2020-11-13T13:14:37-06:00 2019-12-31 381357951 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT SUITE 500 AUBURN HILLS MI 48326 990 2019-01-01 380477160 DETROIT ATHLETIC CLUB DETR 3139639200 241 MADISON AVENUE DETROIT MI 48226 AARON LACKEY CFO 3139639200 2020-11-12 1 LYNNE M HUISMANN P00053811 2483757100 2020-11-12 67.59.56.30 2020-11-12 11:13:45 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 EBB51160BF2136090E0706D858221EDFD566B897 2019 2021-04-22 16:20:28Z JG TED GILLARY 241 MADISON AVENUE DETROIT MI 48226 40743809 0 X WWW.THEDAC.COM X 1931 MI A DISTINGUISHED PRIVATE CLUB PRESERVING AND CELEBRATING HUMANITY. THE MOST SOUGHT AFTER EXPERIENCE IN DETROIT. 18 18 616 0 4942364 178534 0 0 23359332 24824175 -135796 -25324 10831764 10686941 34055300 35485792 0 0 0 0 18176468 19061097 0 0 0 12658817 12963616 30835285 32024713 3220015 3461079 58958680 58820490 16647964 15843515 42310716 42976975 TO CREATE LIFE-ENRICHING EXPERIENCES THAT BUILD MEANINGFUL RELATIONS, FOSTER PERSONAL AND PROFESSIONAL GROWTH, AND CELEBRATE CULTURE IN THE HEART OF DETROIT. 0 0 PROVIDE PLEASURE, RECREATION, AND SOCIAL OPPORTUNITIES FOR THE APPROXIMATELY 5,100 MEMBERS OF THE DETROIT ATHLETIC CLUB. 0 0 0 0 0 0 1 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 241 0 1 616 1 1 1 0 0 0 1 1 3009741 4948051 0 0 0 X 18 18 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X AARON LACKEY - CFO 3139639200 241 MADISON AVENUE DETROIT MI 48226 J G TED GILLARY EXECUTIVE MANAGER 40.00 1.00 X 485192 0 181728 KEVIN BRENNAN EXECUTIVE CHEF 50.00 0.00 X 233125 0 77705 AARON LACKEY CHIEF FINANCIAL OFFICER 50.00 1.00 X 225668 0 23279 CHARLES JOHNSON ASSISTANT GENERAL MANAGER 50.00 0.00 X 211691 0 24291 ROB BARR ATHLETIC DIRECTOR 50.00 0.00 X 183253 0 11196 BRUCE BAKA CHIEF ENGINEER 50.00 0.00 X 125926 0 19019 WENDY EDWARDS ADVERTISING MANAGER 50.00 0.00 X 125639 0 4350 JANE JUSZCZYK ASSISTANT SECRETARY 40.00 1.00 X 101845 0 28293 KRISTEN MCCALLUM RITTER PRESIDENT 1.00 1.00 X X 0 0 0 BRIAN DEMKOWICZ 1ST VICE PRESIDENT 1.00 1.00 X X 0 0 0 DAVID DEVINE 2ND VICE PRESIDENT 1.00 1.00 X X 0 0 0 J MICHAEL BERNARD SECRETARY 1.00 0.00 X X 0 0 0 VITO P GIOIA II TREASURER 1.00 0.00 X X 0 0 0 LORNA UTLEY DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL K LOTITO DIRECTOR 1.00 0.00 X 0 0 0 THOMAS HATHAWAY DIRECTOR 1.00 0.00 X 0 0 0 JOHN DUNWOODY DIRECTOR 1.00 0.00 X 0 0 0 ERLICH CRAIN DIRECTOR 1.00 1.00 X 0 0 0 PATRICK PETZ DIRECTOR 1.00 0.00 X 0 0 0 DAVID FISHER DIRECTOR 1.00 0.00 X 0 0 0 DERRON M SANDERS DIRECTOR 1.00 0.00 X 0 0 0 CLYDE SUTTON III DIRECTOR 1.00 0.00 X 0 0 0 MATTHEW PAPPAS DIRECTOR 1.00 0.00 X 0 0 0 DAVID T PROVOST DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL J HUTCHINSON DIRECTOR 1.00 0.00 X 0 0 0 LORRON E JAMES DIRECTOR 1.00 1.00 X 0 0 0 1692339 0 369861 15 0 1 0 SMITHGROUP INC 500 GRISWOLD STREET SUITE 1700 DETROIT MI 48226 ARCHITECTURAL, ENGINEERING, AND PLANNING 325713 EMERALD CITY DESIGNS 24590 N INDUSTRIAL ROAD FARMINGTON HILLS MI 48335 EVENT DECORATIONS 306990 AVES AUDIO VISUAL 216 ORCHARD VIEW DRIVE ROYAL OAK MI 48073 AUDIO VISUAL 215266 GPH SERVICES 15003 CHARLEVOIX STREET GROSSE POINTE PARK MI 48230 CONSTRUCTION SERVICES 155025 PLANTE & MORAN LLP 26300 NORTHWESTERN HIGHWAY SUITE 1 SOUTHFIELD MI 48076 LEGAL SERVICES 113890 5 MEMBERSHIP DUES 812900 18903790 18903790 ATHLETIC SERVICES 812900 2490420 1988058 502362 ROOM RENTAL 812900 1890459 1075052 815407 GARAGE SERVICES 812930 664082 88356 575726 SPECIAL EVENTS 812900 486188 486188 389236 274007 115229 24824175 65592 0 65592 65592 65592 2700 28024 -25324 -25324 -25324 14256850 5229993 9026857 6827166 2199691 NEWSLETTER 541800 981091 312734 668357 ENRICHMENT FUND 812900 304378 304378 LATE FEES 812900 253291 253291 55732 55732 1594492 35485792 30568752 4942364 -25324 1046005 13478935 143021 2959469 1433667 313858 56945 612549 138 3004099 538065 2117888 266586 295663 3912052 TAXES AND LICENSES 732053 MEMBERSHIP FUNCTIONS 123915 ELECTION DAY EXPENSES 61440 INCOME TAX EXPENSE 26763 901602 32024713 1359161 1177173 3392973 3023032 850509 863474 1323308 1426528 97061736 44731453 52002504 52330283 