2019-11-12T09:44:33-08:00 2018-12-31 561688300 C DeWitt Foard & Co PA CPAs 817 E Morehead Street Ste 100 Charlotte NC 282022767 990 2018-01-01 464495308 The Cramer Mountain Club Inc CRAM 100 Hidden Pastures Drive Cramerton NC 28032 Leigh Blair Treasurer 2019-11-12 true Terry W Lancaster P00096087 7043721515 2018 2020-04-17 16:48:07Z Rick Hargis 100 Hidden Pastures Drive Cramerton NC 28032 1514388 false false X N/A X 2014 NC 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 38 55 73975 -13256 0 1230395 1514241 63 147 177015 0 1407473 1514388 0 0 553662 639056 0 0 1080163 1176245 1633825 1815301 -226352 -300913 2042339 1999456 228960 154261 1813379 1845195 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 1524676 478832 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. 290625 4789 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 450. 1815301 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 true false true false false false false false false false false true 4 0 true 38 true true true false false false false false false false 332729 false false false false false X 9 9 true false false false true true true true true false false true true false false false false true true false X Jon Meyers 7048794888 100 Hidden Pastures Drive Cramerton NC 28032 X Debbie Dunlap President 10.00 0.00 X X 0 0 0 Jim Tremoulis Vice President 5.00 0.00 X X 0 0 0 Kristin Major Secretary 5.00 0.00 X X 0 0 0 Leigh Blair 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 Hugh Sales Director 3.00 0.00 X 0 0 0 Rick Hargis Director 5.00 0.00 X 0 0 0 Don Doctor Director 3.00 0.00 X 0 0 0 0 false false false 0 0 Fees and Rentals 713910 483474 409499 73975 Membership Dues & Assessments 713910 1030767 1030767 1514241 147 147 0 0 0 0 0 0 0 0 1514388 1440266 73975 147 0 0 0 0 0 0 550491 0 37005 51560 55674 40 0 0 0 0 86964 13201 48510 0 0 502576 0 0 0 0 0 181988 17686 Repairs and maintenance 218138 Property Taxes 23618 Miscellaneous 15135 Supplies 12356 359 1815301 0 0 0 161516 114991 0 0 238120 347338 0 0 0 0 0 2241827 712690 1634663 1529137 0 0 0 0 8040 7990 2042339 1999456 49242 50476 179718 103785 228960 154261 X 2502626 2835355 -689247 -990160 1813379 1845195 2042339 1999456 X -300913 332729 X false false false 12500 12500 38300 3832 34468 1737539 357812 1379727 417490 330988 86502 35998 20058 15940 1529137 DMD Investors Owner is club member Purchase golf eqpt X 359436 103785 false true true 103785 DMD Investors Owner is club member 136260 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. 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. 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 Vargosko 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 211 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 Finance Committee and the Board of Directors 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 = $332729