2025-09-22T12:09:51-05:00 2025-02-28 201766527 WAUGH & GOODWIN LLP 2925 PROFESSIONAL PLACE STE 201 COLORADO SPRINGS CO 80904 990 2024-02-29 840451266 COLORADO SPRINGS COUNTRY CLUB COLO 7196348851 3333 TEMPLETON GAP ROAD COLORADO SPRINGS CO 80907 MICHAEL ROWE TREASURER 7196348851 2025-09-18 1 1 JILL J GOODWIN CPA P00450838 7195909777 2025-09-11 2024 2025-03-06 01:10:19Z KEVIN SANGER 3333 TEMPLETON GAP ROAD COLORADO SPRINGS CO 80907 5164386 0 X WWW.CSCOUNTRYCLUB.COM X 1954 CO THE CLUB OFFERS ITS MEMBERS FULL COUNTRY CLUB FACILITIES INCLUDING GOLF, TENNIS, PICKLEBALL, SWIMMING, FITNESS, DINING, AND SOCIAL ACTIVITIES. 9 9 161 100 39732 0 0 0 3744242 3742034 9702 18915 -653944 -840811 3100000 2920138 0 0 0 0 1653156 1719775 0 0 0 1064810 1082224 2717966 2801999 382034 118139 7535450 7455971 1956397 1761279 5579053 5694692 TO PROVIDE GOLF, TENNIS, PICKLEBALL, SWIMMING, FITNESS, DINING, AND SOCIAL ACTIVITIES. 0 0 1840571 2880406 PROVIDING GOLF, TENNIS, PICKLEBALL, SWIMMING, FITNESS, DINING, AND SOCIAL ACTIVITIES. 1840571 0 0 0 0 0 0 0 0 0 1 0 0 0 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 42 0 1 161 1 1 1 0 0 0 0 0 0 133663 315099 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 THE ORGANIZATION 7196348851 3333 TEMPLETON GAP ROAD COLORADO SPRINGS CO 80907 JOE ADDUCCI SECRETARY BEGINNING 10/24 5.00 X X 0 0 0 CARRE BISTLINE DIRECTOR 5.00 X 0 0 0 JEFF SECOR DIRECTOR 5.00 X 0 0 0 JESS WILLIAMS PRESIDENT BEGINNING 10/24 5.00 X X 0 0 0 DAVE SCHWARTZ PRESIDENT THRU 10/24 5.00 X X 0 0 0 BRENT SANDERS VICE PRESIDENT 5.00 X X 0 0 0 DWAINE COOPER TREASURER THRU 1/25 5.00 X X 0 0 0 CHRISTIE SCHWANK SECRETARY THRU 10/24 5.00 X X 0 0 0 MIKE ROWE TREASURER BEGINNING 1/25 5.00 X X 0 0 0 LANCE KOSS DIRECTOR THRU 10/24 5.00 X 0 0 0 ABRIENA SABO DIRECTOR 5.00 X 0 0 0 HUNTER BERGE DIRECTOR 5.00 X 0 0 0 JAMES DAYHOFF DIRECTOR 5.00 X 0 0 0 KEVIN SANGER GENERAL MANAGER 60.00 X 153801 0 27182 153801 0 27182 1 0 1 0 0 MEMBERSHIP DUES 713910 2498640 2498640 GOLF AND AMENITIES INCOME 713910 519036 402371 116665 CAPITAL IMPROVEMENT 713910 341449 341449 DEBT SERVICE ASSESSMENTS 713910 162109 162109 INITIATION FEES 713910 133663 133663 87137 74718 12419 3742034 18915 18915 1403437 2244248 -840811 -732544 -108267 2920138 2880406 39732 0 182333 117116 65217 1307216 839653 467563 28830 18518 10312 82779 45740 37039 118617 80145 38472 10450 10450 92808 30000 62808 22855 1040 21815 95096 32029 63067 34453 28443 6010 143782 104804 38978 9854 6095 3759 35617 35617 243692 226769 16923 14259 5436 8823 LANDSCAPING & COURSE MA 201195 200594 601 REPAIRS & MAINTENANCE 118493 68573 49920 FUEL 30304 30304 MEALS & ENTERTAINMENT 11746 11746 17620 5312 12308 2801999 1840571 961428 0 414660 339029 685763 751770 50381 79478 140844 133747 94118 107351 13497416 8075833 5472036 5421583 375000 375000 302648 248013 7535450 7455971 334339 318320 339294 343715 980116 851231 302648 248013 1956397 1761279 X 5579053 5694692 5579053 5694692 7535450 7455971 X 118139 -2500 X X 0 1 X 1 0 2317376 2317376 3609393 2584480 1024913 7570647 5491353 2079294 5421583 OPERATING LEASE LIABILITY 248013 248013 X 5164386 2244248 2244248 2920138 