2020-10-23T14:19:28-05:00 2019-12-31 561056216 MCCANNON ROGERS DRISCOLL & ASSOC LLP PO BOX 339 GASTONIA NC 280530339 990 2019-01-01 464495308 THE CRAMER MOUNTAIN CLUB INC CRAM 100 HIDDEN PASTURES DRIVE CRAMERTON NC 28032 KEN GORDON BOARD MEMBER 2020-10-08 true STEPHEN B DRISCOLL P01233027 7048670264 2020-10-14 X 66.193.79.130 2020-10-23 14:19:28 CD P 64899C84AF06F27FCD0CEA3417A46A334E235D3E 64899C84AF06F27FCD0CEA3417A46A334E235D3E 2019 2021-04-22 16:20:28Z KEN GORDON 1334760 false X X THE MISSION OF THE CRAMER MOUNTAIN CLUB IS TO PROVIDE AND PROPERLY MAINTAIN OUTSTANDING AMENITIES, ACTIVITIES, AND SERVICES WHICH ARE DESIGNED TO MEET OR EXCEED THE EXPECTATION OF ITS DIVERSE AND ACTIVE MEMBERSHIP. 9 9 32 50 135823 0 1514241 1334679 147 81 0 1514388 1334760 0 0 639056 737821 0 0 1176245 1211960 1815301 1949781 -300913 -615021 1999456 1957204 154261 514489 1845195 1442715 THE MISSION OF THE CRAMER MOUNTAIN CLUB IS TO PROVIDE AND PROPERLY MAINTAIN OUTSTANDING AMENITIES, ACTIVITIES, AND SERVICES WHICH ARE DESIGNED TO MEET OR EXCEED THE EXPECTATION OF ITS DIVERSE AND ACTIVE MEMBERSHIP. false false GOLF OPERATIONS - APPROXIMATELY 300 MEMBERS WHO PAY GOLF MEMBERSHIP DUES AND PARTICIPATE IN GOLF PROGRAMS AND RELATED FEES. MEMBERS ARE ENCOURAGED TO ACTIVELY PARTICIPATE IN GOLF COMMITTEES, TO HELP ENSURE PROPER COURSE MAINTENANCE, PROGRAMMING AND CLUB GROWTH. SPORTS SOCIAL OPERATIONS - INCLUDES ALL GOLF MEMBERS AS WELL AS MEMBERS WHO PAY FOR ACCESS TO THE HOSPITALITY, POOL AND TENNIS OPERATIONS OF THE CLUB. TOTAL MEMBERSHIP IS APPROXIMATELY 450. false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false true false true false true false false false false false false false false false 5 0 true 32 true true true false false false false false false false X 9 9 true false false false true true true true true false false true true true true true true true true false X PAUL STROMAN 7048794888 100 HIDDEN PASTURES DRIVE CRAMERTON NC 28032 X RICK HARGIS PRESIDENT 16.00 X X 0 0 0 ASHLEY DAUGHTRIDGE VICE PRESIDE 8.00 X X 0 0 0 LEIGH BLAIR TREASURER 8.00 X X 0 0 0 KRISTIN MAJOR SECRETARY 8.00 X X 0 0 0 DON DOCTOR BOARD MEMBER 2.00 X 0 0 0 SHANNON IRISH BOARD MEMBER 2.00 X 0 0 0 GINA FLOWERS BOARD MEMBER 2.00 X 0 0 0 NICOLE WILLS BOARD MEMBER 2.00 X 0 0 0 KEN GORDON BOARD MEMBER 2.00 X 0 0 0 false false false MEMBERSHIP DUES 849833 849833 GOLF REVENUE 327747 327747 GOLF REVENUE - OUTINGS 713910 135823 135823 SPORTS SOCIAL REVENUE 11526 11526 OTHER FEES 9750 9750 1334679 81 81 1334760 1198856 135823 81 634549 634549 49589 49589 53683 53683 66665 66665 32611 32611 8647 8647 10223 10223 296110 296110 4522 4522 6792 6792 204223 204223 22315 22315 COURSE LEASE 136860 136860 COURSE SUPPLIES 129184 129184 GOLF CART LEASE 94913 94913 MAINTENANCE SUPPLIES 34521 34521 