OAKS CLUB CORPORATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
OAKS CLUB CORPORATION (EIN 59-2369514)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-15
IRS object ID
202243199349318124
Schema version
2021v4.2
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)
Return2022-11-15T14:21:05-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11555 PALM BEACH LAKES BLVD SUITEAddressLine1Txt
Address Line2700AddressLine2Txt
CityWEST PALM BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33401ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN592369514EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OAKS CLUB CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlOAKSBusinessNameControlTxt
Phone9419662161PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 MACEWEN DRAddressLine1Txt
CityOSPREYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34229ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSTEPHEN BLOWERSPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9419662161PhoneNum
Signature2022-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSTEPHENPersonFirstNm
Person LastBLOWERSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRISTOPHER CECILPreparerPersonNm
PTINP01877773PTIN
Phone5616971785PhoneNum
Preparation2022-11-14PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBRUCE ZAHNPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 MACEWEN DRAddressLine1Txt
CityOSPREYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34229ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$17,540,487GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressHTTPS://THEOAKSCLUB.COM/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1984FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROVIDE AND MAINTAIN A CLUB WHICH AFFORDS WORLD-CLASS GOLF, TENNIS, SOCIAL FACILITIES AND ACTIVITIES FOR THE BENEFIT AND USE OF ITS MEMBERS AND GUESTS.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee209TotalEmployeeCnt
Total Volunteers100TotalVolunteersCnt
Total Gross UBI$63,973TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$11,828NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$13,420,737PYProgramServiceRevenueAmt
CY Program Service Revenue$11,145,273CYProgramServiceRevenueAmt
PY Investment Income-$138,375PYInvestmentIncomeAmt
CY Investment Income-$84,396CYInvestmentIncomeAmt
PY Other Revenue$707,975PYOtherRevenueAmt
CY Other Revenue$5,018,657CYOtherRevenueAmt
PY Total Revenue$13,990,337PYTotalRevenueAmt
CY Total Revenue$16,079,534CYTotalRevenueAmt
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$6,667,503PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$6,011,360CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$6,974,179PYOtherExpensesAmt
CY Other Expenses$8,906,481CYOtherExpensesAmt
PY Total Expenses$13,641,682PYTotalExpensesAmt
CY Total Expenses$14,917,841CYTotalExpensesAmt
PY Revenues Less Expenses$348,655PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,161,693CYRevenuesLessExpensesAmt
Total Assets BOY$37,573,779TotalAssetsBOYAmt
Total Assets EOY$41,379,362TotalAssetsEOYAmt
Total Liabilities BOY$15,601,741TotalLiabilitiesBOYAmt
Total Liabilities EOY$16,005,677TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$21,972,038NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$25,373,685NetAssetsOrFundBalancesEOYAmt
MissionTHE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROVIDE AND MAINTAIN A CLUB WHICH AFFORDS WORLD-CLASS GOLF, TENNIS, SOCIAL FACILITIES AND ACTIVITIES FOR THE BENEFIT AND USE OF ITS MEMBERS AND GUESTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescPROVIDING AND MAINTAINING THE CLUB FACILITIES FOR THE BENEFIT AND USEOF 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 LiabilitiesYes (1)ReportOtherLiabilitiesInd
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 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 Document157IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee209EmployeeCnt
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 ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri Discl0NondeductibleContriDisclInd
Initiation Fees And Cap Contri$3,375,146InitiationFeesAndCapContriAmt
Gross Receipts For Public Use$81,105GrossReceiptsForPublicUseAmt
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 Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
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 Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKIRSTY TAYLORPersonNm
Phone9419662161PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 MACEWEN DRIVEAddressLine1Txt
CityOSPREYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34229ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
ANNE LOCKIE
PRESIDENT5.00Yes (X)Yes (X)$0$0$0
STEVE JOHNSON
VICE PRESIDENT (THROUGH 3/21)5.00Yes (X)Yes (X)$0$0$0
