BETA

CRYSTAL TREE GOLF AND COUNTRY CLUB: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
CRYSTAL TREE GOLF AND COUNTRY CLUB (EIN 36-3604050)
Tax period
2018-04-01 to 2019-03-31
Filed
2020-02-18
IRS object ID
202020499349300702
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-02-18T07:24:28-06:00ReturnTs
Tax Period End2019-03-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN362985770PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SELDEN FOX LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1619 ENTERPRISE DRIVEAddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP605238835ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-04-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN363604050EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CRYSTAL TREE GOLF & COUNTRY CLUBBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCRYSBusinessNameControlTxt
Phone7084033000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110700 WEST 153RD STREETAddressLine1Txt
CityORLAND PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60462ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM FROSTPersonNm
Person TitleTREASURERPersonTitleTxt
Phone7084033000PhoneNum
Signature2020-02-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPAUL J ROZEKPreparerPersonNm
PTINP00542258PTIN
Phone6309541400PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address50.201.115.82IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-02-07IPDt
IP Tm07:21:38IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id89F828458F8DAB2FFD6392A46D35925BEA2E8B14AtSubmissionCreationDeviceId
At Submission Filing Device Id89F828458F8DAB2FFD6392A46D35925BEA2E8B14AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-09-23 17:36:50ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJAMES TROYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line110700 WEST 153RD STREETAddressLine1Txt
CityORLAND PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60462ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,913,523GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.CRYSTALTREECC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1988FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionA PRIVATE MEMBERSHIP COUNTRY CLUB TO SERVE THE SOCIAL AND RECREATIONAL NEEDS OF ITS MEMBERSActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee186TotalEmployeeCnt
Total Volunteers12TotalVolunteersCnt
Total Gross UBI$498,425TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$4,870,642PYProgramServiceRevenueAmt
CY Program Service Revenue$5,169,502CYProgramServiceRevenueAmt
PY Investment Income$85PYInvestmentIncomeAmt
CY Investment Income$74CYInvestmentIncomeAmt
PY Other Revenue$1,830,498PYOtherRevenueAmt
CY Other Revenue$1,695,079CYOtherRevenueAmt
PY Total Revenue$6,701,225PYTotalRevenueAmt
CY Total Revenue$6,864,655CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,198,699PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,124,024CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$4,004,482PYOtherExpensesAmt
CY Other Expenses$4,133,495CYOtherExpensesAmt
PY Total Expenses$7,203,181PYTotalExpensesAmt
CY Total Expenses$7,257,519CYTotalExpensesAmt
PY Revenues Less Expenses-$501,956PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$392,864CYRevenuesLessExpensesAmt
Total Assets BOY$24,376,480TotalAssetsBOYAmt
Total Assets EOY$23,611,505TotalAssetsEOYAmt
Total Liabilities BOY$21,836,744TotalLiabilitiesBOYAmt
Total Liabilities EOY$21,501,348TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,539,736NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,110,157NetAssetsOrFundBalancesEOYAmt
MissionA PRIVATE MEMBERSHIP COUNTRY CLUB TO SERVE THE SOCIAL AND RECREATIONAL NEEDS OF ITS MEMBERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescA PRIVATE MEMBERSHIP COUNTRY CLUB TO SERVE THE SOCIAL AND RECREATIONAL NEEDS OF ITS MEMBERS.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document10IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee186EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Initiation Fees And Cap Contri$70,212InitiationFeesAndCapContriAmt
Gross Receipts For Public Use$648,193GrossReceiptsForPublicUseAmt
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KRISTIN AMBROSEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7084033000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110700 WEST 153RD STREETAddressLine1Txt
CityORLAND PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60462ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JAMES TROY
PRESIDENT5.00Yes (X)Yes (X)$0$0$0
DANIEL POLLOCK
VICE PRESIDENT5.00Yes (X)Yes (X)$0$0$0
BRUCE BOZICH
SECRETARY5.00Yes (X)Yes (X)$0$0$0
WILLIAM FROST
TREASURER5.00Yes (X)Yes (X)$0$0$0
MICHAEL DUDEK
DIRECTOR5.00Yes (X)$0$0$0
DONALD JEANES
DIRECTOR5.00Yes (X)$0$0$0
MICHAEL SCOTT
DIRECTOR5.00Yes (X)$0$0$0
GREGORY KOLINSKI
DIRECTOR5.00Yes (X)$0$0$0
TIMOTHY MCFARLAND
DIRECTOR5.00Yes (X)$0$0$0
WILLIAM NERO
DIRECTOR5.00Yes (X)$0$0$0
PATRICK SCHULER
DIRECTOR5.00Yes (X)$0$0$0
MICHAEL YAZBEK
DIRECTOR5.00Yes (X)$0$0$0
RAYMOND DEVOS ENDED 718
DIRECTOR5.00Yes (X)$0$0$0
PATRICIA SLATIN
CLUB MANAGER54.00Yes (X)$115,350$0$11,153
KRISTIN AMBROSE
CONTROLLER54.00Yes (X)$97,428$0$14,207
JIMMY CHRISTENSEN
EXECUTIVE CHEF54.00$140,172$0$9,694Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$352,950TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$35,054TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
MEMBERSHIP DUES713910$2,532,282$2,532,282
OPERATING ASSESSMENTS713910$939,533$939,533
GOLF OPERATIONS713910$776,945$722,795$54,150
FOOD DEPARTMENT713910$749,757$738,958$10,799
