2021-09-14T18:52:25-05:00 2020-12-31 BDO USA LLP 301 Commerce Street Suite 2000 Fort Worth TX 76102 990 2020-01-01 751282255 Shady Oaks Country Club Inc % STEVE SHIELDS - CFO SHAD 8177323333 320 Roaring Springs Road Fort Worth TX 76114 James Peebles President 8177323333 2021-08-24 true James Peebles 999009999 Jamie Eversole P00839244 8177382400 2021-08-24 2 2020 2022-09-23 18:48:47Z James Peebles 320 Roaring Springs Road Fort Worth TX 76114 12621317 false X www.shadyoaksclub.com X 1968 TX Provide recreational services and social activities to members of the club. 15 15 275 244922 108392 0 0 13682980 11315431 88436 72131 466231 616664 14237647 12004226 0 0 0 0 6333541 6927544 0 0 0 5455155 5764171 11788696 12691715 2448951 -687489 30426892 35863281 9229813 14971191 21197079 20892090 X PROVIDE RECREATIONAL SERVICES AND SOCIAL ACTIVITIES TO MEMBERS OF THE CLUB. false false 5280574 8198181 Provide recreational services and social activities to members of the club. 3845894 2386700 food and beverage - provides meals and beverages to all members. 2958726 458812 golf shop and cart - provides golf services to members. 357626 72655 Tennis and swimming 277593 199083 health and fitness 635219 271738 12720413 false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 39 0 true 275 true true true false false false false false false false X 15 15 false false false false true true false true true false false false false false false true true false X STEVE SHIELDS - CFO 8177323333 320 ROARING SPRINGS ROAD Fort Worth TX 76114 Mike Wright Director of Golf 40.0 0.0 X 405523 0 33901 Chad Cruson Club Manager 40.0 0.0 X 316606 0 32815 Brent Doolittle Golf Course Superintendant 40.0 0.0 X 298202 0 19684 Steve Shields CFO 40.0 0.0 X 252564 0 35056 Monika Benitez Tennis Pro 40.0 0.0 X 197533 0 1987 Ricardo Omana Tennis Pro 40.0 0.0 X 192839 0 1247 Daniel Reilley Health & Fitness Director 40.0 0.0 X 150593 0 21156 Brent White Governor 1.0 0.0 X 0 0 0 Alan Barron Governor 1.0 0.0 X 0 0 0 Terry Fricks Governor 1.0 0.0 X 0 0 0 James Peebles President 1.0 0.0 X X 0 0 0 George Seagraves Treasurer 1.0 0.0 X X 0 0 0 Adam Rubinson Govenor 1.0 0.0 X 0 0 0 Barry Metcalf Secretary 1.0 0.0 X X 0 0 0 Brian Barnard Vice President 1.0 0.0 X X 0 0 0 Pat Hare Governor 1.0 0.0 X 0 0 0 Jim Jay Governor 1.0 0.0 X 0 0 0 Matthew Day Governor 1.0 0.0 X 0 0 0 John McKnight Governor 1.0 0.0 X 0 0 0 Tom Luchetta Governor 1.0 0.0 X 0 0 0 David Dozier Governor 1.0 0.0 X 0 0 0 Chris Lewis Governor 1.0 0.0 X 0 0 0 1813860 0 145846 7 false true false Landscapes Unlimited LLC 1201 Aires Drive LINCOLN NE 68512 Golf Course Construc 1331803 Tri-Tex Grass 5901 E Hwy 377 GRANBURY TX 76049 Landscape Material 1315908 Ben E Keith PO Box 2607 FORT WORTH TX 76113 Food/Drink/Equipment 761163 Concrete Construction Co 124 County Road 3690 BOYD TX 76023 Concrete Install 961246 Turf Materials PO Box 270149 FLOWER MOUND TX 75027 Landscape Material 608375 5 0 MEMBERSHIP DUES 900099 8198181 8198181 FOOD & BEVERAGE 722511 2386700 2386700 GOLF SHOP & CART RENTALS 713990 458812 363082 95730 HEALTH & FITNESS 713990 199083 197733 1350 TENNIS & SWIMMING 713940 72655 63582 9073 11315431 52975 52975 0 85794 85794 0 0 0 19156 19156 19156 0 0 0 0 0 0 882746 617091 265655 265655 LATE FEES 900099 15571 15571 MISCELLANEOUS 900099 249644 249644 265215 12004226 11490504 244922 249644 0 0 0 0 1959706 0 3849987 155233 423148 539470 0 0 31500 0 0 0 0 0 175549 0 0 859589 0 0 0 0 0 1870228 225296 CLUBHOUSE OPERATIONS 282681 FOOD & BEVERAGE 1153241 GOLF SHOP & CART 252450 GOLF COURSE MAINTENANCE 451910 461727 12691715 2142320 1119175 0 0 0 0 886200 999132 0 0 0 0 2455407 2562121 247662 409119 137008 74925 53617573 22920048 24556478 30697525 0 0 0 0 0 0 0 0 1817 1284 30426892 35863281 682856 679388 0 0 8312211 9996968 0 0 0 0 0 0 0 0 0 0 234746 4294835 9229813 14971191 X 21197079 20892090 0 0 21197079 20892090 30426892 35863281 X -687489 382500 X false true X true false 275023 22729942 20196939 8555425 1860244 22920048 30697525 30697525 0 LOAN FROM FROST 4000000 OTHER CURRENT LIABILITIES 294835 4294835 12621317 617091 617091 12004226 12004226 13308806 617091 617091 12691715 12691715 Part X, Line 2 Tax positions taken related to the clubs unrelated business income and its tax exempt status as a nonprofit organization for federal tax purposes have been reviewed, and management is of the opinion that material positions taken by the club would more likely than not be sustained by examination. Accordingly, the club has not recorded an income tax liability for uncertain tax benefits. As of December 31, 2020, the clubs tax years 2017 to 2019 remain subject to examination. Part XI, Line 2d Cost of Goods Sold $ 617,091. ---------- Total $ 617,091. Part XII, Line 2d Cost of Goods Sold $ 617,091. ---------- Total $ 617,091. X X X false false false Steve Shields CFO 252564 4791 30265 287620 Chad Cruson Club Manager 316606 2400 30415 349421 Brent Doolittle Golf Course Superintendant 298202 2298 17386 317886 Mike Wright Director of Golf 405523 6228 27673 439424 Monika Benitez Tennis Pro 197533 1987 199520 Ricardo Omana Tennis Pro 192839 1247 194086 Daniel Reilley Health & Fitness Director 150593 3637 17519 171749 Form 990, Part VI, Section A, Line 6 The organization is a 501(c)(7) social club with members. Form 990, Part VI, Section A, Line 7A the board of governors is elected by the membership. Form 990, Part VI, Section B, Line 11 The form 990 is reviewed by the CFO of the organization who then presents it to the president for review and signature. Form 990, Part VI, Section B, Line 15 Compensation of the director of golf and the club manager are determined by a separate compensation committee that uses comparability data and contemporaneous substantiation. Other key employee compensation is determined by the director of golf and the club manager. Form 990, Part VI, Section C, Line 19 The organizational documents and current audited financials are available through the business office. Form 990, Part XI, Line 9, Changes in Net Assets Sale of Equity Interests $ 560,000. Distributions of equity interests $ (177,500.) -------------- Total $ 382,500.