ALLISON COOKE KELLOGG
VICE PRESIDENT (AS OF 4/21)5.00Yes (X)Yes (X)$0$0$0
TOM WINTER
SECRETARY (THROUGH 3/21)5.00Yes (X)Yes (X)$0$0$0
KENNETH FISCHL
SECRETARY (AS OF 4/21)5.00Yes (X)Yes (X)$0$0$0
SAMUEL STRICKLAND
TREASURER (THROUGH 3/21)10.00Yes (X)Yes (X)$0$0$0
LOU RICHARDSON-RHYNE
TREASURER (AS OF 4/21)10.00Yes (X)Yes (X)$0$0$0
PAUL SCHACHTER
BOARD MEMBER (AS OF 4/21)5.00Yes (X)$0$0$0
DOUG CASEY
BOARD MEMBER (AS OF 4/21)5.00Yes (X)$0$0$0
JAMES JOHNSON
BOARD MEMBER (AS OF 4/21)5.00Yes (X)$0$0$0
DAVE GUIDETTE
BOARD MEMBER (THROUGH 3/21)5.00Yes (X)$0$0$0
MICHAEL DREHER
BOARD MEMBER (THROUGH 3/21)5.00Yes (X)$0$0$0
MICHAEL WALLACE
BOARD MEMBER (THROUGH 3/21)5.00Yes (X)$0$0$0
PAUL BEGGAN
BOARD MEMBER (THROUGH 3/21)5.00Yes (X)$0$0$0
KAREN KING
DIRECTOR OF FINANCE40.00Yes (X)$176,818$0$20,198
BRUCE ZAHN
GM/COO40.00Yes (X)$54,614$0$25,000
JAMES PAMPINELLA II
EXECUTIVE CHEF40.00$152,092$0$24,389Yes (X)
HOLLY FARRELL
DIRECTOR OF CLUBHOUSE40.00$293,679$0$41,101Yes (X)
SUSAN GREENE
DIRECTOR OF MARKETING40.00$138,947$0$967Yes (X)
ANDREW SIROTA
DIRECTOR OF RACQUETS40.00$157,679$0$21,297Yes (X)
GREGORY JACK
DIRECTOR OF GREENS AND GROUNDS40.00$163,916$0$16,969Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,137,745TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$149,921TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
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
TEE OFF TEMPS
PO BOX 75343CHICAGOIL60675TEMPORARY LABOR$1,103,112
FLORIDA BLUE INSURANCE
PO BOX 660299DALLASTX75266MEDICAL INSURANCE$495,424
AFCO
4501 COLLEGE BOULEVARD SUITE 320LEAWOODKS66211GENERAL INSURANCE$315,951
TRUIST EQUIPMENT FINANCE CORP
3333 PEACHTREE RD NE FL 7SATLANTAGA30326LEASES EQUIPMENT$301,846
BARBARA FORD-COATES TAX COLLECTOR
101 S WASHINGTON BLVDSARASOTAFL34236PROPERTY TAX$227,005
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP & DUES713910$9,443,780$9,443,780
OTHER GOLF REVENUE713910$1,296,269$1,296,269
FITNESS AND WELLNESS713910$208,003$208,003
TENNIS FEES713910$132,210$132,210
LOCKER FEES713910$65,011$65,011
FieldValueIRS element (for citing)
Total Program Service Revenue$11,145,273TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$19,698TotalRevenueColumnAmt
Related Or Exempt Func Income$19,698RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$500OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$104,594OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$104,094OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$104,094TotalRevenueColumnAmt
Exclusion-$104,094ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$2,822,112GrossSalesOfInventoryAmt
Cost Of Goods Sold$1,356,359CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,465,753TotalRevenueColumnAmt
Related Or Exempt Func Income$1,419,472RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$46,281UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
CAPITAL CHARGES713910$2,305,660$2,305,660
ASSOCIATE AND SOCIAL INITIATION F713910$1,001,486$1,001,486
OTHER713910$95,081$77,389$17,692

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$150,677TotalRevenueColumnAmt
Related Or Exempt Func Income$150,677RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$3,552,904OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,079,534TotalRevenueColumnAmt
Related Or Exempt Func Income$16,119,655RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$63,973UnrelatedBusinessRevenueAmt
Exclusion-$104,094ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,076,573TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$934,787TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$217,037TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,545,637TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$384,600TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
GOLF COURSE MAINTENANCE$2,226,537
ADMINISTRATIVE AND GENE$837,575
BUILDING AND COMMON ARE$782,050
FOOD & BEVERAGE$510,473

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,402,572TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$14,917,841TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$5,990,967BOYAmt
EOY$9,199,332EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,607,159BOYAmt
EOY$4,326,342EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$395,557BOYAmt
EOY$266,588EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$191,524BOYAmt
EOY$891,111EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$51,820,949LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$25,461,869LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$27,115,497BOYAmt
EOY$26,359,080EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$273,075BOYAmt
EOY$336,909EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$37,573,779BOYAmt
EOY$41,379,362EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,154,496BOYAmt