LOCKER DEPARTMENT713910$74,655$74,655

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$96,330TotalRevenueColumnAmt
Related Or Exempt Func Income$96,330RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$5,169,502TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$74TotalRevenueColumnAmt
Unrelated Business Revenue$74UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$2,693,640GrossSalesOfInventoryAmt
Cost Of Goods Sold$1,048,868CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,644,772TotalRevenueColumnAmt
Related Or Exempt Func Income$1,211,370RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$433,402UnrelatedBusinessRevenueAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MISCELLANEOUS900099$28,356$28,356
LATE PAYMENT PENALTIES900099$21,951$21,951
FieldValueIRS element (for citing)
Other Revenue Total$50,307OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,864,655TotalRevenueColumnAmt
Related Or Exempt Func Income$6,366,230RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$498,425UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$238,138TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,432,033TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$17,478TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$193,244TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$243,131TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$27,856TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$383,514TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$54,929TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$731,706TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$856,044TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$799,480TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$122,857TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
SUPPLIES$411,451
ENTERTAINMENT AND PROMO$245,350
EQUIPMENT RENTAL AND MA$243,303
VALET$11,014

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$245,991TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,257,519TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$230,434BOYAmt
EOY$255,268EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$78,468BOYAmt
EOY$1,754EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$371,289BOYAmt
EOY$282,445EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$310,253BOYAmt
EOY$232,895EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$135,370BOYAmt
EOY$156,552EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$34,371,202LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$11,688,611LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$23,250,666BOYAmt
EOY$22,682,591EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$24,376,480BOYAmt
EOY$23,611,505EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,100,202BOYAmt
EOY$984,256EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$326,151BOYAmt
EOY$360,613EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$20,350,391BOYAmt
EOY$20,156,479EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$60,000BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$21,836,744BOYAmt
EOY$21,501,348EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,539,736BOYAmt
EOY$2,110,157EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,539,736BOYAmt
EOY$2,110,157EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$24,376,480BOYAmt
EOY$23,611,505EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$392,864ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$36,715OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,116,416OtherCostOrOtherBasisAmt
Book Value$9,116,416BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,513,285OtherCostOrOtherBasisAmt
Depreciation$4,171,123DepreciationAmt
Book Value$10,342,162BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,968,323OtherCostOrOtherBasisAmt
Depreciation$3,437,453DepreciationAmt
Book Value$530,870BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,773,178OtherCostOrOtherBasisAmt
Depreciation$4,080,035DepreciationAmt
Book Value$2,693,143BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$22,682,591TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,913,523TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$7,913,523RevenueSubtotalAmt
Other Revenues Not Included-$1,048,868OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$1,048,868RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,864,655TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$8,343,102TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1,085,583OtherExpensesIncludedAmt
Expenses Not Reported$1,085,583ExpensesNotReportedAmt
Expenses Subtotal$7,257,519ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,257,519TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE CLUB IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(7) OF THE INTERNAL REVENUE CODE. UNDER THIS SECTION, UNRELATED BUSINESS INCOME AND INVESTMENT INCOME, AS DEFINED, ARE SUBJECT TO FEDERAL AND STATE TAXES AT CORPORATE RATES. AS OF MARCH 31, 2019, THE CLUB'S INCOME TAX RETURNS FOR FISCAL YEARS 2016 AND SUBSEQUENT ARE OPEN TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. ACCOUNTING STANDARDS CODIFICATION ("ASC") 740-10, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES," REQUIRES THAT UNCERTAIN INCOME TAX POSITIONS BE RECORDED IN THE FINANCIAL STATEMENTS AT AN AMOUNT THAT WOULD MOST LIKELY BE REALIZED ASSUMING A REVIEW BY THE TAX AUTHORITIES. MANAGEMENT HAS ASSESSED ITS INCOME TAX POSITIONS AND BELIEVES ANY POTENTIAL LIABILITY THAT MIGHT ARISE FROM A REVIEW BY TAX AUTHORITIES WOULD BE IMMATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE.
