses Not Reported$1,683,998ExpensesNotReportedAmt
Expenses Subtotal$5,980,309ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,980,309TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE CLUB IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. UNDER THIS SECTION, UNRELATED BUSINESS INCOME AND INVESTMENT INCOME, AS DEFINED, ARE SUBJECT TO FEDERAL AND STATE TAXES AT CORPORATE RATES. AS OF MARCH 31, 2021, THE CLUB'S INCOME TAX RETURNS FOR FISCAL YEARS 2018 AND SUBSEQUENT ARE OPEN TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. ACCOUNTING STANDARDS CODIFICATION ("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 IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE.
PART XI, LINE 4B - OTHER ADJUSTMENTS:COST OF GOODS SOLD -1,048,998. EMPLOYEE RETENTION TAX CREDIT -635,000.
PART XII, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD 1,048,998. EMPLOYEE RETENTION TAX CREDIT 635,000.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THERE ARE TWO MAJOR CLASSES OF MEMBERS, EQUITY MEMBERS AND NON-EQUITY MEMBERS. MEMBERS WHO ARE ENTITLED TO SHARE IN LIQUIDATION PROCEEDS, AND WHO PURCHASE A REDEEMABLE, OR PARTIALLY REDEEMABLE, CERTIFICATE ARE DEEMED "EQUITY" MEMBERS. THESE MEMBERS HAVE THE AUTHORITY TO ELECT THE GOVERNING BODY, AS WELL AS APPROVE SIGNIFICANT DECISIONS MADE BY THE GOVERNING BODY. MEMBERS WHO ARE NOT ENTITLED TO VOTE, HOLD OFFICE, SHARE IN LIQUIDATION PROCEEDS, OR HAVE THEIR INITIATION FEES REFUNDED IN WHOLE OR IN PART ARE DEEMED "NON-EQUITY" MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7AIF SOMEBODY ON THE BOARD LEAVES OR VACATES THEIR POSITION, THE BOARD MEMBERS HAVE THE RIGHT TO APPOINT AN EQUITY MEMBER TO THE BOARD. HOWEVER, THIS PERSON MUST BE IN GOOD STANDING WITH THE CLUB. THE BOARD MEMBERS SHALL ELECT EQUITY MEMBERS TO FILL VACANCIES IN THE BOARD TO SERVE UNTIL THE NEXT ANNUAL MEETING OF THE CLUB.
FORM 990, PART VI, SECTION A, LINE 7BTHE EQUITY MEMBERS HAVE THE RIGHT TO RATIFY SIGNIFICANT DECISIONS MADE BY THE BOARD MEMBERS. EXAMPLES OF THESE SIGNIFICANT DECISIONS COULD INCLUDE THE APPROVAL OF GOING INTO DEBT OF MORE THAN A SPECIFIED AMOUNT AND ANY CAPITAL EXPENDITURES EXCEEDING CERTAIN AMOUNTS.
FORM 990, PART VI, SECTION B, LINE 11BTHE RETURN IS PREPARED BY THE ORGANIZATION'S PUBIC ACCOUNTING FIRM, SELDEN FOX LTD., AND IS REVIEWED AND SIGNED BY THE ORGANIZATION'S TREASURER. BEFORE FILING, A COPY OF FORM 990 WAS PROVIDED TO THE GOVERNING BODY FOR REVIEW, QUESTIONS, AND COMMENTS.
FORM 990, PART VI, SECTION B, LINE 15CLUB MANAGER - AN ANNUAL REVIEW IS PERFORMED BY THE HOUSE COMMITTEE CHAIRMAN ALONG WITH THE PRESIDENT OF THE CLUB. THE LEVEL OF COMPENSATION IS DETERMINED BY THE BOARD OF GOVERNERS. THE BOARD SURVEYS AREA PRIVATE COUNTRY CLUBS FOR MANAGER COMPENSATION PACKAGES. THEY ALSO HAVE INFORMATION THROUGH THE CHICAGO DISTRICT GOLF ASSOCIATION, THE GREATER CHICAGO CLUB MANAGERS ASSOCIATION AND THE CLUB MANAGERS ASSOCIATION OF AMERICA. CONTROLLER - A REVIEW IS PERFORMED BY CLUB MANAGER AND TREASURER/FINANCE COMMITTEE CHAIRMAN. COMPENSATION IS DETERMINED BY THE CLUB MANAGER AND THE FINANCE COMMITTEE. THE CLUB SURVEYS AREA PRIVATE COUNTRY CLUBS FOR COMPENSATION PACKAGES AND UTILIZES DATA FROM THE GREATER CHICAGO CLUB MANAGERS ASSOCIATION AND ENGAGE A PUBLIC ACCOUNTING FIRM. ALL SALARIES AND HOURLY WAGE RATES ARE REVIEWED BY THE BOARD OF GOVERNORS AND THE DEPARTMENT CHAIRPERSON AT THE START OF THE FISCAL YEAR. THESE WAGE RATES ARE INCORPORATED INTO THE OPERATING BUDGET FOR THE CURRENT FISCAL YEAR.
FORM 990, PART VI, SECTION C, LINE 19A PRIVATE MEMBER CLUB IS NOT REQUIRED TO MAKE GOVERNING DOCUMENTS, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, BUT FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST.

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