EOY$1,518,420EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$5,837,852BOYAmt
EOY$3,847,443EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$7,689,710BOYAmt
EOY$6,710,612EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$919,683BOYAmt
EOY$3,929,202EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$15,601,741BOYAmt
EOY$16,005,677EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$21,972,038BOYAmt
EOY$25,373,685EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$21,972,038BOYAmt
EOY$25,373,685EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$37,573,779BOYAmt
EOY$41,379,362EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,161,693ReconcilationRevenueExpnssAmt
Prior Period Adjustments$1,195PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$2,238,759OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
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$9,367,112OtherCostOrOtherBasisAmt
Book Value$9,367,112BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$18,324,589OtherCostOrOtherBasisAmt
Depreciation$13,396,304DepreciationAmt
Book Value$4,928,285BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$7,824,254OtherCostOrOtherBasisAmt
Depreciation$1,706,650DepreciationAmt
Book Value$6,117,604BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$16,304,994OtherCostOrOtherBasisAmt
Depreciation$10,358,915DepreciationAmt
Book Value$5,946,079BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$26,359,080TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
CAPITAL LEASE OBLIGATIONS$386,284
DUES AND FEES COLLECTED IN ADVANCE$3,542,918
FieldValueIRS element (for citing)
Total Liability$3,929,202TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$17,435,893TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$17,435,893RevenueSubtotalAmt
Investment Expenses Not Incld-$1,356,359InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt-$1,356,359RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$16,079,534TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$16,274,200TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1,356,359OtherExpensesIncludedAmt
Expenses Not Reported$1,356,359ExpensesNotReportedAmt
Expenses Subtotal$14,917,841ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$14,917,841TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE CLUB HAS EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE CLUB HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAX TOPIC OF THE FASB ASC.
PART XII, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD 1,356,359.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
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
HOLLY FARRELL
DIRECTOR OF CLUBHOUSE$223,679$0$70,000$0$0$0$31,443$0$9,658$0$334,780$0$0$0
KAREN KING
DIRECTOR OF FINANCE$150,318$0$26,500$0$0$0$14,785$0$5,413$0$197,016$0$0$0
GREGORY JACK
DIRECTOR OF GREENS AND GROUNDS$163,916$0$0$0$0$0$8,164$0$8,805$0$180,885$0$0$0
ANDREW SIROTA
DIRECTOR OF RACQUETS$91,442$0$5,000$0$61,237$0$10,435$0$10,862$0$178,976$0$0$0
JAMES PAMPINELLA II
EXECUTIVE CHEF$128,092$0$24,000$0$0$0$13,321$0$11,068$0$176,481$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6PURCHASERS OF REAL ESTATE LOTS IN THE DEVELOPMENTS KNOWN AS OAKS I, OAKS II, AND OAKS III MUST PURCHASE EITHER A SOCIAL OR EQUITY MEMBERSHIP, THE COST OF WHICH IS PRESENTLY DETERMINED BY THE BOARD OF GOVERNORS.
FORM 990, PART VI, SECTION A, LINE 7ATHE ORGANIZATION ADHERES TO ITS BY-LAWS, WHICH REQUIRE THE EQUITY MEMBERS TO VOTE ON THE SELECTION OF ITS BOARD MEMBERS. ONLY EQUITY MEMBERS ARE ENTITLED TO VOTE. THE ORGANIZATION FOLLOWS ITS BY-LAWS TO ENSURE A QUORUM OF EQUITY MEMBERS HAVE VOTED.
FORM 990, PART VI, SECTION A, LINE 7BTHE ORGANIZATION ADHERES TO ITS BY-LAWS WHICH REQUIRE APPROVAL OF THE EQUITY MEMBERS BEFORE COMMENCING WITH THE ADDITION OF ANY NEW STRUCTURE OR CLUB FACILITY, OR COMMENCING WITH THE IMPROVEMENT, REPLACEMENT OR REPAIR OF ANY EXISTING CLUB PROPERTY, WHERE THE COST OF THE ADDITION, IMPROVEMENT, REPLACEMENT OR REPAIR IS EXPECTED TO EXCEED $400,000. EXCEPT, MEMBER APPROVAL IS NOT REQUIRED FOR THE REPAIR OR REPLACEMENT OF ANY CLUB PROPERTY EXCEEDING $400,000 IF THE EXPENDITURE IS NECESSITATED BY AN UNEXPECTED EVENT OR DISCOVERY, IS NECESSARY FOR REASONS OF HEALTH, SAFETY OR TO PREVENT FURTHER DAMAGE TO THE CLUB'S EXISTING INFRASTRUCTURE AND THE EXPENDITURE IS APPROVED BY AN 80% VOTE OF THE GOVERNING BODY. IN ADDITION, APPROVAL OF THE EQUITY MEMBERS IS REQUIRED BEFORE (I) ACQUIRING OR CONTRACTING TO ACQUIRE ADDITIONAL LAND IF THE CLUB'S ASSETS, IN WHOLE OR IN PART, ARE TO BE PLEDGED AS COLLATERAL, (II) DISPOSING OF REAL PROPERTY OWNED BY THE CLUB OR (III) LEVYING AN ASSESSMENT FOR ADDITIONS TO, OR THE IMPROVEMENT, REPLACEMENT OR REPAIR OF ANY CLUB PROPERTY.