PART XI, LINE 4B - OTHER ADJUSTMENTS:COST OF GOODS SOLD -1,048,868.
PART XII, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD 1,048,868. DECREASE IN RESIGNED REGULAR MEMBERS' RECEIVABLES 36,715.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6THERE ARE TWO MAJOR CLASSES OF MEMBERS, EQUITY MEMBERS AND NON-EQUITY MEMBERS. MEMBERS WHO ARE ENTITLED TO SHARE IN LIQUIDATION PROCEEDS, AND WHO PURCHASE A REDEEMABLE, OR PARTIALLY REDEEMABLE, CERTIFICATE ARE DEEMED "EQUITY" MEMBERS. THESE MEMBERS HAVE THE AUTHORITY TO ELECT THE GOVERNING BODY, AS WELL AS APPROVE SIGNIFICANT DECISIONS MADE BY THE GOVERNING BODY. MEMBERS WHO ARE NOT ENTITLED TO VOTE, HOLD OFFICE, SHARE IN LIQUIDATION PROCEEDS, OR HAVE THEIR INITIATION FEES REFUNDED IN WHOLE OR IN PART ARE DEEMED "NON-EQUITY" MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7AIF SOMEBODY ON THE BOARD LEAVES OR VACATES THEIR POSITION, THE BOARD MEMBERS HAVE THE RIGHT TO APPOINT AN EQUITY MEMBER TO THE BOARD. HOWEVER, THIS PERSON MUST BE IN GOOD STANDING WITH THE CLUB. THE BOARD MEMBERS SHALL ELECT EQUITY MEMBERS TO FILL VACANCIES IN THE BOARD TO SERVE UNTIL THE NEXT ANNUAL MEETING OF THE CLUB.
FORM 990, PART VI, SECTION A, LINE 7BTHE EQUITY MEMBERS HAVE THE RIGHT TO RATIFY SIGNIFICANT DECISIONS MADE BY THE BOARD MEMBERS. EXAMPLES OF THESE SIGNIFICANT DECISIONS COULD INCLUDE THE APPROVAL OF GOING INTO DEBT OF MORE THAN A SPECIFIED AMOUNT AND ANY CAPITAL EXPENDITURES EXCEEDING CERTAIN AMOUNTS.
FORM 990, PART VI, SECTION B, LINE 11BTHE RETURN IS PREPARED BY THE ORGANIZATION'S PUBIC ACCOUNTING FIRM, SELDEN FOX LTD., AND IS REVIEWED AND SIGNED BY THE ORGANIZATION'S TREASURER. BEFORE FILING, A COPY OF FORM 990 WAS PROVIDED TO THE GOVERNING BODY FOR REVIEW, QUESTIONS, AND COMMENTS.
FORM 990, PART VI, SECTION B, LINE 15CLUB MANAGER - AN ANNUAL REVIEW IS PERFORMED BY THE HOUSE COMMITTEE CHAIRMAN ALONG WITH THE PRESIDENT OF THE CLUB. THE LEVEL OF COMPENSATION IS DETERMINED BY THE BOARD OF GOVERNERS. THE BOARD SURVEYS AREA PRIVATE COUNTRY CLUBS FOR MANAGER COMPENSATION PACKAGES. THEY ALSO HAVE INFORMATION THROUGH THE CHICAGO DISTRICT GOLF ASSOCIATION, THE GREATER CHICAGO CLUB MANAGERS ASSOCIATION AND THE CLUB MANAGERS ASSOCIATION OF AMERICA. CONTROLLER - A REVIEW IS PERFORMED BY CLUB MANAGER AND TREASURER/FINANCE COMMITTEE CHAIRMAN. COMPENSATION IS DETERMINED BY THE CLUB MANAGER AND THE FINANCE COMMITTEE. THE CLUB SURVEYS AREA PRIVATE COUNTRY CLUBS FOR COMPENSATION PACKAGES AND UTILIZES DATA FROM THE GREATER CHICAGO CLUB MANAGERS ASSOCIATION AND ENGAGE A PUBLIC ACCOUNTING FIRM. ALL SALARIES AND HOURLY WAGE RATES ARE REVIEWED BY THE BOARD OF GOVERNORS AND THE DEPARTMENT CHAIRPERSON AT THE START OF THE FISCAL YEAR. THESE WAGE RATES ARE INCORPORATED INTO THE OPERATING BUDGET FOR THE CURRENT FISCAL YEAR.
FORM 990, PART VI, SECTION C, LINE 19A PRIVATE MEMBER CLUB IS NOT REQUIRED TO MAKE GOVERNING DOCUMENTS, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC, BUT FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:DECREASE IN RESIGNED REGULAR MEMBERS' RECEIVABLES -36,715.

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