164374 100065 64309 1949781 495543 1454238 0 114991 19507 347338 316503 2538831 925627 1529137 1613204 7990 7990 1999456 1957204 50476 85633 103785 47315 168382 213159 154261 514489 X 2835355 3047896 -990160 -1605181 1845195 1442715 1999456 1957204 X -615021 212541 X false false false 12500 12500 38300 4788 33512 1871739 481991 1389748 569098 405240 163858 47194 33608 13586 1613204 PREPAID DUES 213159 213159 1334760 1334760 1334760 1949781 1949781 1949781 DMD INVESTORS BOARD&EQUITY MEMBER PURCHASE OF GOLF EQUIPMENT X 359436 47315 false true true 47315 DMD INVESTORS CLUB MEMBER 136860 MONTHLY LEASE false CMC HOLDINGS CLUB MEMBERS 123807 MONTH LEASE false SCHEDULE L, PART V IN 2014, CMC PURCHASED THE SPORT SOCIAL FACILITIES AND 8 ACRES OF LAND FROM DMD INVESTORS, LLC FOR 50,000. DMD IS OWNED BY DON DOCTOR, A DIRECTOR AT THAT TIME AND A MEMBER OF THE CLUB. IN 2015, CMC PURCHASED GOLF EQUIPMENT FROM DMD INVESTORS FOR 359,436 ON A 5 YEAR NOTE. DON IS A CURRENT BOARD MEMBER, WITH A 3 YEAR TERM RUNNING JUNE 2018 - MAY 2021. CMC ENTERED INTO A LEASE AGREEMENT WITH DMD INVESTORS FOR THE GOLF COURSE AND CART BARN. LEASE ON THE GOLF COURSE WAS BASED ON 4% OF THE COST INVESTED IN THE PROPERTY AND IMPROVEMENTS WITH A PURCHASE OPTION AT COST. THE MONTHLY LEASE AMOUNT IS 11,405. DON DOCTOR AND ERIC VARGOSKO ARE PARTNERS IN CML HOLDINGS, LLC. CML HOLDINGS, LLC OWNS A BUILDING IN THE CRAMER MOUNTAIN COMMUNITY. THE CLUB LEASES ITS PRO SHOP AND LOCKER ROOMS FROM CML HOLDINGS, LLC. BASE RENT IS 7,100 AND IMPROVEMENT RENT IS 3,287 PER MONTH FOR THE PRO SHOP AND LOCKER ROOMS. FORM 990, PAGE 6, PART VI, LINE 2 CML HOLDINGS CML HOLDINGS DIRECTOR CLUB MEMBER LANDLORD-PRO SHOP/LOCKER ROOM DMD INVESTORS DIRECTOR LANDLORD-GOLF COURSE DMD INVESTORS DIRECTOR LENDER-LOAN FOR GOLF EQUIPMENT FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS 211 EQUITY MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A THE EQUITY MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B ANY INDEBTEDNESS IN EXCESS OF 200,000 MUST BE APPROVED BY A MAJORITY OF ALL OF THE MEMBERS OF THE BOARD OF DIRECTORS AND A MAJORITY OF THE VOTES CAST BY THE EQUITY MEMBERS AT A PROPERLY CALLED MEETING WHERE QUORUM EXISTS. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTE AND THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C REVIEWED EACH YEAR WHEN NEW BOARD MEMBERS ARE ELECTED. MEMBERS WITH CONFLICTS OF INTEREST REQUIRED TO DISCLOSE CONFLICTS AT THAT TIME OR LATER, AS THEY MAY ARISE. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD REVIEW AND DETERMINES COMPENSATION OF TOP MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 15B THE BOARD REVIEWS AND DETERMINES COMPENSATION OF GENERAL MANAGERS. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART XI, LINE 9 INITIATION FEES 212,541