2020-11-12T16:12:40-06:00 2019-12-31 BDO USA LLP 301 Commerce Street Suite 2000 Fort Worth TX 76102 990 2019-01-01 751282255 Shady Oaks Country Club Inc % STEVE SHIELDS - CFO SHAD 8177323333 320 Roaring Springs Road Fort Worth TX 76114 JAMES PEEBLES President 8177323333 2020-11-10 true Jamie Eversole P00839244 8177382400 2020-11-10 12.124.115.242 75963520203175000007 2020-11-12 P 4E575AF7B8CB423D295AE7705E37FA51DC788A30 4E575AF7B8CB423D295AE7705E37FA51DC788A30 2019 2021-04-22 16:20:28Z JAMES PEEBLES 320 Roaring Springs Road Fort Worth TX 76114 14878382 false X www.shadyoaksclub.com X 1968 TX Provide recreational services and social activities to members of the club. 15 15 290 549380 237508 0 0 12824753 13682980 2482 88436 502291 466231 13329526 14237647 0 0 0 0 6354708 6333541 0 0 0 6498904 5455155 12853612 11788696 475914 2448951 23439496 30426892 1263468 9229813 22176028 21197079 X PROVIDE RECREATIONAL SERVICES AND SOCIAL ACTIVITIES TO MEMBERS OF THE CLUB. false false 4442232 9740605 Provide recreational services and social activities to members of the club. 3752854 2780770 food and beverage - provides meals and beverages to all members. 2637598 852259 golf shop and cart - provides golf services to members. 391041 94782 Tennis and swimming 327384 214564 health and fitness 718425 309346 11551109 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 85 0 true 290 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 363605 0 38652 Chad Cruson Club Manager 40.0 0.0 X 296196 0 37407 Steve Shields CFO 40.0 0.0 X 229416 0 41849 Brent Doolittle Golf Course Superintendant 40.0 0.0 X 227475 0 26672 Brent White Governor 1.0 0.0 X 0 0 0 Shawn Hessing President 1.0 0.0 X X 0 0 0 Alan Barron Governor 1.0 0.0 X 0 0 0 Rod Clark Governor 1.0 0.0 X 0 0 0 Terry Fricks Governor 1.0 0.0 X 0 0 0 James Peebles Vice President 1.0 0.0 X 0 0 0 George Seagraves Govenor 1.0 0.0 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 Treasurer 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 Kriss Myers 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 1116692 0 144580 4 false true false Landscapes Unlimited LLC 1201 Aires Drive LINCOLN NE 68512 Golf Course Construc 2476599 Ogilvy clayton cocking mead 7600 E Doubletree Ranch RD 100 SCOTTSDALE AZ 85258 Architect Service 429824 JGC Environmental 2221 Justin Road 119-207 FLOWER MOUND TX 75028 Soil Removal 283364 Concrete Construction Co 124 County Road 3690 BOYD TX 76023 Concrete Instal 264198 HDIMetro Irrigation PO Box 202031 DALLAS TX 75320 Irrigation Work 126266 5 0 MEMBERSHIP DUES 900099 9740605 9740605 FOOD & BEVERAGE 722511 2780770 2780770 GOLF SHOP & CART RENTALS 713990 852259 601973 250286 HEALTH & FITNESS 713990 214564 214474 90 TENNIS & SWIMMING 713940 94782 84011 10771 13682980 88436 88436 0 199797 199797 0 0 0 0 0 0 0 0 0 0 883432 640735 242697 LATE FEES 900099 14556 14556 MISCELLANEOUS 900099 9181 9181 23737 14237647 13436389 549380 9181 0 0 0 0 5350052 0 0 150151 377940 455398 0 2249 28425 0 0 0 0 0 149444 0 0 756623 0 0 0 0 0 1534161 199344 CLUBHOUSE OPERATIONS 377712 FOOD & BEVERAGE 1203734 GOLF SHOP & CART 245512 GOLF COURSE MAINTENANCE 422123 535828 11788696 501152 2142320 0 0 0 0 725502 886200 0 0 0 0 1786008 2455407 328270 247662 117347 137008 45762008 21205530 19979832 24556478 0 0 0 0 0 0 0 0 1385 1817 23439496 30426892 670952 682856 0 0 357223 8312211 0 0 0 0 0 0 0 0 0 0 235293 234746 1263468 9229813 X 22176028 21197079 0 0 22176028 21197079 23439496 30426892 X 2448951 -3427900 X false true X true false 275023 22283526 7964842 7717807 7520810 21205530 24556478 24556478 0 OTHER CURRENT LIABILITIES 234746 234746 14878382 640735 640735 14237647 14237647 12429431 640735 640735 11788696 11788696 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, 2019, the clubs tax years 2016 to 2018 remain subject to examination. Part XI, Line 2d Cost of Goods Sold $ 640,735. Total $ 640,735. Part XII, Line 2d Cost of Goods Sold $ 640,735. Total $ 640,735. X X X false false false Steve Shields CFO 229416 7000 34849 271265 Chad Cruson Club Manager 296196 2400 35007 333603 Brent Doolittle Golf Course Superintendant 227475 6202 20470 254147 Mike Wright Director of Golf 363605 6503 32149 402257 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 Adoption of ASC 606 $ (5,921,250.) Paid-in equity portion of capital dues in relation to assessments $ 2,310,850. Sale of Equity Interests $ 525,000. Distributions of equity interests $ (342,500.) -------------- Total $ 3,427,900.