2019-03-20T07:43:20-07:00 2017-12-31 561688300 C DeWitt Foard & Co PA CPAs 817 E Morehead Street Ste 100 Charlotte NC 282022767 990 2017-01-01 464495308 The Cramer Mountain Club Inc CRAM 100 Hidden Pastures Drive Cramerton NC 28032 Leigh Blair Treasurer 2019-03-20 true Terry W Lancaster P00096087 7043721515 2017 2019-02-21 02:37:17Z Debbie Dunlap 1407473 false false X N/A X 2014 NC The mission of the Cramer Mountain Club is to serve its members by providing and properly maintaining outstanding amenities, activities, and services which are designated to provide satisfaction to a diverse and active membership. 7 7 47 50 86950 -18510 0 1343475 1230395 130 63 -48088 177015 1295517 1407473 0 0 540299 553662 0 0 1070404 1080163 1610703 1633825 -315186 -226352 2033070 2042339 254215 228960 1778855 1813379 The mission of the Cramer Mountain Club is to serve its members by providing and properly maintaining outstanding amenities, activities, and services which are designated to provide satisfaction to a diverse and active membership. false false 1133667 210994 Golf Operations - approximately 300 members whom actively pay golf membership dues and cart fees. Members are encouraged to actively participate in Golf Committees, to ensure proper course maintenance and growth. 262998 9785 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 455. 1396665 false false false false false false false false false true false false false false false false false false false false false 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 true 0 0 false 47 true true true false false false false false false false 258876 false false false X 7 7 true false false false true true true true true false false false false false false false false false false false X Joseph Campbell 7045782905 100 Hidden Pastures Drive Cramerton NC 28032 X Debbie Dunlap President 14.00 0.00 X X 0 0 0 Jim Tremoulis Vice President 5.00 0.00 X X 0 0 0 Keith Porter Secretary 6.00 0.00 X X 0 0 0 Hugh Sales Treasurer 5.00 0.00 X X 0 0 0 Shannon Irish Director 5.00 0.00 X 0 0 0 Gina Flowers Director 3.00 0.00 X 0 0 0 Duane McAlister Director 3.00 0.00 X 0 0 0 0 false false false 0 0 Fees and Rentals 713910 307729 220779 86950 Membership Dues & Assessments 713910 922666 922666 1230395 63 63 0 0 0 0 0 0 0 Other 713910 74118 74118 Pro Shop Differential 900099 103170 103170 Restaurant Differential 900099 -273 -273 177015 1407473 1320460 86950 63 0 0 0 0 0 0 454603 0 58799 40260 0 40 24934 0 0 0 77744 24637 29382 0 0 434667 0 0 0 0 0 178115 20257 Repairs and maintenance 197852 Property Taxes 55765 Miscellaneous 24237 Supplies 11631 902 1633825 0 0 0 105547 161516 0 0 106705 238120 0 0 0 0 0 2165365 530702 1812778 1634663 0 0 0 0 8040 8040 2033070 2042339 2610 49242 251605 179718 254215 228960 X 2241750 2502626 -462895 -689247 1778855 1813379 2033070 2042339 X -226352 260876 X false false false 12500 12500 38300 2874 35426 1661077 265422 1395655 417490 247490 170000 35998 14916 21082 1634663 DMD Investors Owner is club member Purchase golf eqpt X 359436 179718 false true true 179718 DMD Investors Owner is club member 71892 Monthly lease false CML Holdings Owners are club memb 134097 Monthly lease false Schedule L, Part V Supplemental Information 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. CMC entered into a lease agreement with DMD Investors for the golf course. 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 $11,355. Don Doctor and Eric Vargoso are partners in CML Holdings, LLC. CML Holdings, LLC owns a building in the Cramer Mountain community. The Club leases its Pro Shop, Locker Rooms, and Cart Barn from CML Holdings, LLC. Base rent is $10 per foot for Pro Shop and Locker Rooms. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder The organization has 202 Equity members. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body The Equity members elect the Board of Directors. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders 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 a quorum exists. Form 990, Part VI, Line 11b: Form 990 Review Process The Treasurer reviews the form 990 before it is filed. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Documents are made available upon request to Equity members. Other Changes In Net Assets Or Fund Balances - Other Increases Initiation fees = $2000 Other Changes In Net Assets Or Fund Balances - Other Increases Initiation fees = $258876