2017-11-15T13:35:52-06:00 2016-12-31 381357951 PLANTE & MORAN PLLC 2601 CAMBRIDGE CT SUITE 500 AUBURN HILLS MI 48326 990 2016-01-01 380477160 DETROIT ATHLETIC CLUB DETR 3139639200 241 MADISON AVENUE DETROIT MI 48226 AARON LACKEY CFO 3139639200 2017-11-15 1 Lynne M Huismann P00053811 2483757100 2017-11-15 67.59.56.33 2017-11-15 10:34:52 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C3EE01AB0E15093E8109592E704D6522710D22E3 2016 2017-02-10 21:41:12Z JG TED GILLARY 241 MADISON AVENUE DETROIT MI 48226 34489024 0 X WWW.THEDAC.COM X 1931 MI A DISTINGUISHED PRIVATE CLUB PRESERVING AND CELEBRATING HUMANITY. THE MOST SOUGHT AFTER EXPERIENCE IN DETROIT. 19 19 654 0 4009883 178550 0 0 19081038 19600712 -26260 -13354 9260342 10195409 28315120 29782767 0 0 0 0 15006981 16464483 0 0 0 11708703 12504239 26715684 28968722 1599436 814045 58921310 59592388 23720960 23505657 35200350 36086731 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 4,600 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 1 167 0 1 654 1 1 1 0 0 0 1 1 1678404 4022458 0 X 19 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X AARON LACKEY - CONTROLLER 3139639200 241 MADISON AVENUE DETROIT MI 48226 GEORGE SPONSELLER President 1.00 X X 0 0 0 PATRICK O'KEEFE 1st Vice President 1.00 X X 0 0 0 STEVEN MELLOS 2nd Vice President 1.00 X X 0 0 0 GEOFFREY GALLINGER Secretary 1.00 X X 0 0 0 MATTHEW PAPPAS Treasurer 1.00 X X 0 0 0 DOUGLAS KRIZANIC Director 1.00 X 0 0 0 MARK KOCHIS Director 1.00 X 0 0 0 THOMAS MCFARLANE Director 1.00 X 0 0 0 KRISTIN MCCALLUM RITTER Director 1.00 X 0 0 0 BRIAN DEMKOWICZ DIRECTOR 1.00 X 0 0 0 ERLICH CRANE DIRECTOR 1.00 X 0 0 0 TIMOTHY ROSS Director 1.00 X 0 0 0 JOHN WELSH Director 1.00 X 0 0 0 CLYDE SUTTON III Director 1.00 X 0 0 0 DANIEL WEST Director 1.00 X 0 0 0 DAVID ZMYSLOWSKI Director 1.00 X 0 0 0 LAUREN EISBRENNER Director 1.00 X 0 0 0 PAUL HUTH Director 1.00 X 0 0 0 PATRICK PETZ DIRECTOR 1.00 X 0 0 0 J G TED GILLARY Executive Manager 50.00 X 465346 0 41362 AARON LACKEY Chief Financial Officer 50.00 X 185779 0 21898 JANE JUSZCZYK Assistant Secretary 40.00 X 76517 0 12630 Bruce Baka Chief Engineer 50.00 X 115811 0 12630 Rob Barr Athletic Director 50.00 X 152325 0 17712 Kevin Brennan Executive Chef 50.00 X 204067 0 27535 Charles Johnson Assistant General Manager 50.00 X 167997 0 17712 1367842 0 151479 6 0 1 0 SACHSE CONSTRUCTION 1528 WOODWARD AVENUE STE 600 DETROIT MI 48226 CONSTRUCTION CONTRACTOR 915568 AV EVENT SOLUTIONS 216 ORCHARD VIEW DRIVE ROYAL OAK MI 48073 A/V SERVICES 293846 EMERALD CITY DESIGNS 24590 N INDUSTRIAL ROAD FARMINGTON HILLS MI 48335 DECORATIONS 253580 KELLY SERVICES INC 1212 SOLUTIONS CENTER CHICAGO IL 606771002 CONTRACT LABOR 131272 CATHERINE C CONDINO 726 PEAR TREE LANE GROSSE POINTE MI 48236 ADVERTISING SALES 105176 5 MEMBERSHIP DUES 812900 14793733 14793733 ATHLETIC SERVICES 812900 2123337 1660269 463068 ROOM RENTAL 812900 1722634 861317 861317 GARAGE SERVICES 812930 652982 402368 250614 BOWLING SERVICES 812900 203739 203739 104287 104287 19600712 634 634 124440 0 124440 124440 124440 13988 -13988 -13988 -13988 13462093 4692269 8769824 7117812 1652012 NEWSLETTER 541800 759792 206281 553511 ENRICHMENT FUND 812900 283878 283878 LATE FEES 812900 201990 201990 55485 55485 1301145 29782767 25786872 4009883 -13988 803531 11666438 106738 2547988 1339788 265525 716253 21 2988612 319425 2228190 209652 499348 3708182 TAXES AND LICENSES 641926 MEMBERSHIP FUNCTIONS 151495 INCOME TAX EXPENSE 40139 ENRICHMENT EXPENSE 32412 703059 28968722 208960 1526886 2657863 2563672 792502 933307 1164449 1222706 88943653 35597836 54097536 53345817 58921310 59592388 2606020 3648778 1547635 2319251 19064207 16951589 503098 586039 23720960 23505657 X 35200350 36086731 35200350 36086731 58921310 59592388 814045 72336 0 X X 0 1 X 1 0 X PRIVATE ENJOYMENT OF MEMBER 0 1045957 1045957 71940699 29648598 42292101 6549924 1039647 5510277 7646650 4860276 2786374 1760423 49315 1711108 53345817 FUNDS HELD FOR SOCIAL CLUBS 521258 FORWARD INTEREST RATE SWAP 64781 586039 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 nonprofit corporation exempt from federal income taxes under Internal Revenue Code Section 501(c)(7). Detroit Athletic Club Foundation is a nonprofit corporation exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). M.A.S. Detroit Corp. is a for-profit corporation that is subject to federal income taxes. 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. Management has analyzed the tax positions taken by the Club and has concluded that as of December 31, 2016 and 2015, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the consolidated financial statements. The Club is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2013. X 1 1 X X X 0 0 0 J G TED GILLARY Executive Manager 347146 0 105000 0 13200 0 22642 0 18720 0 506708 0 22685 0 AARON LACKEY Chief Financial Officer 166521 0 18353 0 905 0 4186 0 17712 0 207677 0 0 0 Rob Barr Athletic Director 119344 0 32653 0 328 0 0 0 17712 0 170037 0 0 0 Kevin Brennan Executive Chef 155570 0 43497 0 5000 0 12000 0 15535 0 231602 0 12000 0 Charles Johnson Assistant General Manager 134930 0 32942 0 125 0 0 0 17712 0 185709 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 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 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 114049 74809 1.00000 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 MAS DETROIT CORP A 124000 COMPARABLE TRANSACTIONS