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BPRIOR TO FILING THE TAX RETURN, IT WILL BE REVIEWED BY THE TREASURER IN ITS ENTIRETY.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD OF GOVERNORS MEMBERS, THE GENERAL MANAGER, ALL DEPARTMENT DIRECTORS, AND ALL PURCHASERS ARE REQUIRED TO SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT. THE ACCOUNTING OFFICE NOTIFIES MANAGEMENT IF THERE APPEARS TO BE A CONFLICT. MANAGEMENT AND THE BOARD REVIEW BEFORE ENTERING INTO AGREEMENTS.
FORM 990, PART VI, SECTION B, LINE 15THE EVALUATION AND COMPENSATION COMMITTEE OF THE BOARD OF GOVERNORS SETS THE COMPENSATION FOR COO/GM USING A COMPENSATION MARKET SURVEY AND STUDY ALONG WITH THE RESPECTIVE WRITTEN EMPLOYMENT CONTRACTS. THE COMPENSATION DETERMINED BY THE COMMITTEE IS THEN APPROVED BY THE ENTIRE BOARD. THE GM/COO, IN CONSULTATION WITH THE EVALUATION AND COMPENSATION COMMITTEE, DETERMINES COMPENSATION FOR SENIOR MANAGEMENT INCLUDING THE DIRECTOR OF FINANCE, DIRECTOR OF GOLF, DIRECTOR OF TENNIS, DIRECTOR OF GREEN & GROUNDS, DIRECTOR OF CLUB OPERATIONS, DIRECTOR OF MEMBERSHIP, DIRECTOR OF HUMAN RESOURCES, DIRECTOR OF FITNESS AND EXECUTIVE CHEF. THE GM/COO DETERMINES COMPENSATION FOR ANY OTHER KEY EMPLOYEES BASED ON MARKET FACTORS AND COMPENSATION STUDIES. DUE TO THE NOT-FOR-PROFIT NATURE OF THE CLUB AND THE PURPOSE OF THE ORGANIZATION AND OPERATION, NON-EMPLOYEE OFFICERS SHALL SERVE WITHOUT COMPENSATION OR SALARY FROM THE CLUB, BUT WILL BE ENTITLED TO REIMBURSEMENT FOR ALL EXPENSES REASONABLY INCURRED IN PERFORMING ANY DUTIES PURSUANT TO THE BYLAWS.
FORM 990, PART VI, SECTION C, LINE 18THE CLUB PROVIDES COPIES OF FORM 990 AND FORM 1024 UPON REQUEST.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS ARE MADE AVAILABLE ON THE CLUB'S WEBSITE AND THE FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS NOT MADE AVAILABLE TO THE PUBLIC.
FORM 990, PART XI, LINE 9:EQUITY CERTIFICATES ISSUED AND UPGRADED 5,142,059. EQUITY CERTIFICATES REDEEMED -2,903,300.
FORM 990, PART XII, LINE 2CNO CHANGE FROM PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1OAKS CLUB REALTY SERVICES LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 MACEWEN DRIVEAddressLine1Txt
CityOSPREYCityNm
State AbbreviationFLStateAbbreviationCd
ZIP34229ZIPCd
FieldValueIRS element (for citing)
EIN833648165EIN
Primary ActivitiesREAL ESTATE BROKERAGEPrimaryActivitiesTxt
Legal Domicile StateFLLegalDomicileStateCd
Total Income$17,692TotalIncomeAmt
Direct Controlling NAN/ADirectControllingNACd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1OAKS CLUB REALTY LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeATransactionTypeTxt
Involved$17,692InvolvedAmt

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