0 2920138 5046247 2244248 2244248 2801999 0 2801999 PART X, LINE 2: THE CLUB IS EXEMPT FROM INCOME TAX ON REVENUE GENERATED BY FEES FROM MEMBERS UNDER INTERNAL REVENUE CODE SECTION 501(C)(7). THE CLUB PAYS INCOME TAXES ON ITS INVESTMENT INCOME AND INCOME RECEIVED FROM NON-MEMBERS, LESS ANY EXPENSES INCURRED TO PRODUCE THE INCOME. THE CLUB'S FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AND FORM 990-T, EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN, ARE SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE DATE FILED. MANAGEMENT OF THE CLUB BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED NET ON FORM 990 2,244,248. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD REPORTED NET ON FORM 990 2,244,248. X X 0 0 0 KEVIN SANGER GENERAL MANAGER 153801 0 0 0 0 0 4881 0 22301 0 180983 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE COUNTRY CLUB HAS MEMBERSHIP IN THE FOLLOWING CATEGORIES: RESIDENT, CORPORATE RESIDENT, JR. EXECUTIVE, LIFE, NON-RESIDENT, RECREATIONAL, CLUBHOUSE, SOCIAL AND OTHER. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS ELECTED BY, AND MAY BE REMOVED BY, VOTING MEMBERS. MEMBERS WITH THE DESIGNATION RESIDENT, CORPORATE RESIDENT AND LIFE MEMBERSHIPS ARE ENTITLED TO TWO VOTES PER MEMBERSHIP. MEMBERS WITH THE DESIGNATION JUNIOR MEMBERSHIP, SOCIAL AND SINGLE MEMBERSHIP ARE ENTITLED TO ONE VOTE PER MEMBERSHIP. ALL OTHER MEMBERS ARE NOT ENTITLED TO VOTE. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD MAY EXPEND FUNDS AS NECESSARY TO MAINTAIN, OPERATE AND IMPROVE THE FACILITIES; FOR HEALTH, SAFETY, OR TO COMPLY WITH APPLICABLE LAW; AND AS PROVIDED IN THE CLUBS APPROVED ANNUAL BUDGET. THE BOARD SHALL NOT EXPEND FUNDS FOR ANY SINGLE NEW CAPITAL IMPROVEMENT ESTIMATED TO REQUIRE AGGREGATE PROJECT COSTS IN EXCESS OF $300,000.00 WITHOUT PRIOR AUTHORIZATION BY THE MAJORITY OF VOTES CAST BY THE VOTING MEMBERSHIPS. A SALE OR DISPOSITION OF SUBSTANTIALLY ALL OF THE PROPERTY AND ASSETS OF THE CLUB OR THE DISSOLUTION OF THE CLUB SHALL REQUIRE THE AFFIRMATIVE VOTE OF A MAJORITY OF ALL ELIGIBLE VOTING MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER SEES THAT THE FORM 990 IS PREPARED. THE BOARD RECEIVES A COPY FOR REVIEW OF THE FORM 990 PRIOR TO IT BEING FILED. FORM 990, PART VI, LINE 1 THE NUMBER OF DIRECTORS LISTED IN PART VII IS GREATER THAN THE NUMBER OF DIRECTORS AT THE END OF THE YEAR ON PART VI LINE 1A DUE TO TURNOVER ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS ADDRESS ISSUES RELATED TO THE CONFLICT OF INTEREST POLICY AT THE BOARD RETREAT AND INITIAL COMMITTEE MEETINGS. THE CONFLICT OF INTEREST POLICY IS DISCUSSED IN THE CLUB'S PRINCIPLES OF GOVERNANCE. FORM 990, PART VI, SECTION B, LINE 15 COMPARABLE DATA FROM EMPLOYERS COUNCIL, CLUB BENCHMARKING, INDEED SURVEY AND DATA, PGA AND CMAA IS UTILIZED IN ORDER TO DETERMINE EXECUTIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST. INTERESTED PARTIES MAY USE THE CONTACT INFORMATION LISTED ON PART VI OF FORM 990 TO REQUEST REVIEW OF THESE RECORDS. FORM 990, PART XI, LINE 9: RETURN OF MEMBERSHIP EQUITY -2,500. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.