2022-11-15T15:24:03-06:00 2021-12-31 141624930 TEAL BECKER & CHIARAMONTE CPAS PC 7 WASHINGTON SQUARE ALBANY NY 12205 990 2021-01-01 853728616 HUDSON VALLEY GOLF FOUNDATION HUDS 8062208343 18 RIDGE ROAD CORNWALL NY 12518 RAY OWEN III PRESIDENT 8062208343 2022-11-07 1 RAY OWEN III 999009999 KATHARINE K DORAN CPA P00161109 5184566663 2022-11-07 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z RAY OWEN III 18 RIDGE ROAD CORNWALL NY 12518 1071096 0 X HVGFOUNDATION.ORG X 2020 DE PROVIDE A GOLF COURSE FOR THE WEST POINT MILITARY ACADEMY GOLF TEAM, US MILITARY VETERANS, AND ALSO BE ABLE TO HOLD EVENTS FOR CHARTITIES AND OTHER OCCASIONS. 4 3 5 0 0 0 1858335 1056459 0 0 1 627 0 14010 1858336 1071096 0 0 0 0 10510 191536 0 0 0 76289 277227 86799 468763 1771537 602333 1843230 8649519 71693 6275649 1771537 2373870 PROVIDE A GOLF COURSE FOR THE WEST POINT MILITARY ACADEMY GOLF TEAM, US MILITARY VETERANS, AND ALSO BE ABLE TO HOLD EVENTS FOR CHARITIES AND OTHER OCCASIONS. 0 0 PROVIDE A GOLF COURSE FOR THE WEST POINT MILITARY ACADEMY GOLF TEAM, US MILITARY VETERANS, AND ALSO BE ABLE TO HOLD EVENTS FOR CHARITIES AND OTHER OCCASIONS. 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 5 0 1 5 1 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 NY X MALLORY FRICK 8062208343 18 RIDGE ROAD CORNWALL NY 12518 X RAY OWEN III PRESIDENT 0.00 X 0 0 0 CHRIS GRAY VP 0.00 X 0 0 0 CHAD BAGLEY SECRETARY 0.00 X 0 0 0 RALPH HAMM III TREASURER 0.00 X 0 0 0 0 0 0 0 0 0 0 JGCC GOLF N SPORTS TURF INC 660 OCEAN SHORE BLVD ORMOND BEACH FL 32176 RENOVATION/CONSTRUCTION 1082187 GRAYWORKS LLC 602 W MARION STREET SHELBY NC 28150 FACILITIES MANAGEMENT 248587 2 1056459 1056459 627 627 850 0 850 850 850 GAIN ON ASSET SALE 713910 13160 13160 13160 1071096 0 0 14637 163948 163948 12905 12905 14683 14683 33700 33700 21647 21647 7247 7247 40787 40787 INSURANCE 40638 40638 ADVERTISING & MARKETING 40146 40146 PROPERTY TAXES 34405 34405 UTILITIES 29718 29718 28939 28939 468763 0 468763 0 229703 2005295 6121 2650 162000 6516890 40787 1610877 6476103 1843230 8649519 71693 328202 0 5947447 71693 6275649 X 1771537 2373870 1771537 2373870 1843230 8649519 602333 0 X X 0 1 X 1 0 X 1858335 1056459 2914794 1858335 1056459 2914794 1858335 1000000 2858335 0 1858335 1000000 2858335 56459 1 1477 1478 1 1477 1478 1858336 1057936 2916272 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 610000 610000 770000 30333 739667 80360 10454 69906 5056530 5056530 6476103 X 1071096 0 1071096 0 1071096 468763 0 468763 0 468763 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. AS OF DECEMBER 31, 2021, THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR INCOME TAX POSITIONS TAKEN AND TO BE TAKEN ON ITS RETURNS BASED ON AN ASSESSMENT OF MANY FACTORS INCLUDING