30225 0 58958680 58820490 2987392 2810605 2493150 3689150 10926067 6451553 241355 2892207 16647964 15843515 X 42310716 42976975 42310716 42976975 58958680 58820490 X 3461079 -31824 -2762996 X X 0 1 X 1 0 X PRIVATE ENJOYMENT OF MEMBER 0 1063972 1063972 74406890 36026132 38380758 7317635 2020449 5297186 13211876 6650183 6561693 1061363 34689 1026674 52330283 FUNDS HELD FOR SOCIAL CLUBS 127612 LIABILITIES FOR SETTLEMENT OF MULTIEMPLOYER PENSION PLANS 2762996 FORWARD INTEREST RATE SWAP 1599 2892207 X PART III, LINE 1A: THE CLUB'S ARTWORK, ACQUIRED MAINLY THROUGH CONTRIBUTIONS SINCE THE CLUB'S INCEPTION, IS NOT RECOGNIZED AS AN ASSET ON THE CONSOLIDATED BALANCE SHEET. EACH ITEM OF ARTWORK IS CATALOGED, PRESERVED, AND CARED FOR AND PROCEDURES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED CONTINUOUSLY. PART III, LINE 4: VARIOUS WORKS OF ART PRIMARILY CONTRIBUTED BY MEMBERS FOR THE QUIET ENJOYMENT OF MEMBERS OF THE CLUB. PART X, LINE 2: DETROIT ATHLETIC CLUB IS A NOT-FOR-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(7). NO TAX PROVISION IS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS, AS NO TAX BENEFIT IS EXPECTED TO BE REALIZED ON THE ACCUMULATED LOSSES TO DATE. THE CLUB IS, HOWEVER, SUBJECT TO TAX ON ITS UNRELATED BUSINESS INCOME, FOR WHICH APPROPRIATE PROVISION HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CLUB AND RECOGNIZE A TAX LIABILITY IF THE CLUB HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CLUB AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2019 AND 2018, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CLUB IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. X 1 1 X X X 0 1 0 J G TED GILLARY EXECUTIVE MANAGER 371992 0 100000 0 13200 0 152501 0 29227 0 666920 0 0 0 KEVIN BRENNAN EXECUTIVE CHEF 178296 0 49829 0 5000 0 50611 0 27094 0 310830 0 0 0 AARON LACKEY CHIEF FINANCIAL OFFICER 185849 0 39819 0 0 0 0 0 23279 0 248947 0 0 0 CHARLES JOHNSON ASSISTANT GENERAL MANAGER 173683 0 38008 0 0 0 0 0 24291 0 235982 0 0 0 ROB BARR ATHLETIC DIRECTOR 144343 0 38910 0 0 0 0 0 11196 0 194449 0 0 0 PART I, LINE 1A THE EXECUTIVE MANAGER - TRAVEL FOR COMPANION BENEFIT WAS USED DURING THE TAX YEAR AND INCLUDED IN TAXABLE COMPENSATION PART I, LINE 4B JOHN GILLARY PARTICIPATED IN THE SPLIT DOLLAR AGREEMENT FOR MR. GILLARY (THE "AGREEMENT"). THE AGREEMENT WAS ENTERED INTO BY AND BETWEEN THE DETROIT ATHLETIC CLUB AND MR. GILLARY TO PROVIDE FOR LIFE INSURANCE PROTECTION WHICH CONVERTED INTO A RETIREMENT BENEFIT UPON MR. GILLARY'S ATTAINMENT OF AGE 65. THERE WERE NO PAYMENTS IN 2019. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS AN ANNUAL ELECTION OPEN TO ALL RESIDENT AND SENIOR MEMBERS IN GOOD STANDING TO ELECT MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS PER THE CLUB BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY CLUB MANAGEMENT AND A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE OF DISCLOSURE IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. IF IT IS DETERMINED THAT A CONFLICT EXISTS, THE BOARD MEMBER IS RECUSED FROM VOTING ON ANY ITEMS WHERE THERE MAY BE A POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE SUB-COMMITTEE OF BOARD REVIEWS THE EXECUTIVE MANAGER COMPENSATION USING COMPARABLE DATA SUPPLIED BY INDUSTRY SOURCES. THE EXECUTIVE MANAGER REVIEWS THE COMPENSATION OF OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST IN THE MEMBERSHIP OFFICE. FINANCIALS ARE PUBLISHED ANNUALLY IN THE DAC NEWS MAGAZINE MAILED DIRECTLY TO EACH MEMBER; THEY ARE ALSO AVAILABLE AT AN ANNUAL MEETING OPEN TO ALL MEMBERS. THE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: LOSS ON WITHDRAWAL FROM MULTI-EMPLOYER PENSION PLAN -2,762,996. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. DETROIT ATHLETIC CLUB FOUNDATION 241 MADISON AVENUE DETROIT MI 48226 383479236 TO RAISE AND EXPEND FUNDS FOR THE PUBLIC GOOD MI 501(C)(3) 7 N/A 0 MAS DETROIT CORP 241 MADISON AVENUE DETROIT MI 48226 464061746 CIGAR BAR MI DETROIT ATHLETIC CLUB C 104934 112401 1.00000 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 MAS DETROIT CORP A 65592 COMPARABLE TRANSACTIONS