EXPERIENCE AND INTERPRETATIONS OF TAX LAWS APPLIED TO THE FACTORS OF EACH MATTER. THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE, AND THERE ARE NO MATERIAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS. GRAYWORKS LLC OWNED BY CHRIS GRAY, BOARD VP/TREASURER ACCOUNTS PAYABLE X 31299 31299 0 1 1 AK BLAIR PARTNERS LP OWNED BY RAY OWEN III, DIRECTOR CONSTRUCTION LOAN X 5916148 5916148 0 1 0 5947447 GRAYWORKS LLC MEMBER OF BOARD OF DIRECTORS 255420 GRAYWORKS LLC, ENTITY OWNED BY CHRIS GRAY (VP/TREASURER) IS CONTRACTED TO MANAGE CONSTRUCTION OF GOLF COURSE FOR ORGANIZATION'S PURPOSE. 0 FORM 990, PART VI, SECTION B, LINE 11B A COPY TO THE 990 IS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 POLICY IN PLACE TO SUPPLEMENT BUT NOT REPLACE ANY APPLICABLE STATE AND FEDERAL LAWS GOVERNING CONFLICT OF INTEREST APPLICABLE TO NONPROFIT AND CHARITABLE ORGANIZATIONS. A FINANCIAL INTEREST IS NOT NECESSARILY A CONFLICT OF INTEREST. A PERSON OF FINANCIAL INTEREST MAY ONLY HAVE A CONFLICT OF INTEREST ONLY IF THE APPROPRIATE GOVERNING BOARD OR COMMITTEE DECIDES THAT A CONFLICT OF INTEREST EXISTS. THERE IS A DUTY TO DISCLOSE ANY ACTUAL OR POSSIBLE MATERIAL CONFLICT OF INTERESTS TO THE APPLICABLE BOARD OR COMMITTEE DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER ALL MATERIAL FACTS ARE DISCUSSED WITH APPLICABLE BOARD OR COMMITTEE AND THE PERSON OF FINANCIAL INTEREST, THE PERSON OF FINANCIAL INTEREST IS ASKED TO LEAVE THE ROOM WHILE THE BOARD OR COMMITTEE DISCUSSES AND VOTES UPON A DECISION. ALL MINUTES OF GOVERNING BOARD MEETING WITH BOARD DELEGATED POWERS SHALL CONTAIN THE NATURE OF THE FINANCIAL INTEREST DISCUSSED, POSSIBLE CONFLICTS, ANY ACTION TAKEN TO DETERMINE THE CONFLICT AND WHO WAS PRESENT IN MAKING THE DECISION AND ANY ALTERNATIVE SOLUTIONS DISCUSSED THROUGHOUT PROCEEDINGS. A VOTING MEMBER WHO RECEIVES COMPENSATION DIRECTLY OR INDIRECTLY FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT PERSONS COMPENSATION. FORM 990, PART VI, SECTION B, LINE 15 TO PROVIDE A MECHANISM FOR EMPLOYEES TO RAISE GOOD FAITH CONCERNS REGARDING VIOLATION OF THE LAW ON THE PART OF THE ORGANIZATION. THE PROCESS WOULD BEGIN WITH AN EMPLOYEE GOING TO THE THE PRESIDENT, ANY FURTHER REPORTS OR SUSPECTED VIOLATIONS OF THE LAW OR POLICY WILL BE INVESTIGATED PROMPTLY AND IN A MANNER CONFIDENTIALLY, CONSISTENT WITH A FULL AND FAIR INVESTIGATION. THE PRESIDENT WILL CONDUCT OR DESIGNATE OTHER INTERNAL OR EXTERNAL PARTIES TO CONDUCT THE INVESTIGATIONS. THE FINDINGS BY THE DESIGNATED INVESTIGATED PARTIES WILL BE PRESENTED IN A SUMMARY IN FRONT OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART XII, LINE 2C THE BOARD CONSISTS OF FOUR INDEPENDENT MEMBERS WHO OVERSEE THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT.